QAT

QAT launched in late April 2014, coinciding with the effective date of MSCI's decision to reclassify Qatar from "Frontier" to "Emerging" status. This is the first ETF to focus solely on Qatar. The index includes securities that are classified in Qatar according to the MSCI's country classification, together with companies that are headquartered or listed and carry out most of their operations in the country. The fund tracks an MSCI's 25/50 index that diversifies its holdings by applying limits on RICs, such that no group entity exceeds 25% of index weight and the aggregate weight of issuers with over 5% weight in the index are capped at 50% weight of the portfolio. The index is rebalanced quarterly.