Industry description
The investment seeks to track the investment results of the MSCI All UAE Capped Index composed of UAE equities.
The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is designed to measure the equity market in the United Arab Emirates ("UAE"). The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the iShares MSCI UAE ETF ETF was -0%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 11%. AMR experienced the highest price growth at -1%, while DSI experienced the biggest fall at -2%.