The iShares MSCI Taiwan seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Taiwanese market, as measured by the MSCI Taiwan Index. The Index seeks to measure the performance of the Taiwanese equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion to the Index, taking into consideration unavailable strategic shareholdings and limitations to foreign ownership. MSCI reviews their indexes quarterly.
iShares MSCI Taiwan ETF (ITW)
All dollar amounts are in Australian dollars. All dates are in US Eastern Standard Time. Any exceptions are noted.
(as at 21 May 2013)
Final closing price as at 4:00pm AEST of the date shown.
|Bloomberg Estimated Intraday NAV (EIN)||N/A|
|Bloomberg Shares Outstanding||EWT.SO|
|IRESS Estimated Intraday NAV (EIN)||N/A|
|Underlying Index||MSCI Taiwan Index(SM)|
Fundamentals as at 30 April 2013
Price to Earnings Ratio
The price/earnings ratio is the latest closing price divided by the latest 12 months' earnings per share. P/E and P/B ratios are useful in comparing different equities in the same sector, e.g., individual financial companies. They are less commonly used by iShares investors because iShares ETFs represent a basket of securities across a wide universe of companies.
Price to Book Ratio
The price to book ratio is the latest closing price divided by the book value per share. Book value is an accounting term representing total assets less intangible assets and liabilities, and represents the total value of the companys assets that shareholders would theoretically receive if a company were liquidated. P/E and P/B ratios are useful in comparing different equities in the same sector, e.g., individual financial companies. They are less commonly used by iShares investors because iShares ETFs represent a basket of securities across a wide universe of companies.
Profile as at 21 May 2013
Top Holdings as at 20 May 2013
|TAIWAN SEMICONDUCTOR MANUFAC||21.48%|
|HON HAI PRECISION INDUSTRY||5.90%|
|CHUNGHWA TELECOM CO LTD||2.87%|
|NAN YA PLASTICS CORP||2.34%|
|CATHAY FINANCIAL HOLDING CO||2.27%|
|FORMOSA PLASTICS CORP||2.24%|
|CHINA STEEL CORP||2.24%|
|DELTA ELECTRONICS INC||2.08%|
|UNI-PRESIDENT ENTERPRISES CO||1.92%|
Top Sectors as at 20 May 2013
- The performance quoted represents past performance and does not guarantee future results.
- Total management fees and expenses as an annual percentage of net assets value.
Fund Performance - Additional Information
The performance figures represent past performance of the funds. Performance is not indicative of future performance. Performance figures for the funds shown are calculated after fund management fees and expenses, and assume reinvestment of distributions. Performance figures are in Australian dollars, where stated. Performance is calculated to the last business day of the month. Performance figures for an International iShares fund are provided in US dollars by the administrator of the fund. In respect of the managed investment scheme Australian iShares funds quoted on ASX, dates and times are Australian Eastern Standard Time. In respect of the international iShares funds cross-listed on the ASX, dates and times are US Eastern Standard Time. Investment return and principal value of an investment will fluctuate so that an investor's units, when sold or redeemed, may be worth more or less than the original cost. An iShares fund is not actively managed. You cannot invest directly in an index. Current performance may be higher or lower than the performance shown.
Before investing in an iShares exchange traded fund, you should carefully consider whether such products are appropriate for you, read the applicable prospectus or product disclosure statement available at iShares.com.au and consult an investment adviser.