The iShares MSCI UAE ETF seeks to track the investment results of an index composed of UAE equities, providing exposure to companies listed in the United Arab Emirates.
Description: The iShares MSCI UAE ETF (ticker: UAE) is an exchange-traded fund launched by BlackRock in 2008. It aims to replicate the performance of the MSCI UAE Investable Market Index, which includes large-, mid-, and small-cap stocks traded on the Dubai Financial Market and Abu Dhabi Securities Exchange. The fund offers investors a diversified portfolio of UAE-based companies across sectors such as financials, real estate, telecommunications, and energy. As one of the few ETFs focused on the UAE market, it serves as a tool for gaining targeted exposure to the country's economic growth and its role as a regional financial hub. The ETF is listed on the NYSE Arca and has net assets of approximately $150 million as of 2023.
