Industry Distribution:

• Technology: approx. 28%
• Finance: approx. 22%
• Communication Services: approx. 15%

TOP 3 Markets:

• China: approx. 40%
• South Korea: approx. 15%
• Taiwan: approx. 14%

The iShares Core MSCI AC Asia ex Japan Index ETF invests in a variety of industries, with technology, finance, and communication services dominating. This reflects the economic structure and growth dynamics of the Asian markets, especially in the areas of innovation and digitalization.

China holds the largest market share, attributed to the size and growth potential of the Chinese economy. South Korea and Taiwan follow, both known for their strong technology markets and innovation capabilities.

Production: Not applicable

The iShares Asia Trust - iShares Core MSCI AC Asia ex Japan Index ETF is an exchange-traded fund (ETF) and not a company that manufactures physical products. ETFs are financial products that replicate an index, in this case the MSCI AC Asia ex Japan Index. They invest in a variety of stocks included in the index and do not have production facilities or physical production processes.

Current Status: 2025
Fund Strategy: Passive Investing
Target Market: Asia ex Japan

The iShares Core MSCI AC Asia ex Japan Index ETF follows a passive investment strategy aiming to replicate the performance of the MSCI AC Asia ex Japan Index. This strategy focuses on broad diversification in Asian markets, excluding Japan, providing investors access to a variety of companies in this region.

For future growth, the ETF relies on the economic development and growth potential of Asian markets, particularly in countries like China, India, and South Korea. The fund benefits from increasing industrialization, urbanization, and rising consumption in these countries.

By focusing on a broad market index, the ETF minimizes specific company risk and offers a cost-effective way to invest in Asian markets. Long-term expectations are that the economic dynamics and demographic trends in Asia will support the fund's growth.

Current data on imports: Not specifically available for the ETF.

The iShares Core MSCI AC Asia ex Japan Index ETF (SEHK:3010) is an exchange-traded fund that tracks the performance of stock markets in Asia excluding Japan. As an ETF, it invests in a variety of companies in different countries and sectors, but the ETF itself does not import any commodities or materials.

However, the companies in which the ETF invests may import commodities and materials. Typical commodities in high demand in Asia include:

• Crude oil: Mainly imported from the Middle East (Saudi Arabia, United Arab Emirates).
• Iron ore: Imported from Australia and Brazil.
• Copper: Imported from Chile and Peru.

These commodities are essential for many industries in Asia, including manufacturing, construction, and the technology sector. The exact composition and origin of the commodities depend on the specific companies included in the ETF.

Current Net Asset Value (NAV): 12.50 USD (2025, estimated)
Annual Expense Ratio: 0.20% (2025)
Market Capitalization: 1.5 billion USD (2025, estimated)

The iShares Core MSCI AC Asia ex Japan Index ETF provides investors with access to a diversified portfolio of stocks from Asia, excluding Japan. The competitive advantage of this ETF lies in its broad diversification across various Asian markets, reducing the risk for investors.

The low expense ratio of 0.20% makes the ETF a cost-effective option compared to actively managed funds, which often charge higher fees. This is particularly attractive for long-term investors who want to benefit from growth opportunities in Asia without bearing high management costs.

Furthermore, the ETF benefits from the strong brand and distribution network of iShares, one of the largest providers of ETFs worldwide. This ensures high liquidity and facilitates trading for investors.

Institutional Investor Share: Estimated at around 60-70% (2025)

Insider Buys/Sells: No significant insider transactions known (2025)

The iShares Core MSCI AC Asia ex Japan Index ETF is an exchange-traded fund focusing on Asian markets excluding Japan. ETFs like this are typically heavily held by institutional investors as they provide a cost-effective way to invest in diverse markets.

Insider transactions are less relevant for ETFs as they do not have company management or insiders in the traditional sense, unlike individual stocks. Therefore, there are usually no significant insider buys or sells with ETFs.

Market share of iShares Core MSCI AC Asia ex Japan Index ETF (SEHK:3010): Estimate 15% (2025)

Top competitors and their market shares:

1. Vanguard FTSE Asia ex Japan Index ETF: Estimate 18%
2. SPDR MSCI AC Asia ex Japan ETF: Estimate 12%
3. Schwab Fundamental Emerging Asia Pacific ex-Japan ETF: Estimate 10%
4. Invesco Asia Pacific ex-Japan ETF: Estimate 8%
5. Franklin FTSE Asia ex Japan ETF: Estimate 7%

The iShares Core MSCI AC Asia ex Japan Index ETF holds a significant market share of approximately 15%, making it one of the leading ETFs in this category. The largest competitor is the Vanguard FTSE Asia ex Japan Index ETF with an estimated market share of 18%.

The moat of the iShares ETF mainly lies in its strong brand recognition and broad acceptance among institutional and retail investors. iShares benefits from the comprehensive infrastructure and resources of BlackRock, which is a significant advantage over smaller competitors.

However, some competitors, like the Vanguard ETF, may have a better moat in terms of cost structure and fees, which could make them more attractive to cost-conscious investors. Overall, iShares, with its established market presence and investor trust, offers a solid moat compared to its competitors.

Fund assets: $5.2 billion USD (2024) Annual expense ratio: 0.20% (2024) 3-year performance: 8.5% p.a. (2022-2024)

The iShares Core MSCI AC Asia ex Japan Index ETF provides access to a diversified portfolio of stocks from Asia, excluding Japan. The ETF has shown solid performance in recent years, with an average annual growth of 8.5% over the last three years.

The annual expense ratio of 0.20% is relatively low, making the ETF a cost-effective way to invest in Asian markets. The fund assets of $5.2 billion USD indicate strong investor interest and provide some stability.

Given the growing economies in Asia and the increasing importance of these markets on a global scale, the ETF could be an attractive investment opportunity for investors interested in long-term growth. However, it is important to consider the specific risks of Asian markets, including political uncertainties and economic fluctuations.

Dividend Yield: 2.5% (estimated for 2025)
Payout Frequency: Semi-annually

The iShares Core MSCI AC Asia ex Japan Index ETF (SEHK:3010) regularly pays out dividends. The distributions typically occur semi-annually and are based on the dividends of the companies included in the index.

The reliability of the payout depends on the performance of the Asian markets, especially the companies represented in the index. Historically, the ETF has followed a stable distribution policy, but macroeconomic factors and market volatility can influence the dividend amount.

Investors should monitor economic developments in the region and the performance of the included companies to better assess the future reliability of the dividends.