EWM - EWM: Not A Lot Of Light At The End Of The Tunnel For Malaysian Stocks
2024-04-15 11:44:09 ET
Summary
- iShares MSCI Malaysia ETF aims to track Malaysian equities, with heavy concentration in financials.
- Malaysia offers potential undervalued opportunities as global companies outsource production away from China.
- Lack of profit growth and flat EPS trends contribute to Malaysia's stock market underperformance.
iShares MSCI Malaysia ETF Overview
The iShares MSCI Malaysia ETF ( NYSEARCA:EWM ) aim is to track results of an index of Malaysian equities. This index is targeted to access 85% of the Malaysian stock market, offering exposure to large and mid-sized companies in Malaysia.
It is worth noting, however, according to its latest factsheet , that concentration is heavy in financials (almost 40%)....
EWM: Not A Lot Of Light At The End Of The Tunnel For Malaysian Stocks