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UAE - UAE: United Arab Emirates Stocks Probably Undervalued But Long-Term Returns Are Capped
December, 20 2021 01:12 AM
iShares MSCI UAE Capped ETF
UAE invests in United Arab Emirates equities. The fund is probably undervalued fundamentally, even after its strong recent performance. However, this recent performance follows long-term lows, set years after fund inception. Longer-term returns are likely going to be muted, and therefore, while the current trend may continue, I would caution against investing in UAE. For further details see:
UAE: United Arab Emirates Stocks Probably Undervalued, But Long-Term Returns Are Capped
Stock Information
Company Name:
iShares MSCI UAE Capped ETF
Stock Symbol:
UAE
Market:
NASDAQ
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