2024-04-30 17:16:06 ET
Summary
- The iShares MSCI Israel ETF (EIS) provides exposure to Israeli companies and has shown resilience despite geopolitical risks.
- EIS has a diversified portfolio with a focus on the technology and financial sectors, offering potential downside protection if there is a rotation out of growth.
- The fund has experienced stable flows, recovering from outflows in 2023, and currently offers attractive valuations.
The iShares MSCI Israel ETF ( EIS ) is an exchange-traded fund that provides investors with exposure to a broad range of Israeli companies. As of writing, the fund has just north of $137M in assets and has shown resilience given the geopolitical realities in the region. EIS has delivered 10% return on a trailing one-year basis and has favorable valuation multiples. Structurally, the fund provides exposure to both value and growth styles of investing. Flows have remained relatively stable despite the recent volatility. This is a rare opportunity to gain exposure to tech at a good price....
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EIS: Cheap And Diversified Growth Opportunity