IS MSCI INDIA CLIMATE TRANSIT
(SGX: I98)

The iShares MSCI India seeks to track the performance of the MSCI India Index (the "Index"), subject to currency movement, which is designed to provide a broad based coverage of at least 85% of the free float-adjusted market capitalisation of each industry group in the Indian market. In order to track the Index, the iShares MSCI India will hold Indian access products ("IAPs") in the form of securities (such as warrants or participation certificates) linked to shares of Indian companies which are constituent companies of the Index issued by a connected person of a foreign institutional investor (FII) in India. In certain circumstances, the iShares MSCI India may also hold Index Return IAPs which is linked to the Index. Both securities synthetically replicate the economic benefit of the relevant underlying Indian shares and Index. Both IAPs and Index Return IAPs are denominated in US dollar and listed in Luxembourg. Barclays Global Investors Southeast Asia Limited, the manager of iShares MSCI India (the "Manager") intends to pursue a representative sampling strategy to achieve the iShares MSCI India's investment objective, and may overweight the holdings (through relevant IAPs) of the iShares MSCI India relative to the respective weightings of the underlying Indian shares in the Index. In pursuing a representative sampling strategy, the Manager will select underlying Indian shares based on their contribution to certain capitalisation, industry and fundamental investment characteristics that will, in the aggregate, provide performance like those of the Index.

13.930 -

-0.090 (-0.64%)
Range 13.930 - 14.110   (1.29%)
Open 14.020
Previous Close 14.020
Bid Price 13.910
Bid Volume ('000) 12
Ask Price 13.960
Ask Volume ('000) 12
Volume ('000) 0.3
Value 4,231
Remark -
Delayed prices. Updated at 20 Dec 2024 17:03.
Data powered by
View All Events


Loading Chart...

Please login to view stock data and analysis