IPAC ISSUER
The iShares MSCI Pacific ex Japan ETF (IPAC) is managed by BlackRock, Inc. (formerly known as Barclays Global Investors). Established to track the performance of the MSCI Pacific ex Japan Index, this ETF provides exposure to equities from five prominent countries or regions: Australia, Hong Kong, New Zealand, Singapore, and Japan. As a passively managed fund, IPAC aims to replicate the index's performance rather than outperforming it actively. It employs a representative sampling strategy, investing in a selection of securities with characteristics similar to those of the underlying index. With its focus on the Asia-Pacific region, IPAC offers investors a way to diversify their portfolio and potentially benefit from the growth of these markets.
IPAC DIVIDEND
While the primary objective of the IPAC ETF is to track the MSCI Pacific IMI Index, which includes companies from Australia, Hong Kong, Japan, New Zealand, and Singapore, it also has a dividend distribution component. Dividends from this ETF are subject to the dividend policies and performance of the constituent companies within the index. Typically, these dividends are distributed on a periodic basis, and investors can benefit from both potential capital appreciation and dividend returns. However, it's important to note that the ETF follows a passive indexing approach, aiming to match the performance of the index rather than actively seeking out dividend-yielding stocks.
IPAC TRACKING
Tracking the MSCI Pacific IMI Index is the primary objective of the IPAC Tracking ETF. This ETF is designed to provide investors with exposure to a diversified portfolio of securities from the Asia-Pacific region, including Australia, Hong Kong, Japan, New Zealand, and Singapore. The MSCI Pacific IMI Index consists of large, mid, and small-cap companies and is weighted by market capitalization. As of July 31, 2022, the index has a significant allocation to the financials and industrials sectors. IPAC utilizes a passive indexing approach, aiming to replicate the performance of the underlying index by investing in a representative sample of securities with similar characteristics. With its focus on tracking the MSCI Pacific IMI Index, IPAC offers investors a cost-effective way to gain exposure to this region's equity markets while minimizing the risks associated with active management.
IPAC CORRELATION
The correlation aspect of the iShares MSCI Pacific ex-Japan ETF (IPAC) is essential in understanding its behavior in relation to the Asia-Pacific equity markets, excluding Japan. As IPAC tracks the MSCI Pacific IMI Index, its correlation with the region's equity markets is expected to be strong, reflecting the performance of companies from Australia, Hong Kong, New Zealand, Singapore, and Japan. Investors can leverage IPAC's correlation insights to make informed decisions, whether for regional exposure or diversification within their portfolios.
IPAC SECTOR
The iShares MSCI Pacific ex-Japan ETF (IPAC) primarily focuses on investments in the Asia-Pacific region, excluding Japan. The fund seeks to track the performance of the MSCI Pacific ex-Japan Index, which includes companies from Australia, Hong Kong, New Zealand, and Singapore. As of the latest data available (July 31, 2022), the ETF has a significant allocation to the financials and industrials industries within these countries. IPAC provides investors with exposure to the dynamic economies of the Asia-Pacific region, offering potential growth opportunities while being subject to the risks associated with this specific geographic concentration.
IPAC EXPOSURE
The iShares MSCI Pacific ex-Japan ETF (IPAC) provides exposure to the equity markets of the Asia-Pacific region, excluding Japan. With a focus on five key countries or regions - Australia, Hong Kong, New Zealand, Singapore, and Japan - IPAC tracks the MSCI Pacific IMI Index. As of its last update in July 2022, the ETF predominantly comprises financials and industrials industries, offering investors an opportunity to participate in the growth potential of this dynamic region. For a more comprehensive analysis of IPAC's exposure, investors can leverage ETF Insider's web app, which provides in-depth data and visualizations, including overlap and correlations with other ETFs in the U.S. market.
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