(CSEMU) iShares VII -iShares Core - Ratings and Ratios

The investment objective of the iShares Core MSCI EMU UCITS ETF EUR (Acc) is to replicate the performance of the MSCI EMU Index, capturing the net total return of the index while minimizing tracking error. The fund employs a full replication strategy, meaning it holds a portfolio of securities that closely mirrors the composition of the MSCI EMU Index. This approach ensures that the fund tracks the performance of large- and mid-cap companies across the Eurozone, providing exposure to the regions equity markets. The ETF is designed for investors seeking diversified exposure to Eurozone equities with low fees and high liquidity.

The fund is physically replicated, meaning it holds the underlying securities of the MSCI EMU Index rather than using derivatives. This replication strategy is supported by BlackRocks indexing expertise, ensuring tight tracking of the benchmark. The MSCI EMU Index is a widely followed benchmark that includes equities from Eurozone countries, offering a broad representation of the regions economic performance. The ETF is denominated in Euros and distributes income annually, making it suitable for investors who prioritize capital growth alongside income generation.

From a technical perspective, the ETF shows a bullish short-term trend, with the last price of 186.56 above the 20-day simple moving average (SMA) of 182.53. However, the 50-day SMA of 190.12 indicates medium-term resistance, suggesting potential headwinds. The 200-day SMA of 179.98 confirms the long-term uptrend, with the ETF trading above this level. The Average True Range (ATR) of 3.95 reflects moderate volatility, signaling manageable risk levels. The average volume of 5,715 shares over the past 20 days highlights moderate liquidity.

Fundamentally, the ETFs assets under management (AUM) of €4,480.59 million underscore its scale and investor confidence. As a large and established fund, it benefits from economies of scale, contributing to its low expense ratio. The funds focus on large-cap equities aligns with the MSCI EMU Index, ensuring exposure to key sectors driving the Eurozone economy, such as financials, industrials, and consumer discretionary. The ETFs holdings are diversified across 12 Eurozone countries, with France, Germany, and Spain being the largest allocations.