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iShares ETFs on the ASX
Posted on May 4th, 2009 No commentsA world of Exchange Traded Funds now trading on the ASX.
Fund Name ASX
CodeMEF Total Net Assets* (A$) (000)
As at 01 May, 2009Monthly Holdings
As at 30 Apr, 2009
iShares FTSE/Xinhua China 25 IZZ 0.74% $9,788,701 26 iShares MSCI BRIC IBK 0.72% $207,571 176 iShares MSCI EAFE IVE 0.34% $37,545,496 838 iShares MSCI Emerging Markets IEM 0.72% $35,847,030 340 iShares MSCI Hong Kong IHK 0.52% $1,856,866 44 iShares MSCI Japan IJP 0.52% $6,376,163 336 iShares MSCI Singapore ISG 0.52% $1,004,368 28 iShares MSCI South Korea IKO 0.63% $2,165,958 99 iShares MSCI Taiwan ITW 0.73% $2,553,864 103 iShares Russell 2000 IRU 0.24% $11,549,240 1911 iShares S&P 500 IVV 0.09% $22,674,915 501 iShares S&P Asia 50 IAA 0.50% $68,119 51 iShares S&P Europe 350 IEU 0.60% $1,848,726 352 iShares S&P Global 100 IOO 0.40% $822,946 108 iShares S&P Global Consumer Staples IXI 0.48% $326,621 99 iShares S&P Global Healthcare IXJ 0.48% $602,506 85 iShares S&P Global Telecommunications IXP 0.48% $334,997 46 iShares S&P MidCap 400 IJH 0.20% $5,613,753 401 iShares S&P SmallCap 600 IJR 0.20% $5,109,546 601 THE TRADING SCREEN FOR iShares® EXCHANGE TRADED FUNDS
Although iShares Exchange Traded Funds (ETFs) trade like shares on the ASX, there are key differences to consider when looking at the trading screen. With shares, it is reasonable to assume that the greater the market depth, the more liquid the stock. This, however, is not the case with iShares ETFs.
The fundamental concept, unique to iShares ETFs, when viewing the order book is:
The trading screen accurately represents the market price of an iShares ETF, not the larger volumes which are able to be bought or sold.
Below is a snapshot of a trading screen for iShares MSCI EAFE (ASX: IVE). On first glance, and by applying the same reasoning as you would when buying shares, the iShares ETF may appear thinly traded and therefore potentially difficult to sell. But, given this is an iShares ETF and by applying the correct reasoning, the screen tells a different story:
Click to Enlarge
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ETFs ASX, Bric, ETFs, Exchange Traded Funds, Global Consumer, Global Healthcare, Global Telecommunications, Isg, Ishares, Ishares Exchange Traded Funds, Ishares Msci Eafe, Itw, Ivv, Ixj, Mef, Msci Japan, Msci Singapore, Russell 2000Leave a Reply






