iShares MSCI Korea UCITS ETF (IQQK)

Profile

https://oci-global.com

iShares MSCI Korea UCITS ETF (Dist) is an exchange-traded fund designed to track the performance of the MSCI Korea 20/35 index, which comprises large- and mid-cap companies from South Korea. Launched on November 18, 2005, and domiciled in Ireland with ISIN IE00B0M63391, it employs physical replication to mirror the benchmark, previously the MSCI Korea Index until February 2020. As a distributing ETF, it pays out dividends to investors, supporting income-focused strategies with a reported distribution yield around 0.80%. The fund holds approximately 84 securities, spanning key Korean sectors like technology, automobiles, financials, and consumer goods, providing diversified exposure to the dynamic South Korean equity market. With assets under management of about $552 million, it engages in securities lending to enhance returns, averaging low single-digit percentages of AUM on loan with overcollateralization. Registered across multiple European countries including the UK, Germany, and Switzerland, this UCITS-compliant ETF plays a vital role in offering international investors efficient, low-cost access to Korea's export-driven economy and innovative industries. Its total expense ratio of 0.65% p.a. underscores its cost-effectiveness in the emerging markets ETF space.