Emerging Markets ETF Will Add 11 Brazilian Stocks And 7 Chinese Stocks To Its Holdings (EEM)

emerging-markets“The iShares MSCI Emerging Markets Index (NYSE: EEM), the largest emerging markets ETF by market value, will add 11 Brazilian stocks and seven Chinese stocks to its holdings by the end of this month, increasing its exposure to two of the best-performing emerging markets,” Benzinga Reports.

“Currently, the two countries account for just 25% of EEM’s holdings, though there are several Brazilian names and one Chinese stock among the top 10 holdings. Brazil has soared the most on the MSCI so far in 2009, gaining 121% in dollar terms (as of Thursday), while China is up 62% year-to-date, according to press reports,” Benzinga Reports.

Here’s a look at the iShares MSCI Emerging Markets ETF (EEM):

The investment (EEM) seeks investment results that correspond generally to the price and yield performance of the MSCI Emerging Markets index. The fund generally invests at least 90% of assets in the securities of its underlying index or in ADRs and GDRs representing such securities. The index was developed by MSCI as an equity benchmark for international stock performance. It is nondiversified.

TOP 10 HOLDINGS (EEM) ( 24.62% OF TOTAL ASSETS)  
 
Company Symbol % Assets
Bank Bradesco ADR N/A 1.77
China Mobile Ltd. N/A 1.91
CHUNGHWA TEL ADS (CHT) 1.81
ITAU UNIBANCO ADS (ITUB) 2.64
KB FINL GP INC (KB) 1.94
Petroleo Brasileiro S.A. N/A 2.61
PETROLEO BRASILEIRO (PBR) 2.3
POSCO (PKX) 2.24
Samsung Electronics Co., Ltd.(GDR) N/A 4.3
TAIWAN SEMICOND ADS (TSM) 3.1

 Chart for iShares MSCI Emerging Markets Index (EEM)

 

 

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