The IShares S&P Global 100 ETF is a popular investment option that tracks the S&P Global 100 Index.
It has a total of 100 holdings, giving you diversified exposure to the global market.
Each holding represents a significant company in the global market, with a minimum market value of $4.5 billion.
This fund is designed for long-term investors who want to tap into the growth potential of the global market.
The expense ratio is 0.20%, which is relatively low compared to other ETFs.
This means that you'll pay less in fees over time, helping your investment grow more efficiently.
The fund is actively managed, which means that the investment team regularly reviews and adjusts the holdings to ensure the fund remains aligned with the index.
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Fund Details
The iShares S&P Global 100 ETF is a passively managed International Equity Global Large-Stock Blend exchange-traded fund (ETF). It was launched by iShares in 2000.
The fund tracks the investment results of the S&P Global 100 index, which measures the performance of the stocks of approximately 100 large-capitalization global companies.
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It generally invests at least 80% of its assets in the component securities of its underlying index and in investments with similar economic characteristics.
The fund may also invest up to 20% of its assets in certain futures, options, and swap contracts, cash, and cash equivalents.
iShares Global 100 ETF has a management team with an average tenure of 10.90 years, consisting of three members: Greg Savage, Jennifer Hsui, and Paul Whitehead.
The ETF has a primary benchmark of the S&P Global 100 NR USD index, which accounts for 100% of its weighting.
The top 10 holdings in the ETF's portfolio constitute 57.2% of its assets, indicating a relatively concentrated portfolio.
The fund meets the SEC requirement of being classified as a non-diversified fund, meaning it may invest in a smaller number of securities.
iShares Global 100 ETF has 117 securities in its portfolio, with 18.4% invested in foreign issues and 81.6% in domestic stocks.
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Frequently Asked Questions
Is Global 100 ETF a good investment?
The iShares Global 100 ETF (IOO) has delivered strong returns over the past 1, 3, and 5 years, with average annual returns of 14.07% and 15.92% respectively. Consider IOO for your investment portfolio if you're seeking a diversified and potentially high-growth option.
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