Nine international industry sector exchange-traded funds (ETFs) were launched by BlackRock. The new funds are linked to MSCI All Country World ex-US sector indexes, which do not include U.S.-based companies.
By design, the new iShares sector ETFs have equity exposure to both developed and emerging markets.
The new funds are:
— iShares MSCI ACWI ex US Consumer Discretionary Sector Index Fund (AXDI)
– iShares MSCI ACWI ex US Consumer Staples Sector Index Fund (AXSL)
– iShares MSCI ACWI ex US Energy Sector Index Fund (AXEN)
– iShares MSCI ACWI ex US Health Care Sector Index Fund (AXHE)