ITWAX – iShares MSCI Taiwan ETF USD Acc – ETF Investment Strategy | Morningstar

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Strategy

The investment objective of this Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI Taiwan 20/35 Index. In order to achieve this investment objective, the investment policy of the Fund is to invest in a portfolio of equity securities that as far as possible and practicable consist of the component securities of the MSCI Taiwan 20/35 Index, this Fund’s Benchmark Index. The Fund intends to replicate the constituents of the Benchmark Index by holding all the securities comprising the Benchmark Index in a similar proportion to their weightings in the Benchmark Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ITWN	iShares MSCI Taiwan UCITS ETF USD (Dist)	ETF	Open			Oct 28, 2005	$1.35B	—	Average	—	$248.89M
ITWAX	iShares MSCI Taiwan UCITS ETF USD Acc	ETF	—			Jun 28, 2021	$106.11M	—	Average	—	$80.85M

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