Topic: How To Invest

Q: Hi: Do you know of an ETF that invests in the U.K.? Thanks.

Article Excerpt

A: iShares MSCI United Kingdom ETF, $31.89, symbol EWU on New York (Units outstanding: 77.8 million; Market cap: $2.5 billion; www.ishares.com), is an ETF that invests in 109 large and mid-sized companies in the U.K. The ETF’s top holdings are Royal Dutch Shell, HSBC Holdings, British American Tobacco plc, BP plc, GlaxoSmithKline plc, Diageo plc, AstraZeneca, Vodafone Group and Reckitt Benckiser Group. iShares launched the ETF on March 12, 1996. Its expense ratio is 0.48%. iShares MSCI United Kingdom ETF is okay to hold for exposure to the U.K. market. market. …