The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund designed to track the performance of leading publicly traded companies in Poland. The ETF is managed by BlackRock through its iShares platform and trades under the ticker EPOL on the NYSE Arca.

Classified as a single-country international equity ETF, the fund provides exposure to large- and mid-cap Polish companies. Its strategy gives investors access to one of Central Europe's largest economies, with significant representation in financials, energy, consumer, and materials companies.

The ETF follows a passive management approach and seeks to replicate the performance of the MSCI Poland IMI 25/50 Index, a benchmark composed of representative Polish companies while complying with U.S. registered investment company diversification requirements.

Diversification and sector exposure

EPOL provides exposure primarily associated with:

• Polish companies.

• Financial services.

• Energy.

• Materials.

• Consumer sectors.

• Industrials.

• Utilities.

• Central Europe.

The portfolio includes companies across multiple sectors of the Polish economy, including banks, energy producers, mining companies, industrial businesses, and retailers. The ETF's performance reflects the strength of Poland's economy and equity market while also being influenced by broader economic conditions across Europe.

Structure and costs

EPOL shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends received from portfolio holdings may be distributed periodically to shareholders according to the fund's distribution policy.

History and evolution of the ETF

The iShares MSCI Poland ETF was launched in 2010 to provide international investors with exchange-traded exposure to the Polish equity market.

Since inception, the fund has tracked multiple phases of Poland's economic development, including periods of economic expansion, monetary policy changes, and fluctuations across Central and Eastern European markets.

In recent years, European inflation, the war in Ukraine, regional energy policy, developments in the European Union economy, and changing interest rates have continued to shape the performance of the companies represented in the ETF's portfolio.

Additional Information

iShares MSCI Poland ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $667.16 million.

Over the past 12 months, iShares MSCI Poland ETF recorded a return of 33.52%, with its price trading between $31.29 and $41.37 during the same period.

The ETF is traded under the ticker EPOL.