The iShares MSCI Singapore ETF (EWS) is an exchange-traded fund designed to track the performance of leading publicly traded companies in Singapore. The ETF is managed by BlackRock through its iShares platform and trades under the ticker EWS on the NYSE Arca.
Classified as a single-country international equity ETF, the fund provides exposure to Singapore's equity market, including large- and mid-cap companies. Its strategy gives investors access to one of Asia's developed economies, with significant representation in the financial, real estate, industrial, and transportation sectors.
The ETF follows a passive management approach and seeks to replicate the performance of the MSCI Singapore 25/50 Index, a benchmark composed of leading Singaporean companies while complying with U.S. registered investment company diversification requirements.
Diversification and sector exposure
EWS provides exposure primarily associated with:
Singaporean companies.
Financial services.
Real estate.
Industrials.
Transportation.
Telecommunications.
Utilities.
Developed Asian markets.
The portfolio includes many of Singapore's leading companies, including banks, real estate firms, infrastructure operators, transportation companies, and telecommunications providers.
The ETF's performance reflects the strength of Singapore's economy, one of Asia's leading financial and trade hubs, as well as the operating performance of companies across sectors that play a central role in the country's economic activity.
Structure and costs
EWS 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.
Because it concentrates its investments in a single country, the ETF may be more sensitive to economic, regulatory, and political developments specific to Singapore.
History and evolution of the ETF
The iShares MSCI Singapore ETF was launched in 1996 to provide international investors with exchange-traded access to Singapore's equity market.
Since inception, the fund has tracked Singapore's evolution as one of Asia's leading financial, logistics, and commercial centers, reflecting the continued development of its economy and capital markets.
In recent years, the expansion of the financial sector, stronger regional trade, ongoing digitalization, and continued infrastructure investment have remained important drivers of the companies represented in the ETF's portfolio.
Additional Information
iShares MSCI Singapore ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $1.02 billion.
Over the past 12 months, iShares MSCI Singapore ETF recorded a return of 26.29%, with its price trading between $26.47 and $32.39 during the same period.
The ETF is traded under the ticker EWS.