iShares MSCI Eastern Europe 10/40 is an exchange traded fund (ETF) that aims to track the performance of the MSCI EM Eastern Europe 10/40 Index as closely as possible.
The ETF invests in physical index securities. The MSCI EM Eastern Europe 10/40 Index offers exposure to stocks from emerging Eastern European countries which comply with MSCI's size, liquidity, and free float criteria. The imbedded 10/40 rule refers to UCITS limits and ensures that the weight of a single company is limited to 10% of the index. The sum of all companies with weights between 5% and 10% is limited to 40%. The index is free float market capitalisation weighted. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.