iShares IKO ETF (ASX:IKO)

The iShares IKO ETF provides investors with exposure to the performance of the large and mid-cap segments of the Korean stock market.

IKO share price & data

Ticker code: IKO
Yearly fee (MER): 0.59%
FUM: $77.68 million
Monthly spread: 0.63%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the IKO invest in?

IKO invests in more than 100 large and mid-cap shares on the Korean stock market. This includes leading names like Samsung, Hyundai, LG and Kia. You could buy all of these companies yourself using a share brokerage account but that would be a very expensive and time-consuming process. So the IKO ETF provides investors with access to the Korean stock market in a single trade, all from the comfort of the ASX.

What do investors use IKO for?

Investors could use IKO to get exposure to a basket of just over 100 Korean companies which covers approximately 85% of the free float-adjusted market capitalisation in Korea. So, IKO could be used to diversify an ASX-focused portfolio internationally and take a tactical position in the Korean stock market.

IKO dividend information

Fund Issuer

BlackRock is the company responsible for the huge issuer of ETFs called iShares. It is one of Australia’s and the world’s largest ETF issuers, both in terms of the number of ETFs issued and the money invested, known as Funds Under Management or FUM.

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

We place a ‘high risk’ warning on any ETF/fund that we consider to be, as it says, higher risk. This is a label only, it is not a prediction by us about the expected performance of the ETF/fund.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Computershare is not only the largest share registry in Australia but also the world. The company was founded in 1978 as one of Melbourne’s first start-up technology companies, initially providing computer services to businesses.

Sector Information

The Best ETFs global or international shares sector includes ETFs, managed funds and index funds which cover international equities/share markets.

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Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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