iShares MSCI Frontier 100 Price, Forecast, Insider, Ratings, Fundamentals & Signals

Washington--(business wire)--f/m investments llc (“f/m”), a wholly owned subsidiary of diffractive managers group, llc, today announced it filed a novel exemptive application with the u.s. securities exchange commission (the “sec”), seeking an order that would permit each of the etfs in the us benchmark series – a suite of 10 etfs designed to simplify access to the us treasury market – to offer a mutual fund share class. the exemptive relief requested by the application is the first of its kind.

The iShares Frontier and Select EM ETF offers exposure to frontier markets, providing a unique layer of global diversification. The ETF's holdings are diversified across various frontier and emerging markets, including Vietnam, Kazakhstan, Egypt, and more. Investing in frontier markets comes with the potential for high returns but also high risks, such as political instability and limited regulatory oversight.

The iShares Frontier and Select EM ETF offers coverage to frontier market stocks and some exposure to emerging markets. FM has outperformed the popular iShares Core MSCI Emerging Markets ETF since its debut in 2012 but there are question marks over its ability to adequately juggle risk. There are promising signs in some of FM's top regional exposures such as Vietnam and Romania whilst the ETF's overall valuations are dirt cheap.

iShares Frontier and Select EM ETF is an actively managed ETF that provides exposure to frontier and select emerging market equities. FM has a high management fee of 0.80% and is highly concentrated in terms of geographic exposure with over 30% of assets invested in Vietnam. FM appears cheap when considering the trailing PE ratio of 9.1x but that does not tell the full story as FM is mostly invested in low valuation sectors.

Frontier Markets declined by 26%, underperforming the MSCI AWI by over 10 percentage points, but the 2023 share price is seen as a solid entry point. The iShares MSCI Frontier Markets ETF offers broad exposure to frontier markets and smaller emerging markets like Egypt, with a slight discount to the MSCI Frontier Markets index. Despite concerns over recent sovereign debt defaults, the ETF is seen as attractive due to its diversified portfolio, acceptable management fee, and exposure to undervalued markets like Romania and Colombia.

Prior to March 2021, iShares MSCI Frontier and Select EM ETF (NYSEARCA:FM) was called iShares MSCI Frontier 100 ETF, and it simply tracked an index of the top 100 Frontier stocks, or stock collectives. Since that time, the FM fund has repositioned itself to be a more diverse exchange-traded fund ("ETF"). Now FM has broadened its exposure to stocks in frontier and emerging markets.

FM invests in frontier and emerging markets equities. The fund is likely undervalued based on forward earnings power, after having fallen by significantly more than the S&P 500 over the past year or so.

First Quantum Minerals Ltd (OTCPK:FQVLF) Q3 2022 Earnings Conference Call October 26, 2022 9:00 AM ET Company Participants Bonita To - Director, IR Anthony Pascall - CEO & Director Rudi Badenhorst - COO Ryan MacWilliam - CFO John Gregory - Group Consultant, Mining Conference Call Participants Orest Wowkodaw - Scotiabank Emily Chieng - Goldman Sachs Group Greg Barnes - TD Securities Bryce Adams - CIBC Capital Markets Lawson Winder - Bank of America Merrill Lynch Gordon Lawson - Paradigm Capital Dalton Baretto - Canaccord Genuity Sandeep Peety - Morgan Stanley Edward Brucker - Barclays Bank Ralph Profiti - Eight Capital Operator Thank you for standing by. This is the conference operator.

The iShares MSCI Frontier and Select EM ETF is one vehicle to consider if you prefer an ETF that invests directly in listed equities in smaller markets. I am waiting for lower levels before initiating positions in frontier markets.

First Quantum Minerals Ltd. (OTCPK:FQVLF) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Bonita To - Director, Investor Relations Tristan Pascall - Chief Executive Officer Hannes Meyer - Chief Financial Officer John Gregory - Group Consultant of Mining Conference Call Participants Greg Barnes - TD Securities Emily Chieng - Goldman Sachs Orest Wowkodaw - Scotiabank Jackie Przybylowski - BMO Capital Markets Abhi Agarwal - Deutsche Bank Ioannis Masvoulas - Morgan Stanley Karl Blunden - Goldman Sachs Ed Brucker - Barclays Jatinder Goel - Exane BNP Paribas Dalton Baretto - Canaccord Operator Thank you for standing by.

FM is a passively managed investment vehicle offering exposure to a vast equity basket of a few EM and frontier markets, with Vietnam, Nigeria, and Romania in the top three. Last year, FM underwent a thorough strategy overhaul, with the underlying index replaced with the MSCI Frontier and Emerging Markets Select Index on March 1.