What is HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF (HIEM)?
HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF is an exchange-traded fund that provides exposure to emerging market equities compliant with Islamic investment principles. The fund tracks the MSCI Emerging Markets Islamic Screened Capped Index, which includes companies from emerging economies that meet Shariah law criteria, excluding those involved in prohibited activities such as alcohol, gambling, and interest-based finance. The index also applies sector and issuer caps to manage concentration risk. This ETF offers investors a means to access a diversified portfolio of emerging market stocks while adhering to ethical and religious investment guidelines. It is structured under the UCITS framework, ensuring compliance with European regulatory standards. The fund employs a passive investment approach, replicating the performance of the underlying index by holding constituent securities in proportion to their index weightings.
HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF Stock Price Today: Live Overview
The price today is shaped by current trading levels, as Amundi MSCI India Swap UCITS ETF trades at $21.48. Its price has ranged between $21.05 and $21.62 during the session, with a daily change percentage of +1.0402%.
FAQ: HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF (HIEM)
What is the current price of HIEM stock?
The HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF is currently priced at $21.48.
Does HIEM pay dividends?
This ETF distributes dividends to its shareholders.
Does HIEM have a formal corporate presence or regional headquarters in the UAE?
HSBC has a registered presence in the UAE, including offices in DIFC and Dubai Internet City.
What is HIEM best known for?
It is most famous for offering Shariah-compliant exposure to emerging markets equities via a UCITS ETF.
What assets are typically shown together with HIEM?
Commonly shown alongside HIEM: TrustCo Bank Corp NY, AMP Limited, Nexity
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