We have qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. IShares MSCI International Momentum Factor ETF effectively harnesses stocks trending in a positive direction. But its relatively select portfolio allows stock-specific risks to influence its performance in unpredictable ways. The following text is from July 24, 2023.
iShares MSCI Intl Momentum Factor ETF IMTM
Morningstar’s Analysis IMTM
Will IMTM outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 26.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
JPY CASH | 16.92 | 386.6 Mil | Cash and Equivalents |
GBP/USD Purchased | 9.34 | 213.3 Mil | Derivative |
JPY/USD Purchased | 8.42 | 192.3 Mil | Derivative |
JPY/USD Purchased | 8.42 | 192.3 Mil | Derivative |
CHF/USD Purchased | 5.82 | 133.0 Mil | Derivative |
AstraZeneca PLC | 4.13 | 94.4 Mil | Healthcare |
Roche Holding AG | 3.48 | 79.6 Mil | Healthcare |
Novo Nordisk AS Class B | 3.24 | 74.0 Mil | Healthcare |
Royal Bank of Canada | 2.89 | 66.0 Mil | Financial Services |
Unilever PLC | 2.75 | 62.9 Mil | Consumer Defensive |
United States