iShares OMX Stockholm Capped

ETF description

The iShares OMX Stockholm Capped ETF provides investors with targeted exposure to large and mid‑cap companies listed on the Stockholm Stock Exchange, while applying a capping methodology to manage concentration risk. By tracking the OMX Stockholm 30 Cap index, this ETF offers a comprehensive representation of the Swedish equity market, focusing on companies that are key players in the Swedish economy.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The OMX Stockholm Capped index provides targeted exposure to the largest and most actively traded companies on the Nasdaq Stockholm exchange, ensuring a diversified and balanced representation of the Swedish equity market. By incorporating a capping methodology, the index mitigates concentration risk and offers investors a comprehensive tool for benchmarking and risk management in their Swedish equity investments. It is an essential instrument for those seeking to gain exposure to Sweden’s leading companies while maintaining diversification and balance in their investment portfolios.