The iShares MSCI Italy ETF is managed by BlackRock and was launched in March 1996. This exchange traded fund seeks to track the results of investments made in Italian equities. This fund is non-diversified and will generally invest 80% of assets in the component securities of the underlying index or make those investments in areas that are of identical economic characteristics to the component securities of the underlying index.
The value of this asset depends upon the changes in exchange rates of the EUR, which themselves are changeable due to the political climate, and certain regional economic challenges.
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