I know that it tracks bonds and etc.. and that it can be traded like an regular share, but what is it in relation to the dollar index or the yen. And what is the difference between the Japanese Ishare, and USA Ishare.
2007-02-09 15:30:49 · 2 answers · asked by Anonymous in Social Science ➔ Economics
An iShare is just a mutual fund set up so you can conveniently buy and sell its shares just like a share of stock. They specifically are issued by Barclays Bank, and are an example of a genre called ETFs, exchange traded funds. An advantage is that it lets you be well diversified even as a small investor, and lets you target certain regions or industries or indexes.
The Japan v USA thing, you can find iShares that represent various indexes in the US and in Japan, Asia, etc, to suit your needs.
2007-02-09 16:37:08 · answer #1 · answered by KevinStud99 6 · 0⤊ 0⤋
Ishare is like a mutual fund. Risk diversification is the benefit of mutual fund.
2007-02-12 00:38:59 · answer #2 · answered by sindhukannankattil 2 · 0⤊ 0⤋