UPDATE: A year ago, an investment of $10,000 in the iShares Global 100 AUD ETF (ASX: IOO) has skyrocketed to an impressive $12,739.38 as of today. This remarkable growth of 29.45% underscores the ETF’s strong performance amidst a booming market for global equities.
As of Tuesday, IOO closed at $190.14, reflecting a slight decline of 0.25% for the day but showing a robust increase over the past year. The ETF provides exposure to the largest companies worldwide, predominantly from the United States, which constitutes a staggering 80% of its holdings.
The investment landscape has shifted dramatically in the last year, with IOO benefitting from the phenomenal returns of US shares. The ETF tracks the S&P Global 100 Index and has delivered an annual average return of 7.17% since its inception in December 2000, while its three-year average annual return stands at an impressive 28%.
For those who invested $10,000 on November 4, 2024, the investment would have purchased 67 units at a price of $147.77 each. Since then, the value per unit has appreciated by $42.37, resulting in a capital gain of $2,838.79. Additionally, investors have received $77.05 in dividends over the past twelve months, bringing the total return to $2,915.84.
The top performers within the ETF include tech giants such as Nvidia (13.5%), Apple (11%), and Microsoft (10.5%), highlighting the ETF’s substantial exposure to the technology sector, which accounts for 45% of the total holdings.
Investors are now eager to understand the future trajectory of IOO. As the global economy evolves, the management expense ratio (MER) for IOO remains competitive at 0.4%. Experts suggest that while the ETF has performed exceptionally well, investors should remain cautious and consider various factors before making new investments.
With the ongoing volatility in international markets, this significant return on investment could serve as a compelling case for those considering entry into the equity market. Stay tuned for further updates as the financial landscape continues to evolve.
For more insights and investment opportunities, consider what industry experts are recommending now. As the market fluctuates, understanding where to allocate resources can be crucial for achieving financial goals.
Invest wisely and keep an eye on the developments surrounding the iShares Global 100 AUD ETF and other investment vehicles.
