- CEO
- Lee Yuan Siong
- Full Time Employees
- 21,200
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Nov 20, 2007
- Business
- iShares Asia 50 ETF (AIA) is an exchange-traded fund that seeks to track the investment results of the S&P Asia 50 Index, composed of 50 of the largest companies domiciled in developed Asian markets including Hong Kong, South Korea, Singapore, and Taiwan. The ETF provides investors with exposure to large-cap Asian equities across diverse sectors such as financials, technology, and consumer goods; it employs a passive management strategy involving full replication of the index through direct holdings in constituent stocks listed primarily on exchanges in Hong Kong, South Korea, Singapore, and Taiwan. Launched in 2006 and managed by BlackRock Fund Advisors, Inc., a subsidiary of BlackRock, Inc., with headquarters in San Francisco, California, the fund trades on the NASDAQ under the ticker AIA and targets institutional and retail investors seeking concentrated Asian market exposure excluding Japan.
The fund's portfolio characteristics include a weighted average market capitalization exceeding $100 billion, top holdings typically featuring leading firms like Taiwan Semiconductor Manufacturing Company, Samsung Electronics, and AIA Group; it maintains a 0.50% expense ratio with semi-annual distributions, as evidenced by the recent declaration of a $1.6250 per share distribution payable in December 2025. Geographically, AIA focuses operations on Asia-Pacific developed markets while being accessible to U.S. and global investors through major exchanges.
In recent developments, BlackRock, Inc. executed a strategic reduction in its holdings of AIA shares by 96,788 units in August 2024 at $67.40 per share, adjusting its stake to approximately 38.60% of the ETF's outstanding shares amid portfolio rebalancing efforts. The fund has continued to deliver strong performance, with year-to-date total returns exceeding 39% as of late 2025 and one-year returns around 33.69%, outperforming broader emerging market benchmarks amid robust Asian equity rallies. No major acquisitions, partnerships, or structural changes have been reported for the ETF in the last 1-2 years, maintaining its core index-tracking mandate without shifts to ESG or active strategies.