iShares MSCI Taiwan UCITS ETF (ITWN.MI) is an exchange-traded fund that seeks to track the performance of the MSCI Taiwan 20/35 Index, comprising large- and mid-cap companies from Taiwan across diversified sectors including technology, financials, and consumer goods; it provides unhedged exposure to Taiwanese equities with semi-annual dividend distributions and a total expense ratio of 0.74%. Launched on October 28, 2005, and domiciled in Ireland, the ETF is managed by BlackRock Advisors (UK) Limited, a subsidiary of BlackRock, Inc., with assets under management exceeding EUR 640 million as of recent data and listings on multiple exchanges including Borsa Italiana (ITWN.MI), London Stock Exchange, Euronext Amsterdam, Deutsche Boerse Xetra, and SIX Swiss Exchange. The fund replicates the index through physical full replication, investing in constituent stocks according to their weightings, and engages in securities lending to enhance returns.
In February 2020, the benchmark transitioned from the MSCI Taiwan Index to the MSCI Taiwan 20/35 Index to comply with UCITS regulations on diversification limits, with the change fully reflected in subsequent performance reporting. No major acquisitions, funding rounds, partnerships, or product launches specific to this ETF have been reported in the last 1-2 years; it continues to operate within BlackRock's iShares platform, recently paying a semi-annual dividend of EUR 1.54 in September 2025. The ETF targets institutional and retail investors seeking Taiwan equity exposure, with geographic availability across Europe including the UK, Germany, Italy, Switzerland, and others.