iShares Asia 50 ETF (ASX:IAA): Asia’s 50 Largest Companies and a Three-Market Core

Sonal Goyal

20 October 2026 05:48 PM AEDT

iShares Asia 50 ETF (ASX:IAA): Asia’s 50 Largest Companies and a Three-Market Core

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Key highlights

ASX:IAA tracks the S&P Asia 50 Net Total Return Index in Australian dollars.
Taiwan (41.31%), South Korea (31.15%) and China (18.80%) make up about 91% of the fund.
Taiwan Semiconductor (28.07%), Samsung Electronics (13.51%) and SK hynix (11.45%) are the largest holdings.

The iShares Asia 50 ETF (ASX:IAA) gives investors exposure to a basket of large companies from across Asia through a single ASX-quoted fund. It aims to track the performance of the S&P Asia 50 Net Total Return Index in Australian dollars.

About the Fund

IAA was admitted to the ASX on 10 September 2008 and is classified in the Equity Asia Pacific without Japan category. The fund is managed by BlackRock’s Australian arm and has about $1.65 billion in assets. The management fee is 0.29%.

Country exposure

The largest country allocation is Taiwan at 41.31%, followed by South Korea at 31.15%. The remaining exposure is spread across China (18.8%), Singapore (4.44%), Hong Kong (3.87%) and the United States (0.42%).

Every holding is a company with a market value above $1 billion, and stocks make up 99.46% of the portfolio.

Portfolio holdings

The portfolio holds 68 companies, with top ten holdings making up 73.02% of the fund. The largest positions are Taiwan Semiconductor Manufacturing Co Ltd (28.07%), Samsung Electronics Co Ltd (13.51%), SK hynix Inc (11.45%), Tencent Holdings Ltd (5.08%) and Alibaba Group Holding Ltd (4.03%).

The top three holdings account for 53.03% of the fund. Other top ten holdings include MediaTek, DBS Group, China Construction Bank, Samsung Electronics preferred shares and Delta Electronics.

Understanding the exposure

The five largest positions add up to 62.14% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 58 holdings share the other 26.98% of the portfolio, an average of about 0.47% each. Exposure is spread across 6 countries or regions, and the three largest allocations (Taiwan, South Korea and China) together account for 91.26% of the portfolio.

Fees, size and distributions

The most recent distribution was a final distribution of $1.959 per unit, with an ex-date of 1 July 2026 and payment on 13 July 2026, and the reported annual yield is 1.60%.

Fund structure and reporting

IAA has an ISIN of AU000000IAA6 and a head office at Level 12, 33 Alfred Street, Sydney. Recent ASX announcements from the fund include monthly applications, redemptions and units-on-issue notices, an updated Product Disclosure Statement on 24 September 2026 and the annual financial report for 30 June 2026.

Equity Asia Pacific without Japan funds invest in companies from the Asia Pacific region excluding Japan. Asia Pacific securities typically account for at least 75% of the portfolio, and the portfolio may include stocks from emerging markets in the region.

Units in IAA are quoted on the ASX and can be bought and sold through a broker during trading hours, in the same way as shares, so the exposure described above is available without buying each holding separately. The fund follows a rules-based index, so its holdings and weightings are set by the index methodology and adjusted when the index is rebalanced.

FAQs

Q: What is the management fee?

A:0.29%.

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