EWM, home to $564.71 million in assets under management, holds 47 stocks. The ETF, which has a trailing 12-month dividend yield of 5.17%, allocates almost 37% of its weight to financial services names. The utilities and consumer staples sectors combine for almost 28% of the fund’s weight.
“Other notable PH platform policies include a review of government contingent liabilities and a Royal Commission of Inquiry to investigate recent corruption scandals. Reviewing contingent liabilities could limit the build-up of risks to broader public finances over the long term, though at the expense of creating some headwinds for domestic demand and growth. An inquiry into scandals could improve governance indicators over time, mitigating a key rating constraint for Malaysia,” according to Fitch.
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