The iShares MSCI Israel Capped Investable Market Index Fund(EIS Quote) gives investors exposure to the highest concentration of engineers in the world and more scientists per capita than any other developed country.
Israel "is similar to a western democracy," said Jamia Jasper, portfolio manager of the American Israeli Shared Values Fund. "It has one of the most highly educated workforces in the world."
EIS is dominated by health care, materials, financials and information technology. It has $205 million in assets spread across 70 equity holdings with a broad range of market capitalizations including TEVA Pharmaceuticals(TEVA Quote), Check Point Software Technologies(CHKP Quote), Elbit Systems(ESLT Quote) and Partner Communications(PTNR Quote). ...
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