5 Asian ETFs to Buy in 2022

4. iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ)

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) seeks to track the investment results of MSCI AC Asia ex Japan Index, a benchmark comprising Asian securities, excluding Japan. The total net assets of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) are valued at $3.5 billion, with an expense ratio of 0.69%. The fund has 1,046 stocks in its portfolio and a distribution yield is 1.33%, with a semi-annual distribution frequency. 

One of the top holdings of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) is Infosys Limited (NYSE:INFY), an Indian multinational company that offers consulting, technology, outsourcing, and digital services in North America, Europe, India, and internationally. On May 31, HSBC analyst Yogesh Aggarwal upgraded Infosys Limited (NYSE:INFY) to Buy from Hold with a INR 1,940 price target. 

According to Insider Monkey’s Q1 data, 25 hedge funds were bullish on Infosys Limited (NYSE:INFY), compared to 27 funds in the prior quarter. Rajiv Jain’s GQG Partners is the biggest position holder in the company, with 45 million shares worth over $1 billion.