Core Viewpoint - The iShares MSCI ACWI ex U.S. ETF provides a cost-effective way for investors to gain exposure to a diverse range of international equities, excluding the U.S., and is well-positioned to capture growth opportunities in both developed and emerging markets [1][2]. Group 1: Fund Structure and Strategy - The fund is structured as an ETF with a competitive expense ratio, making it suitable for both institutional and individual investors seeking international diversification [2]. - The investment strategy aims to track the performance of the MSCI ACWI ex U.S. Index, offering exposure to developed and emerging markets outside the U.S. [3]. Group 2: Performance Metrics - As of January 21, 2026, shares were priced at $69.74, reflecting a 30.1% increase over the past year, with a one-year alpha of 15.0 percentage points compared to the S&P 500 [3]. - Premier Path Wealth Partners, LLC increased its holding in the ETF to $18.16 million, marking a $4.74 million increase from the previous period [4]. Group 3: Holdings and Sector Allocation - The fund's top holdings include significant non-U.S. stocks such as Taiwan Semiconductor (TSMC), Tencent Holdings, and ASML, which are crucial for the global economy [6]. - Despite a notable presence in technology, the fund has a heavier investment in the financial and industrial sectors, contributing to its diversification and potential returns [7].