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Forgotten BlackRock ETF Posts Mystery $3.7 Billion Inflow in Day

  • IShares MSCI Kokusai ETF typically averages zero in flows
  • Fund tracks index of global large and mid-caps excluding Japan

A lifeless BlackRock Inc. ETF with barely any day-to-day inflows over the past 15 years just got a $3.7 billion allocation in one go. 

Launched in 2007, the iShares MSCI Kokusai exchange-traded fund (ticker TOK) has until now failed to generate much investor interest in its mission to bid up large and mid-cap companies around the globe excluding Japan.