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iShares J.P. Morgan USD EM Bond UCITS ETF
(Cboe: EMBMXx)
The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the J.P. Morgan EMBI Global Core Index, the Fund's benchmark index.
The J.P.Morgan EMBI Global Core Index measures the performance of US dollar denominated fixed and / or floating rate emerging market bonds issued by sovereign and quasi-sovereign entities. Quasi-sovereign entities are entities whose securities are either 100% owned by their respective governments or subject to a 100% guarantee that does not rise to the level of constituting the full faith and credit by such governments. The Benchmark Index may consist of both investment grade and non-investment grade bonds, including bonds that are in default. The Benchmark Index includes bonds that: (i) are denominated in US Dollar; (ii) have a current face amount outstanding of US$1 billion or more; (iii) have at least two years until maturity; (iv) are able to settle internationally through Euroclear or another institution domiciled outside the issuing country; and (v) have bid and offer prices that are available on a daily and timely basis-either from an inter-dealer broker or J.P.Morgan are considered for inclusion into the Underlying Index.
About iShares
iShares is the global product leader in exchange traded funds with over 700 funds globally across equities, fixed income and commodities, which trade on 20 exchanges worldwide. The iShares Funds are bought and sold like common stocks on securities exchanges. The iShares Funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost and trading flexibility. iShares ETFs can be bought and sold through a variety of different execution channels. The iShares customer base consists of the institutional segment of pension plans and fund managers, as well as the retail segment of financial advisors and high net worth individuals.
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