iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Acc)
ETF
ISIN IE00BFM6TD65 / Valor 41534102
NAV (2024-12-31)
USD 6.15-0.01%
iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (Acc)
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General Objective
The fund seeks to track the performance of an index composed of US Dollar denominated corporate bonds from Emerging Market countries. It provides diversified exposure to bonds issued by emerging markets companies and companies owned by emerging market governments, which are issued in USD.
Fund Exposure
The fund is characterized by its exposure to corporate bonds across sectors such as industrials, utilities, and financial companies, as well as quasi-government bonds. It offers emerging markets exposure through investment grade and high yield corporate bonds.
Risks
Key risks associated with this fund include credit risk, changes to interest rates, and issuer defaults, which can significantly impact the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other risks include liquidity risk, counterparty risk, and restrictions on investment or transfer of assets.