iShares Latin America 40 ETF

The iShares Latin America 40 ETF is an exchange-traded fund that seeks to track the performance of the S&P Latin America 40 Index, comprising 40 of the largest and most liquid equities from Latin American markets. Its primary purpose is to provide investors with targeted exposure to the region's leading companies, enabling expression of a regional equity view without the need for individual stock selection. Key features include a low expense ratio of 0.47%, semi-annual distributions, and a portfolio concentrated in about 44 holdings, with significant geographic allocations to Brazil (56%), Mexico (26%), Chile (8%), Peru (5%), and Colombia (2%). The fund emphasizes sectors like financial services, basic materials, and energy, featuring top holdings such as Nu Holdings, Vale SA, and Itau Unibanco. Non-diversified by design, it plays a vital role in the financial markets by offering a benchmark-tracking vehicle for Latin American large-cap equities, facilitating portfolio diversification across emerging market dynamics and commodity-driven economies. With net assets around $2.5 billion, it supports access to high-beta opportunities in a volatile region.