iShares J.P. Morgan USD Emerging Markets Corporate Bond UCITS ETF USD (Acc)

The iShares J.P. Morgan USD Emerging Markets Corporate Bond UCITS ETF USD (Acc) is an exchange-traded fund that provides investors with access to a broad portfolio of US dollar-denominated corporate bonds issued by companies located in emerging market countries. The fund is designed to track the performance of the JP Morgan CEMBI Broad Diversified Core index, offering diversified exposure across a range of sectors such as financials, energy, industrials, and consumer companies in regions including Latin America, emerging Europe, Asia, and the Middle East. With an accumulating structure, any income generated is reinvested rather than paid out as distributions. The ETF follows a physical replication strategy, directly holding the underlying bonds. It manages currency risk via exposure to USD-denominated bonds, reducing direct emerging market currency volatility for investors. The fund's total expense ratio is 0.50% per annum, reflecting its cost-efficient approach to gaining access to emerging market corporate debt. Its role in the financial market is to facilitate portfolio diversification and provide access to credit risk premiums associated with corporate issuers in emerging economies, distinct from sovereign debt instruments.