BlackRock launches ESG emerging market debt ETF

OCF of 0.45%

BlackRock has expanded its ETF range with the launch of an ESG emerging market debt product.

The iShares J.P. Morgan ESG $ EM Bond UCITS ETF is listed on the London Stock Exchange with an ongoing charges figure (OCF) of 0.45%. The ETF provides exposure to 305 securities across emerging markets, with 13.3% in A-rated bonds, 44.4% in BBB, 21.5% in BB and 19.8% in B. The countries with the most exposure are Mexico with a 6% weighting, Hungary with 5.1% and Indonesia with 4.4%. Each country is capped at 10%. The ETF tracks the J.P. Morgan ESG EMBI Global Diversified index, which rebalances monthly. The index invests only in sovereign or quasi sovereign assets, which are 100...