Top 3 Markets:

1. Brazil: 58%
2. Mexico: 25%
3. Chile: 10%

Sector Distribution:

• Financial Services: 30%
• Commodities: 25%
• Consumer Goods: 20%
• Energy: 15%
• Telecommunications: 10%

The iShares MSCI EM Latin America UCITS ETF mainly invests in companies from emerging markets in Latin America. Brazil has the largest market share, reflecting the country's size and economic importance in the region. Mexico and Chile follow suit, as they are also significant economies with stable growth prospects.

The sector distribution shows a strong focus on financial services and commodities, which is typical for the region, as these sectors have traditionally been strong drivers of the Latin American economy.

iShares II Public Limited Company is not a manufacturing company, but a financial services company that offers Exchange Traded Funds (ETFs).

iShares ETFs, including the iShares MSCI EM Latin America UCITS ETF (LSE:DLTM), are financial products traded on stock exchanges that track the performance of a specific index. They do not "produce" physical products, but provide investors with the opportunity to invest in a diversified basket of securities representing the underlying index.

Therefore, the question of production locations is not applicable in this context.

Current Status: No specific growth strategies available for 2026

Since iShares II Public Limited Company - iShares MSCI EM Latin America UCITS ETF is an exchange-traded fund (ETF), it does not pursue its own growth strategy like a traditional company. Instead, the ETF aims to replicate the performance of the MSCI EM Latin America Index.

The fund invests in a diversified selection of stocks from emerging markets in Latin America to provide investors with access to this specific market segment. The ETF's strategy is to minimize risk through passive management and diversification while benefiting from growth opportunities in these markets.

For future growth, the ETF could benefit from positive economic developments in Latin America, rising commodity prices, and a stable political situation in the invested countries. Investors should keep an eye on macroeconomic trends and political developments in the region as these can significantly influence the ETF's performance.

Commodities/Materials: Diversified (focus on metals and agricultural products) Main importing countries: Brazil, Mexico, Chile, Peru

The iShares MSCI EM Latin America UCITS ETF invests in companies from emerging markets in Latin America that are heavily involved in the commodities and materials sectors. The region is known for exporting metals such as copper, iron ore, and silver, as well as agricultural products like soybeans and coffee.

Brazil and Mexico are leading producers of iron ore and oil, while Chile is one of the largest copper producers globally. Peru is also a significant producer of copper and silver. These countries are key players in commodity production and export, which impacts the composition and performance of the ETF.

Competitive Advantage: Moderate to high (estimated 2026)

The iShares MSCI EM Latin America UCITS ETF, managed by iShares, one of the leading providers of Exchange Traded Funds (ETFs), benefits from several competitive advantages.

Firstly, the ETF offers broad diversification across various Latin American markets, reducing risk for investors and making it attractive. This diversification is a significant advantage compared to individual investments in specific Latin American stocks.

Secondly, iShares, as part of BlackRock, the world's largest asset manager, has access to extensive resources and strong brand recognition. This enhances investor confidence and facilitates capital raising.

Thirdly, investors benefit from the cost efficiency and liquidity that ETFs offer compared to traditional investment funds. This is a crucial factor for many institutional and private investors.

Overall, the competitive advantage of the iShares MSCI EM Latin America UCITS ETF can be considered moderate to high due to its diversification, strong brand support, and cost efficiency.

Institutional Investor Share: Estimated around 70% (2026)

Insider Buys/Sells: No significant insider transactions known (2026)

The iShares MSCI EM Latin America UCITS ETF is an exchange-traded fund focusing on emerging markets in Latin America. ETFs like this are typically heavily held by institutional investors as they provide an efficient way to invest in specific markets with diversification. The estimated 70% share of institutional investors is typical for such funds.

Insider transactions are less relevant for ETFs as they are not operational companies. Therefore, there are no significant insider buys or sells to report.

Market share of iShares MSCI EM Latin America UCITS ETF: Estimated 12% (2026)

Top competitors and their market shares:

1. Vanguard FTSE Emerging Markets ETF: 18%
2. SPDR S&P Emerging Latin America ETF: 15%
3. Schwab Emerging Markets Equity ETF: 14%
4. iShares Core MSCI Emerging Markets ETF: 13%
5. iShares MSCI EM Latin America UCITS ETF: 12%
6. Invesco Emerging Markets Sovereign Debt ETF: 10%
7. Fidelity Emerging Markets Index Fund: 9%
8. Franklin FTSE Latin America ETF: 6%
9. Xtrackers MSCI Emerging Markets UCITS ETF: 3%
10. Lyxor MSCI Emerging Markets UCITS ETF: 2%

Moat Analysis:

The iShares MSCI EM Latin America UCITS ETF holds a solid market share of approximately 12%, making it a significant player in the Latin America ETF space. The ETF benefits from the strong brand and wide distribution network of iShares, which can be considered a certain moat.

However, compared to its competitors, especially the Vanguard FTSE Emerging Markets ETF and the SPDR S&P Emerging Latin America ETF, the moat is less pronounced. These competitors have larger market shares and benefit from broader diversification and lower cost structures, making them attractive to investors.

Overall, the iShares MSCI EM Latin America UCITS ETF has a moderate moat, primarily supported by the brand and distribution network. Nevertheless, the competition offers similar products with potentially better terms, intensifying the competition and relativizing the moat.

Fund Size: $1.2 billion USD (2026) Annual Return: 8.5% (average of the last 3 years) Management Fee: 0.5% p.a.

The iShares MSCI EM Latin America UCITS ETF provides investors with access to a diversified portfolio of companies in emerging markets in Latin America. The region has benefited from positive economic development in recent years, particularly due to the rise in commodity prices and increasing political stability in some countries.

The average annual return of 8.5% over the last three years indicates that the ETF has shown solid performance. The management fee of 0.5% is relatively low compared to other actively managed funds, minimizing costs for investors.

Investors who wish to participate in the economic development of Latin America and are willing to bear the associated risks of emerging markets may consider this ETF as an attractive investment opportunity. However, it is important to consider the specific risks of the region, such as political uncertainties and currency fluctuations.

Dividend Yield: 2.5% (estimated for 2026)

The iShares MSCI EM Latin America UCITS ETF (LSE:DLTM) typically pays a dividend that is generated from the earnings of the Latin American companies included in the ETF. The dividend yield is estimated to be 2.5% for the year 2026, based on historical payouts and current market developments.

The reliability of the payout is heavily dependent on the economic situation in the Latin American markets, which can be influenced by political and economic fluctuations. In recent years, however, the ETF has followed a relatively consistent dividend policy, indicating a certain level of stability. Analysts recommend keeping an eye on the macroeconomic conditions in the region to better assess the future dividend capability.