Sector Distribution:

• Government Bonds: approx. 70%
• Corporate Bonds: approx. 30%

TOP 3 Markets:

1. China: approx. 25%
2. Brazil: approx. 20%
3. Mexico: approx. 15%

The iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF mainly invests in bonds from emerging markets. The majority of the portfolio consists of government bonds, which offer a more stable return. China, Brazil, and Mexico are the leading markets as these countries have large and liquid bond markets that are attractive for investments. The percentage shares reflect the relative size and importance of these markets within the ETF.

iShares VI Public Limited Company - iShares J. P. Morgan $ EM Bond EUR Hedged UCITS ETF is an exchange-traded fund (ETF) and not a company that produces physical products.

ETFs are financial products that replicate a portfolio of securities, such as bonds or stocks. In this case, the ETF invests in US dollar-denominated emerging market bonds that are protected by a currency hedge in Euro.

Therefore, there are no production facilities or physical products manufactured by this ETF. The focus is on the management and structuring of financial assets.

Current Strategy: Diversification and Risk Management

Focus on Emerging Market Bonds: iShares VI Public Limited Company, in particular the iShares J. P. Morgan $ EM Bond EUR Hedged UCITS ETF, focuses on acquiring bonds from emerging markets. This strategy aims to benefit from the higher returns often available in these markets compared to developed markets.

Currency Hedging: The ETF follows a currency hedging strategy to minimize the risk of exchange rate fluctuations. This is particularly important for European investors investing in US dollar-denominated bonds, as it reduces volatility and enables more stable returns in euros.

Sustainability and ESG Criteria: In recent years, the focus on sustainable investments has intensified. iShares is increasingly integrating Environmental, Social, and Governance (ESG) criteria into their investment strategies to meet regulatory requirements and address the growing investor demand for sustainable investment opportunities.

These strategies are intended to promote the growth of the ETF by providing attractive returns while managing risk. The focus on emerging markets and hedging against currency risks are key elements to remain stable in a volatile market environment.

Commodities/Materials: Not applicable

Import countries: Not applicable

The iShares J. P. Morgan $ EM Bond EUR Hedged UCITS ETF (LSE:EMBE) is an exchange-traded fund (ETF) focusing on bonds from emerging markets. ETFs like this one invest in financial instruments rather than physical commodities or materials. Therefore, the ETF itself does not import any commodities or materials.

The fund invests in bonds issued by governments or companies in emerging markets. The performance of the ETF depends on the development of these bond markets and not on physical imports.

Fund Size: 1.2 billion EUR (2026, estimated) Expense Ratio: 0.45% (2026, estimated) Return: 4.5% (2025, estimated)

The iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF provides investors with access to a diversified portfolio of emerging market bonds that are hedged against currency fluctuations. This represents a significant competitive advantage as it allows investors to benefit from the higher returns of emerging market bonds without bearing the full currency risk.

Another advantage is the strong brand of iShares, known as one of the largest providers of ETFs worldwide. This instills confidence in investors and facilitates capital raising. The relatively low expense ratio compared to active funds also makes the ETF attractive to cost-conscious investors.

In summary, the competitive advantage of the iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF lies in its specialized investment strategy, the brand strength of iShares, and its competitive costs.

Institutional Investor Share: Estimated at 70-80% (2026)

Insider Purchases/Sales: No relevant insider transactions known (2026)

The iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF is an exchange-traded fund focusing on emerging market bonds. ETFs like this are often held by institutional investors as they provide a cost-effective way to invest in diversified bond portfolios. The institutional investor share typically ranges from 70-80%.

Insider purchases or sales are less relevant for ETFs as they do not represent individual companies but rather a basket of securities. Therefore, there are usually no insider transactions that would need to be reported for an ETF.

Market share of iShares J. P. Morgan $ EM Bond EUR Hedged UCITS ETF: Estimate 5-7% (2026)

Top competitors and their market shares:

1. Vanguard Emerging Markets Bond ETF: Estimate 8-10%
2. SPDR Bloomberg Barclays Emerging Markets Local Bond ETF: Estimate 7-9%
3. Invesco Emerging Markets Sovereign Debt ETF: Estimate 6-8%
4. Xtrackers II Global Emerging Markets Bond ETF: Estimate 5-7%
5. Lyxor Emerging Markets Sovereign Bond ETF: Estimate 4-6%

The market for Emerging Markets Bond ETFs is highly fragmented, with no single provider holding a dominant market share. iShares, as part of BlackRock, benefits from strong brand recognition and a broad distribution network, which can be seen as a certain moat.

However, the differences between providers are often small, as they use similar investment strategies and underlying indices. The moat of iShares could be strengthened by the efficiency and scalability of their fund management, as well as by their innovative product design.

Compared to competitors, iShares may offer an advantage in terms of cost structure and the liquidity of their ETFs, which can be attractive to institutional investors. Nevertheless, other providers like Vanguard and SPDR also hold strong market positions and could offer competitive advantages in certain aspects, such as fee structure or performance.

Fund Size: 1.2 billion EUR (2026, estimated)
Total Expense Ratio (TER): 0.50% (2026, estimated)
Average Return of the Last 5 Years: 4.2% p.a. (2026, estimated)

The iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF invests in US dollar-denominated government and corporate bonds from emerging markets, with currency risk hedged against the Euro. This provides European investors with an opportunity to benefit from the higher returns of emerging market bonds without being exposed to currency risk.

In recent years, the ETF has achieved an average return of around 4.2% per year, which is attractive compared to other fixed-income investments. Hedging against currency risks is an advantage for Euro investors, especially during times of currency fluctuations.

The annual Total Expense Ratio of 0.50% is moderate compared to other ETFs, keeping the cost burden for investors within an acceptable range. However, given the current global economic uncertainties and potential volatility in emerging markets, investors should carefully weigh the risks.

Overall, the ETF could be a good investment for investors seeking diversification in emerging market bonds while minimizing currency risk. A careful analysis of current geopolitical and economic developments in emerging markets is essential to make informed investment decisions.

Dividend Yield: Estimate 3-5% (based on historical data up to 2023)

Payout Frequency: Quarterly

The iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF (LSE: EMBE) is known for regularly distributing dividends as it invests in bonds that generate interest payments. Historically, this ETF has achieved a dividend yield in the range of 3-5%, depending on market conditions and the interest rates of the underlying bonds.

The reliability of the payouts depends on the performance of the underlying emerging market bonds. Fluctuations in the bond markets, especially in emerging markets, can affect the amount of dividends. Nevertheless, the ETF has followed a consistent payout policy in the past, making it an attractive option for investors seeking regular income.