iShares launches Core ETFs for international equity and fixed income exposure
BlackRock’s iShares exchange-traded funds business has launched four new Core funds designed to meet the needs of long-term investors looking for exposure to international equities and US fixed income.
The funds that launched on NYSE Acra are: iShares Core MSCI Total International Stock ETF (IXUS); iShares Core MSCI Emerging Markets ETF (IEMG); iShares Core MSCI EAFE ETF (IEFA); and iShares Core Short-Term US Bond ETF (ISTB).
These new funds will complement the six existing funds in the iShares Core Series. This suite combines competitive pricing with diversified, tax-efficient products. The iShares Core Series is designed to provide broad equity and fixed-income exposure, and allow long-term investors to tailor the mix of funds in their portfolio to match their individual choice.
Patrick Dunne, iShares head of global markets and investments, says: “The iShares Core Series demonstrates our commitment to delivering quality products that help investors navigate today’s volatile markets. These products are designed to meet the needs of long-term investors for cost-effective solutions combined with the liquidity and tax efficiency investors expect from iShares.
“All three iShares Core international equity ETFs track segments of the flagship MSCI ACWI Investable Market Index (IMI), providing investors access to some of the broadest exposure available in the global equity universe today. The iShares Core Short-Term US Bond ETF tracks the Barclays US 1-5 Year Government/Credit Bond Index, to further meet the needs of investors using ETFs for targeted fixed income exposure.”
- Special Reports
- How to set up a hedge fund