BlackRock expands iShares Core for buy-and-hold investors
BlackRock has expanded its iShares Core line-up with 10 equity and fixed income US iShares, designed to help long-term investors keep more of what they earn.
BlackRock launched the iShares Core in October 2012 as a branded suite of exchange-traded funds (ETFs).
The iShares Core was designed to appeal to investors looking for a simple, low cost way to invest long-term in broad exposures in equities and bonds
The iShares Core MSCI Emerging Markets fund (IEMG) is one of the largest and most popular emerging market ETFs in the world with nearly USD4.6 billion in assets.
Earlier this year BlackRock launched iShares Core lines in its Canadian and European businesses.
BlackRock is now expanding the US iShares Core to include iShares Core Select – the next level of building blocks with additional options for long-term investors. The new funds provide a simplified approach with broad, diversified exposures to:
• US growth, value, and dividend equities
• European and Pacific equities using all-cap MSCI IMI benchmarks, from the leading global equities index provider
• Three US bond sectors, and a more diversified bond market exposure
Patrick Dunne, head of global markets & investments for iShares, says: “Investors seek value for money in long-term investments especially in core broad market exposures. That’s where we are aiming to accelerate iShares growth by expanding the iShares Core.
“We are now taking buy-and-hold investing up a level with greater choice and flexibility. Look for growth or value, seek to bump up your income stream, invest in Europe or Asia, or buy a bond sector – and do it easily and cost-effectively.”
The ten funds include four new funds and six existing funds that have been re-priced and, in some cases, renamed. The ten additions are:
iShares Core US Growth ETF(IUSG, formerly IWZ)
iShares Core US Value ETF (IUSV, formerly IWW)
iShares Core Dividend Growth ETF (DGRO)
iShares Core High Dividend ETF (HDV)
iShares Core MSCI Europe ETF (IEUR)
iShares Core MSCI Pacific ETF (IPAC)
US fixed income
iShares Core Total USD Bond Market ETF (IUSB)
iShares Core US Credit Bond ETF (CRED, formerly CFT)
iShares Core US Treasury Bond ETF (GOVT)
iShares Core GNMA Bond ETF (GNMA)
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