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Products February 24, 2012
Emerging Market and Asia/Pacific iShares ETFs Launched
BlackRock Inc.’s iShares Exchange Traded Funds (ETFs) business launched two dividend-focused equity funds designed to access the emerging markets and Asia/Pacific developed markets.
Reported by Rebecca Moore
Listed on the NYSE Arca, the funds are the iShares Emerging Markets Dividend Index Fund (NYSEArca: DVYE) and the iShares Asia/Pacific Dividend 30 Index Fund (NYSEArca: DVYA).
The iShares Emerging Market Dividend Index Fund is benchmarked to the Dow Jones Emerging Market Select Dividend Index. The index offers exposure to 100 dividend-paying emerging market companies, weighted by indicated annual yield. The top sector holdings are Telecomm, Industrials and Basic Materials.
The iShares Asia/Pacific Dividend 30 Index Fund is benchmarked to the Dow Jones Asia/Pacific Select Dividend 30 Index. The index offers exposure to 30 dividend-paying companies in Australia, Hong Kong, Japan, New Zealand and Singapore, weighted by indicated annual yield. The top sector holdings are Financials, Consumer Services and Telecomm.
More information is available at http://www.iShares.com.