Why Emerging Market Debt (EMD)?

Emerging market debt currently provides some of the highest yields in the fixed income universe: higher than similarly-rated corporate debt in developed economies. U.S. dollar-denominated EMD, for example, yields well above 6 % despite being around two-thirds investment grade-rated.1


Credit quality has improved over the last decade and is converging with that in developed economies. In June 2005, 40% of EMD was rated investment grade, whereas 60% was rated high yield. A decade on in June 2015, nearly two-thirds of EMD is now classified as investment grade, with only one third rated as high yield.1


Reasons to consider Emerging Market Debt


1BlackRock 26/05/16: As measured by the J.P. Morgan EMBI Global Core Index.
2Thomson Reuters Datastream, International Monetary Fund and BlackRock Investment Institute data 26/05/16.

Fund Name

iShares J.P. Morgan USD Emerging Markets Bond ETF (AUD Hedged)

Index Name: J.P. Morgan EMBI Global Core (AUD Hedged)

Management Fee




What: The Fund aims to provide investors with the performance of the Index, which seeks to provide Australian dollar hedged exposure to U.S. dollar denominated emerging market bonds.

How: The Index measures the Australian dollar hedged performance of U.S. dollar denominated fixed and floating rate emerging market bonds issued by sovereign and quasi-sovereign entities.

Why: In anticipation of capital appreciation and the potential of a regular income.

Why iShares

Why iShares?

  • Trusted ETF Leader

  • Sustained record of performance

  • Powered by BlackRock


iShares Product List

iShares Product List



Watch: Investing for Income with iShares ETFs

Building Better Portfolios with iShares ETFs

Learn about ETFs

This website has been developed by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL).


This website provides general information only and has not been prepared having regard to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. Any potential investor should consider the latest disclosure document or PDS in deciding whether to acquire, or to continue to hold, an investment in any BlackRock fund. This website is not a securities recommendation nor is it an offer or solicitation with respect to the purchase or sale of any securities in any jurisdiction.

BIMAL is the Responsible Entity and issuer of the Australian domiciled managed investment scheme iShares funds quoted on ASX.

BIMAL is the local agent and intermediary for iShares funds issued by iShares, Inc. ARBN 125632 279 formed in Maryland, USA; iShares Trust ARBN 125 632 411 organised in Delaware, USA. The liability of shareholders is limited). BlackRock Fund Advisors (“BFA”) serves as an advisor to the iShares funds that are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940. BFA is a subsidiary of BlackRock Institutional Trust Company, N.A (“BTC”). BTC is a wholly-owned subsidiary of BlackRock, Trades on ASX in the shares of an international iShares fund are settled using CHESS Depositary Interests (or “CDIs").


An iShares fund is not sponsored, endorsed, issued, sold or promoted by the provider of the index which a particular iShares fund seeks to track. No index provider makes any representation regarding the advisability of investing in the iShares funds.  Further information on the index providers can be found here.


BIMAL, its officers, employees and agents believe that the information in this website and the sources on which the information is based (which may be sourced from third parties) are correct as at the date of publication. While every care has been taken in the preparation of this website, no warranty of accuracy or reliability is given and no responsibility for this information is accepted by BIMAL, its officers, employees or agents. Except where contrary to law, BIMAL excludes all liability for this information.


Any investment is subject to investment risk, including delays on the payment of withdrawal proceeds and the loss of income or the principal invested. While any forecasts, estimates and opinions on this website are made on a reasonable basis, actual future results and operations may differ materially from the forecasts, estimates and opinions set out on this website. BIMAL does not guarantee the repayment of capital or the performance of any product or rate of return referred to in this website. Past performance is not a reliable indicator of future performance.


No part of this website may be reproduced or distributed in any manner without the prior written permission of BIMAL.


© 2015 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, iSHARES, BUILD ON BLACKROCK, SO WHAT DO I DO WITH MY MONEY and the stylised i logo are registered and unregistered trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.