| CBOE Exchange | Netherlands Country |
iShares III Public Limited Company - iShares Emerging Markets Local Government Bond UCITS ETF is a distinctively structured exchange-traded fund (ETF) orchestrated under the guidance of BlackRock Asset Management Ireland Limited. Its operational strategy is elevated through a collaborative management approach, involving BlackRock Advisors (UK) Limited, BlackRock Financial Management Inc., and BlackRock (Singapore) Limited. The primary geographical focus of the fund encompasses the burgeoning fixed income territories of emerging markets worldwide. Launched on June 17, 2011, and based in Ireland, the fund has transitioned its branding from its previous identification as iShares III Public Limited Company - iShares Barclays Emerging Market Local Govt Bond. This transformation reflects its evolving strategy and alignment with market dynamics.
This flagship product embodies the fund's acute investment focus on the fixed income sector of emerging countries. Predominantly, the fund directs its investment towards fixed-rate, local currency denominated government debt instruments. These instruments are chosen based on their encompassment of any credit quality, ensuring a diversified risk profile, and they mandate a minimum maturity period of one year. The objective of replicating the performance of the Barclays Emerging Markets Local Currency Core Government Bond Index is pursued with precision, utilizing a representative sampling methodology. This strategic approach facilitates an optimized alignment with the index's performance, while possibly mitigating the constituent and systemic risks inherent in the emerging markets' local government debt sector.