iShares Emerging Markets Infrastructure ETF (EMIFCL)

Overview

The company operates within the financial sector, focusing on investment services that mimic the performance of specified indices. By allocating a substantial portion of assets towards securities that form the basis of its underlying index, the fund’s primary objective is to mirror the index's performance as closely as possible. To achieve this, it commits at least 80% of its assets to the securities of its underlying index or other investments that share similar economic characteristics. This strategic allocation allows the fund to offer an investment product that closely follows the returns and risks of the target index. Additionally, the fund maintains the flexibility to invest up to 20% of its assets in derivatives such as futures, options, and swap contracts, alongside maintaining holdings in cash and cash equivalents. This approach aims to enhance the fund's ability to manage risk and liquidity. Despite its focus on index replication, the fund is classified as non-diversified, indicating that it may concentrate its investments more significantly in a smaller number of issuers or sectors compared to diversified funds.

Products and Services

• Index Replication Services

  The primary service offered involves replicating the performance of specific indices. This is accomplished by investing at least 80% of the fund's assets in securities that comprise the underlying index or in other investments that bear substantial economic similarities to these securities. This product is designed for investors who wish to gain exposure to the performance of a particular index.

• Derivatives Investment Options

  Aside from direct investments in index securities, the fund provides options for investing up to 20% of its assets in derivatives such as futures, options, and swaps. These financial instruments can be used to hedge against risk, speculate on future price movements, or gain exposure to a variety of assets without directly owning them. This offers investors an added layer of flexibility and risk management in their investment strategy.

• Cash and Cash Equivalents Holdings

  To maintain liquidity and manage risk, the fund allocates part of its portfolio to cash and cash equivalents. These holdings may include short-term, highly liquid investments that are readily convertible to cash with minimal impact on value. This allows the fund to respond effectively to market changes or redemption requests from investors.