iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) (SGEA.L) LSE

65.91

-0.215(-0.33%)

Updated at September 05 05:15PM

Currency In GBP

iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist)

Address

Ireland

Phone

084-535-7700

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

March 02, 2012

Key Executives

N/A

Description

The fund is an Exchange Traded Fund (ETF) that aims to track the performance of the Barclays Emerging Markets Asia Local Currency Govt Country Capped Index. The ETF invests in physical index securities. The Barclays Emerging Markets Asia Local Currency Govt Country Capped Index provides a broad measure of the performance of local currency government debt issued by emerging market countries in Asia. Currently, five countries are included in the index: Indonesia, Malaysia, Philippines, South Korea and Thailand. The list of eligible countries is reviewed on a periodic basis depending on liquidity, capital control and overall accessibility. Country weights are capped at 40% of the index to ensure diversification within the index and countries which are not member states of the European Union, members of the Organisation for Economic Co-operation and Development or approved by the Central Bank of Ireland are capped at 35% of the index.