Description

This ETF tracks the iBoxx MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index, which is designed to mirror the performance of U.S. dollar-denominated government bonds from developing nations. The index provides exposure across the entire yield curve, with constituent bonds needing a minimum of six months until maturity. Eligibility criteria include a bond rating of at least 'B' and a minimum outstanding amount of USD 1 billion per bond. A key aspect of this index is its unique quality-weighted methodology: countries demonstrating stronger fundamental economic indicators and superior MSCI ESG Government Ratings are allocated a greater share within the index compared to those with less robust economic health or lower ESG scores. For more detailed information on the index and the general methodology of Markit iBoxx indices, please refer to the Markit iBoxx website.