iShares Emerging Markets Equity Tracker

A fund that looks to track the performance of large and medium sized companies in global emerging markets

Overview

The fund aims to track the performance of the FTSE All World Emerging Index, which represents the performance of large and mid cap companies in emerging markets (as defined by FTSE). The tracker does not utilise a full physical replication method due to liquidity issues. However, it will try to replicate the index as closely as possible through a variety of optimisation techniques. For example, the tracker may hold securities expected to perform similarly to their counterparts in the benchmark. We like the tracker as it gives us exposure to both large and mid cap companies within emerging markets and it has tracked the benchmark well historically. It is also relatively cheap with an ongoing charge of 0.24% as of January 2016.

Fund type: Asset class: Sector:
Unit Trust Equities Emerging Markets

Fund Manager: Kieran Doyle

Kieran Doyle, CFA, Vice President and portfolio manager, is a member of BlackRock’s Institutional Index Equity team. Mr. Doyle’s service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Institutional Index Equity team. Prior to joining BGI, he was with KPMG. Mr. Doyle earned a master’s degree in economics and finance from Bristol University in 2000.

 

Fund Group: BlackRock

BlackRock is considered as the world largest asset manager in the world, with $6.28 trillion assets under management (as of December 2017). Founded in 1988 and widely recognised for its expertise in all asset classes, BlackRock Asset Management grew organically and by acquisitions such as Merrill Lynch Investment Managers in 2006 and Barclays Global Investors in 2009.

BlackRock employees over 1,800 investment professionals, and has a presence in 30 countries worldwide creating a truly global asset management business, with unrivalled access to local and national financial intermediaries.