iShares MSCI Colombia ETF (ICOL) is an exchange-traded fund that seeks to track the performance of the MSCI All Colombia Capped Index, providing exposure to the broad equity universe of large-, mid-, and small-capitalization companies in Colombia across diversified sectors including financials, materials, energy, utilities, and consumer goods; it employs a representative sampling technique to replicate the index while investing in growth and value stocks. The fund, issued by iShares, Inc. and managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., was launched on June 18, 2013, and was domiciled in the United States with primary listing on U.S. exchanges. It targeted investors seeking Colombia-focused equity exposure, with geographic operations centered on Colombian public equity markets.
In a major strategic change, BlackRock announced the closure of ICOL on June 16, 2022, as part of product updates affecting 11 U.S.-listed ETFs; trading ceased after market close on August 22, 2022, with liquidation proceeds distributed to shareholders on or around August 25, 2022, after which the fund went out of business. No subsequent relaunches, partnerships, funding rounds, acquisitions, or new product offerings related to ICOL have been reported. This closure reflects ongoing portfolio rationalization by iShares to align with evolving client needs and market dynamics.