iShares J.P. Morgan EM Local Govt Bond UCITS ETF
IEML.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 2 Ballsbridge Park, Ballsbridge Dublin Ireland D04 YW83
- IPO Date
- Jun 20, 2011
- Website
- ishares.com
- Similar Companies
- Business
- iShares J.P. Morgan EM Local Govt Bond UCITS ETF (IEML.L) is an exchange-traded fund that seeks to track the performance of an index composed of local currency government bonds issued by emerging market countries, primarily fixed-rate debt securities with a minimum maturity of one year and varying credit qualities; it employs a representative sampling methodology to replicate the J.P. Morgan GBI-EM Global Diversified 10% Cap 1% Floor Index. The ETF distributes income semi-annually and is listed on exchanges including the London Stock Exchange (in USD as IEML and GBP as SEML), Deutsche Boerse Xetra (IUSP), Borsa Italiana, SIX Swiss Exchange, and Bolsa Mexicana de Valores; top holdings include government bonds from Mexico (9.98%), Malaysia (9.89%), China (9.89%), India (9.89%), Indonesia (9.66%), Thailand (8.28%), Poland (7.92%), South Africa (7.73%), Brazil (6.27%), and the Czech Republic (4.69%). Launched on June 20, 2011, as part of iShares III Public Limited Company, an open-ended investment company with variable capital domiciled in Ireland and authorised by the Central Bank of Ireland, the ETF is managed by BlackRock Asset Management Ireland Limited with co-management by BlackRock Advisors (UK) Limited, BlackRock Financial Management Inc., and BlackRock (Singapore) Limited; its headquarters aligns with BlackRock's operations at JP Morgan House, International Financial Services Centre, Dublin 1, Ireland. The fund targets institutional and retail investors seeking exposure to emerging markets fixed income, with primary geographic focus on emerging market sovereign issuers across Asia (e.g., China, India, Indonesia, Malaysia, Thailand), Latin America (e.g., Brazil, Mexico), Europe (e.g., Poland, Czech Republic), Africa (e.g., South Africa), and other regions; it operates globally with availability in countries including the UK, Germany, Italy, Switzerland, Mexico, and others. In July 2017, the ETF's benchmark index transitioned from the Bloomberg Barclays EM Local Currency Government Bond Index to the J.P. Morgan GBI-EM Global Diversified 10% Cap 1% Floor Index to better align with diversified emerging market local government bond exposure; no major acquisitions, funding rounds, partnerships, new product launches, or reorganisations specific to this ETF have been reported in the last 1-2 years, though BlackRock as the parent entity completed significant acquisitions in 2024-2025 including Global Infrastructure Partners and Preqin to bolster private markets capabilities.