- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Level 18, 120 Collins Street Melbourne Australia 3000
- IPO Date
- Dec 3, 2015
- Business
- iShares J.P. Morgan USD Emerging Markets Bond (AUD Hedged) ETF (IHEB.AX) is an exchange-traded fund managed by BlackRock that seeks to track the performance of the J.P. Morgan EMBI Global Core Index (AUD Hedged), before fees and expenses; the index measures the AUD-hedged total return of U.S. dollar-denominated fixed-rate and floating-rate emerging market bonds issued by sovereign and quasi-sovereign entities. The ETF provides investors with diversified exposure to investment-grade emerging market debt from countries including Turkey, Saudi Arabia, Brazil, Colombia, Mexico, Dominican Republic, Philippines, Romania, Argentina, and Hungary, with top holdings featuring government bonds weighted around 3-4% each. It offers quarterly distributions, low-cost access to higher-yielding fixed income for portfolio diversification, and currency hedging to mitigate AUD/USD fluctuations.
Launched on December 4, 2015, the ETF is issued by BlackRock Australia, part of the global iShares suite headquartered in Sydney at Level 37, Chifley Tower, 2 Chifley Square; it operates primarily on the Australian Securities Exchange (ASX), targeting retail, institutional, and wholesale investors seeking emerging markets fixed income exposure. The fund maintains a focus on broad credit fixed income within the emerging markets bond segment, emphasizing USD-denominated debt from sovereign issuers across Asia, Latin America, Europe, Middle East, and Africa.
In recent developments, BlackRock has expanded its iShares fixed income offerings in Australia, including a new fixed income ETF launch in late 2025 designed as a diversified building block for investors; the firm also plans to introduce Australia's first iShares Bitcoin ETF (IBIT) on the ASX in mid-November 2025, reflecting broader innovation in ETF products amid record inflows into fixed income ETFs globally, exceeding $384 billion year-to-date in 2025. These initiatives underscore BlackRock's strategic growth in alternative and income-focused strategies, with iShares driving 12% organic base fee growth in ETFs during the first half of 2025; no specific acquisitions, partnerships, or reorganizations directly impacting IHEB.AX have been announced in the last 1-2 years.