iShares Core MSCI EM IMI UCITS ETF USD (Acc)
| Issuer: iShares |
| Asset Class: Equity |
| TER: 18bps |
| Trading Currency: USD |
| Pays Income: False |
| Listing Date: 02 Jun 2014 |
| Ticker: EIMI |
| ISIN: IE00BKM4GZ66 |
This investment vehicle provides comprehensive and diversified exposure to a wide array of companies across numerous emerging market countries. It aims to track an index that includes large-, mid-, and small-capitalization stocks, offering a truly all-encompassing snapshot of the investable equity universe in these developing economies. By holding thousands of individual securities, the fund inherently spreads risk, reducing the impact of poor performance from any single company or sector. This broad approach allows investors to participate in the overall economic trajectory of emerging markets without needing to select individual winners or specific countries, making it a foundational building block for a global equity portfolio.
The core thesis for investing in emerging markets is their potential for higher long-term growth compared to more mature, developed economies. This growth is often fueled by powerful secular trends such as favorable demographics, urbanization, a rapidly expanding middle class with increasing disposable income, and ongoing technological adoption. While the potential rewards are significant, these markets also come with higher levels of volatility and unique political and currency risks. This product serves as a cost-efficient tool for capturing this growth potential, providing a simple, single-transaction way to gain access to a complex and varied set of international markets.
This particular share class is structured to accumulate, meaning that any dividends paid out by the underlying companies are automatically reinvested back into the fund rather than being distributed to shareholders as cash. This process of reinvestment harnesses the power of compounding, which can significantly enhance total returns over an extended period. Consequently, it is particularly well-suited for investors with a long-term investment horizon who are focused on capital appreciation and are not seeking a regular income stream from their investments. The strategy is designed to build wealth over time by systematically capturing both the capital gains and the dividend growth of emerging market companies.
