BlackRock, Inc. (NYSE: BLK) announced today that its iShares Exchange Traded Funds (ETFs) business, the world’s largest manager of ETFs 1, has launched four new core funds designed to meet the needs of long-term investors looking for exposure to international equities and U.S. fixed income.
The funds that launched today will trade on NYSEAcra:
|Exposure||Fund name||Ticker||Management fees||Index|
iShares Core MSCI Total International Stock ETF
|IXUS||0.16%||MSCI ACWI ex USA Investable Market Index (IMI)|
|International Equity||iShares Core MSCI Emerging Markets ETF||IEMG||0.18%||MSCI Emerging Markets Investable Market Index (IMI)|
|International Equity||iShares Core MSCI EAFE ETF||IEFA||0.14%||MSCI EAFE Investable Market Index (IMI)|
|U.S. Fixed Income||iShares Core Short-Term U.S. Bond ETF||ISTB||0.12%||Barclays U.S. 1-5 Year Government/Credit Bond Index|
These new funds will complement the six existing funds in the iShares Core Series. This suite combines competitive pricing with diversified, tax-efficient products. The iShares Core Series is designed to provide broad equity and fixed-income exposure, and allow long-term investors to tailor the mix of funds in their portfolio to match their individual choice.