BlackRock, Inc. (NYSE:BLK) today announced that its iShares® Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, has launched two new dividend-focused equity funds designed to access the fast-growing emerging markets and Asia/Pacific developed markets. Listed on the NYSE Arca, the funds are the iShares Emerging Markets Dividend Index Fund (NYSEArca: DVYE) and the iShares Asia/Pacific Dividend 30 Index Fund (NYSEArca: DVYA). The launch of these funds expands the existing suite of iShares dividend ETFs with the goal of delivering a global tool kit of equity income solutions. iShares launched the first US-listed dividend ETF (NYSEArca: DVY) in 2003; the fund currently has over $10 billion in assets 1. “In today’s market environment, traditional sources of income are offering historically low yields,” said Darek Wojnar, Head of US iShares Product Development and Management at BlackRock. “Emerging markets and the developed markets in the Asia/Pacific region are expected to lead global economic growth and offer an attractive opportunity for investment income in the near term. Income-seeking investors can use our dividend–paying funds to efficiently take advantage of potential economic growth in these regions, and possibly reduce portfolio volatility compared with growth-oriented stocks.” “The new iShares funds are well positioned to marry international growth potential with the value characteristics of dividend solutions in an ETF,” Wojnar continued. “The funds also offer investors the added benefit of a liquid investment approach, representing flexibility in establishing and adjusting allocations. A basket of high dividend-paying equities can often provide investors a cost-effective, transparent way to diversify their global equity income stream.” The iShares Emerging Market Dividend Index Fund is benchmarked to the Dow Jones Emerging Market Select Dividend Index. The index offers exposure to 100 dividend-paying emerging market companies, weighted by indicated annual yield. The top sector holdings are Telecomm, Industrials and Basic Materials.