iShares Barclays Emerging Market Local Govt Bond is an exchange traded fund (ETF) that aims to track the performance of the Barclays Emerging Markets Local Currency Core Government Index as closely as possible.
The ETF invests in physical index securities. The Barclays Emerging Markets Local Currency Core Government Index offers exposure to emerging markets government debt from eight countries in local currency. Only bonds with an original term to maturity between 2 and 30 years and a minimum amount outstanding equivalent to USD 750m for Latin America, EUR 750m for EMEA and JPY 87.5bn for Asia-Pacific securities are included in the index. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.