The iShares JP Morgan EM Local Government Bond UCITS ETF tracks the performance of the J.P. Morgan GBI-EM Global Diversified Index. This index comprises local currency-denominated government bonds issued by various emerging market countries.
This ETF primarily holds government bonds issued in the local currencies of various emerging economies. iShares manages the fund to offer investors diversified exposure to the sovereign debt market of these developing nations through a single investment.
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