About LEMB ETF
Overview: The Blackrock J.P. Morgan EM Local Currency Bond ETF (LEMB) targets investment-grade, fixed-rate, bullet-maturity EM sovereign bonds denominated in local currencies, with a remaining maturity of 13 months or greater. The index further imposes a 15% cap and 4.5% floor on country exposure in order to achieve greater diversification. It provides exposure to the growing universe of local currency-denominated government bonds issued by emerging market countries and the ability to diversify away from U.S. dollar-denominated bonds or emerging market stocks. About the Fund Manager: BlackRock was incorporated in 1988 and is today the world's largest asset manager with $6.5 trillion in assets under management as of April 2019. It is one of the world's leading providers of investment, advisory and risk management solutions. Recommended for: Asset Preservation Additional Information: Fund Factsheet
Returns
| Performance | YTD | 1Y | 3Y | 5Y |
|---|---|---|---|---|
| Blackrock JP Morgan EM Local Currency Bond ETF | -5.88% | 11.64% | -2.94% | 1.62% |
Asset Class
Asset type breakdown
LEMB Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Philippines (Republic Of) 6.25% | 3.19% | |
| Dominican Republic 9.75% | 2.94% | |
| Uruguay (Republic of) 9.88% | 2.40% | |
| Uruguay (Republic of) 8.5% | 2.18% | |
| Dominican Republic 8.9% | 1.66% | |
| Philippines (Republic Of) 3.9% | 1.38% | |
| Secretaria Tesouro Nacional 0% | 1.30% | |
| China (People's Republic Of) 2.85% | 1.19% | |
| China (People's Republic Of) 2.68% | 1.16% | |
| China (People's Republic Of) 1.99% | 1.15% |
Projected Returns
Returnsbased on historic SIP returns of 0.84% per annum
LEMB Summary Data
| Total Net Assets | $ | i |
| Symbol | LEMB | |
| Exchange | ARCX | |
| ISIN | US4642865178 |
| Cat. Benchmark | BBgBarc US Agg Bond TR USD | |
| Asset class | Fixed Income | |
| Category | Emerging-Markets Local-Currency Bond | |
| Country | US |
LEMB Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.3 | i |
| Beta | 0.39 | i |
| 3 Year Standard Deviation | 12.62 | i |
Fund Strategy
iShares J.P. Morgan EM Local Currency Bond ETF is an exchange-traded fund incorporated in the USA. The index tracks the performance of local currency-denominated sovereign bond markets of emerging market countries. The fund is non-diversified.
LEMB Fact Sheets & Reports
About iShares by Blackrock
"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.
