XEB Stock Discussion

iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) Description

The investment seeks to replicate, net of expenses, the performance of the J.P. Morgan EMBI Global Core Hedged in CAD index. The index is a U.S. dollar denominated emerging markets debt benchmark which tracks the total return of actively traded external debt instruments in emerging market countries. It employs a methodology designed to distribute the weight of each country within the index by limiting the weights of countries with higher debt outstanding and reallocating this excess to countries with lower debt outstanding.

Keywords: Debt Emerging Market Emerging Market Debt External Debt