Key Highlights

  • The fund holds 99.95% in the iShares MSCI EM ETF USD Dist, which tracks the MSCI Emerging Markets Index.
  • Taiwan (28.53%), South Korea (21.56%) and China (18.86%) are the largest country weights.
  • The management fee is 0.71% and the fund size is $1.82 billion.
  • The July 2026 distribution of $0.754 is the highest of the five half-yearly amounts reported.

iShares MSCI Emerging Markets ETF (ASX:IEM) seeks to achieve its objective by tracking the performance of the MSCI Emerging Markets Net Total Return Index in Australian dollars. The fund was admitted to the ASX on 10 October 2007 and last traded at $94.45 on 13 October 2026. It reports a fund size of $1.82 billion.

Detail

Information

Ticker

ASX:IEM

Fund

iShares MSCI Emerging Markets ETF

Category

Equity Emerging Markets

Benchmark

MSCI EM NR AUD

Fund size

$1.82 billion

Management fee

0.71%

Underlying fund

iShares MSCI EM ETF USD Dist, 99.95%

ASX admission date

10 October 2007

Structure

The fund holds 99.95% of its assets in one underlying fund, the iShares MSCI EM ETF USD Dist, and lists six holdings in total. Cash is 0.61% and stocks 99.37%. Reported turnover is 1.21%, and the fund records 0.04% in other assets.

Companies above $1 billion in market capitalisation represent 99.62%.

Country and sector exposure

Taiwan accounts for 28.53% of the fund, South Korea 21.56%, China 18.86% and India 10.68%. Brazil holds 3.90%, South Africa 2.51%, Saudi Arabia 2.32%, Mexico 1.59%, the United Arab Emirates 1.25% and the United States 1.19%.

Technology holds 44.16% against 36.58% for the category. Financial Services is 19.16%, Consumer Cyclical 7.53%, Industrials 6.03% and Communication Services 5.89%, below the 8.26% category weighting.

Fee, risk and distributions

The management fee is 0.71% a year. The fund reports a beta of 1.00 and a standard deviation of 18.74. The final distribution of $0.754 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 13 July, equal to an annual yield of 1.40%.

That is higher than the $0.602 paid in January 2026, $0.733 in July 2025, $0.614 in January 2025 and $0.444 in July 2024.

Category classification and liquidity

Morningstar places the fund in the Equity Emerging Markets category, which covers funds investing primarily in companies listed in emerging markets around the globe, with emerging-market securities typically at least 75% of the portfolio.

Liquidity indicators add a further view. There are 18,820,761 units on issue, and average daily trading volume is 37,841 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 11,100 to 32,800 units, with 30,338 recorded on 13 October while the market was still open. The bid-offer range stood at $94.69 to $96.70, and the day range at $93.88 to $96.22. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged monthly applications, redemptions and units-on-issue details on 7 October, the Annual Financial Report for the year to 30 June 2026 on 25 September, and a Product Disclosure Statement on 24 September.

Final Takeaway

IEM provides emerging-market exposure through a single underlying fund, with three economies making up roughly 69% of the portfolio. The management fee is 0.71%. These details describe structure and not outcomes.