Key Highlights

  • The fund holds 99.92% in an underlying iShares fund tracking the MSCI Emerging Markets ex China Index.
  • Taiwan (35.57%) and South Korea (26.91%) are the largest country weights, and Technology holds 52.24%.
  • The management fee is 0.26% and the fund size is $392.70 million.
  • The July 2026 distribution of $0.298 is higher than each of the three earlier amounts on record.

iShares MSCI Emerging Markets ex China ETF (ASX:EMXC) seeks to achieve its objective by tracking the performance of the MSCI Emerging Markets ex China Index. The fund was admitted to the ASX on 13 June 2024 and last traded at $41.28 on 13 October 2026. It reports a fund size of $392.70 million.

Detail

Information

Ticker

ASX:EMXC

Fund

iShares MSCI Emerging Markets ex China ETF

Category

Equity Emerging Markets

Benchmark

MSCI EM ex China NR USD

Fund size

$392.70 million

Management fee

0.26%

Underlying fund

iShares MSCI EM ex-China ETF USD Dis, 99.92%

ASX admission date

13 June 2024

Structure

The fund holds almost all of its assets in one underlying fund and lists eight holdings in total. Cash is 0.59% and stocks 99.39%. Companies above $1 billion in market capitalisation represent 99.67%.

Because the index excludes China, the fund carries no Chinese exposure, which is 18.78% of the broad emerging-markets category.

Country and sector exposure

Taiwan accounts for 35.57% of the fund, against 24.05% for the category, and South Korea 26.91%, against 17.14%. India holds 13.30%, Brazil 4.80%, South Africa 3.12%, Saudi Arabia 2.87% and Mexico 1.98%.

Technology holds 52.24%, against 36.58% for the category. Financial Services holds 18.69%. Consumer Cyclical holds 3.81%, below the 9.19% category weighting, and Communication Services 2.84%, against 8.26%.

Fee, risk and distributions

The management fee is 0.26% a year. The fund reports a beta of 1.36 and a standard deviation of 25.72. The final distribution of $0.298 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 1.34%.

That is higher than the $0.272 paid in January 2026, $0.171 in July 2025 and $0.257 in January 2025.

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 9,239,988 units on issue, and average daily trading volume is 51,855 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 7,200 to 47,200 units, with 15,895 recorded on 13 October while the market was still open. The bid-offer range stood at $41.00 to $41.43, and the day range at $41.20 to $42.37. 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.

Closing Perspective

EMXC concentrates emerging-market exposure in Taiwan, South Korea and India, with a technology weighting above its category. The 0.26% fee is below the 0.71% charged on the iShares MSCI Emerging Markets ETF (ASX:IEM), and the fund has a short listing history. These facts describe the structure and do not forecast outcomes.