iShares IHEB ETF (ASX:IHEB)

iShares J.P. Morgan USD Emerging Markets Bond (AUD Hedged) ETF

About the IHEB ETF

iShares J.P. Morgan USD Emerging Markets Bond (AUD Hedged) ETF IHEB provides investors with simple, diversified exposure to global USD denominated emerging market bonds and can be used to diversify your portfolio with exposure to higher risk, higher potential return bonds.

The fund aims to provide investors with the performance of the J.P. Morgan EMBI Global Core Index (AUD Hedged), before fees and expenses. The index is designed to measure the AUD hedged performance of U.S. dollar denominated fixed and/or floating rate emerging market bonds issued by sovereign and quasi-sovereign entities.

The fund was launched in 2015 and has more than $87 million in net assets as at 31 December 2023.

IHEB ETF Performance Review

7.58

-5.87

-0.05

1.56

5.54

6.56

Data Current To: 31/12/2023

Our review of IHEB ETF

Global, developing country, sovereign, high yield fund invests in an underlying fund and cash/derivatives.

Fund's principal investment in the iShares J.P. Morgan Emerging Markets ETF (IEMB)

The fund includes fixed rate bonds and is exposed to interest rate risk

What we like about the IHEB ETF

Good for diversification into a range of emerging market countries

Hedged to AUD

Things to be aware of about the IHEB ETF

High risk investment with over 45% of the bonds with a sub investment grade credit rating

Long weighted average maturity of over 12.39 years as at 31 December 2023

Nations often dependent on performance against USD

Tri-annual distributions

Relatively high fee of 0.51% as at 31 December 2023

IHEB ETF Investment Strategy

What does the IHEB ETF Invest In?

IHEB is a Government Bond High Yield ETF.

As at 31 December 2023, the IHEB ETF's underlying fund held nearly 600 different investments including bonds issued by Ecuador, Russia, Uruguay and Kuwait.

IHEB ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

IHEB Frequently Asked Questions

What index does the IHEB ETF aim to replicate?

The IHEB ETF aims to replicate the J.P. Morgan EMBI Global Core Index (AUD Hedged).

How often does IHEB ETF pay distributions?

The distribution frequency of IHEB is Tri-Annually.

When did the IHEB ETF start?

The inception date of the IHEB ETF was 04/12/2015.

What are the net assets of the IHEB ETF?

IHEB has net assets of $87.2m (AUD) as of 31/12/2023.

What are the number of holdings in the IHEB ETF?

Total number of holdings in IHEB is 14 as of 31/12/2023.

What are the management fees for the IHEB ETF?

The annual management fees for the IHEB ETF are 0.51% p.a. Learn more about ETF fees in this article.

How can I invest in the IHEB ETF?

IHEB is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the IHEB ETF have a minimum investment amount?

No, there is no minimum to invest in the BlackRock IHEB ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the IHEB ETF?

No, IHEB has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

IHEB ETF News

Five High Yield ETFs to Beat Inflation (May 9th, 2023)
Five ETF Investment Themes To Diversify Your Portfolio (November 30th, 2021)

About The Issuer Of The IHEB ETF: BlackRock

For more than 30 years, BlackRock has offered a range of solutions for institutions, financial professionals and individuals, to help them take control of their financial security.