Global shares
IEM
iShares MSCI Emerging Markets ETF · iShares
A broad basket of large companies from developing economies — places like China, Taiwan, India, South Korea and Brazil — held together in one parcel.
What the fee costs you
The management fee is 0.69% a year. Here’s what that works out to in dollars:
A 0.69% yearly fee works out to about $69 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- iShares
- Asset class
- Global shares
- Number of holdings
- ~1,200 (look-through)
- Where it invests
- Emerging markets — concentrated in Asia, with China, Taiwan, India and South Korea the largest parts.
- Income paid
- Half-yearly
- Currency hedged
- No — It's unhedged, so the value also moves with the Australian dollar against a range of emerging-market and US-dollar exposures, on top of the markets themselves.
Its character
A way to own the fast-growing-but-less-established economies in one trade. It leans heavily on big Asian technology names — Taiwan's TSMC, Samsung and Tencent sit near the top.
What to keep in mind
Emerging markets can be more volatile than developed ones, and this fund is concentrated in a few Asian countries and large technology names. It carries both market and currency swings for an Australian holder.
How this fund relates to others
Holds much the same emerging-market companies as VGE, so the two overlap heavily. Both cover emerging markets only — the part of the world that developed-market funds like VGS and BGBL leave out.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.