iShares launches two ETFs following Core fee cuts

BlackRock has launched two iShares exchange-traded funds to target emerging market consumption and US dividends, following fee cuts on its revamped 'Core' range last week.

The iShares MSCI Emerging Markets Consumer Growth UCITS ETF invests in companies that derive a high or growing proportion of their revenue from this consumer spending. It includes developed and emerging market companies in the consumer staples, consumer discretionary healthcare, industrial, information technology and telecoms sectors. The iShares MSCI USA Dividend IQ UCITS ETF invests in US companies that target higher-than-average dividend yields. Tom Fekete, head of product development for iShares in EMEA, said: "We are starting to see a shift in sentiment towards emerging market...