What is FM?

FM is passively managed to track a tier-weighted index of stocks mainly from frontier markets and, to a lesser degree, emerging countries.

PERFORMANCE [as of 11/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FM 4.67% -9.82% -26.31% -26.42% -2.07% -2.33% 2.83%
FM (NAV) 2.14% -12.14% -27.72% -28.37% -3.04% -2.52% 2.92%
MSCI Frontier Markets Index 1.52% -12.82% -28.24% -28.23% -3.06% -2.26% 3.28%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FM Factset Analytics Insight

FM tracks an index that provides exposure to stocks in frontier and emerging markets. The fund stretches across all market-cap sizes but selects the lower spectrum for emerging countries. The index provider employs “group entities” capping to ensure diversification. Group entities are multiple companies that may separately issue listed securities but are operated by a single controlling entity. FM targets weights of 80% for frontier markets and 20% for emerging markets. It then limits the two largest frontier countries at a 40% cap, while emerging countries are capped at 5% per individual country. Prior to March 1, 2021, the fund was called iShares MSCI Frontier 100 ETF that tracked the MSCI Frontier Markets 100 Index.

FM Summary Data

Blackrock
09/12/12
0.79%
$349.08M
MSCI Frontier and Emerging Markets Select Index
MSCI Frontier Markets Index
Open-Ended Fund

Peers

MSCI Frontier Markets Index
N/A

Fund Flows

+$0.03B 5 Days
+$0.04B 30 Days
+$0.03B 90 Days

FM Portfolio Data

$4.52B
7.94
1.42
3.36%
12/13/22
176

FM Index Data

MSCI Frontier and Emerging Markets Select Index
Tiered
Market Cap
MSCI Frontier Markets Index

FM Portfolio Management

0.79%
--
--
--

FM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FM Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/25/22

This measurement shows how easy it is to trade a $1 million USD block of FM. FM is rated a 2 out of 5.

FM Tradability

158,142
$3.89M
63,842
$1.53M
0.30%
$0.07
-0.49%
3.41% / -2.52%
None
13.29%
50,000
1.28
0.41%
56.03%
0
$24.44
2

FM Sector/Industry Breakdown

FM Segment
Benchmark
51.32% --
9.16% --
8.06% --
6.04% --
5.62% --
5.20% --
3.17% --
2.54% --
2.43% --
1.75% --

FM Top 10 Holdings

6.49%
6.19%
5.47%
3.46%
2.29%
2.23%
2.16%
2.06%
2.02%
36.28%

FM Performance Statistics

0.83
0.90
0.86
0.88
0.30%
MSCI Frontier Markets Index

FM Countries

FM Segment
Benchmark
10.64% --
6.87% 10.12%
6.28% 4.48%
5.89% 4.48%
5.66% 9.19%
5.09% --
4.97% 6.76%
4.74% 5.57%
4.30% --
4.25% --

FM Regions

FM Segment
Benchmark
40.23% 44.17%
10.89% 5.14%
10.64% --
6.32% 19.81%
5.03% --

FM Economic Development

FM Segment
Benchmark
62.48% 61.26%
10.64% 7.85%

FM Benchmark Comparison Holdings

176
99
61
56.85%

FM Benchmark Comparison Summary

FM Segment
Benchmark
176 99
$4.52B $4.19B
7.94 9.10
1.42 1.68
4.71% 4.54%
Low Medium

FM Benchmark Comparison Market Cap Size

FM Segment
Benchmark
4.25% 1.83%
46.18% 48.57%
27.82% 40.30%
8.85% 1.01%