(IS02) iShares J.P. Morgan EM - Ratings and Ratios

The iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc) is an exchange-traded fund that tracks the Morningstar EM Sov Bd GR USD index, providing investors with exposure to emerging markets sovereign bonds denominated in US dollars. The fund is listed on the XETRA exchange and has the ticker symbol IS02.

As a Global Emerging Markets Bond ETF, it offers a diversified portfolio of bonds from emerging economies, allowing investors to tap into the growth potential of these markets. The funds investment objective is to replicate the performance of the underlying index, which comprises US dollar-denominated sovereign bonds from emerging markets.

Analyzing the funds recent performance, we can observe a relatively stable price movement, with the last price recorded at 5.13. The short-term moving averages (SMA20 and SMA50) are closely aligned, indicating a lack of strong trend direction in the near term. However, the longer-term SMA200 suggests a potential resistance level at 5.35. The Average True Range (ATR) of 0.04 (0.72%) implies a relatively low volatility environment.

Considering the funds assets under management (AUM) of 1534.11M EUR, it appears to have a significant presence in the market, which can contribute to liquidity and stability. The funds size also suggests that it is well-established and has a certain level of investor confidence.

Based on the available technical and fundamental data, a potential forecast for the fund could be that it may experience a short-term consolidation phase, potentially oscillating around the current price level. However, if the emerging markets sovereign bond market experiences a significant shift, the funds price could be influenced accordingly. A break above the SMA200 at 5.35 could indicate a potential uptrend, while a decline below the 52-week low of 4.93 could signal a more significant downturn. Therefore, investors should closely monitor the funds price movement and adjust their strategies accordingly.