
Core MSCI Emerging Markets Tokenised ETF (xStock) (IEMGX)
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About Core MSCI Emerging Markets Tokenised ETF (xStock)
The Core MSCI Emerging Markets Tokenized ETF (xStock) with ticker IEMGX is a financial product designed to offer exposure to a diversified index of large-, mid-, and small-capitalization equities across emerging markets. Issued by Backed Assets (JE) Limited, this tokenized ETF aims to track the performance of the underlying index, which captures growth opportunities across developing economies. Utilizing blockchain technology, the IEMGX token operates primarily on both Ethereum and Solana networks, ensuring a modern and efficient trading environment.
This tokenized ETF is fully collateralized on a 1:1 basis by its underlying assets, ensuring investors can trust the value it represents. With a management fee of 0.09% per annum, the Core MSCI Emerging Markets Tokenized ETF (xStock) emphasizes cost efficiency in its operational model. Additionally, an issuance and redemption fee of up to 0.50% may apply, allowing smooth transactions when entering or exiting the investment.
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