# iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD (SEGM)

**Page:** https://fundology.uk/fund/segm · ISIN IE00BFNM3P36

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, SEGM (iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD, ISIN IE00BFNM3P36) closed at £7.27 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 13/11/2026 its total return was +39.4%, or +8.8% after UK CPIH inflation.

## Summary

iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the MSCI EM (Emerging Markets) IMI Screened Index — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.18% a year — about £18 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£7.27** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SEGM |
| ISIN | IE00BFNM3P36 |
| Also listed as | SAEM (London Stock Exchange, US dollars), AYEM (Xetra, euros) |
| Category | Emerging markets |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI EM (Emerging Markets) IMI Screened Index |
| Income | Accumulating |
| Ongoing charge | 0.18% a year (£18 per £10,000) |
| Fund size | £4.3bn |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 19/10/2018 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +13.11% | +9.10% | income reinvested |
| 3 years | +61.40% | +45.82% | income reinvested |
| 5 years | +39.36% | +8.78% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD in pounds (price, with income reinvested in the fund): 2022 −11.0%, 2023 +4.5%, 2024 +10.5%, 2025 +24.4%; 2026 to 13/11/2026 +11.1%. Returns of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +27.3%; to 30/09/2025: +17.1%; to 30/09/2024: +15.5%; to 30/09/2023: +3.2%; to 30/09/2022: −12.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -11.0% | -18.5% | Price |
| 2023 | +4.5% | +0.3% | Price |
| 2024 | +10.5% | +6.8% | Price |
| 2025 | +24.4% | +20.1% | Price |
| 2026 to 13/11/2026 | +11.1% | +7.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.68% | -15.53% |
| 3 years | 15.67% | -15.53% |
| 5 years | 15.69% | -22.16% |

## Largest fall

Volatility of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD in pounds, annualised from weekly returns to 13/11/2026: 19.7% over 1 year, 15.7% over 3 years, 15.7% over 5 years. Largest fall in the price of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD since November 2021, in pounds: −20.6% from 19/11/2021 to 28/10/2022. The lowest 12-month return of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD in pounds (price, with income reinvested in the fund) since January 2021 was −18.6% (12 months to 28/10/2022); the highest was +54.7% (12 months to 19/06/2026). On 13/11/2026 the price of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD was 12.9% below its highest weekly close since November 2021 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD 0.18% a year. Compared on 14/11/2026, 124 of the 151 other emerging-market share funds charge more, 11 the same and 16 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI EM (Emerging Markets) IMI Screened Index, this one included and share classes counted once; their ongoing charges range from 0.18% to 0.18% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD (this fund) | 0.18% | +13.1% | +61.4% | +39.4% |
| iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF Unhedged USD | 0.18% | +13.1% | +61.3% | +39.3% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.18%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, SEGM holds 2,535 positions, according to its published holdings. The largest is TSMC at 13.58% of the fund; the ten largest make up 32.2%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 13.58% |
| 2 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 5.49% |
| 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 3.89% |
| 4 | Tencent | [700](https://fundology.uk/stock/700) | 2.77% |
| 5 | Alibaba Group | [BABA](https://fundology.uk/stock/BABA) | 1.89% |
| 6 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.27% |
| 7 | China Construction Bank | [601939](https://fundology.uk/stock/601939) | 0.95% |
| 8 | HDFC Bank | [HDFCBANK](https://fundology.uk/stock/HDFCBANK) | 0.82% |
| 9 | ICICI Bank | [ICICIBANK](https://fundology.uk/stock/ICICIBANK) | 0.76% |
| 10 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 0.75% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Information Technology | 36.6% |
| Financials | 21.2% |
| Consumer Discretionary | 9.0% |
| Industrials | 6.8% |
| Communication Services | 6.5% |
| Materials | 5.9% |
| Health Care | 3.9% |
| Energy | 3.2% |
| Other sectors | 6.8% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| Taiwan | 27.0% |
| China | 20.3% |
| South Korea | 17.0% |
| India | 13.8% |
| South Africa | 3.5% |
| Brazil | 3.4% |
| Saudi Arabia | 2.7% |
| Mexico | 1.9% |
| Other countries | 10.4% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.4% |
| Cash and money market | 0.6% |

The 1,673 holdings on record (of 2,535 reported): https://fundology.uk/fund/segm/holdings

## Questions people ask

**What is the ongoing charge of SEGM?**

The ongoing charge of SEGM is 0.18% a year — about £18 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares IV PLC - iShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD 0.18% a year. Compared on 14/11/2026, 124 of the 151 other emerging-market share funds charge more, 11 the same and 16 less (share classes counted once).

**What does SEGM track?**

SEGM tracks the MSCI EM (Emerging Markets) IMI Screened Index — companies in emerging economies such as China, India, Taiwan and Brazil.

**Is SEGM accumulating or distributing?**

SEGM is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of SEGM?**

The ISIN of SEGM is IE00BFNM3P36. An ISIN identifies one exact share class of a fund; SEGM is its ticker on the London Stock Exchange. The same share class is also listed as SAEM (London Stock Exchange, US dollars) and AYEM (Xetra, euros).

**What does SEGM hold?**

As of 06/11/2026, SEGM holds 2,535 positions, according to its published holdings. The largest is TSMC at 13.58% of the fund; the ten largest make up 32.2%. Its ten largest holdings are TSMC (13.58%), Samsung Electronics (5.49%), SK hynix (3.89%), Tencent (2.77%), Alibaba Group (1.89%), MediaTek (1.27%), China Construction Bank (0.95%), HDFC Bank (0.82%), ICICI Bank (0.76%) and Samsung Electronics (0.75%).

**What were SEGM’s returns in each of the last five years?**

Calendar-year returns of SEGM in pounds (price, with income reinvested in the fund): 2022 −11.0%, 2023 +4.5%, 2024 +10.5%, 2025 +24.4%; 2026 to 13/11/2026 +11.1%. Past performance is not a guide to future returns.

**How has SEGM done after inflation?**

Over the five years to 13/11/2026 SEGM’s total return was +39.4%, or +8.8% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/305397/ishares-msci-em-imi-screened-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-em-imi-screened-ucits-etf-usd-acc-gb-ie00bfnm3p36-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/saem-ishares-msci-em-imi-screened-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.