BlackRock’s (BLK) iShares—the largest exchange-traded fund issuer in the world—will add another arrow to its quiver on Thursday when it launches a new ETF that will track an index of 20 of the world’s riskiest markets, according to a filing.

The iShares MSCI Frontier 100 Index Fund (FM) will track the MSCI Frontier Markets Index, which is down 1.6% year-to-date and primarily tracks energy, financial services and telecommunications securities in 20 constituent nations, including Argentina, Bulgaria, Croatia, Kenya, Nigeria, Oman, Qatar and Vietnam. The ETF will carry an annual expense ratio of 79 basis points.

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