The fund is physically replicating and aims to track the performance of the Dow Jones Emerging Markets Select Dividend Index, which currently consists of 100 companies across 18 emerging markets.
The ETF is listed on the London Stock Exchange and aims to provide investors with the opportunity to combine an income stream with the potential for long term capital growth.
It is a distributing fund and gives investors the flexibility to withdraw income on a quarterly basis or to reinvest it, depending on their investment objectives.
Axel Lomholt, head of iShares product development EMEA, said: "With many developed market interest rates at historic lows, investors are finding it increasingly difficult to achieve their income targets. This ETF offers investors the potential to achieve dividend yield combined with access to the growth potential of EM companies."
He said the net indicated annual yield for the index was 7.34% at the end of October and the total expense ratio for the ETF is 0.65%.