The iShares Edge MSCI EM Value Factor UCITS ETF USD (Acc) seeks to track the MSCI Emerging Markets Select Value Factor Focus index. The MSCI Emerging Markets Select Value Factor Focus index tracks emerging market companies, which are selected for their greater value compared to other companies. The following indicators are used: a comparison of the share price with the estimated future profits, the share price relative to the book value of the company and the enterprise value of a company in relation to its operating cash flow.