The iShares Emerging Market Dividend Index Fund, benchmarked to the Dow Jones Emerging Market Select Dividend Index, is suitable for telecomm, industrials and basic materials industries, which offers index exposure to 100 dividend-paying emerging market companies, indicating annual yield.

The second fund, Asia/Pacific Dividend 30 Index Fund offers exposure to 30 dividend-paying companies comprising financial, consumer services and telecomm sector across Australia, Hong Kong, Japan, New Zealand and Singapore.

According to the firm, the new fund caters liquid investment approach to the investors offering flexibility in establishing and adjusting allocations.

iShares product development and management at BlackRock US head Darek Wojnar said emerging markets and the developed markets in the Asia/Pacific region are expected to lead global economic growth and offer an attractive opportunity for investment income in the near term.

"Income-seeking investors can use our dividend-paying funds to efficiently take advantage of potential economic growth in these regions, and possibly reduce portfolio volatility compared with growth-oriented stocks," Wojnar said.

iShares had launched the first US-listed dividend ETF in 2003, which currently has over $10bn in assets.