Trading was halted in March 2022 and the fund was formally delisted in January 2023.
Management fees have been waived by BlackRock while the fund remains in "purgatory" waiting for a legal path to sell off frozen underlying assets like Gazprom and Sberbank. Why You Can't Buy
: Most underlying Russian securities are considered untradeable by Western financial institutions, leading to a nearly total writedown (98% decline in some cases) of these funds' assets.
It currently exists only as an illiquid Net Asset Value (NAV) calculation ($0.34 as of April 24, 2026) while it undergoes a lengthy liquidation process. :
As of April 2026, on major Western exchanges. All primary funds tracking Russian equities remain suspended from trading or are in the final stages of liquidation due to ongoing international sanctions and geopolitical risks. Status of Major Russian ETFs
: Investors may look toward iShares MSCI Poland ETF (EPOL) or other Central/Eastern European products to capture regional economic trends.