iShares $ Short Duration Corp Bond UCITS ETF GBP Hedged (Dist)
IE000PECRUX8
iShares $ Short Duration Corp Bond UCITS ETF GBP Hedged (Dist)/ IE000PECRUX8 /
NAV2024-11-01 |
Chg.-0.0048 |
Type of yield |
Investment Focus |
Investment company |
5.1978GBP |
-0.09% |
paying dividend |
Bonds
Worldwide
|
BlackRock AM (IE) ▶ |
Investment strategy
income on the Fund's assets, which reflects the return of the Markit iBoxx USD Liquid Investment Grade 0-5 Index, the Fund's benchmark index (Index). The Share Class, via the Fund is passively managed, and aims to invest so far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the Index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold these until they cease to form part of the Index and it is practicable to sell the position.
The Index measures the performance of US Dollar denominated short duration investment grade corporate FI securities which pay income according to a fixed rate of interest maturing between 0 and 5 years and are issued by large companies with at least $1 billion in aggregate outstanding issuance and $500 million face value per FI security. The FI securities will, at the time of inclusion in the Index, have an average rating of investment grade (i.e. meet a specified level of creditworthiness) by Fitch, Moody's and Standard & Poor's Ratings Services. The Index uses a market-value weighted methodology with a cap on each issuer of 3%. The Fund uses optimising techniques to achieve a similar return to its Index. These may include the strategic selection of certain securities that make up the Index or other FI securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes.
Investment goal
income on the Fund's assets, which reflects the return of the Markit iBoxx USD Liquid Investment Grade 0-5 Index, the Fund's benchmark index (Index). The Share Class, via the Fund is passively managed, and aims to invest so far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the Index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold these until they cease to form part of the Index and it is practicable to sell the position.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
ETF Bonds |
Benchmark: |
Markit iBoxx USD Liquid Investment Grade 0-5 Index |
Business year start: |
06-01 |
Last Distribution: |
- |
Depository bank: |
State Street Custodial Services (Ire)Ltd |
Fund domicile: |
Ireland |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
BlackRock Asset Management Ireland Limited |
Fund volume: |
7 bill.
USD
|
Launch date: |
2023-10-25 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.00% |
Minimum investment: |
1.00 GBP |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
BlackRock AM (IE) |
Address: |
12 Throgmorton Avenue, EC2N 2DL, London |
Country: |
United Kingdom |
Internet: |
www.blackrock.com
|
Assets
Bonds |
|
99.01% |
Mutual Funds |
|
0.99% |
Countries
United States of America |
|
78.64% |
United Kingdom |
|
4.70% |
Canada |
|
4.56% |
Japan |
|
3.21% |
Australia |
|
1.61% |
Netherlands |
|
1.10% |
Spain |
|
0.87% |
Ireland |
|
0.84% |
Switzerland |
|
0.63% |
Singapore |
|
0.57% |
Germany |
|
0.55% |
Luxembourg |
|
0.29% |
France |
|
0.19% |
Cayman Islands |
|
0.16% |
Norway |
|
0.12% |
Others |
|
1.96% |