Overview
Description
iShares Core EUR Government Bond UCITS ETF EUR (Acc) is an exchange-traded fund that tracks the Bloomberg Euro Treasury Bond Index, providing exposure to investment-grade government bonds issued by Eurozone countries. Launched on 28 August 2024 and domiciled in Ireland, this accumulating ETF reinvests interest income rather than distributing it, managed by BlackRock with a low total expense ratio of 0.07% per annum. With assets under management around EUR 473 million, it employs physical replication through sampling to mirror the index performance. Key holdings include bonds from France (24%), Italy (22%), Germany (19%), Spain (14%), and Belgium (5%), alongside smaller allocations to Netherlands, Austria, Portugal, Finland, and Ireland, focusing on fixed-rate securities with at least one year to maturity. This ETF serves as a cost-effective core holding for investors seeking diversified, currency-unhedged exposure to Eurozone sovereign debt, emphasizing stability and liquidity in the fixed income market.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
353 1 246 7000
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE