115.73000 EUR
0.06
0.05%
Last update Dec 16, 7:20 PM CET
Market closed
Day range
115.68000
115.73000
Previous close
115.67000
Open
115.68000
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iShares Euro Government Bond 1-3yr UCITS ETF ...
115.73
0.06
0.05%

Overview

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Description

The iShares Euro Government Bond 1-3yr UCITS ETF (Acc) is an exchange-traded fund designed to offer exposure to short-term, investment-grade government bonds denominated in euros. Its primary objective is to track the performance of the Bloomberg Euro Government Bond 1-3 index, which comprises sovereign bonds from member states of the Economic and Monetary Union (EMU) with remaining maturities between 1.25 and 3.25 years. The fund invests exclusively in fixed-rate, high-quality (investment grade) securities issued by core Eurozone countries such as France, Germany, Italy, Netherlands, and Spain, maintaining strict credit quality criteria to limit credit risk. With an accumulating distribution policy, all interest income generated from the underlying bonds is automatically reinvested, increasing the value of the ETF over time for its holders. The fund employs a physical sampling method for replication, aiming to closely mirror the index while maintaining cost efficiency, as reflected in its low total expense ratio. This ETF is widely utilized as a liquidity-preserving, low-volatility instrument within balanced portfolios or for cash management, serving financial market participants seeking stable returns and minimal interest rate sensitivity in the European fixed income space.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
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