15.37050 EUR
0.0011
0.01%
Last update Dec 18, 8:10 AM CET
Market closed
Day range
15.37050
15.37050
Previous close
15.36940
Open
15.37050
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iShares EUR Cash UCITS ETF EUR (Acc)
15.37
0.00
0.01%

Overview

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Description

iShares EUR Cash UCITS ETF EUR (Acc) is an actively managed exchange-traded fund designed to provide investors with exposure to euro-denominated short-term money market instruments. Its primary purpose is to track the performance of prevailing euro money market rates, offering returns that closely align with the broader euro cash market environment. The fund invests predominantly in high-quality, investment-grade cash and near-cash securities issued within the Eurozone, focusing on minimizing credit and interest rate risk while maintaining liquidity and stability. It employs a physical, accumulating strategy, meaning earnings are reinvested rather than distributed, which can support capital growth over time. Notable features include a transparent cost structure with a low total expense ratio of 0.10% per year, and a diversified portfolio encompassing over 150 holdings. With more than 700 million euros in assets under management, the ETF plays a valuable role in the financial market as a cash management tool, helping both institutional and retail investors to efficiently manage short-term liquidity, park funds temporarily, or diversify portfolio risk during periods of market volatility, all within the robust regulatory framework of UCITS standards.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XHAM
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