iShares USD Corporate Bond EUR Hedged Mutual Fund

The iShares USD Corporate Bond EUR Hedged Mutual Fund is an exchange-traded fund designed to provide investors with exposure to US dollar-denominated investment grade corporate bonds while mitigating currency risk relative to the euro. Its primary function is to track the performance of the iBoxx® USD Liquid Investment Grade (EUR Hedged) index, which comprises some of the most liquid and creditworthy corporate bonds issued by prominent companies in the US market. The fund employs a physical sampling technique, investing in a representative selection of the underlying index constituents, and features a euro hedging mechanism to protect against fluctuations between the US dollar and the euro. This fund distributes interest income on a quarterly basis, offering investors a regular income stream. With a notable fund size—around 180 million euros under management—and a competitive total expense ratio of 0.25% per annum, it stands out as the sole ETF directly tracking this EUR-hedged corporate bond index. By enabling European investors to access the US corporate bond market without direct currency exposure, the iShares USD Corporate Bond EUR Hedged Mutual Fund plays a significant role in diversified, fixed-income portfolio strategies, appealing especially to those seeking stability and predictable returns within the corporate debt sector.