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ERNE

MTA
101.059998 EUR
0.07
0.07%
Last update Jun 27, 5:28 PM CEST
Market closed
Day range
101
101.059998
Previous close
100.99000
Open
101.010002
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iShares Euro UltraShort Bond Fund
101.06
0.07
0.07%

Overview

Description

The iShares Euro UltraShort Bond Fund is an exchange-traded fund (ETF) designed to provide investors with exposure to short-term Euro-denominated bonds. This fund primarily aims to manage interest rate risk while offering stability in returns, making it particularly attractive to conservative investors seeking low volatility. It targets high-quality bonds with very short maturities, often less than one year, allowing for minimal duration risk and lower sensitivity to interest rate changes. The iShares Euro UltraShort Bond Fund plays a crucial role in fixed-income portfolios, serving as a liquidity reserve or a temporary holding instrument during periods of expected interest rate hikes. It is frequently utilized by those looking to preserve capital while maintaining a small yield, standing as a strategic allocation in conservative or diversified investment strategies. The ETF's focus on European bonds makes it a significant choice for investors seeking geographical diversification within fixed-income investments.

About

Address
Phone
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 17 hours 28 minutes

14:31
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:00
Main market
09:00 - 17:30
All times are displayed in the Europe/Rome timezone (CEST, UTC+02:00).