Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

YCSH

15.24130 EUR
0.0015
0.01%
Last update Jul 21, 7:47 PM CEST
Main market
Day range
15.24130
15.25050
Previous close
15.23980
Open
15.24190
Access this ETF data via API
Subscribe
iShares Euro Cash UCITS ETF
15.24
0.00
0.01%

Overview

Description

The iShares Euro Cash UCITS ETF is a type of exchange-traded fund that primarily invests in short-term Euro money market instruments. Its primary function is to provide investors with a low-risk, liquid investment option that aims to preserve capital while offering a return in line with Euro money market rates. This ETF primarily targets institutional and retail investors looking for a stable vehicle to park their capital with easy access and minimal transaction costs. Notable features of this ETF include its focus on Euro-denominated assets, which makes it particularly appealing for investors seeking exposure to the Eurozone's financial markets without the added currency risk associated with non-Euro instruments. It impacts sectors such as banking and finance by providing liquidity and support for short-term funding needs. In the broader market context, the iShares Euro Cash UCITS ETF plays a crucial role by offering liquidity management solutions and acting as a safe haven during periods of market volatility. As an integral part of an investor’s broader asset allocation strategy, it helps in maintaining diversified investment portfolios with a focus on capital preservation.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XDUS
Main market

Exchange is currently active.
Closing in 4 hours 17 minutes

15:42
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).