Overview
Description
The iShares Core EUR Corporate Bond UCITS ETF (Acc) is an exchange-traded fund that provides exposure to a broad portfolio of euro-denominated investment-grade corporate bonds. Its primary objective is to replicate the performance of the Bloomberg Euro Corporate Bond Index, which comprises bonds issued by companies across the industrial, utility, and financial sectors within the Eurozone and Eurobond markets. The fund employs a physical sampling replication strategy, selecting a representative basket of securities from the index. Notably, this ETF has an accumulating distribution policy, meaning interest income from the underlying bonds is reinvested rather than paid out as dividends.
With assets under management exceeding €3.1 billion and approximately 3,951 holdings, the ETF offers risk diversification across issuers and countries, with significant allocations to France, the United States, the Netherlands, and Germany. Its low total expense ratio (TER) of 0.09% per annum makes it a cost-efficient choice for institutional and retail investors seeking steady euro-denominated fixed income exposure as part of a diversified portfolio. The fund's structure helps mitigate the risks associated with holding individual bonds and is widely used for income generation and capital preservation within the European bond market.
About
Address
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Phone
+44 121 28103590
Website
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Instrument type
ETF
Country
Germany
MIC code
XHAM