Overview
Description
iShares EUR Cash UCITS ETF is an exchange-traded fund designed to offer investors a means to track the performance of Euro-denominated short-term money market securities. This fund primarily focuses on providing exposure to the liquidity and principal preservation characteristics of cash-like assets within the Eurozone. Managed by iShares, a renowned provider of exchange-traded funds and flagship of BlackRock, the ETF holds high-quality, diversified money market instruments with minimal credit and interest rate risk. Its primary function is to provide liquidity while attempting to generate a level of return proportional to the prevailing Euro money market rates, making it an essential tool for investors seeking to park cash temporarily, manage liquidity needs, or gain a stable return relative to money market conditions in Europe. It serves both institutional and retail investors looking to optimize their cash management strategies while maintaining ease of access and transparency that is typically associated with ETFs.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Netherlands
MIC code
XAMS