iShares € Cash UCITS ETF EUR (Acc)

iShares € Cash UCITS ETF EUR (Acc) is an actively managed exchange-traded fund (ETF) designed to deliver returns aligned with euro money market rates while prioritizing capital preservation and high liquidity of its underlying assets. Launched on November 21, 2024, and domiciled in Ireland under iShares III plc, it qualifies as a Short-Term Variable Net Asset Value (NAV) Money Market Fund per EU Money Market Funds Regulations, with a total expense ratio of 0.10%. The ETF invests primarily in high-credit-quality fixed income securities and money market instruments, such as short-term bonds and debt securities from government, corporate, and supranational issuers, featuring a weighted average maturity of around 41 days and 38.39% in daily maturing assets. It accumulates income rather than distributing it and incorporates environment, social, and governance (ESG) criteria in investment selection, earning an MSCI ESG Fund Rating of AA. With net assets exceeding €1 billion, this ETF serves as a low-volatility cash equivalent in portfolios, offering stability amid fluctuating interest rates and supporting liquidity needs in European financial markets.