3.66400 EUR
0.0285
0.77%
Last update Dec 15, 8:17 AM CET
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3.66400
3.66400
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3.69250
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3.66400
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iShares USD Corporate Bond UCITS ETF EUR Hedg...
3.66
0.03
0.77%

Overview

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Description

The iShares USD Corporate Bond UCITS ETF EUR Hedged (Dist) is an exchange-traded fund designed to provide investors with exposure to a broad portfolio of US dollar-denominated, investment-grade corporate bonds. Its primary objective is to closely replicate the performance of the iBoxx® USD Liquid Investment Grade Index, while utilizing a currency hedging strategy to minimize fluctuations between the US dollar and the euro. This feature is particularly suited for investors who wish to access the US corporate credit market but prefer to reduce currency risk relative to the euro. The ETF physically replicates its benchmark using a sampling technique, holding a diversified portfolio of over 2,900 bonds from major US and global corporations. These holdings span a wide array of sectors, with financials, telecommunications, and health care among the notable issuers such as JPMorgan Chase & Co., Bank of America, and Oracle. The fund distributes interest income to investors on a quarterly basis, reflecting its income-generating focus. With assets under management totaling approximately EUR 227 million and a competitive total expense ratio of 0.25% per annum, this fund plays a significant role as a core fixed income allocation vehicle for investors looking for stable income, diversification, and exposure to US corporate credit with euro currency protection.

About

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Instrument type
ETF
Country
Germany
MIC code
XHAM
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