Overview
Description
The iShares Euro Corporate Bond 1-5yr UCITS ETF is a type of exchange-traded fund focusing on short-term investment grade corporate bonds issued in euros. Its primary function is to provide exposure to the performance of the market for euro-denominated corporate bonds with maturities ranging from one to five years. This ETF is designed for investors seeking to access the euro bond market with lower interest rate risk due to its short duration focus, which can be beneficial in varied interest rate environments. It plays a significant role in fixed income strategies, offering diversification and liquidity to portfolios. The ETF invests in a broad set of sectors, including financials, industrials, and utilities, providing a diversified exposure to high-quality issuers within the corporate bond segment. As part of the UCITS framework, it adheres to stringent regulations aimed at protecting investors. Overall, the iShares Euro Corporate Bond 1-5yr UCITS ETF serves as a pivotal tool for institutional and retail investors seeking stable income with mitigated duration risk in the European bond markets.
About
Instrument type
ETF
Country
Italy
MIC code
XMIL