Overview
Description
The iShares Core EUR Corporate Bond Fund is an exchange-traded fund designed to provide broad exposure to the euro-denominated investment grade corporate bond market. Its primary objective is to track the performance of the Bloomberg Euro Corporate Bond Index, encompassing bonds issued by industrial, utility, and financial companies across the Eurozone and Eurobond markets. This fund employs a physical sampling replication method, selecting a representative basket of bonds from the index to mirror its risk and return profile.
Key characteristics include a highly diversified portfolio, typically holding thousands of bonds, which helps manage credit risk while offering investors access to stable fixed-income returns. The fund accumulates interest income, reinvesting it back into the fund rather than distributing it as cash payouts. It features a low total expense ratio, making it cost-efficient for long-term investors seeking corporate bond exposure. With assets under management in the multi-billion euro range, the fund serves as a significant liquidity provider and an essential tool for asset allocation in diversified portfolios within the European fixed-income market.
About
Address
—
Phone
+44 121 28103590
Website
—
Instrument type
ETF
Country
Germany
MIC code
XDUS