Overview
Description
The iShares Core Euro Corporate Bond ETF is an exchange-traded fund that primarily aims to track the performance of the Markit iBoxx Euro Liquid Corporates Large Cap Index. This ETF is designed to provide investors with access to a broad and diversified portfolio of high-quality, euro-denominated fixed income securities issued by some of the biggest corporations across Europe. Notable for its cost-effectiveness and diversification, this ETF allows investors to gain exposure to various industries and sectors without the necessity of individually purchasing numerous corporate bonds.
A crucial feature of the iShares Core Euro Corporate Bond ETF is its focus on investment-grade securities, which are perceived to carry lower default risk compared to lower-rated bonds. This makes it a suitable option for those seeking stable income streams through periodic coupon payments. In the broader financial market, this ETF serves a vital role by offering liquidity and ease of access to the euro corporate bond market for both institutional and retail investors. The iShares Core Euro Corporate Bond ETF contributes to portfolio diversification, helping to balance equity risk within an investor's asset allocation strategy.
About
Address
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Phone
+44 121 28103590
Website
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Instrument type
ETF
Country
United States
MIC code
PINX