Overview
Description
iShares Global Corp Bond UCITS ETF USD (Acc) is an exchange-traded fund that seeks to track the performance of the Bloomberg Global Aggregate Corporate Bond Index. It provides investors with exposure to a diversified portfolio of investment-grade, fixed-rate corporate bonds issued by companies in industrial, utilities, and financial sectors across developed and emerging markets worldwide. These bonds have a minimum maturity of one year and are rated BBB- or higher by S&P and Fitch, or Baa3 or above by Moody's, ensuring a focus on higher-quality credit securities. Managed by BlackRock and domiciled in Ireland, the ETF employs a representative sampling methodology for physical replication and accumulates income rather than distributing it. Key portfolio characteristics include a weighted average maturity of 8.65 years, effective duration of 6.02 years, and yield to maturity of 4.54%, with top holdings featuring major issuers like JPMorgan Chase & Co. and Bank of America Corp. Launched in 2012, it plays a significant role in fixed income markets by offering global corporate bond diversification with a low total expense ratio of 0.20%.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE