Overview
Description
The iShares Core Euro Corporate Bond ETF is an exchange-traded fund designed to track the performance of the Markit iBoxx Euro Corporates Overall Total Return Index. This fund primarily focuses on investment-grade corporate bonds denominated in euros, offering exposure to a diversified array of fixed-income securities from various European-based corporations. The ETF is a prominent tool for investors seeking to gain stable and predictable income generation while diversifying their portfolios with European corporate credit exposure. Additionally, it caters to those looking to invest in creditworthy companies without taking on the geographical risks associated with equity markets. Comprised of bonds from sectors such as industrial, utility, and financial, this ETF provides insight into the credit health of the European corporate sector. Its importance in the market stems from its ability to provide liquidity and low-cost access to a vast range of corporate bonds, making it a favored choice for institutional and retail investors aiming to capitalize on interest rate movements and yield opportunities in the eurozone.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL