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9,199.44727 MXN
1.46
0.02%
Last update Mar 31, 4:11 PM BST
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Day range
9,199.44727
9,199.44727
Previous close
9,200.90723
Open
9,199.44727
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iShares $ Treasury Bond 0-1yr UCITS ETF MXN H...
9,199.45
1.46
0.02%

Overview

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Description

The iShares $ Treasury Bond 0-1yr UCITS ETF MXN Hedged (Acc) is an exchange-traded fund designed to track the performance of an index comprising U.S. Dollar-denominated government bonds, specifically short-term U.S. Treasuries with maturities between 0 and 1 year. Launched as a UCITS-compliant vehicle domiciled in Ireland and managed by iShares, it employs a physical replication strategy to closely mirror the ICE U.S. Treasury Short Bond Index, investing primarily in Treasury bills and notes such as those maturing in 2025 and 2026. This MXN-hedged accumulating share class mitigates currency risk for Mexican Peso investors by hedging against USD fluctuations, with holdings including high-quality, low-duration securities like U.S. Treasury Bills and Notes bearing coupons from 0.25% to 5%. Featuring a low total expense ratio of 0.07% p.a., it maintains a substantial fund size exceeding EUR 15 billion, underscoring its popularity among fixed-income investors seeking capital preservation and liquidity. In the financial markets, it serves as a conservative building block for diversified portfolios, offering stability amid interest rate volatility due to its ultra-short duration profile and backing by the full faith and credit of the U.S. government.

About

Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
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