iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)
ETF
ISIN IE00BF7TPM11 / Valor 37682092
NAV (2024-11-01)
GBP 4.85+0.01%
iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)
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General Objective
The fund seeks to track the performance of an index composed of short maturity, US Dollar denominated investment grade corporate bonds.
Fund Exposure
The fund provides diversified exposure to USD denominated floating rate bonds, whose interest payments adjust to reflect changes in interest rates. It focuses on shorter-term investment-grade bonds in a single fund.
Risks
The key risks associated with this fund include credit risk, changes to interest rates, issuer defaults, concentration risk in specific sectors, countries, or companies, counterparty risk, and liquidity risk. Investors should be aware that the value of investments and income can fall as well as rise, and past performance is not indicative of future results.