iShares $ High Yield Corp Bond ESG UCITS ETF EUR Hedged (Acc)
ETF
ISIN IE00BMDFDY08 / Valor 56484418
NAV (2024-12-24)
EUR 5.38-0.03%
iShares $ High Yield Corp Bond ESG UCITS ETF EUR Hedged (Acc)
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General Objective
The fund aims to provide investors with a total return that reflects the return of the Bloomberg Barclays MSCI US Corporate High Yield Sustainable BB+ SRI Bond Index, taking into account both capital and income returns.
Fund Exposure
The fund is exposed to non-investment grade bonds issued by corporate entities in US Dollar, seeking to achieve a sustainable high yield exposure through companies with stronger sustainable business practices than their industry peers. It is designed for investors looking to screen out controversial business areas while maintaining a risk profile similar to traditional benchmarks.
Risks
The key risks associated with this fund include credit risk, changes to interest rates and/or issuer defaults, potential or actual credit rating downgrades, concentration risk in specific sectors, countries, currencies, or companies, and liquidity risk due to lower liquidity impacting the ability to buy or sell investments readily. Additionally, the benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider, which may affect the value of the Fund's investments compared to a fund without such screening.