iShares Spain Govt Bond UCITS ETF EUR (Dist)
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General Objective
The fund seeks to track the performance of an index composed of Spanish government bonds, offering targeted exposure to this specific asset class.
Fund Exposure
The fund is characterized by its direct investment in Spanish government bonds, providing investors with single country government bond exposure to Spain.
Risks
Key risks associated with this fund include credit risk, changes to interest rates, and issuer defaults, which can significantly impact the performance of fixed income securities. Additionally, potential or actual credit rating downgrades may increase the level of risk, and investment risk is concentrated in specific sectors, countries, currencies, or companies.