iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)

The fund aims to achieve a return on investment through a combination of capital growth and income on the fund's assets, reflecting the return of the FTSE UK Conventional Gilts - Up to 5 Years Index, while also reducing the impact of exchange rate fluctuations on returns.

The fund is passively managed and primarily invests in fixed income securities, such as bonds, that make up the benchmark index. These securities are Sterling denominated gilts issued or guaranteed by the British government with zero to five years remaining to maturity. The fund also utilizes foreign currency contracts for currency hedging.

Investors should be aware that the performance of their shares may be affected by currency differences, despite hedging strategies in place. Additionally, the fund may engage in short-term secured lending of investments to generate additional income, which introduces potential risks associated with lending activities.

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B4WXJK79-ishares-iii-plc/key-statistics