iShares $ Ultrashort Bond UCITS ETF USD (Acc)
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General Objective
The fund seeks to track the performance of an index composed of US Dollar denominated investment grade corporate bonds, providing investors with diversified exposure to very short maturity fixed and floating rate corporate bonds issued in US Dollar.
Fund Exposure
The fund is characterized by its direct investment in corporate bonds across sectors such as industrials, utilities, and financial companies, offering USD denominated investment grade bond exposure to investors.
Risks
Investors should be aware of the risks associated with this fund, including credit risk, changes to interest rates, issuer defaults, potential or actual credit rating downgrades, counterparty risk, liquidity risk, and the possibility of financial loss due to the insolvency of institutions providing services or acting as counterparties.