iShares US Mortgage Backed Securities UCITS ETF USD (Acc)

The fund seeks to track the performance of an index composed of investment-grade mortgage-backed pass-through securities issued by U.S. government agencies, aiming to provide exposure to a broad range of U.S. mortgage-backed securities.

The fund is characterized by its exposure to fixed income asset class, specifically U.S. mortgage-backed securities issued by government sponsored enterprises such as Ginnie Mae, Fannie Mae, and Freddie Mac. It offers diversified access to mortgage-backed securities issued by U.S. government agencies in a single share class, incorporating exposure to the income-generating characteristics of these securities.

Investors should be aware of the risks associated with this fund, including credit risk, changes to interest rates, and issuer defaults that can significantly impact the performance of fixed income securities. Additionally, asset backed securities and mortgage backed securities are subject to liquidity risk, counterparty risk, and potential credit rating downgrades, which may increase the level of risk for investors.

https://www.ishares.com/uk/individual/en/products/287333/ishares-us-mortgage-backed-securities-ucits-etf