iShares Corporate Bond Index Fund (UK) L Acc
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General Objective
The Fund aims to provide a return on investment by closely tracking the performance of the Markit iBoxx GBP Non-Gilts Overall TR Index, which measures the performance of fixed income securities denominated in Sterling issued by governments, government agencies, companies, and supranationals excluding UK government bonds.
Fund Exposure
The Fund primarily invests in fixed income securities that make up the benchmark index, focusing on non-gilt bonds issued in Sterling by various entities. The Fund uses techniques such as strategic selection of securities and derivatives to achieve a similar return to its benchmark index. It may also engage in short-term secured lending of investments to eligible third parties to generate additional income.
Risks
Investors should be aware that this Fund may not be suitable for short-term investment due to its focus on fixed income securities and potential fluctuations in interest rates. Additionally, the use of derivatives and securities lending may introduce additional risks related to market volatility and counterparty exposure.