Description: The fund is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx USD Liquid High Yield 0-5 Capped Index as closely as possible. The ETF invests in physical index securities. The Markit iBoxx USD Liquid High Yield 0-5 Capped Index offers exposure to short maturity sub-investment grade corporate bonds (bonds issued by companies) that are denominated in US Dollars. The index uses a market-value weighted methodology with a cap on each issuer of 3%. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.
Exchange: LSE
Country: UK
Currency: British Pound (£)
Category: USD High Yield Bond
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 95.34 | 0.00 | 95.34 |
Cash | 4.80 | 0.13 | 4.66 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 0.00 | 86.08 |
Europe Developed | 0.00 | 13.92 |