The fund is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx ¡ê Non-Financials Index as closely as possible. The ETF invests in physical index securities. The Markit iBoxx ¡ê Non-Financials Index offers exposure to Sterling denominated corporate bonds?with investment grade rating which are issued by non-financial organisations. Only bonds with a minimum remaining time to maturity of one year and?a minimum amount outstanding of ¡ê100 million are included in the index. 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.