ERNS Stock Discussion
iShares £ Ultrashort Bond UCITS ETF Description
The fund is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx GBP Liquid Investment Grade Ultrashort Index as closely as possible. The ETF invests in physical index securities. The Markit iBoxx GBP Liquid Investment Grade Ultrashort Index offers exposure to short maturity corporate bonds (bonds issued by companies) and quasi sovereign bonds (bonds issued by entities with explicit or implicit government backing) that are Sterling denominated and meet a minimum credit-rating of investment grade, as determined by independent credit rating agencies. The index covers fixed rate bonds (bond securities that have a fixed rate of interest) maturing between 0 and 1 year and floating rate securities (bond securities with a variable rate of interest) with a time to maturity between 0 and 3 years.
Recent Comments
- TraderMike on Trades of the Week: Jan 8 - Jan 12, 2024
- Magneto296 on Trades of the Week: Jan 8 - Jan 12, 2024
- SwingTradeBot on Market Recap for Tuesday, February 27, 2024
- SwingTradeBot on Market Recap for Monday, February 26, 2024
- SwingTradeBot on Market Recap for Friday, February 23, 2024
From the Blog
Featured Articles