iShares Core £ Corporate Bond

ETF description

This ETF invests in bonds issued by companies rather than governments. Bonds are a form of borrowing in which companies raise money from investors and, in return, make regular interest payments and repay the original amount at a set future date. The companies included in this ETF are generally large and established businesses that are considered to have relatively strong credit quality, meaning they are viewed as more likely to meet their debt obligations. The ETF follows a broad index of corporate bonds that are issued in GBP. These bonds come from companies across a range of sectors, such as financial services, utilities, telecommunications, and industrial businesses. This ETF may be relevant for investors who want exposure to company‑issued bonds rather than government debt.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The iBoxx GBP Liquid Corporates Large Cap Index is designed to reflect to reflect the performance of GBP denominated investment grade corporate debt. The index rules aim to offer a broad coverage of the GBP investment grade liquid bond universe.