ERND
•
Fixed Income
ISHARES $ ULTRASHORT BOND UCITS ETF USD (DIST)
TER (bps):
9
AUM (USD m):
656
ISIN:
IE00BCRY6227
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
17 Jul 2024
Climate Fund:
No
Benchmark
The Markit iBoxx USD Liquid Investment Grade Ultrashort Index is designed to provide a balanced representation of the USD denominated investment grade ultrashort credit market. The index covers fixed rate bonds maturing between 0 and 1 year and floating rate securities with a time to maturity between 0 and 3 years, with a 3% cap on each issuer.
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