BlackRock has launched eight further Ucits iBonds ETFs based on Investment Grade (IG) corporate bonds, adding new maturities to its current range of twelve IG funds.
iBonds are bond ETFs with fixed maturity dates, offering accumulating and distributing share classes and pay a final payout at maturity,
They offer a diversified portfolio of investment grade corporate bonds providing investors access across various countries and sectors
As of October 2024, European-domiciled iShares iBonds ETFs have raised $4.2bn in AUM YTD, with fixed maturity ETFs representing 8% of all Fixed Income UCITS ETF flows YTD2
The new iBonds ETFs aim to provide affordable access to the corporate bond market, enhanced by the cost efficiency, transparency, liquidity, and diversification of investing through ETFs.
“As the range of iBonds UCITS ETFs grows, investors will be able to benefit from additional versatility to meet specific portfolio needs and expanding use-cases such as bond laddering,” said Brett Pybus, Global Co-Head of iShares Fixed Income ETFs at BlackRock.
“These new iBonds ETFs provide additional choice to clients who aim to lock in yields targeting a specific point on the curve coupled with the operational efficiency and convenience of the ETF wrapper.”
