BlackRock has rolled out accumulating share classes for seven existing iShares funds within its fixed income ETF suite. The new share classes have begun trading on the London Stock Exchange.
The iShares $ Corp Bond UCITS ETF (LQDA) tracks the Markit iBoxx USD Liquid Investment Grade Index, providing exposure to US dollar-denominated investment grade corporate bonds. Initially launched in May 2003, the fund has grown to $6.2 billion in assets under management (AUM). Its total expense ratio (TER) is 0.20%.
The iShares $ Short Duration Corp Bond UCITS ETF (SDIA) tracks the Markit iBoxx USD Liquid Investment Grade 0-5 Index, providing exposure to near term US dollar-denominated investment grade corporate bonds. Initially launched in October 2013, the fund has grown to $1.5 billion in AUM. Its TER is 0.20%.
The iShares JP Morgan $ EM Bond UCITS ETF (JPEA) tracks the JP Morgan EMBI Global Core Index, providing exposure to US dollar-denominated bonds from emerging market countries. Initially launched in June 2010, the fund has grown to $7.5 billion in AUM. Its TER is 0.45%.
The iShares $ Treasury Bond 1-3yr UCITS ETF (IBTA) tracks the ICE US Treasury 1-3 Year Bond Index, providing exposure to US dollar-denominated Treasury bonds. Initially launched in June 2006, the fund has grown to $1.8 billion in AUM. Its TER is 0.20%.
The iShares $ High Yield Corp Bond UCITS ETF (IHYA) tracks the Markit iBoxx USD Liquid High Yield Capped Index, providing exposure to US dollar-denominated high yield corporate bonds. Initially launched in September 2011, the fund has grown to $4.2 billion in AUM. Its TER is 0.50%.
The iShares US Mortgage Backed Securities UCITS ETF (IMBA) tracks the Bloomberg Barclays US Mortgage Backed Securities Index, providing exposure to investment-grade mortgage-backed pass-through securities issued by US government agencies. Initially launched in May 2016, the fund has grown to $270 million in AUM. Its TER is 0.28%.
The iShares US Aggregate Bond UCITS ETF (IUAA) tracks the Bloomberg Barclays US Aggregate Bond Index, providing exposure to US Dollar denominated investment grade government, government-related, corporate and securitised bonds. Initially launched in September 2011, the fund has grown to $1.0 billion in AUM. Its TER is 0.25%.