New ETP 09.05.2013
The iShares Euro Corporate Bond Financials UCITS ETF is an exchange traded fund (ETF) that aims to track the performance of the Barclays Euro-Aggregate: Financial Index as closely as possible. The ETF invests in physical index securities.
The Barclays Euro-Aggregate: Financial Index offers exposure to Euro denominated investment grade, corporate bonds from financial issuers only in the banking, insurance, finance, brokerage and real estate investment trust sectors. Inclusion is based on the currency of the issue, and not the domicile of the issuer and bonds may therefore be issued by companies outside the Eurozone. Only bonds with a minimum remaining time to maturity of 1 year and a minimum amount outstanding of €300 million are included in the index.