iShares Euro Corporate Bond Large Cap UCITS ETF ISIN IE0032523478, Ticker IBCX

 
 
 

Strategy of iShares Euro Corporate Bond Large Cap UCITS ETF

Investment strategy

The iBoxx® EUR Liquid Corporates Large Cap index tracks the most liquid Euro denominated corporate bonds. Rating: investment grade.

 

iBoxx® EUR Liquid Corporates Large Cap (1)

Bonds (221) Europe (51) Corporate (23) All maturities (16)

Quote

GBP 117.44
NAV
18/05/18
116.62 52 weeks low/high 127.00
52 weeks low/high
 
 

Risk and fees of iShares Euro Corporate Bond Large Cap UCITS ETF

Risk

GBP 3,349 m
Fund size
Fund size category

Replication

Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Fund currency EUR

Currency risk

Currency unhedged
Volatility 1 year (in GBP) 7.53% Risk category
Inception Date 17 March 2003
Maximum drawdown
since inception (in EUR)
-5.65%
Maximum drawdown period 40 Months

Fees

0.20% p.a.
Total expense ratio
0.07% Compare 4.00%
Compare (Bonds)

Dividend/ Taxes

Distribution policy Distributing
Distribution frequency Quarterly
Fund domicile Ireland

Legal structure

Fund Structure Open-ended Investment Company (OEIC)
UCITS compliance Yes
Fund Provider iShares
Administrator State Street Fund Services (Ireland) Limited
Investment Advisor -
Custodian Bank State Street Custodial Services (Ireland) Limited
Revision Company Deloitte
Fiscal Year End 28 February
Swiss representative BlackRock Asset Management Schweiz AG
Swiss paying agent State Street Bank International GmbH, Munich, Zurich Branch

Tax Status

Germany Tax transparent
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
EU Savings Directive -

Replication, swap, securities lending

Indextype Total return index
Date of last index change 01/03/13
Swap counterparty -
Collateral manager Bank of New York Mellon
Securities lending Yes
Securities lending counterparty Barclays Bank PLC | Barclays Capital Securities Ltd. | BNP Paribas Arbitrage SNC | BNP Paribas SA | Citigroup Global Markets Ltd | Citigroup Inc | Credit Suisse Securities (Europe) Ltd. | Deutsche Bank AG | Goldman Sachs International | HSBC Bank PLC | J.P. Morgan Securities plc | JP Morgan Chase & Co | macquarie bank limited | Merrill Lynch International | Morgan Stanley & Co. International plc | Nomura International Plc | Skandinaviska Enskilda Banken AB | Société Générale SA | The Bank of Nova Scotia |
 
 
 

Performance of iShares Euro Corporate Bond Large Cap UCITS ETF

Return

1 year: 2.08%
Performance (incl. dividend)
Return in:
 
YTD 2017 2016 2015 2014
-2.35% 5.19% 21.61% -6.60% 0.93%
1 month 3 months 6 months 1 year 3 years
-0.45% -1.13% -2.89% 2.08% 27.07%
 

Description of iShares Euro Corporate Bond Large Cap UCITS ETF

The iShares Euro Corporate Bond Large Cap UCITS ETF invests in Corporate Bonds with focus Europe. The ETF holds the full range of bond maturities. The underlying bonds have Investment Grade ratings. The ETF has a EUR currency exposure. The interest income (coupons) in the fund is distributed to the investors (Quarterly).

The total expense ratio amounts to 0.20% p.a.. The fund replicates the performance of the underlying index by buying a selection of the most relevant index constituents (sampling technique). The iShares Euro Corporate Bond Large Cap UCITS ETF is a very large ETF with 3,349m GBP assets under management. The ETF is older than 5 years and is domiciled in Ireland.
 

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— All quotes are 15 minutes delayed stock exchange quotes or NAVs (=daily published by fund provider). Quotes and reference data provided by Xignite, Inc., etfinfo and justETF GmbH. Returns include dividend payments. There is no warranty for completeness, accuracy and correctness for the displayed information.
Source:ETFinfo
 

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