iShares iBonds Dec 2033 Term Corporate ETF (IBDY)

Overview

The company operates an investment fund focused on tracking the performance of a specified underlying index. It emphasizes a disciplined investment strategy, ensuring that a significant portion of its assets is invested in instruments that directly correlate with the components of the underlying index. This approach is designed to minimize tracking error and align closely with the index’s performance. By dedicating at least 80% of its assets to the component instruments of the underlying index and ensuring at least 90% of its assets are invested in fixed income securities included in the index, the company aims to offer investors a reliable and transparent way to participate in the performance of the fixed income market. The fund's investment strategy is meticulously managed by BFA, which uses its expertise to select securities that it believes will best enable the fund to mirror the index.

Products and Services

The company provides a focused investment product designed for investors looking to gain exposure to fixed income markets with the aim of tracking a specific underlying index. The investment products and services include:

• Component Instruments Investment: A service where at least 80% of the fund's assets are invested in the instruments that compose the underlying index. This is aimed at closely mirroring the performance of the index, facilitating investors who wish to invest in a portfolio that reflects the index’s composition.
• Fixed Income Securities Investment: The fund invests at least 90% of its assets in fixed income securities that are of the types included in the underlying index. This strategy is executed by BFA with the objective of enabling the fund to track the underlying index closely. Through this service, investors can access a range of fixed income securities, potentially benefiting from the income and stability often associated with this asset class.