iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Dist) (EUN4)

Overview

This fund operates as a diversified investment platform, aiming to achieve its investment objective through a strategic allocation in a variety of underlying funds. By distributing its assets across different categories, the fund seeks to balance its exposure to various types of market risks and opportunities. The allocation strategy is flexible, allowing for adjustments within predefined ranges based on market conditions and the fund manager's outlook. Specifically, the fund is designed to invest in Class I shares of other funds, focusing on a mix that includes equity securities, fixed-income securities, and money market securities to different extents depending on the prevailing investment strategy and market forecasts.

Products and Services

• Investment in Equity Securities

  Under normal circumstances, the fund allocates approximately 0% to 40% of its assets to underlying funds that focus on investments in equity securities. This includes stocks and other equity instruments, with the percentage of allocation being adjusted based on current market analyses and the fund's investment strategy. The aim is to tap into the growth potential of the equity markets, while maintaining a level of flexibility to reduce exposure during less favorable conditions.

• Investment in Fixed-Income Securities

  The fund designates a substantial portion of its assets, ranging from 60% to 100%, to underlying funds specializing in fixed-income securities. These investments include bonds and other debt instruments, providing the fund with a stable income stream. The allocation towards fixed-income securities is adjusted within the specified range to reflect the fund manager’s outlook on interest rates, credit market conditions, and overall economic environment, aiming to optimize returns while managing risk.

• Investment in Money Market Securities

  Additionally, the fund allocates between 0% to 20% of its assets to underlying funds that invest primarily in money market securities. This includes short-term debt instruments that offer liquidity and lower risk. The allocation to money market securities is determined based on the fund’s liquidity needs and its view on short-term market conditions, providing the fund with flexibility to respond to immediate financial market opportunities or to manage liquidity during volatile periods.