iShares Broad USD Investment Grade Corporate Bond ETF (USIG39)

Overview

The company operates as an investment fund, focusing primarily on creating investment opportunities in fixed income securities. It emphasizes a strategic approach to investment, where at least 80% of its assets are allocated to securities that form part of its underlying index. This underlying index is crucial in guiding the fund's investment strategy, as it tracks the performance of investment-grade corporate bonds. These bonds are distinguished by their issuers based in both the U.S. and other countries, yet they must be U.S. dollar-denominated and publicly issued within the U.S. domestic market. The fund's strong commitment to closely mirroring the underlying index's composition and performance is evident in its policy to commit at least 90% of its assets to the fixed income securities it encompasses.

Products and Services

The fund offers a focused range of investment products and services designed to meet the needs of investors seeking exposure to fixed income securities, as outlined below:

• Investment-Grade Corporate Bonds: These are the primary focus of the fund, offering investors a chance to invest in high-quality, debt securities issued by reputable corporations. The selection criteria ensure that all bonds in the portfolio are of investment-grade quality, providing a relatively safe investment option compared to lower-grade securities.
• U.S. and Non-U.S. Issuer Bonds: The fund doesn't limit its investments to domestic issuers alone. It expands its horizon by including bonds issued by reputable corporations outside the U.S. This diversity allows for a broader market exposure and the potential for a more robust investment portfolio.
• U.S. Dollar-Denominated Bonds: All bonds included in the fund's portfolio are denominated in U.S. dollars. This criteria serves multiple purposes, including reducing currency risk for U.S. investors and ensuring that the investments are easily tradable in the highly liquid U.S. domestic market.
• Publicly Issued Bonds in the U.S. Domestic Market: The fund targets bonds that are publicly issued within the U.S. market. This ensures that the investments are well-regulated and accessible to a wide range of investors, contributing to the liquidity and stability of the investment option.