iShares $ Ultrashort Bond UCITS ETF

The iShares $ Ultrashort Bond UCITS ETF (ERND.L), launched on 15 October 2013 and domiciled in Ireland under iShares IV plc, is a UCITS-compliant exchange-traded fund managed by BlackRock Asset Management Ireland Limited that seeks to track the performance of the Markit iBoxx USD Liquid Investment Grade Ultrashort Index. The fund provides diversified exposure to US Dollar-denominated investment grade corporate bonds with very short maturities — up to one year for fixed-rate securities and up to three years for floating-rate securities — employing a physical sampling replication methodology across approximately 900 holdings. With total fund assets of approximately USD 2.57 billion and a low total expense ratio of 0.09% per annum, the ETF distributes income quarterly and targets investors seeking limited interest-rate sensitivity combined with mid-grade credit quality in the USD ultra-short-term bond segment. Listed on multiple exchanges including the London Stock Exchange, Euronext Amsterdam, Deutsche Boerse Xetra, and SIX Swiss Exchange, the fund is administered by State Street Fund Services (Ireland) Limited and is available for sale across major European markets and beyond.