Shares Markit iBoxx Euro Corporate Bond is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx € Liquid Corporates Index as closely as possible.
The ETF invests in physical index securities. The Markit iBoxx € Liquid Corporates Index offers exposure to the 40 largest and most liquid Euro denominated corporate bonds with investment grade rating. Only bonds with a minimum remaining time to maturity of 1.5 years and a minimum amount outstanding of €750 million are included in the index. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.