iShares Markit iBoxx £ Corporate Bond 1-5 is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx £ Corporates 1-5 Index as closely as possible.
The ETF invests in physical index securities. The Markit iBoxx £ Corporates 1-5 Index offers exposure to Sterling denominated corporate bonds with an expected remaining time to maturity between 1 and 5 years. The index includes only investment grade bonds with a minimum amount outstanding of £100 million. 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.