iShares Barclays Euro Government Bond 5-7 is an exchange traded fund (ETF) that aims to track the performance of the Barclays Euro Government 5-7 Year Term Index as closely as possible.
The ETF invests in physical index securities. The Barclays Euro Government 5-7 Year Term Index offers exposure to Euro denominated investment grade government bonds issued by EMU member states with a calculated life between five and seven years. Only bonds with an original term between 5.5 and 10.25 years and a minimum amount outstanding of €2 billion 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.