iShares Barclays Euro Corporate Bond ex-Financials is an exchange traded fund (ETF) that aims to track the performance of the Barclays Euro Corporate ex-Financials Bond Index as closely as possible.
The ETF invests in physical index securities. The Barclays Euro Corporate ex-Financials Bond Index offers exposure to Euro denominated investment grade corporate bonds from industrial and utility issuers publicly issued in the Eurobond and Euro zone domestic markets. Only bonds with a minimum remaining time to maturity of one year and a minimum amount outstanding of €300 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.