iShares $ Development Bank Bonds UCITS ETF USD (Acc)

The Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund's investments, which reflects the return of the FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index (the 'Index"). The Fund, is passively managed and aims to invest in the fixed income ("FI") securities (such as bonds) that make up the Index and comply with its credit rating requirements. The Index measures the performance of a sub-set of global US Dollar denominated, fixed-rate, investment grade multilateral development bank debt in the FTSE World Broad Investment-Grade Bond Index (the "Parent Index"). Multilateral development banks are supranational institutions set up by sovereign states whose aim is to foster economic and social progress mostly in developing countries by making finance available for sustainable projects. Only multilateral development banks with a mission statement that states the intent to promote sustainable economic development in developing countries will be eligible for inclusion in the index. This includes (for example) by financially supporting their sustainable development goals or by providing non-financial support for infrastructure development such as policy advice or technical assistance, will be eligible for inclusion in the Index. The Parent Index provides a broad-based measure of the global FI markets and includes government, government-sponsored / supranational, collateralised, and corporate debt. The Parent Index seeks to provide a comprehensive representation of the global, investment grade debt universe. The Index uses a market-value weighted methodology with a cap on each issuer of 25%. The Fund's investment in FI securities that make up the Index will, at the time of purchase, comply with the credit rating requirements of the Index which is investment grade. The Fund uses optimising techniques to achieve a similar return to the Index. These may include the strategic selec

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No