iShares $ High Yield Corp Bond ESG SRI UCITS ETF USD (Dist)

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Funds' investments, which reflects the return of the Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index, the Fund's benchmark index ("Index"). The Share Class, via the Fund, is passively managed and aims to invest so far as possible and practicable in a portfolio of fixed income ("FI") securities (such as bonds) that make up the Index. The Index measures the performance of US Dollar denominated, sub-investment grade, fixed-rate bonds issued by companies that form part of the Bloomberg US High Yield Index ("Parent Index") but only includes bonds issued by companies that meet the index provider's Environmental, Social and Governance ("ESG"). Socially Responsible Investment ("SRI") and other criteria. The bonds will have a remaining maturity (i.e. the time from issue until they become due for repayment) of at least one year and a minimum amount outstanding of $250 million. The bonds will be sub-investment grade (which means that at the time of inclusion in the Index, they have a credit rating of Ba1/BB+/BB+ or below using the middle rating of Moody's, S&P and Fitch). Companies are excluded from the Index if they are involved in certain business lines/activities, as outlined in the Index description of the Fund in the Fund's Prospectus. Companies that are in violation of United Nations Global Compact principles or OECD Guidelines for Multinational Enterprises are also excluded from the Index. Companies are also excluded from the Index based on a ESG controversy score determined by the index provider. The Fund may gain limited exposure to securities considered not to satisfy the ESG/SRI criteria. The Fund will adopt a best-in-class approach to sustainable investing. The Index is market capitalisation weighted. Market capitalisation is the market value of the outstanding bond issuance. The Fund uses optimising

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No