FairHorizon Purple
P6-I

iShares USD Ultrashort Bond UCITS ETF

Global USD ultra short maturity (<1y fixed, <3y float) corporate bonds. Passive tracker on Markit iBoxx USD Liquid Investment Grade Ultrashort Index.

About the Fund

Data as of

iShares is the market leader in the ETFs and passive index funds space, managing over US$5tn of AUM through more than 1600 ETFs offered globally. iShares is a subsidiary of BlackRock, the largest asset manager globally.

The iShares $ Ultrashort Bond UCITS ETF is a passive index solution that tracks the Markit iBoxx USD Liquid Investment Grade Ultrashort Index using a physical sampling approach. The index includes investment grade USD corporate bonds from developed countries that are either fixed rate bonds with <1 year maturity or floating rate securities with <3 years maturity. The ETF has >800 holdings.

Performance

Price Performance – Maximum Period

The FairHorizon Context

Investment-Time-Horizon in years

0 - 22 - 44 - 7 7 - 1010 - 1515+
Expected long-term return
2 - 4% p.a.
Expected volatility
3 - 5% p.a.

Building Block Returns

iShares USD Ultrashort Bond UCITS ETF

Ann. return (3-year):
5.25%
Ann. return (5-year):
3.71%
Ann. return (10-year):
Ann. Standard Deviation (5-year):
0.76%

This ETF represents high quality corporate bonds of very short maturities to minimise interest rate risks and volatility while expecting lower money market-like returns.

Benchmark Returns

SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF

Ann. return (3-year):
3.97%
Ann. return (5-year):
1.76%
Ann. return (10-year):
1.67%
Ann. Standard Deviation (5-year):
1.99%
Link to the Funds FairSheet

FairHorizon Benchmark Returns

Dimensional Funds PLC - Global Ultra Short Fixed Income Fund

Ann. return (3-year):
4.75%
Ann. return (5-year):
Ann. return (10-year):
Ann. Standard Deviation (5-year):
Link to the Funds FairSheet

The Dimensional Global Ultra Short Fixed Income Fund is our FAIRHORIZON Purple reference benchmark solution that has high quality short maturity corporate bonds with money market-like returns and low volatility.

SHARING OUR PASSION FOR INVESTMENTS FAIRSHEET  iShares USD Ultrashort Bond UCITS ETF  Page 1/2

Why we prefer this fund

Relevance of strategy

This ETF represents high quality corporate bonds of very short maturities to minimise interest rate risks and volatility while expecting lower money market-like returns.

Liquidity

The ETF is listed on multiple Europe exchanges in various currencies.

Historical maximum drawdown & recovery time

Max drawdown (since inception)
-8.63%
Recovery Period
63 Days

Diversification

Credit Rating

  • Aaa2.27%
  • Aa19.07%
  • A47.31%
  • Baa26.57%
  • Ba1.33%
  • Others3.46%

Sectors

  • Corporate98.53%
  • Others1.47%

Geography

  • U.S.A.70.45%
  • Canada6.63%
  • Australia4.88%
  • Japan3.51%
  • Netherlands3.02%
  • United Kingdom2.81%
  • France2.70%
  • Ireland0.98%
  • Sweden0.91%
  • New Zealand0.58%
  • Others3.53%

Frequently asked questions

What is the iShares USD Ultrashort Bond UCITS ETF?
The iShares USD Ultrashort Bond UCITS ETF is a index-based fund in the USD Short Maturity Bonds asset class, managed by iShares (BlackRock). Global USD ultra short maturity (<1y fixed, <3y float) corporate bonds. Passive tracker on Markit iBoxx USD Liquid Investment Grade Ultrashort Index.
What is the iShares USD Ultrashort Bond UCITS ETF's FairHorizon classification?
Das Family Office classifies this fund as FairHorizon Purple, meaning it is suitable for investors with a 0–2 years investment horizon. ultra-short maturity, capital preservation
What is the total expense ratio (TER) of the iShares USD Ultrashort Bond UCITS ETF?
The iShares USD Ultrashort Bond UCITS ETF has a total expense ratio of 0.09% per annum. The maximum recommended portfolio share is 35%.
What is the ISIN of the iShares USD Ultrashort Bond UCITS ETF?
The ISIN of the iShares USD Ultrashort Bond UCITS ETF share class tracked by Das Family Office is IE00BGCSB447.
What are the historical returns of the iShares USD Ultrashort Bond UCITS ETF?
As of the most recent month-end, the iShares USD Ultrashort Bond UCITS ETF has delivered 3-year annualised total return of 5.25%, 5-year annualised total return of 3.71%. Past performance is not indicative of future results.
Is the iShares USD Ultrashort Bond UCITS ETF accumulating or distributing?
The tracked share class (USD ACC) is Accumulating — income is automatically reinvested into the fund.
When was the iShares USD Ultrashort Bond UCITS ETF launched?
The iShares USD Ultrashort Bond UCITS ETF was incepted on 2018-07-03.