iShares iBonds Dec 2028 Term $ Corp UCITS ETF (Acc)

Issuer: iShares

Asset Class: Fixed Income

TER: 12bps

Trading Currency: USD

Pays Income: False

Listing Date: 10 Aug 2023

Ticker: D28A

ISIN: IE0000UJ3480

This investment product offers a modern approach to fixed income investing by combining the predictable maturity of an individual bond with the diversification and trading convenience of an ETF. It holds a portfolio of global investment-grade corporate bonds, all of which are scheduled to mature during 2028. As the fund approaches its specified termination date, its overall duration naturally decreases, which systematically reduces its sensitivity to interest rate fluctuations. This structure provides investors with a clear investment horizon, culminating in a final cash distribution to shareholders upon the fund's liquidation in late 2028, mirroring the principal repayment of a single bond.

The strategy is built on a foundation of quality and responsibility, focusing on US dollar-denominated corporate debt from issuers in developed countries. By tracking a Socially Responsible Investing (SRI) benchmark, the fund excludes companies involved in controversial sectors, aligning with the principles of environmentally and socially conscious investors. This focus on investment-grade rated securities aims to provide a stable income stream with a lower credit risk profile compared to high-yield alternatives. The defined-maturity aspect makes this fund a powerful tool for financial planning, allowing investors to target specific future liabilities or goals, such as saving for a home, funding education, or preparing for retirement, with a greater degree of certainty over their capital's return timeline.