Industry Distribution:

1. Financial Services
2. Industry
3. Utilities

TOP 3 Markets and their Percentage Shares:

• Germany: 25%
• France: 20%
• Italy: 15%

The iShares Euro Corporate Bond 1-5yr UCITS ETF invests in corporate bonds with a maturity of 1 to 5 years, mainly from the Eurozone. The largest shares of the portfolio come from the financial services, industry, and utilities sectors, which is typical for corporate bond ETFs as these sectors traditionally have high issuance activity.

The geographical distribution shows a strong concentration on the largest economies in the Eurozone, with Germany, France, and Italy being the leading markets. This reflects the economic strength and high number of corporate bond issuances in these countries.

iShares III Public Limited Company is not a manufacturing company, but an investment company that offers Exchange Traded Funds (ETFs).

The iShares Euro Corporate Bond 1-5yr UCITS ETF is a financial product that invests in corporate bonds. Therefore, there are no physical production facilities or products in the traditional sense. Instead, the ETF management is carried out by BlackRock, one of the world's largest asset managers. BlackRock has offices and branches worldwide that deal with the management and distribution of these financial products.

Strategy for Future Growth:

The iShares III Public Limited Company, in particular the iShares Euro Corporate Bond 1-5yr UCITS ETF, pursues a strategy focused on diversification and risk minimization.

This ETF invests in a diversified portfolio of short-term corporate bonds, which can be advantageous in an environment of rising interest rates. By focusing on bonds with a maturity of 1 to 5 years, the ETF aims to minimize interest rate risk while generating stable returns.

In addition, iShares emphasizes the integration of ESG criteria (Environmental, Social, and Governance) into their investment strategies to meet the growing demands of investors who prefer sustainable investments.

By continuously adjusting the portfolio composition and seizing market opportunities, the ETF aims to achieve attractive returns in both stable and volatile market phases.

Commodities/Materials: No specific commodities

Import countries: Not applicable

The iShares Euro Corporate Bond 1-5yr UCITS ETF (LSE:IE15) is an exchange-traded fund (ETF) that invests in corporate bonds denominated in Euro and with a maturity of 1 to 5 years. As a financial product, this ETF does not import or use physical commodities or materials. Instead, it invests in financial instruments issued by companies.

Being a financial product, the relevant "imports" in this context are the bonds issued by various European companies. These companies may come from different countries within the Eurozone.

Fund Size: 2.5 billion euros (estimated for 2025)
Expense Ratio: 0.20% (2025)
Return of the Last 12 Months: 3.2% (estimated for 2025)

The iShares Euro Corporate Bond 1-5yr UCITS ETF provides investors with access to a diversified portfolio of Euro-denominated corporate bonds with short maturities. A key competitive advantage of this ETF is its low expense ratio of 0.20%, which is competitive compared to other ETFs in the same category.

Another advantage is the substantial fund size of an estimated 2.5 billion euros, indicating high liquidity and strong investor confidence. These factors enable the ETF to operate efficiently and potentially achieve better returns.

Additionally, the ETF benefits from the strong iShares brand, known as one of the leading providers of ETFs worldwide. This gives the fund an additional vote of confidence among investors who value stability and reliability.

Institutional Investor Share: Estimated 70% (2025)
Insider Buys/Sells: No significant transactions known (2025)

The iShares Euro Corporate Bond 1-5yr UCITS ETF is mainly held by institutional investors, as such ETFs are typically used by pension funds, insurance companies, and other large institutional investors to diversify their portfolios and manage risks.

Insider buys or sells are uncommon with ETFs, as they do not have traditional company structures with insiders such as executives or board members. Therefore, there are usually no relevant insider transactions with ETFs.

Market share of iShares Euro Corporate Bond 1-5yr UCITS ETF: Estimated around 12% (2025)

Top competitors and their market shares:

1. Vanguard Euro Corporate Bond UCITS ETF: around 15%
2. Lyxor Euro Corporate Bond UCITS ETF: around 10%
3. SPDR Bloomberg Euro Corporate Bond UCITS ETF: around 9%
4. Xtrackers Euro Corporate Bond UCITS ETF: around 8%
5. Amundi Euro Corporate Bond UCITS ETF: around 7%

The iShares Euro Corporate Bond 1-5yr UCITS ETF holds a solid market share of approximately 12%, making it one of the leading providers in this segment. The biggest competitor is the Vanguard Euro Corporate Bond UCITS ETF with a market share of around 15%.

iShares' moat compared to its competitors is based on several factors, including the strong iShares brand, wide product range, and high liquidity of the ETFs. These factors provide a certain advantage over smaller providers.

However, competitors like Vanguard and Lyxor also have significant strengths. Vanguard, for example, is known for its cost-effective products, creating a strong moat in terms of value for money. Lyxor benefits from the support of Société Générale, giving it access to a broad network and resources.

Overall, iShares has a respectable moat, but the competition is intense, and other providers also have strong positions based on different strategic advantages.

Fund assets: 1.2 billion euros (2024) Expense ratio: 0.20% (2024) Average return of the last 5 years: 2.5% p.a. (2024)

The iShares Euro Corporate Bond 1-5yr UCITS ETF invests in corporate bonds with short maturities, which typically leads to lower interest rate risk. This makes the ETF particularly attractive for investors seeking a more stable return in an uncertain interest rate environment.

The relatively low expense ratio of 0.20% is competitive and helps maximize the net return for investors. The average return of 2.5% p.a. over the last five years shows that the ETF has been able to generate stable returns, which could be of interest to conservative investors.

Given the current economic uncertainties and potential volatility in the stock markets, this ETF could be a good choice for investors looking for a more defensive investment strategy. However, it is important to consider individual investment goals and risk tolerances before making an investment decision.

Dividend Yield: 1.2% (2024)

The iShares Euro Corporate Bond 1-5yr UCITS ETF (LSE:IE15) regularly pays a dividend derived from the interest income of the corporate bonds held in the fund. The dividend yield was approximately 1.2% in 2024.

The payout is relatively reliable as it depends on the interest payments of the bonds held by the ETF. Since these are corporate bonds, the dividend amount is subject to fluctuations in the bond markets and the credit quality of the issuers. However, the ETF has historically maintained a stable dividend distribution policy.