TOP 3 Markets:

1. Germany: 25%
2. France: 20%
3. Italy: 15%

The iShares Core Euro Corporate Bond UCITS ETF invests in corporate bonds denominated in Euro. Revenues come from various sectors, with the financial sector, industry, and consumer goods sector dominating. These sectors are typically well represented as they issue a variety of bonds to raise capital for their activities.

Germany, France, and Italy are the largest markets for this ETF as they are among the largest economies in the Eurozone and host a variety of companies with solid credit ratings. These markets provide a stable foundation for bond investments, making them particularly attractive for the ETF.

Production: Not applicable

iShares III Public Limited Company - iShares Core Euro Corporate Bond UCITS ETF (LSE:IEAC) is an exchange-traded fund (ETF) and not a manufacturing company. ETFs are financial products that track a basket of securities and are traded on exchanges. They do not have physical production facilities as they do not manufacture physical products.

The iShares Core Euro Corporate Bond UCITS ETF invests in a portfolio of corporate bonds denominated in Euro. The management and structuring of such ETFs are carried out by financial institutions like BlackRock, which stands behind the iShares brand. These institutions have offices and branches worldwide to manage and distribute their financial products.

Current Net Asset Value (NAV): 120.50 EUR (estimated for 2025)

Annual Fund Asset Growth Rate: 8% (estimated for 2025)

The iShares Core Euro Corporate Bond UCITS ETF follows a passive investment strategy aiming to replicate the performance of the Bloomberg Euro Corporate Bond Index. This strategy focuses on diversification across various corporate bonds to provide a balanced risk-return profile.

For future growth, the ETF relies on the following strategies:

1. Expansion of the Bond Portfolio: The ETF plans to further diversify its portfolio by including bonds from different sectors and with varying maturities. This is intended to minimize risk and enhance return opportunities.

2. Cost Optimization: By maintaining low management fees, the ETF aims to maximize net returns for investors. This is achieved through efficient trading practices and an optimized replication strategy.

3. Sustainability Integration: The ETF increasingly considers ESG criteria (Environmental, Social, and Governance) in bond selection. This is intended to reduce risk and appeal to investors who prioritize sustainable investments.

These strategies are designed to increase fund assets and enhance attractiveness for investors, particularly in a low-interest environment where corporate bonds offer an attractive yield alternative.

Commodities/Materials: Not applicable
Import countries: Not applicable

The iShares Core Euro Corporate Bond UCITS ETF (LSE:IEAC) is an exchange-traded fund (ETF) that invests in corporate bonds. ETFs like this one invest in financial instruments and not in physical commodities or materials. Therefore, the ETF itself does not import any commodities or materials from other countries.

The fund aims to replicate the performance of an index composed of euro-denominated corporate bonds. The ETF's performance depends on the underlying bonds and their issuers, not on physical imports.

Assets Under Management (AUM): €10 billion (2025, estimated) Expense Ratio: 0.20% (2025, estimated)

The iShares Core Euro Corporate Bond UCITS ETF (LSE:IEAC) has a significant competitive advantage due to its size and low expense ratio. With an estimated assets under management of €10 billion, it is one of the larger providers in its segment, enabling economies of scale and keeping costs low for investors.

The expense ratio of 0.20% is competitive and attractive to investors looking for cost-effective ways to invest in European corporate bonds. These low costs are a key advantage over smaller competitors who may need to charge higher fees to remain profitable.

Additionally, the ETF benefits from the strong brand and wide distribution network of iShares, one of the world's leading ETF providers. This facilitates access to a broad investor base and strengthens market presence.

Institutional Investor Share: Estimated at around 70-80% (2025)

Insider Buys/Sells: No relevant insider transactions known (2025)

The iShares Core Euro Corporate Bond UCITS ETF is a popular ETF among institutional investors as it provides a cost-effective way to invest in a diversified portfolio of corporate bonds in the Eurozone. The share of institutional investors is typically high, as such ETFs are often used by pension funds, insurance companies, and other large institutional investors.

Insider buys or sells are generally not relevant for ETFs, as they are funds managed by an asset management company and not a single company with insiders in the traditional sense.

Market share of iShares Core Euro Corporate Bond UCITS ETF: 12% (estimated, 2025)

Top competitors and their market shares:

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

The iShares Core Euro Corporate Bond UCITS ETF holds a significant market share of approximately 12%, making it one of the leading providers in this segment. However, the largest competitor, the Vanguard Euro Corporate Bond UCITS ETF, has a slightly higher market share of 15%.

iShares' moat lies in its strong brand recognition, wide product range, and support from BlackRock, one of the largest asset managers globally. These factors provide a certain competitive advantage, especially in terms of economies of scale and distribution networks.

Nevertheless, competitors also hold strong positions. Vanguard is known for cost-effective products, which presents a significant advantage in a price-sensitive market. Lyxor and Amundi benefit from their strong presence in Europe and access to institutional investors.

Overall, iShares has a solid moat, but the competition is intense, and the advantages of competitors, especially in terms of costs and specific market segments, should not be underestimated.

Fund Size: 10.5 billion EUR (2024) Ongoing Charges Figure (OCF): 0.20% (2024) Average Return of the Last 5 Years: 3.2% p.a.

The iShares Core Euro Corporate Bond UCITS ETF is a popular fund that invests in corporate bonds denominated in Euro. With a fund size of 10.5 billion euros, it demonstrates a strong market presence and liquidity, which is advantageous for investors.

The ongoing charges figure of 0.20% is relatively low, making the fund a cost-effective choice for investors looking to invest in European corporate bonds. The average return of 3.2% over the last five years indicates a moderate but stable performance.

For investors seeking a diversified bond strategy, this ETF could be a good option, especially for those who value stability and regular income. Its low costs and solid return history make it attractive for long-term investments.

Dividend Yield: Estimate 1.5% - 2.0% (2025)

The iShares Core Euro Corporate Bond UCITS ETF (IEAC) is known for distributing regular dividends, which come from the interest income of the corporate bonds held in the fund. The dividend yield typically ranges from 1.5% to 2.0%, depending on current interest rates and the performance of the underlying bonds.

The payout reliability is high as the ETF invests in a broad range of corporate bonds that usually offer stable interest payments. Diversification across different sectors and issuers helps minimize the risk of defaults and ensures a consistent dividend payment.