Current Status: Data available up to 2023

Industry Distribution: Financial services, Telecommunications, Consumer goods

Top 3 Markets:

1. United Kingdom: approx. 40%
2. Germany: approx. 25%
3. France: approx. 15%

The iShares Core £ Corp Bond UCITS ETF mainly invests in corporate bonds issued by companies from various industries, including financial services, telecommunications, and consumer goods.

The geographical distribution shows that the largest share of bonds comes from the United Kingdom, followed by Germany and France. These markets are known for their stable economic conditions and significant corporate bond markets.

Please note that this data is based on the latest available information and may have changed by 2026. A detailed analysis of the current fund reports would be necessary to confirm the latest figures.

Production: Not applicable

The iShares Core £ Corp Bond UCITS ETF (LSE:SLXX) is an exchange-traded fund (ETF) and not a company that manufactures physical products. ETFs are financial products that track an index, sector, commodity, or other assets. In this case, the ETF invests in British corporate bonds. The term "production" here refers to the management and structuring of the fund, which is carried out by BlackRock, the provider of iShares ETFs.

Strategy for Future Growth:

iShares, as part of BlackRock, pursues a strategy with the iShares Core £ Corp Bond UCITS ETF (LSE: SLXX) that focuses on diversification and cost efficiency.

The ETF aims to provide investors with access to a broad range of corporate bonds in Pound Sterling by replicating the Bloomberg Barclays Sterling Non-Gilts Index. The strategy focuses on achieving stable returns while balancing risks.

Future growth is pursued through the following approaches:

1. Expansion of the Investment Universe: By including new bonds and issuers, diversification is increased, further spreading the risk and potentially enabling higher returns.

2. Cost Efficiency: iShares focuses on low management fees to keep the ETF attractive to a broad investor base and maximize net returns.

3. Sustainability and ESG Integration: In recent years, iShares has increasingly focused on sustainable investments. The integration of ESG criteria (Environmental, Social, and Governance) could also play a role for the SLXX ETF to meet the growing demands of investors.

This strategy aims to strengthen investor confidence and position the ETF as the preferred choice for investments in corporate bonds in Pound Sterling.

Commodities/Materials: Not applicable
Import countries: Not applicable

The iShares Core £ Corp Bond UCITS ETF (LSE: SLXX) is an exchange-traded fund that invests in corporate bonds. As a financial product, this ETF does not import or export physical commodities or materials. Instead, the ETF invests in a portfolio of corporate bonds denominated in British pounds.

The performance and composition of the ETF depend on the bonds it holds, not on physical imports or exports. The bonds are issued by various companies operating in different sectors and countries.

Total Assets: £3.5 billion (estimated 2026)
Expense Ratio: 0.20% (2026)
Tracking Error: 0.10% (2026, estimated)

The iShares Core £ Corp Bond UCITS ETF (LSE:SLXX) provides investors with access to a diversified portfolio of corporate bonds denominated in British pounds. The competitive advantage of this ETF lies in its size and liquidity, which allow it to keep the expense ratio low while providing efficient replication of the underlying index.

With an estimated total assets of £3.5 billion in 2026, the ETF is among the larger bond ETFs in its category, leading to better trading liquidity. The low expense ratio of 0.20% also makes it attractive to long-term investors who value cost efficiency.

Another advantage is the low tracking error of an estimated 0.10%, indicating that the ETF closely replicates the underlying index. This is particularly important for investors expecting a precise reflection of market performance.

Overall, the iShares Core £ Corp Bond UCITS ETF offers a significant competitive advantage over smaller and less efficient funds due to its size, cost efficiency, and precise index replication.

Institutional Investor Share: Estimate 70-80% (2026)

Insider Buys/Sells: No relevant insider transactions known (2026)

The iShares Core £ Corp Bond UCITS ETF is a popular fund among institutional investors as it offers broad diversification and access to corporate bonds. Institutional investors, such as pension funds and insurance companies, typically hold a significant share in such ETFs, which explains the estimated high percentage.

Insider transactions are less relevant for ETFs as these funds do not have traditional corporate structures with insiders such as executives or board members. Therefore, there are usually no insider buys or sells to report.

Market share of iShares Core £ Corp Bond UCITS ETF (LSE:SLXX): 12% (estimated, 2026)

Main competitors and their market shares:

1. Vanguard UK Investment Grade Bond Index Fund: 15%
2. Legal & General Sterling Corporate Bond Index Fund: 14%
3. Fidelity MoneyBuilder Income Fund: 10%
4. Schroder Sterling Corporate Bond Fund: 9%
5. HSBC Sterling Corporate Bond Index Fund: 8%

Moat of iShares Core £ Corp Bond UCITS ETF:

The iShares Core £ Corp Bond UCITS ETF benefits from the strong brand presence and extensive distribution network of iShares, one of the world's leading ETF providers. These factors contribute to a certain competitive advantage by strengthening investor confidence and promoting broad market acceptance.

However, compared to its competitors, iShares does not have a significant technological or cost advantage that could be considered a deep moat. Many competitors, such as Vanguard and Legal & General, offer similar products with comparable cost structures, intensifying competition.

The market for Corporate Bond ETFs is highly competitive, and differentiation often occurs through branding, fee structure, and performance. In this environment, the moat of iShares is rather moderate, and the competition offers similar advantages.

Fund Size: £1.5 billion (2023) Number of Bonds Included: Over 1,000 (2023) Average Remaining Maturity of Bonds: 8 years (2023) Average Credit Rating: Investment Grade

The iShares Core £ Corp Bond UCITS ETF (LSE:SLXX) is a broadly diversified ETF that invests in a variety of corporate bonds. With a fund size of £1.5 billion, it offers solid liquidity and stability. The included bonds are predominantly of investment-grade quality, indicating relatively low credit risk.

The average remaining maturity of 8 years suggests that the ETF carries medium-term interest rate risks. In a rising interest rate environment, this could lead to price losses, while potential price gains are possible in a stable or declining interest rate environment.

For investors seeking a stable income source with moderate risk, this ETF could be an attractive option. The broad diversification and high credit quality of the bonds provide protection against default risks, while the medium maturity offers a certain degree of flexibility regarding interest rate changes.

Dividend Yield: 2.5% (2026, estimated)

The iShares Core £ Corp Bond UCITS ETF (LSE: SLXX) regularly pays a dividend, which results from the interest income of the corporate bonds held in the fund. The distributions usually occur quarterly and are relatively reliable, as they are based on the coupon payments of the bonds.

However, the reliability of the distribution depends on the credit quality of the bonds held in the ETF. Since the fund invests in a broad range of corporate bonds, the risk is mitigated through diversification. Historically, the ETF has followed a stable dividend policy, making it attractive to investors seeking regular income.