BlackRock launches new corporate bonds ETF with a focus on sustainability
BlackRock has launched a new iShares ETF on Xetra and Börse Frankfurt providing access to corporate bonds with a focus on sustainability.
The iShares $ Corp Bond ESG UCITS ETF USD (Acc), allows investors to participate in the performance of fixed-income corporate bonds denominated in US dollars. The investment universe includes bonds with investment grade status, a minimum residual maturity of one year and a minimum outstanding amount of USD300 million.
The benchmark index excludes companies whose products have a negative social or environmental impact. These include producers of alcohol, tobacco, gambling, adult entertainment, genetically modified organisms, nuclear power and weapons. The returns are reinvested.