iShares $ Floating Rate Bond UCITS ETF MXN Hedged (Acc) (0A0A)

Profile

https://oci-global.com

iShares $ Floating Rate Bond UCITS ETF MXN Hedged (Acc) is an exchange-traded fund that seeks to track the performance of an index comprising short-maturity, US Dollar-denominated investment grade corporate bonds, with currency hedging to the Mexican Peso and an accumulating share class. Its primary function is to provide investors with diversified exposure to USD floating rate notes, where interest payments adjust dynamically to changes in interest rates, offering protection against rate fluctuations while minimizing interest rate risk through a low effective duration of approximately 0.02 years and average weighted maturity of 1.84 years. The ETF holds a portfolio of around 483 securities, including prominent issuers such as the International Bank for Reconstruction and Development, Inter-American Development Bank, and European Bank for Reconstruction and Development, focusing on high-quality investment grade credits from corporate and supranational sectors. Domiciled in Ireland and physically replicated, it features a total expense ratio of 0.15% and is listed in MXN on platforms like Cboe Europe and Bolsa Mexicana de Valores. In the financial markets, this ETF plays a key role in fixed income strategies, delivering total return potential from both capital appreciation and income in a low-duration, floating-rate segment suitable for interest rate-sensitive portfolios.