Description
The fund is an exchange traded fund (ETF) that aims to track the performance of the Barclays Euro Government 10-15 Year Term Index as closely as possible. The ETF invests in physical index securities. The Barclays Euro Government 10-15 Year Term Index offers exposure to Euro denominated investment grade government bonds issued by EMU member states with a calculated life between ten and 15 years. Only bonds with a minimum amount outstanding of ?2 billion are included in the index. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.