{"id":62298,"date":"2025-09-29T10:05:35","date_gmt":"2025-09-29T09:05:35","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=62298"},"modified":"2025-09-29T14:05:46","modified_gmt":"2025-09-29T13:05:46","slug":"blackrock-launches-ishares-broad-corp-bond-ucits-etf-gbp-hedged-dist-on-london-stock-exchange","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/blackrock-launches-ishares-broad-corp-bond-ucits-etf-gbp-hedged-dist-on-london-stock-exchange\/","title":{"rendered":"BlackRock Launches iShares Broad $ Corp Bond UCITS ETF GBP-Hedged (Dist) on London Stock Exchange"},"content":{"rendered":"
BlackRock has officially listed its latest fixed income offering\u2014the iShares Broad $ Corp Bond UCITS ETF GBP-Hedged (Dist)<\/strong> on the London Stock Exchange.<\/strong><\/h5>\n

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By ETFWorld.co.uk<\/strong><\/p>\n

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Jane Sloan, EMEA Head of Global Product Solutions at BlackRock<\/strong><\/p>\n

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The new ETF provides UK-based investors with targeted exposure to US dollar-denominated investment-grade corporate bonds<\/strong>, while mitigating currency risk through a GBP-hedging strategy<\/strong>. This structure is designed to appeal to sterling-based investors seeking stable income and capital preservation in a rising interest rate environment, without the added volatility of USD\/GBP exchange rate fluctuations.<\/p>\n

Benchmark and Investment Approach<\/h3>\n

The fund tracks the Bloomberg Global Aggregate Corporate \u2013 United States Dollar Index<\/strong>, a market-value-weighted benchmark comprising investment-grade corporate bonds issued in USD. To qualify for inclusion, bonds must have at least USD 300 million<\/strong> in outstanding par value, one year or more to maturity<\/strong>, and a minimum credit rating of Baa3\/BBB\u2212<\/strong> from at least one of the major rating agencies (Moody\u2019s, S&P, or Fitch) [[PDF]].<\/p>\n

As a passively managed UCITS ETF<\/strong>, the fund employs optimisation techniques\u2014including the selective use of financial derivative instruments (FDIs)<\/strong> such as FX forwards\u2014to replicate index performance efficiently. The fund also engages in securities lending<\/strong>, with 62.5% of generated revenue returned to the fund to help offset ongoing costs [[PDF]].<\/p>\n

Distribution and Cost Profile<\/h3>\n

This is a distributing share class<\/strong>, with income paid semi-annually<\/strong>\u2014a feature likely to attract income-focused UK retail and institutional investors. The ETF carries an ongoing charge of just 0.10%<\/strong>, positioning it competitively within the GBP-hedged corporate bond ETF segment [[PDF]].<\/p>\n

Risk Considerations<\/h3>\n

The fund is assigned a risk indicator of 4 out of 7<\/strong>, reflecting typical fixed income risks such as interest rate sensitivity<\/strong>, credit risk<\/strong>, and liquidity constraints<\/strong>. While the currency hedge aims to neutralise FX volatility, BlackRock cautions that it may not eliminate all currency-related performance deviations [[PDF]].<\/p>\n

Strategic Context<\/h3>\n

With UK investors increasingly seeking high-quality, income-generating assets<\/strong> amid economic uncertainty, the launch of ICGP fills a strategic gap in BlackRock\u2019s GBP-hedged fixed income suite. The timing aligns with broader market demand for low-cost, transparent, and liquid<\/strong> access to global credit markets\u2014particularly as the Bank of England navigates its own monetary policy trajectory distinct from the US Federal Reserve.<\/p>\n\n\n\n\n\n\n\n\n
Product Name<\/td>\niShares Broad $ Corp Bond UCITS ETF GBP-Hedged (Dist)<\/strong><\/span><\/td>\n<\/tr>\n
ISIN<\/td>\n\n
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IE000J4DNAA7<\/div>\n<\/div>\n<\/td>\n<\/tr>\n
SEDOL<\/td>\nBTJZB72<\/td>\n<\/tr>\n
Currency<\/td>\nGBP<\/td>\n<\/tr>\n
Management Fee<\/td>\n0.10%<\/td>\n<\/tr>\n
Benchmark<\/td>\nBBG Global Aggregate Corporate Index, USD only<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

 <\/p>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

BlackRock has officially listed its latest fixed income offering\u2014the iShares Broad $ Corp Bond UCITS ETF GBP-Hedged (Dist) on the London Stock Exchange.<\/p>\n","protected":false},"author":4,"featured_media":61207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"default","_google_business_share_type":"default","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[197,144],"class_list":["post-62298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-blackrock","tag-ishares"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=62298"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62298\/revisions"}],"predecessor-version":[{"id":62299,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62298\/revisions\/62299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/61207"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=62298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=62298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=62298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}