GAAA
•
Fixed Income
ISHARES GLOBAL AAA-AA GOVT BOND UCITS ETF USD (ACC)
TER (bps):
20
AUM (USD m):
29
ISIN:
IE00BZ171348
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The Bloomberg Global Government AAA-AA Capped Bond Index measures the performance of local currency bonds issued by governments of developed countries worldwide. The bonds will have a minimum average credit rating of Aa3 by Moody’s, AA- by S&P and/or AA- by Fitch, the leading credit rating agencies. The maximum market value weight for a country with government debt rated AAA (or its equivalent) is capped at 20%, while a country with government debt rated AA (or its equivalent) is capped at 10%. Any market value weight in excess of the relevant cap is redistributed pro rata among the government debt issues of the remaining countries, subject to the above caps.
PERFORMANCE
RELATED ARTICLES
No related articles to show.