BlackRock has announced the launch of three ultra-short bond ETFs, which are the ESG equivalent of existing iShares UCITS ETFs, across dollar, euro and sterling denominated products.
The new fund iShares Ultrashort Bond ESG UCITS ETFs will offer exposure to investment grade, very short duration fixed and floating corporates across industrials, utilities and financial companies. Its ESG credentials come from an exclusionary investment style with the following issuers all excluded: controversial weapons, nuclear weapons, conventional weapons, civilian firearms, tobacco, adult entertainment, alcohol, gambling, nuclear power, genetically modified organisms, oil sands and thermal coal. BlackRock launches 'Europe's first' ESG high-yield bond ETFs Each fund will track...
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