iShares iBonds Dec 2029 Term $ High Yield Corp UCITS ETF

iShares iBonds Dec 2029 Term $ High Yield Corp UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IU29 (ISIN IE00094KNQN4). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread across its target market. Its largest holdings include ECHOSTAR CORP, BLK ICS USD LEAF AGENCY DIST and AADVANTAGE LOYALTY IP LTD 144A. With about 279 holdings (the ten largest ≈ 13.2%), your money is diversified rather than concentrated in a handful of names. By geography it is weighted towards ~84.5% United States, ~3.8% United Kingdom and ~2.7% Canada. Its heaviest sectors are ~98.3% Corporate and ~1.9% Other. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 4% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2025. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)