iShares iBonds Dec 2027 Term € Corp UCITS ETF

What this fund is

iShares iBonds Dec 2027 Term € Corp UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker CEBD (ISIN IE000H5X52W8). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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 VOLKSWAGEN INTERNATIONAL FINANCE N RegS, CREDIT AGRICOLE SA RegS and MORGAN STANLEY MTN. With about 371 holdings (the ten largest ≈ 6.6%), your money is diversified rather than concentrated in a handful of names.

By geography it is weighted towards ~20.1% France, ~18% Germany and ~15.9% United States. By industry it concentrates most in ~100% Corporate and ~0% 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 0.12% a year — about €12 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 2.89% (its trailing yield).

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 EUR. Its price has swung about 1% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2023. 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.)