iShares $ Corp Bond ESG SRI​ UCITS ETF

What this fund is

iShares $ Corp Bond ESG SRI​ UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker SUOP (ISIN IE00BMWPV702). 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 BLK ICS USD LEAF AGENCY DIST, WELLS FARGO & COMPANY MTN and WELLS FARGO & COMPANY MTN. It holds around 5182 positions (the ten largest ≈ 1.6%), spreading risk so no single holding decides your outcome.

By geography it is weighted towards ~84.9% United States, ~4.8% United Kingdom and ~3% Japan. By industry it concentrates most in ~100.8% Corporate and ~0.3% 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 0.17% a year — about €17 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 2.35% (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 GBP. Its price has swung about 5.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2021. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)