The iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc) (IB01) is an Ireland-domiciled fixed-income ETF managed by BlackRock and traded on the London Stock Exchange.

The fund seeks to track the performance of the ICE U.S. Treasury Short Bond Index, a benchmark composed of U.S. dollar-denominated Treasury securities with remaining maturities between zero and one year.

IB01 provides exposure to ultra-short-term U.S. government bonds. The ETF follows a passive investment strategy and uses physical replication through a sampling methodology to track its benchmark. It operates under the UCITS framework and follows an accumulating income policy.

The ICE U.S. Treasury Short Bond Index includes U.S. dollar-denominated securities issued by the U.S. Treasury with remaining maturities of less than one year. The benchmark is rebalanced monthly, allowing its composition to adjust as securities approach maturity and new issues become eligible.

Composition / Exposure Profile

IB01 primarily provides exposure to:

• U.S. Treasury securities.

• U.S. dollar-denominated government bonds.

• Securities with remaining maturities between zero and one year.

• Ultra-short-term sovereign fixed income.

The fund's geographic exposure is concentrated in the United States because its benchmark consists of securities issued by the U.S. Treasury.

By investing in securities with short remaining maturities, the fund has relatively low sensitivity to interest-rate movements compared with longer-duration bonds. Its performance, however, remains primarily influenced by conditions in the U.S. interest-rate market.

Structure and Costs

IB01 trades in U.S. dollars on the London Stock Exchange. Both the fund's base currency and the share class currency are the U.S. dollar.

The ETF has a total expense ratio (TER) of 0.07% per year and uses a physical structure with a sampling methodology. IB01 is domiciled in Ireland, operates under the UCITS framework, and is managed by BlackRock Asset Management Ireland Limited.

IB01 is an accumulating share class, meaning interest and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc) (IB01) was launched in 2019 by BlackRock to provide exposure to U.S. Treasury securities with remaining maturities between zero and one year.

Since its launch, the fund has maintained a passive strategy linked to the ICE U.S. Treasury Short Bond Index, focusing its portfolio on ultra-short-term U.S. government securities.

Throughout its history, IB01's performance has primarily reflected conditions in the U.S. fixed-income market and changes in short-term interest rates.

Additional Information

iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc) (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $14.53 billion.

Over the past 12 months, iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc) recorded a return of 3.77%, with its price trading between $117.14 and $121.56 during the same period.

The ETF is traded under the ticker IB01.