The iShares II plc - iShares $ Tips 0-5 UCITS ETF is designed to track the performance of an index composed of US Treasury Inflation-Protected Securities (TIPS) with maturities between zero and five years. These government-issued bonds adjust their principal value in response to changes in the Consumer Price Index. This ETF is part of US company BlackRock's iShares ETF collection.
This ETF primarily holds US dollar-denominated, inflation-linked government bonds. Its main purpose is to offer investors an investment vehicle that aims to protect capital against inflation through exposure to short-duration US Treasury TIPS.
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