iShares € AAA CLO Active UCITS ETF EUR (Acc)

The Fund is actively managed and aims to provide a total return, comprising income and capital, by investing in a portfolio predominantly of Euro-denominated AAA-rated collateralized loan obligations (CLOs). The Fund will invest a minimum of 80% in AAA-rated CLOs and may invest up to 20% in tranches of CLOs rated at least A-. The Fund is actively managed and the IM has discretion to select the Funds investments without reference to a benchmark. Investors may use the J.P. Morgan Euro CLOIE AAA Index to compare the performance of the Fund.