iShares III Public Limited Company - iShares £ Corporate Bond ex-Financials UCITS ETF is an exchange traded fund launched by BlackRock Asset Management Ireland Limited. The fund is co-managed by BlackRock Financial Management Inc., BlackRock (Singapore) Limited, and BlackRock Advisors (UK) Limited. It invests in the fixed income markets across the globe. The fund invests in Sterling denominated, fixed-rate corporate bonds issued by non-financial companies with a minimum remaining time to maturity of one year. It invests in investment grade securities that are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's. The fund seeks to replicate the performance of the Markit iBoxx GBP Non-Financials Index, by employing representative sampling methodology. It was formerly known as iShares III Public Limited Company - iShares Markit iBoxx £ Corporate Bond ex-Financials. iShares III Public Limited Company - iShares £ Corporate Bond ex-Financials UCITS ETF was formed on September 25, 2009 and is domiciled in Ireland.