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LONDON - iShares plc announced Tuesday that its iShares € Corp Bond Large Cap UCITS ETF will undergo a benchmark index methodology change effective July 1, 2025.
According to a company statement, the fund’s benchmark index, Markit iBoxx EUR Liquid Corporates Large Cap Index, will reduce its required minimum issuer amount outstanding from €3.5 billion to €1 billion as of the bond selection cut-off date.
The change is being implemented by the index administrator, Markit iBoxx Indices, and will affect the fund which trades under ISIN: IE0032523478.
iShares plc indicated that a new version of the company’s prospectus will be published around the effective date of the change.
The fund company stated that an electronic copy of the full shareholder letter will be made available for inspection at the UK Financial Conduct Authority’s National Storage Mechanism and on the iShares website.
The announcement was made through a regulatory news service filing with the London Stock Exchange (LON:LSEG) on June 17, 2025.
Investors with questions regarding this index methodology change can contact iShares through regional helplines provided in the press release statement.
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