iShares Overseas Corporate Bond Index
Balance your portfolio with bonds which are generally a lower risk and lower return option than shares. Big companies borrow cash from people like you to fund their growth, and you get interest and the loan repaid, like an IOU.
This fund invests in over 4000 well-known global entities like JP Morgan Chase & Co, Comcast, CVS Health and Bank of America.
The underlying fund is called iShares Overseas Corporate Bond Index Fund (UK) and aims to track the Barclays Global Aggregate Corporate Index.