iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG)

The iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) is an index fund from BlackRock's iShares family focused on euro-denominated investment-grade corporate debt.

The fund tracks an index of investment-grade bonds issued in euros by corporations across sectors such as financials, industrials and utilities, spanning a range of maturities. It holds the bonds directly and uses currency forwards to hedge euro exposure into U.S. dollars, aiming to strip out most of the impact of exchange-rate movements on returns.

EUIG is passively managed and gives U.S. dollar-based investors a convenient way to diversify their corporate bond holdings into the European investment-grade credit market while keeping returns largely in dollar terms.