(DDBB) iShares Development Bank - Ratings and Ratios

The investment objective of the iShares Development Bank Bonds UCITS ETF (Acc) USD (SW:DDBB) is to provide investors with a total return, comprising both capital and income returns, by tracking the performance of the FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index. The fund offers currency-hedged share classes designed to mitigate the impact of exchange rate fluctuations by entering into foreign exchange contracts for currency hedging.

The ETF invests primarily in fixed-income securities issued by multilateral development banks, such as the World Bank and the Asian Development Bank, focusing on investment-grade bonds. These institutions typically finance projects in emerging markets, offering exposure to a diversified portfolio of development-related debt instruments. The fund is listed in Switzerland and is categorized under USD Government Bonds, targeting investors seeking low-risk income and diversification within the fixed-income space.

Based on and , the funds average volume over 20 days stands at 18,182 units, with a last price of $5.24. The SMA 20, SMA 50, and SMA 200 are $5.20, $5.17, and $5.14, respectively, indicating a slight upward trend. The ATR of 0.01 reflects low volatility. The AUM is $31.49M USD, suggesting moderate scale for a niche ETF.

Over the next 3 months, the ETF is expected to maintain its current range, with potential for slight appreciation due to its low volatility and stable asset base. The funds performance will likely remain closely aligned with its benchmark index, supported by the strength of its underlying securities and the ongoing demand for investment-grade debt instruments.