iShares V plc announced Monday the closure of the iShares iBonds Dec 2026 Term $ Corp UCITS ETF, a fixed-income product targeting U.S. corporate bonds maturing in December 2026.
Trading in the fund, also referenced as the iShares iBonds Dec 2026 Term $ Corp UCITS USD Acc, will end on December 23, 2026. The ETF will then undergo compulsory redemption of all outstanding shares.
Shareholders holding positions as of December 31, 2026 will have their shares redeemed without further notice, according to the announcement. The final primary market dealing date is set for December 29, 2026, with the compulsory redemption date falling on January 4, 2027. Payments to shareholders are expected on January 7, 2027.
A full shareholder letter detailing the closure process will be made available on the Financial Conduct Authority’s National Storage Mechanism website and on the official iShares website at www.ishares.com.
iShares V plc is providing investor helplines for shareholders in the United Kingdom, Germany, and Switzerland who have questions regarding the fund's wind-down.
