iShares ISEC ETF (ASX:ISEC)
The iShares ISEC ETF provides investors with exposure to higher-yielding, short-term money market instruments, including floating rate notes. ISEC seeks to outperform the S&P/ASX Bank Bill Index (before fees and expenses).
What does the ISEC invest in?
ISEC employs a passive investment strategy and invests in a diversified portfolio of higher-yielding, high-quality, short-term money market instruments. Some of ISEC’s top issuers include Wesfarmers Ltd (ASX: WES), Suncorp Group Ltd (ASX: SUN) and HSBC.
What do investors use ISEC for?
Investors could use the ISEC ETF in an attempt to achieve capital preservation and/or create a maximised, regular income stream from the monthly distributions offered by this ETF.
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