1. Exposure to investment grade corporate (ex-financial) bonds that mature between April 2015 and March 2016
2. Combine the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock
3. Use to seek income, build a bond ladder, and manage interest rate risk
The legal name of this fund is the iShares® iBonds® Mar 2016 Corporate ex-Financials ETF.