iShares $ Corp Bond ESG SRI UCITS ETF (SUOU.AS) is an exchange-traded fund that seeks to track the performance of the Bloomberg MSCI US Corporate ESG SRI Index, providing investors with total return through capital growth and income from USD-denominated, investment-grade corporate bonds screened for environmental, social, and governance (ESG) criteria. The fund offers exposure to a diversified portfolio of corporate bonds issued by sectors including industrials, utilities, and financials, with top holdings such as JPMorgan Chase & Co., Bank of America Corp., and Morgan Stanley; it distributes income semi-annually and maintains a low ongoing charge of 0.15%. Launched on March 4, 2020, and domiciled in Ireland as part of BlackRock's iShares platform headquartered in New York, the ETF trades primarily on Euronext Amsterdam in USD (SUOU), with additional listings on Xetra (36BE in EUR) and SIX Swiss Exchange (SUOU in USD), and is available to investors across Europe including Germany, Netherlands, Switzerland, Italy, and the United Kingdom.
The fund focuses on sustainable investment-grade bonds from U.S. issuers, targeting institutional and retail investors seeking ESG-aligned fixed income exposure in the USD corporate bond market. It emphasizes SRI (Socially Responsible Investment) exclusions and ESG scoring to align with sustainability preferences while tracking the benchmark's total return net of withholding taxes.
In recent developments, a new EUR-denominated trading line (SUOD.AS) launched on Euronext Amsterdam effective December 1, 2025, expanding currency access for European investors. Notices indicate that one or more trading lines may face delisting or cancellation around the same date, with shareholders directed to a letter for details, though core share classes remain active. The fund continues to grow its assets under management, reaching approximately 306 million GBP in share class size, amid BlackRock's broader ETF rationalization efforts across European exchanges in 2025.