iShares USD TIPS UCITS ETF GBP Hedged (Dist) is an exchange-traded fund that tracks the Bloomberg US Government Inflation-Linked Bond (GBP Hedged) index, focusing on US Treasury Inflation-Protected Securities (TIPS). These TIPS adjust their principal value in response to US inflation rates, providing protection against rising prices while offering fixed real yields. The ETF employs a sampling technique to replicate the index by holding a selection of 49 key constituents, primarily US government bonds with maturities averaging around 7.53 years and an effective duration of 6.74 years. Domiciled in Ireland and launched on 5 March 2018, it manages approximately EUR 1,235 million in assets with a low total expense ratio of 0.12% per annum. Currency hedging to British Pound (GBP) minimizes exchange rate fluctuations for GBP-based investors. As a distributing fund, it pays quarterly dividends, with a recent yield around 4.62%, derived from bond coupons. This ETF plays a key role in fixed-income portfolios, offering inflation-hedged exposure to US Treasuries within the government bond sector, emphasizing capital preservation and income generation amid varying economic conditions.