iShares Trust - iShares Systematic Bond ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of the United States. It invests directly and through derivatives in U.S. dollar-denominated investment-grade and high yield corporate bonds, mortgage-backed securities and U.S. treasury securities that have maturities between one to ten years. The fund employs long/short strategy and uses derivatives such as futures to create its portfolio. It seeks to track the performance of the Bloomberg U.S. Universal Index and the BlackRock Universal Systematic Bond Index, by using representative sampling technique. iShares Trust - iShares Systematic Bond ETF was formed on February 24, 2015 and is domiciled in the United States.