This section includes investor type descriptions for professional clients and market counterparties.
Professional client
A Professional Client is either: (i) a ‘deemed’ professional client; (ii) serviced-based professional client; or (iii) an assessed professional Client
(i) Deemed Professional Client
A person is a “deemed” professional client if the person is:
(ii) Service-based Professional Clients
A person is a ‘serviced-based’ professional client if
(iii) Assessed-based Professional Clients
Assessed-based professional clients can be either (i) individuals; or (ii) undertakings
Individuals
An individual (and associated joint account holders) would be classified as an ‘assessed-based professional client’ if:
Where there is a joint account in place, the secondary account holder must obtain confirmation in writing that investment decisions relating to the joint account are made for or on behalf of the secondary account holder
Undertakings
Undertakings, which are generally not individuals, would be classified as ‘assessed-based’ professional clients if it:
Market counterparties
A Market Counterparty is any person who is either:
Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
Important Information: Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. ETFs trade on exchanges like stocks and are bought and sold at market prices which may be different to the net asset values of the ETFs. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due. The currency hedging is designed to reduce, but cannot eliminate the impact of currency movements between the Base Currency and the currencies in which some or all of the underlying investments are transacted. Depending on the exchange rates, this may have a positive or negative impact on the performance of the Fund.This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 4.3 | -1.9 | 4.7 | 3.2 | -1.6 | 8.6 | 11.3 | 5.9 | -12.7 | 3.8 |
Benchmark (%) | 4.4 | -1.7 | 4.8 | 3.3 | -1.5 | 8.8 | 11.5 | 6.0 | -12.6 | 3.8 |
From 30-Sep-2019 To 30-Sep-2020 |
From 30-Sep-2020 To 30-Sep-2021 |
From 30-Sep-2021 To 30-Sep-2022 |
From 30-Sep-2022 To 30-Sep-2023 |
From 30-Sep-2023 To 30-Sep-2024 |
|
---|---|---|---|---|---|
Total Return (%)
as of 30-Sep-2024 |
10.33 | 4.97 | -12.34 | 1.18 | 9.80 |
Benchmark (%)
as of 30-Sep-2024 |
10.56 | 5.08 | -12.26 | 1.24 | 9.85 |
1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) | 9.80 | -0.88 | 2.43 | 2.42 | 3.44 |
Benchmark (%) | 9.85 | -0.82 | 2.54 | 2.55 | 3.63 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 4.84 | 1.52 | 4.18 | 4.96 | 9.80 | -2.62 | 12.78 | 27.07 | 82.81 |
Benchmark (%) | 4.87 | 1.51 | 4.18 | 4.98 | 9.85 | -2.43 | 13.36 | 28.65 | 88.58 |
The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past
Share Class and Benchmark performance displayed in USD, hedged share class benchmark performance is displayed in USD.
Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.
The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock
To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.
Austria
Chile
Czech Republic
Denmark
Estonia
Finland
France
Germany
Hungary
Ireland
Israel
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Netherlands
Norway
Poland
Portugal
Saudi Arabia
Singapore
Slovak Republic
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
Issuer | Weight (%) |
---|---|
UNITED STATES TREASURY | 99.87 |
Issuer Ticker | Name | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Nominal | Par Value | ISIN | Price | Location | Exchange | Duration | Maturity | Coupon (%) | Market Currency | Effective Date |
---|
Securities lending is an established and well regulated activity in the investment management industry. It involves the transfer of securities (such as shares or bonds) from a Lender (in this case, the iShares fund) to a third-party (the Borrower). The Borrower will give the Lender collateral (the Borrower’s pledge) in the form of shares, bonds or cash, and will also pay the Lender a fee. This fee provides additional income for the fund and thus can help to reduce the total cost of ownership of an ETF.
At BlackRock, securities lending is a core investment management function with dedicated trading, research and technology capabilities. The lending programme is designed to deliver superior absolute returns to clients, whilst maintaining a low risk profile. Funds participating in securities lending retain 62.5% of the income, while BlackRock receives 37.5% of the income and covers all the operational costs resulting from securities lending transactions.
From 30-Jun-2014 To 30-Jun-2015 |
From 30-Jun-2015 To 30-Jun-2016 |
From 30-Jun-2016 To 30-Jun-2017 |
From 30-Jun-2017 To 30-Jun-2018 |
From 30-Jun-2018 To 30-Jun-2019 |
From 30-Jun-2019 To 30-Jun-2020 |
From 30-Jun-2020 To 30-Jun-2021 |
From 30-Jun-2021 To 30-Jun-2022 |
From 30-Jun-2022 To 30-Jun-2023 |
From 30-Jun-2023 To 30-Jun-2024 |
|
---|---|---|---|---|---|---|---|---|---|---|
Securities Lending Return (%) | 0.10 | 0.10 | 0.12 | 0.12 | 0.08 | 0.05 | 0.03 | 0.02 | 0.04 | 0.05 |
Average on-loan (% of AUM) | 43.72 | 45.58 | 71.57 | 89.38 | 74.02 | 51.76 | 47.40 | 31.30 | 66.89 | 72.50 |
Maximum on-loan (% of AUM) | 51.37 | 56.54 | 95.00 | 96.00 | 94.81 | 65.05 | 85.19 | 70.12 | 83.65 | 85.75 |
Collateralisation (% of Loan) | 111.21 | 108.84 | 109.81 | 110.05 | 109.74 | 108.61 | 108.68 | 109.67 | 109.60 | 109.08 |
Ticker | Name | Asset Class | Weight % | ISIN | SEDOL | Exchange | Location |
---|
Collateral Types | |||
---|---|---|---|
Loan Type | Equities | Government, Supranational and Agency Bonds | Cash (Not for Reinvestment) |
Equities | 105%-112% | 105%-106% | 105%-108% |
Government Bonds | 110%-112% | 102.5%-106% | 102.5%-105% |
Corporate Bonds | 110%-112% | 104%-106% | 103.5%-105% |
We also accept selected physically replicating Equity, Government Bond, Credit and Commodity ETFs as collateral.
Collateral parameters depend on the collateral and the loan combination, and the over collateralisation level may range from 102.5% to 112%. In this context, “Over Collateralisation” means that the aggregate market value of collateral
taken will exceed the overall on-loan value. Collateral parameters are reviewed on an ongoing bases and are subject to change.
With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.
Exchange | Ticker | Currency | Listing Date | SEDOL | Bloomberg Ticker | RIC |
---|---|---|---|---|---|---|
London Stock Exchange | ITPS | GBP | 11-Dec-2006 | B1G52W1 | ITPS LN | ITPS.L |
Euronext Amsterdam | TPSA | EUR | 21-Nov-2008 | B3DD6W0 | TPSA NA | TIPS.AS |
Bolsa De Valores De Colombia | IDTP | COP | 19-Sep-2023 | BN71ML1 | IDTP CB | - |
Deutsche Boerse Xetra | IUST | EUR | 15-Mar-2007 | BR17B38 | IUST GY | IUST.DE |
London Stock Exchange | IDTP | USD | 11-Dec-2006 | B1GJFH9 | IDTP LN | IDTP.L |
Bolsa Mexicana De Valores | IDTP | MXN | 11-Aug-2017 | B537YB1 | IDTPN MM | - |
Borsa Italiana | ITPS | EUR | 20-Mar-2007 | B1KR0D0 | ITPS IM | ITPS.MI |
Santiago Stock Exchange | IDTP | USD | 14-Sep-2022 | BQ9BG52 | IDTP | - |
SIX Swiss Exchange | ITPS | USD | 16-Apr-2007 | B1S5768 | ITPS SW | ITPS.S |
Tel Aviv Stock Exchange | 1159060 | ILS | 03-Sep-2019 | BK8Y9T5 | iSFF202 IT | iSFF202.TA |