Fixed Income

iShares Euro Government Inflation-Linked Bond Index Fund (IE)

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund investments may be subject to liquidity constraints, which means that shares may trade less frequently and in small volumes, for instance smaller companies. As a result, changes in the value of investments may be more unpredictable. In certain cases, it may not be possible to sell the security at the last market price quoted or at a value considered to be fairest. Inflation linked bonds are fixed interest securities where the coupon payments increase and decrease with changes in official inflation rates. Such bonds offer investors some protection against rising levels of inflation, since rising official inflation data automatically feeds through into coupon payments. However, Investors should be aware that inflation linked bonds may, under certain circumstances, offer a slightly lower coupon payment compared to other types of fixed interest securities. Also, given that these securities are not exposed to inflation rate risk, should inflation rates decrease, the value of an inflation linked bond may not increase in price as might be expected for some other sorts of bond. The fund(s) may invest in structured credit products such as asset backed securities (‘ABS’) which pool together mortgages and other debts into single or multiple series credit products which are then passed on to investors, normally in return for interest payments based on the cash flows from the underlying assets. These securities have similar characteristics to corporate bonds but carry greater risk as the details of the underlying loans is unknown, although loans with similar terms are typically packaged together. The stability of returns from ABS are not only dependent on changes in interest-rates but also changes in the repayments of the underlying loans as a result of changes in economic conditions or the circumstances of the holder of the loan. These securities can therefore be more sensitive to economic events, may be subject to severe price movements and can be more difficult and/or more expensive to sell in difficult markets.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
Total Return (%)

as of Dec 31, 2020

3.69 1.29 -1.52 6.47 3.16
Benchmark (%)

as of Dec 31, 2020

3.79 1.40 -1.46 6.56 3.13
  1Y 3Y 5Y 10y Incept.
1.45 2.95 2.52 2.39 2.74
Benchmark (%)

as of Jan 31, 2021

1.40 2.99 2.58 2.48 2.83
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
0.34 0.34 2.38 1.45 9.12 13.23 26.69 37.69
Benchmark (%)

as of Jan 31, 2021

0.33 0.33 2.39 1.40 9.24 13.56 27.74 39.06
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Mar 1, 2021 EUR 107.791
Fund Inception Date Apr 3, 2009
Share Class Inception Date Apr 3, 2009
12m Trailing Yield -
Number of Holdings as of Jan 29, 2021 37
Base Currency Euro
Asset Class Fixed Income
Morningstar Category EUR Inflation-Linked Bond
Benchmark Index BBG Barc Euro Government Inflation-Linked Bond Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.13%
ISIN IE00B4WXT857
Bloomberg Ticker BGIEGIA
Annual Management Fee 0.10%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B4WXT85
Bloomberg Benchmark Ticker BEIG1T
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 500000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2021 5.41
3y Beta as of Jan 31, 2021 0.998
5y Volatility - Benchmark as of Feb 28, 2021 4.74
5y Beta as of Jan 31, 2021 0.998

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Feb 5, 2021 A
MSCI ESG Quality Score (0-10) as of Feb 5, 2021 5.86
MSCI ESG Quality Score - Peer Percentile as of Feb 5, 2021 44.00
MSCI ESG % Coverage as of Feb 5, 2021 100.00
Fund Lipper Global Classification as of Feb 5, 2021 Bond EUR Inflation Linked
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
Funds in Peer Group as of Feb 5, 2021 50
All data is from MSCI ESG Fund Ratings as of Feb 5, 2021, based on holdings as of Sep 30, 2020. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered 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. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for iShares Euro Government Inflation-Linked Bond Index Fund (IE), Inst, as of Feb 28, 2021 rated against 149 EUR Inflation-Linked Bond Funds.

Risk Indicator

Risk Indicator

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3
4
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7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jan 29, 2021
Name Weight (%)
FRANCE (REPUBLIC OF) 1.85 07/25/2027 5.19
GERMANY (FEDERAL REPUBLIC OF) 0.5 04/15/2030 4.42
FRANCE (REPUBLIC OF) 1.8 07/25/2040 4.20
FRANCE (REPUBLIC OF) 1.1 07/25/2022 4.12
ITALY (REPUBLIC OF) 2.35 09/15/2035 4.05
Name Weight (%)
ITALY (REPUBLIC OF) 2.6 09/15/2023 4.04
FRANCE (REPUBLIC OF) 2.1 07/25/2023 3.81
FRANCE (REPUBLIC OF) 3.15 07/25/2032 3.80
FRANCE (REPUBLIC OF) 0.7 07/25/2030 3.69
ITALY (REPUBLIC OF) 2.55 09/15/2041 3.64
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 29, 2021

% of Market Value

Type Fund Benchmark Net
as of Jan 29, 2021

% of Market Value

Type Fund Benchmark Net
as of Jan 29, 2021

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Jan 29, 2021

% of Market Value

Type Fund Benchmark Net
as of Jan 29, 2021

% of Market Value

Type Fund Benchmark Net
as of Jan 29, 2021

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Inst EUR Accumulating 13.71 0.12 0.85 13.85 12.17 13.70 IE00B4WXT857 13.73 -
D EUR Accumulating 11.10 0.09 0.85 11.21 9.85 11.09 IE00BD0NC144 11.11 -
Flex EUR Accumulating 13.05 0.11 0.85 13.18 11.57 13.04 IE00B4WXT741 13.06 -

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner
PortSols RATES LON GFI-EU Group
PortSols RATES LON GFI-EU Group

Literature

Literature