Fixed Income

iShares Ultra High Quality Euro Government 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 invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. Certain developing countries are especially large debtors to commercial banks and foreign governments. Investment in debt obligations (sovereign debt) issued or guaranteed by developing governments or their agencies involve a high degree of risk.
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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

4.11 -1.33 2.38 3.20 3.14
Benchmark (%)

as of Dec 31, 2020

4.05 -1.36 2.38 3.13 3.14
  1Y 3Y 5Y 10y Incept.
0.52 3.10 1.69 - 3.22
Benchmark (%)

as of Jan 31, 2021

0.52 3.08 1.67 - 3.18
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-0.50 -0.50 -1.00 0.52 9.58 8.76 - 35.05
Benchmark (%)

as of Jan 31, 2021

-0.48 -0.48 -1.00 0.52 9.52 8.62 - 34.63
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 305.118
Fund Inception Date Jul 1, 2011
Share Class Inception Date Aug 4, 2011
12m Trailing Yield -
Number of Holdings as of Jan 29, 2021 80
Base Currency Euro
Asset Class Fixed Income
Morningstar Category EUR Government Bond
Benchmark Index Markit iBoxx Eurozone AAA Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.03%
ISIN IE00B4Z7ZH51
Bloomberg Ticker BRUHQEF
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B4Z7ZH5
Bloomberg Benchmark Ticker IBXEURZN3A
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 500000
Minimum Subsequent Investment EUR 5000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2021 3.86
3y Beta as of Jan 31, 2021 1.001
5y Volatility - Benchmark as of Feb 28, 2021 3.79
5y Beta as of Jan 31, 2021 1.001

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 AA
MSCI ESG Quality Score (0-10) as of Feb 5, 2021 7.35
MSCI ESG Quality Score - Peer Percentile as of Feb 5, 2021 92.93
MSCI ESG % Coverage as of Feb 5, 2021 100.00
Fund Lipper Global Classification as of Feb 5, 2021 Bond EMU Government
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
Funds in Peer Group as of Feb 5, 2021 184
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

3
Overall Morningstar Rating for iShares Ultra High Quality Euro Government Bond Index Fund (IE), Flex, as of Feb 28, 2021 rated against 624 EUR Government Bond Funds.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jan 29, 2021
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 2.5 08/15/2046 3.07
GERMANY (FEDERAL REPUBLIC OF) 2.5 07/04/2044 2.82
BUNDESREPUBLIK DEUTSCHLAND 4 01/04/2037 2.80
GERMANY (FEDERAL REPUBLIC OF) 4.75 07/04/2040 2.48
GERMANY (FEDERAL REPUBLIC OF) 4.75 07/04/2034 2.44
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 0 08/15/2030 2.32
GERMANY (FEDERAL REPUBLIC OF) 5.5 01/04/2031 2.10
GERMANY (FEDERAL REPUBLIC OF) 1.25 08/15/2048 2.09
GERMANY (FEDERAL REPUBLIC OF) 3.25 07/04/2042 2.07
GERMANY (FEDERAL REPUBLIC OF) 4.25 07/04/2039 2.05
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
Flex EUR Accumulating 13.30 0.07 0.50 13.91 13.20 13.30 IE00B4Z7ZH51 13.31 -
D EUR Accumulating 10.54 0.05 0.50 11.02 10.45 10.53 IE00BDRK7H99 10.54 -
Inst EUR Accumulating 13.04 0.06 0.50 13.64 12.94 13.03 IE00B4XCK338 13.05 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature