Fixed Income

iShares Corporate Bond Index Fund (UK)

Overview

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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

This fund does not have any distributions data as of now.
  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
Total Return (%)

as of Jun 30, 2022

1.13 6.16 6.49 1.80 -13.36
Benchmark (%)

as of Jun 30, 2022

0.55 5.95 6.41 1.65 -13.53
  1Y 3Y 5Y 10y Incept.
-12.03 -1.69 0.61 - 3.16
Benchmark (%)

as of Jul 31, 2022

-12.28 -1.82 0.36 - 3.23
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-10.23 2.98 -2.02 -12.03 -4.98 3.08 - 36.27
Benchmark (%)

as of Jul 31, 2022

-10.46 2.90 -2.10 -12.28 -5.36 1.82 - 37.25
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 Aug 11, 2022 GBP 4,502.965
Price Yield as of Aug 11, 2022 2.33
Number of Holdings as of Jul 29, 2022 1208
Base Currency British Pound
Fund Inception Date Jun 30, 2010
Share Class Inception Date Aug 15, 2012
Asset Class Fixed Income
Benchmark Index iBoxx Sterling Non Gilt 1300CET (midday) index
Investment Association Category £ Corporate Bond
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Ongoing Charge 0.01%
ISIN GB00B8DYSW23
Bloomberg Ticker BCOBTXI
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B8DYSW2
Bloomberg Benchmark Ticker IB_GBPXGLT
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 10000000
Minimum Subsequent Investment GBP 100
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Jul 29, 2022 3.49%
Modified Duration as of Jul 29, 2022 6.71 yrs
Effective Duration as of Jul 29, 2022 6.75 yrs
Weighted Avg Maturity as of Jul 29, 2022 9.42 yrs
3y Volatility - Benchmark as of Jul 31, 2022 7.14
3y Beta as of Jul 31, 2022 1.040
5y Volatility - Benchmark as of Jul 31, 2022 5.98
5y Beta as of Jul 31, 2022 1.034
WAL to Worst as of Jul 29, 2022 9.42 yrs

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Jul 21, 2022 AAA
MSCI ESG % Coverage as of Jul 21, 2022 90.14
MSCI ESG Quality Score (0-10) as of Jul 21, 2022 9.14
MSCI ESG Quality Score - Peer Percentile as of Jul 21, 2022 74.26
Fund Lipper Global Classification as of Jul 21, 2022 Bond GBP Corporates
Funds in Peer Group as of Jul 21, 2022 404
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Jul 21, 2022 87.56
MSCI Weighted Average Carbon Intensity % Coverage as of Jul 21, 2022 87.84
All data is from MSCI ESG Fund Ratings as of Jul 21, 2022, based on holdings as of Feb 28, 2022. 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 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. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, 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 the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jul 29, 2022 0.00%
MSCI - UN Global Compact Violators as of Jul 29, 2022 0.35%
MSCI - Nuclear Weapons as of Jul 29, 2022 0.00%
MSCI - Thermal Coal as of Jul 29, 2022 0.00%
MSCI - Civilian Firearms as of Jul 29, 2022 0.00%
MSCI - Oil Sands as of Jul 29, 2022 0.00%
MSCI - Tobacco as of Jul 29, 2022 0.92%

Business Involvement Coverage as of Jul 29, 2022 87.09%
Percentage of Fund not covered as of Jul 29, 2022 12.91%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.35% and for Oil Sands 1.02%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for iShares Corporate Bond Index Fund (UK), Class X, as of Jul 31, 2022 rated against 461 GBP Corporate Bond Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Feb 7, 2019)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jul 29, 2022
Name Weight (%)
KFW BANKENGRUPPE MTN 6 12/07/2028 0.64
EUROPEAN INVESTMENT BANK 6 12/07/2028 0.48
TESCO PROPERTY RegS 0.48
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 0.48
KFW MTN RegS 1.25 12/29/2023 0.47
Name Weight (%)
KFW MTN RegS 1.375 12/09/2024 0.44
KFW MTN RegS 0.875 07/18/2024 0.39
KFW BANKENGRUPPE MTN 5.75 06/07/2032 0.38
EUROPEAN INVESTMENT BANK 5.5 04/15/2025 0.38
EUROPEAN INVESTMENT BANK MTN RegS 1.375 03/07/2025 0.35
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
as of Jul 29, 2022

% 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

Pricing & Exchange

Investor Class Distribution Frequency Bid Price ISIN TIS
X Daily 1.11 GB00B8DYSW23 -
H Daily 1.04 GB00BKF2KH76 -
H Accumulating 1.25 GB00BJL5BV43 -
L Accumulating 1.57 GB00B5MMQ552 -
X Accumulating 1.43 GB00B5WN6148 -
D Accumulating 1.55 GB00B84DSW83 -
D Daily 1.21 GB00B7J60R40 -
L Daily 1.23 GB00B847N473 -

Listings

Portfolio Managers

Portfolio Managers

Alvin Do, CFA, FRM
Alvin Do, CFA, FRM
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature