Fixed Income

iShares GiltTrak Index Fund (IE)

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.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) 0.54 6.81 8.18 -5.23
Benchmark (%) 0.57 6.90 8.27 -5.16
  From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
From
30-Sep-2021
To
30-Sep-2022
Total Return (%)

as of Sep 30, 2022

0.59 13.31 3.33 -6.89 -23.35
Benchmark (%)

as of Sep 30, 2022

0.62 13.36 3.41 -6.81 -23.29
  1Y 3Y 5Y 10y Incept.
-22.59 -8.15 -2.88 - -2.77
Benchmark (%) -22.56 -8.09 -2.81 - -2.72
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-22.78 3.14 -12.41 -14.37 -22.59 -22.52 -13.58 - -14.26
Benchmark (%) -22.76 3.12 -12.42 -14.38 -22.56 -22.36 -13.29 - -13.99
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

Net Assets as of Dec 1, 2022 GBP 3,967,095
Net Assets of Fund as of Dec 1, 2022 GBP 136,442,496
Share Class Inception Date May 11, 2017
Fund Inception Date May 22, 2000
Share Class Currency GBP
Base Currency GBP
Asset Class Fixed Income
Benchmark Index FTSE Actuaries UK Conventional Gilts All Stocks Index
Index Ticker -
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charge 0.10%
Annual Management Fee 0.07%
Performance Fee 0.00%
Minimum Initial Investment GBP 500000
Minimum Subsequent Investment GBP 5000
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category GBP Government Bond
Dealing Settlement Trade Date + 2 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BLGTDGA
ISIN IE00BD0NC250
SEDOL BD0NC25

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Oct 31, 2022 57
Standard Deviation (3y) as of Oct 31, 2022 9.91%
3y Beta as of Oct 31, 2022 1.000
Yield to Maturity as of Oct 31, 2022 3.53%
Modified Duration as of Oct 31, 2022 9.52 yrs
Yield to Worst as of Oct 31, 2022 3.53%
Effective Duration as of Oct 31, 2022 9.58 yrs
Weighted Avg Maturity as of Oct 31, 2022 13.29 yrs
WAL to Worst as of Oct 31, 2022 13.29 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 Sep 21, 2022 A
MSCI ESG % Coverage as of Sep 21, 2022 100.00
MSCI ESG Quality Score (0-10) as of Sep 21, 2022 5.90
MSCI ESG Quality Score - Peer Percentile as of - -
Fund Lipper Global Classification as of Sep 21, 2022 Bond GBP Government
Funds in Peer Group as of Sep 21, 2022 162
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
MSCI Weighted Average Carbon Intensity % Coverage as of Sep 21, 2022 0.00
All data is from MSCI ESG Fund Ratings as of Sep 21, 2022, based on holdings as of May 31, 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.

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for iShares GiltTrak Index Fund (IE), Class D, as of Nov 30, 2022 rated against 199 GBP 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 Oct 31, 2022
Name Weight (%)
UK CONV GILT 4.75 12/07/2030 3.09
UK CONV GILT 4.25 06/07/2032 2.82
UK CONV GILT 4.5 09/07/2034 2.75
UK CONV GILT 2.75 09/07/2024 2.70
UK CONV GILT 2 09/07/2025 2.69
Name Weight (%)
UK CONV GILT 0.625 06/07/2025 2.66
UK CONV GILT 1.5 07/22/2026 2.66
UK CONV GILT 0.875 10/22/2029 2.49
UK CONV GILT 0.75 07/22/2023 2.44
UK CONV GILT 1.625 10/22/2028 2.32
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 31, 2022

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2022

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 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 Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
D GBP Accumulating 8.84 0.03 0.33 Dec 1, 2022 11.54 7.75 IE00BD0NC250 -
Flex GBP Accumulating 12.98 0.04 0.34 Dec 1, 2022 16.92 11.37 IE00B5BD4447 -
Inst GBP Accumulating 21.85 0.07 0.33 Dec 1, 2022 28.51 19.14 IE0007410420 -
Inst GBP Daily 8.77 0.03 0.33 Dec 1, 2022 11.66 7.68 IE0030308773 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature