Fixed Income

iShares ESG Screened Euro Corporate Bond 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

Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart

  2019 2020 2021 2022 2023
Total Return (%) 2.79 -0.95 -13.62 8.24
Benchmark (%) 2.77 -0.97 -13.65 8.19

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
From
31-Dec-2022
To
31-Dec-2023
Total Return (%)

as of Dec 31, 2023

- 2.79 -0.95 -13.62 8.24
Benchmark (%)

as of Dec 31, 2023

- 2.77 -0.97 -13.65 8.19
  1Y 3Y 5Y 10y Incept.
6.08 -2.44 - - -0.53
Benchmark (%) 5.98 -2.47 - - -0.57
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
0.15 0.15 5.26 4.94 6.08 -7.16 - - -2.49
Benchmark (%) 0.14 0.14 5.24 4.92 5.98 -7.24 - - -2.67
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.

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 EUR, hedged share class benchmark performance is displayed in EUR.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. 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

Key Facts

Key Facts

Net Assets as of Feb 28, 2024 EUR 410,064,316
Net Assets of Fund as of Feb 28, 2024 EUR 1,512,427,056
Share Class Inception Date May 8, 2019
Fund Inception Date May 8, 2019
Share Class Currency EUR
Base Currency EUR
Asset Class Fixed Income
Benchmark Index Bloomberg Euro Corporate Bond Index
Index Ticker LECPTREU
SFDR Classification Article 8
Initial Charge 0.00%
Ongoing Charge 0.03%
ISIN IE00BJP13018
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment EUR 500000
Minimum Subsequent Investment EUR 5000
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category EUR Corporate Bond
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGIESFE
SEDOL BJP1301

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Jan 31, 2024 3033
Standard Deviation (3y) as of Jan 31, 2024 6.38%
3y Beta as of Jan 31, 2024 1.002
Yield to Maturity as of Jan 31, 2024 3.64%
Modified Duration as of Jan 31, 2024 4.37 yrs
Yield to Worst as of Jan 31, 2024 3.56%
Effective Duration as of Jan 31, 2024 4.42 yrs
Weighted Avg Maturity as of Jan 31, 2024 4.93 yrs
WAL to Worst as of Jan 31, 2024 4.93 yrs

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for iShares ESG Screened Euro Corporate Bond Index Fund (IE), Flex, as of Jan 31, 2023 rated against 1266 EUR Corporate Bond Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Dec 31, 2023)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jan 31, 2024
Name Weight (%)
UBS GROUP AG MTN RegS 7.75 03/01/2029 0.13
TOTALENERGIES SE MTN RegS 2.625 12/31/2079 0.13
BP CAPITAL MARKETS PLC NC6 RegS 3.25 12/31/2079 0.12
BNP PARIBAS SA MTN RegS 2.125 01/23/2027 0.11
JPMORGAN CHASE & CO MTN RegS 1.963 03/23/2030 0.11
Name Weight (%)
LVMH MOET HENNESSY LOUIS VUITTON S MTN RegS 0.125 02/11/2028 0.11
MORGAN STANLEY MTN 1.875 04/27/2027 0.11
DANONE SA MTN RegS 1.208 11/03/2028 0.10
JPMORGAN CHASE & CO MTN RegS 1.09 03/11/2027 0.10
ANHEUSER-BUSCH INBEV NV MTN RegS 2.75 03/17/2036 0.10
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2024

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2024

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2024

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2024

% 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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Flex EUR 9.65 -0.01 -0.11 Feb 28, 2024 9.77 9.02 IE00BJP13018
Class D Acc GBP 9.97 -0.01 -0.11 Feb 28, 2024 10.07 9.20 IE0004CHBHI7
Flex GBP 10.32 -0.01 -0.11 Feb 28, 2024 10.42 9.51 IE00029JTMU3
Class Inst Acc EUR 9.14 -0.01 -0.11 Feb 28, 2024 9.26 8.55 IE000KDUZ5O6
Q Acc EUR 9.63 -0.01 -0.11 Feb 28, 2024 9.75 9.00 IE00BJP12Y80

Portfolio Managers

Portfolio Managers

Divya Manek
Divya Manek
John Hutson
John Hutson
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature