Fixed Income

iShares Emerging Markets Government 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. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of perceived risk. Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
View full table
  From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
Total Return (%)

as of Mar 31, 2021

- - - - 15.14
Benchmark (%)

as of Mar 31, 2021

- - - - 16.00
  1Y 3Y 5Y 10y Incept.
9.64 - - - 2.30
Benchmark (%)

as of May 31, 2021

10.50 - - - 3.83
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-1.48 1.02 2.25 9.64 - - - 3.48
Benchmark (%)

as of May 31, 2021

-1.39 1.06 2.30 10.50 - - - 5.83
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 Jun 10, 2021 USD 2,263.979
Fund Inception Date May 4, 2018
Share Class Inception Date Nov 27, 2019
12m Trailing Yield as of May 31, 2021 4.20
Number of Holdings as of May 28, 2021 911
Base Currency U.S. Dollar
Asset Class Fixed Income
Morningstar Category -
Benchmark Index JP Morgan EMBI Global Diversified Index
SFDR Classification Other
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.22%
ISIN IE00BKFVZB33
Bloomberg Ticker BEMDGHD
Annual Management Fee 0.19%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BKFVZB3
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 500000
Minimum Subsequent Investment GBP 5000
Use of Income Distributing

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 May 7, 2021 BB
MSCI ESG Quality Score (0-10) as of May 7, 2021 3.02
MSCI ESG Quality Score - Peer Percentile as of May 7, 2021 40.71
MSCI ESG % Coverage as of May 7, 2021 95.01
Fund Lipper Global Classification as of May 7, 2021 Bond Emerging Markets Global HC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of May 7, 2021 1.00
Funds in Peer Group as of May 7, 2021 420
All data is from MSCI ESG Fund Ratings as of May 7, 2021, based on holdings as of Dec 31, 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.

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 May 28, 2021 0.00%
MSCI - UN Global Compact Violators as of May 28, 2021 2.63%
MSCI - Nuclear Weapons as of May 28, 2021 0.00%
MSCI - Thermal Coal as of May 28, 2021 0.23%
MSCI - Civilian Firearms as of May 28, 2021 0.00%
MSCI - Oil Sands as of May 28, 2021 0.00%
MSCI - Tobacco as of May 28, 2021 0.00%

Business Involvement Coverage as of May 28, 2021 13.48%
Percentage of Fund not covered as of May 28, 2021 86.52%
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 0.23% and for Oil Sands 1.11%.

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

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of May 28, 2021
Name Weight (%)
ECUADOR REPUBLIC OF (GOVERNMENT) RegS 0.5 07/31/2035 0.78
URUGUAY (ORIENTAL REPUBLIC OF) 5.1 06/18/2050 0.67
KUWAIT STATE OF (GOVERNMENT) MTN RegS 3.5 03/20/2027 0.65
RUSSIAN FEDERATION RegS 5.25 06/23/2047 0.60
QATAR (STATE OF) 5.103 04/23/2048 0.49
Name Weight (%)
QATAR (STATE OF) 4.817 03/14/2049 0.48
URUGUAY (ORIENTAL REPUBLIC OF) 4.975 04/20/2055 0.42
ECUADOR REPUBLIC OF (GOVERNMENT) RegS 0.5 07/31/2030 0.41
UKRAINE REPUBLIC OF (GOVERNMENT) 7.375 09/25/2032 0.41
POLAND (REPUBLIC OF) 5 03/23/2022 0.40
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 28, 2021

% of Market Value

Type Fund Benchmark Net
as of May 28, 2021

% of Market Value

Type Fund Benchmark Net
as of May 28, 2021

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of May 28, 2021

% of Market Value

Type Fund Benchmark Net
as of May 28, 2021

% of Market Value

Type Fund Benchmark Net
as of May 28, 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
Class D Dist Hedged GBP - 10.03 0.00 0.05 10.29 9.54 10.02 IE00BKFVZB33 10.08 -
Inst Hedged Acc EUR - 10.35 0.00 0.04 10.45 9.59 10.34 IE00BJ9MTQ85 10.41 -
Inst Hedged Dist GBP - - - - - - - IE00BGR7K617 - -
Inst Acc USD - 11.93 0.01 0.05 11.99 10.90 11.92 IE00BZ1NTF08 11.99 -
Flex Hedged Acc EUR - 11.28 0.01 0.04 11.39 10.43 11.28 IE00BD9H4C29 11.34 -
Class D Acc USD - 12.08 0.01 0.05 12.14 11.04 12.08 IE00BF2N5T53 12.15 -

Portfolio Managers

Portfolio Managers

John Hutson
John Hutson

Literature

Literature