Fixed Income

iShares ESG Screened Global Corporate Bond Index Fund (IE)

  • NAV as of Sep 22, 2023 AUD 9.52
    52 WK: 9.27 - 10.08
  • 1 Day NAV Change as of Sep 22, 2023 0.03 (0.30%)

Overview

Investment Approach

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) which reflects the return of the Bloomberg Barclays Global Aggregate Corporate Index (the Index). The Fund is passively managed and the investment manager (IM) has discretion to select the Fund’s investments and in doing so may take into consideration the Index. The Fund invests in fixed income (FI) securities (such as bonds) that make up the Index whilst employing an environmental, social and governance (“ESG”) policy as described below. The Index measures the performance of fixed rate and fixed-to-floating rate investment grade FI securities with at least one year to final maturity issued by corporate issuers in the industrial, utility and financial sectors on a global basis. The Index is a market capitalisation weighted index and rebalances on a monthly basis.
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. Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investment. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.

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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Distributions

Record Date Ex-Date Payable Date
View full table
Record Date Ex-Date Payable Date Total Distribution
Performance data is not currently available
  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		 From
30-Jun-2022
To
30-Jun-2023
Total Return (%)

as of Jun 30, 2023

- - - - -
Benchmark (%)

as of Jun 30, 2023

- - - - -
  1Y 3Y 5Y 10y Incept.
Total Return (%) -0.14 - - - -0.37
Benchmark (%) 3.05 - - - 2.07
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
Total Return (%) 2.28 -0.53 0.05 1.68 -0.14 - - - -0.42
Benchmark (%) 3.46 -1.01 0.74 2.78 3.05 - - - 2.38
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 AUD hedged Share Class Benchmark performance is displayed in USD.

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 Sep 22, 2023 AUD 6,918
Net Assets of Fund as of Sep 22, 2023 USD 1,210,891,814
Share Class Inception Date Jul 8, 2022
Fund Inception Date Feb 12, 2020
Share Class Currency AUD
Base Currency USD
Asset Class Fixed Income
Benchmark Index BBG Global Aggregate Corporate Index
Index Ticker LGCPTRUU
SFDR Classification Article 8
Initial Charge 0.00%
Ongoing Charge 0.14%
ISIN IE000Y1LWY25
Annual Management Fee 0.09%
Performance Fee 0.00%
Minimum Initial Investment AUD 100000
Minimum Subsequent Investment AUD 5000
Distribution Frequency Semi-Annual
Use of Income Distributing
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
SEDOL BNK9B04

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Aug 31, 2023 7766
12m Trailing Yield as of Aug 31, 2023 3.28%
Standard Deviation (3y) as of - -
3y Beta as of - -
Yield to Maturity as of Aug 31, 2023 5.33%
Modified Duration as of Aug 31, 2023 6.03 yrs
Yield to Worst as of Aug 31, 2023 5.31%
Effective Duration as of Aug 31, 2023 6.04 yrs
Weighted Avg Maturity as of Aug 31, 2023 8.64 yrs
WAL to Worst as of Aug 31, 2023 8.64 yrs

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Aug 31, 2023
Name Weight (%)
JAPAN (GOVERNMENT OF) 10YR #357 0.1 12/20/2029 0.20
JAPAN (GOVERNMENT OF) 5YR #144 0.1 06/20/2025 0.19
JAPAN (GOVERNMENT OF) 20YR #167 0.5 12/20/2038 0.10
ANHEUSER-BUSCH COMPANIES LLC 4.9 02/01/2046 0.09
ENEL CHILE SA 4.875 06/12/2028 0.09
Name Weight (%)
MILEAGE PLUS HOLDINGS LLC 144A 6.5 06/20/2027 0.09
BANK OF AMERICA CORP MTN 5.288 04/25/2034 0.08
LIBERTY UTILITIES FINANCE GP1 144A 2.05 09/15/2030 0.08
AVANGRID INC 3.8 06/01/2029 0.08
CVS HEALTH CORP 5.05 03/25/2048 0.07
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Aug 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2023

% 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
Class D Dist Hedged AUD Semi-Annual 9.52 0.03 0.30 Sep 22, 2023 10.08 9.27 IE000Y1LWY25
Class D Acc Hedged SGD - 9.87 0.03 0.30 Sep 22, 2023 10.05 9.83 IE000H2D8E66
Class D Acc GBP Hedged GBP - 8.61 0.03 0.30 Sep 22, 2023 8.86 8.09 IE000PKMKVX7
Class Flexible Acc Hedged EUR - 8.47 0.03 0.30 Sep 22, 2023 8.79 8.06 IE00BMC44015
Class D Dist Hedged GBP - 8.07 0.02 0.30 Sep 22, 2023 8.51 7.82 IE00BJN4RF59
Class D Acc Hedged EUR - 8.61 0.03 0.30 Sep 22, 2023 8.94 8.20 IE00BJN4RG66
Class Inst Acc USD - 8.93 0.03 0.29 Sep 22, 2023 9.25 8.15 IE00BJN4RH73
Class Q Acc Hedged EUR - 8.91 0.03 0.30 Sep 22, 2023 9.25 8.48 IE00BJN4RJ97
Class Inst Acc Hedged GBP - 8.61 0.03 0.30 Sep 22, 2023 8.86 8.09 IE00BP2C1Z01
Flex Dist EUR hedged EUR - 8.03 0.02 0.30 Sep 22, 2023 8.56 7.89 IE00058C1MX3
Class Flexible Acc USD - 8.29 0.02 0.29 Sep 22, 2023 8.59 7.57 IE00BNDQ8C32
Class Flexible Acc Hedged GBP - 8.65 0.03 0.30 Sep 22, 2023 8.88 8.11 IE00BJN4S634

Portfolio Managers

Portfolio Managers

John Hutson
John Hutson

Literature

Literature