Fixed Income

iShares World ex-Euro 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.

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

  2018 2019 2020 2021 2022
Total Return (%)
Benchmark (%)

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

  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.
- - - - -
Benchmark (%) - - - - -
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
0.72 -0.59 -1.59 0.25 - - - - -0.87
Benchmark (%) -0.98 -1.45 -2.18 -0.82 - - - - -0.62
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 SGD 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 28, 2023 SGD 47,889,928
Net Assets of Fund as of Sep 28, 2023 USD 767,023,753
Share Class Inception Date Sep 16, 2022
Fund Inception Date Nov 2, 2018
Share Class Currency SGD
Base Currency USD
Asset Class Fixed Income
Benchmark Index FTSE World Government Bond Index (ex-EMU Government Bonds)
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charge 0.03%
ISIN IE0007DDUVE7
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment SGD 500000
Minimum Subsequent Investment SGD 5000
Use of Income Accumulating
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
Bloomberg Ticker BGIWFLS
SEDOL BNT9VX8

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Aug 31, 2023 733
Standard Deviation (3y) as of - -
3y Beta as of - -
Yield to Maturity as of Aug 31, 2023 3.81%
Modified Duration as of Aug 31, 2023 7.32 yrs
Yield to Worst as of Aug 31, 2023 3.81%
Effective Duration as of Aug 31, 2023 7.32 yrs
Weighted Avg Maturity as of Aug 31, 2023 9.12 yrs
WAL to Worst as of Aug 31, 2023 9.12 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, 2023 A
MSCI ESG % Coverage as of Sep 21, 2023 100.00
MSCI ESG Quality Score (0-10) as of Sep 21, 2023 5.81
MSCI ESG Quality Score - Peer Percentile as of Sep 21, 2023 91.39
Fund Lipper Global Classification as of Sep 21, 2023 Bond USD Government
Funds in Peer Group as of Sep 21, 2023 151
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
MSCI Weighted Average Carbon Intensity % Coverage as of Sep 21, 2023 0.00
All data is from MSCI ESG Fund Ratings as of Sep 21, 2023, based on holdings as of Mar 31, 2023. 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% (or 50% for bond funds and money market funds) 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.

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 (%)
TREASURY NOTE 1.125 01/15/2025 1.12
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.62 09/25/2029 1.11
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.18 08/25/2025 1.06
TREASURY NOTE 4.625 02/28/2025 1.06
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.69 08/12/2026 1.04
Name Weight (%)
TREASURY NOTE 2.25 11/15/2024 0.88
TREASURY NOTE 3.625 03/31/2028 0.83
TREASURY NOTE 4.5 11/15/2025 0.78
TREASURY NOTE 3.75 04/15/2026 0.77
TREASURY NOTE 3.25 06/30/2029 0.76
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 Flexible Hedged SGD - 9.72 0.00 0.02 Sep 28, 2023 10.21 9.65 IE0007DDUVE7
Flex USD Semi-Annual 7.51 0.01 0.10 Sep 28, 2023 8.23 7.51 IE00BYQQ0X26
Inst EUR - 9.31 -0.04 -0.39 Sep 28, 2023 10.32 9.17 IE00BJK0X817
Flex USD Accumulating 18.49 0.02 0.10 Sep 28, 2023 19.97 18.14 IE0005033380
Class D Acc EUR Accumulating 10.50 -0.04 -0.38 Sep 28, 2023 11.37 10.31 IE00BDZRS805
Class Flexible Acc Hedged EUR - 8.26 0.00 0.02 Sep 28, 2023 8.69 8.25 IE00BMY53838
Inst Hedged Acc EUR - 8.98 0.00 0.02 Sep 28, 2023 9.46 8.98 IE00BGR7K831
Class Flexible Acc Hedged USD - 9.62 0.00 0.03 Sep 28, 2023 10.03 9.61 IE0001JCX718
Inst USD Accumulating 12.57 0.01 0.10 Sep 28, 2023 13.58 12.35 IE00B1W4R493
Class Flex Hedged Dist GBP - 8.75 0.00 0.03 Sep 28, 2023 9.25 8.75 IE00BD5D0B54
D USD Accumulating 8.91 0.01 0.10 Sep 28, 2023 9.62 8.75 IE00BD0NC581

Portfolio Managers

Portfolio Managers

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

Literature

Literature