Fixed Income

iShares Overseas Government Bond Index Fund (UK)

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

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Distributions

Ex-Date Total Distribution
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  2019 2020 2021 2022 2023
Total Return (%) 4.63
Target Benchmark 1 (%) -2.18

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

  1Y 3Y 5Y 10y Incept.
0.31 - - - 2.39
Target Benchmark 1 (%) -4.75 - - - -4.26
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-1.82 0.12 -0.42 0.83 0.31 - - - 3.85
Target Benchmark 1 (%) -4.44 -0.71 -2.17 -1.13 -4.75 - - - -6.72
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of Mar 31, 2024

- - - - 1.91
Target Benchmark 1 (%)

as of Mar 31, 2024

- - - - -4.10
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 GBP, hedged share class benchmark performance is displayed in GBP.

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 of Fund
as of Jun 14, 2024
GBP 4,059,082,365
Fund Inception Date
Jan 28, 2011
Base Currency
GBP
Target Benchmark 1
JP Morgan Global Government Bond Index ex UK
Initial Charge
0.00%
ISIN
GB00BN091602
Performance Fee
0.00%
Minimum Subsequent Investment
GBP 100
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
ISHRGVD
Share Class Inception Date
Oct 25, 2022
Share Class Currency
GBP
Asset Class
Fixed Income
SFDR Classification
-
Ongoing Charge
0.03%
Annual Management Fee
0.00%
Minimum Initial Investment
GBP 10000000
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BN09160

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of May 31, 2024
998
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of May 31, 2024
3.68%
Yield to Worst
as of May 31, 2024
3.68%
Weighted Avg Maturity
as of May 31, 2024
8.28 yrs
12m Trailing Yield
as of May 31, 2024
2.09%
3y Beta
as of -
-
Modified Duration
as of May 31, 2024
6.66 yrs
Effective Duration
as of May 31, 2024
6.67 yrs
WAL to Worst
as of May 31, 2024
8.28 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 May 19, 2024
A
MSCI ESG Quality Score (0-10)
as of May 19, 2024
6.16
Fund Lipper Global Classification
as of May 19, 2024
Bond Global GBP
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of -
-
MSCI ESG % Coverage
as of May 19, 2024
100.00
MSCI ESG Quality Score - Peer Percentile
as of May 19, 2024
12.11
Funds in Peer Group
as of May 19, 2024
322
MSCI Weighted Average Carbon Intensity % Coverage
as of May 19, 2024
0.00
All data is from MSCI ESG Fund Ratings as of May 19, 2024, based on holdings as of Dec 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 May 31, 2024
Name Weight (%)
TREASURY NOTE 2.875 05/15/2032 0.47
TREASURY NOTE 2.375 05/15/2029 0.46
TREASURY NOTE 1.875 02/15/2032 0.44
TREASURY NOTE 4 02/15/2034 0.44
TREASURY NOTE 1.375 11/15/2031 0.44
Name Weight (%)
TREASURY NOTE 1.625 05/15/2031 0.42
TREASURY NOTE 2.5 03/31/2027 0.41
TREASURY NOTE 4.125 11/15/2032 0.41
TREASURY NOTE 1.5 01/31/2027 0.40
US TREASURY N/B 0.625 08/15/2030 0.40
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 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
Class X Hedged GBP 1.03 0.01 0.51 Jun 14, 2024 1.05 0.98 GB00BN091602
X GBP 0.87 0.01 0.84 Jun 14, 2024 0.92 0.86 GB00BFBFXP43
Class D Hedged GBP 1.03 0.01 0.51 Jun 14, 2024 1.04 0.97 GB00BN091P94
L GBP 1.19 0.01 0.84 Jun 14, 2024 1.23 1.17 GB00B59HT769
D GBP 1.19 0.01 0.84 Jun 14, 2024 1.24 1.17 GB00B849C803
Class D Hedged GBP 1.02 0.01 0.51 Jun 14, 2024 1.04 0.97 GB00BN091Q02
H GBP 1.19 0.01 0.84 Jun 14, 2024 1.23 1.17 GB00BPFJD859
X GBP 1.16 0.01 0.84 Jun 14, 2024 1.21 1.14 GB00B59THW30

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner

Literature

Literature