Fixed Income

iShares Euro Government Inflation-Linked Bond Index Fund (IE)

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund investments may be subject to liquidity constraints, which means that shares may trade less frequently and in small volumes, for instance smaller companies. As a result, changes in the value of investments may be more unpredictable. In certain cases, it may not be possible to sell the security at the last market price quoted or at a value considered to be fairest. Inflation linked bonds are fixed interest securities where the coupon payments increase and decrease with changes in official inflation rates. Such bonds offer investors some protection against rising levels of inflation, since rising official inflation data automatically feeds through into coupon payments. However, Investors should be aware that inflation linked bonds may, under certain circumstances, offer a slightly lower coupon payment compared to other types of fixed interest securities. Also, given that these securities are not exposed to inflation rate risk, should inflation rates decrease, the value of an inflation linked bond may not increase in price as might be expected for some other sorts of bond. The fund(s) may invest in structured credit products such as asset backed securities (‘ABS’) which pool together mortgages and other debts into single or multiple series credit products which are then passed on to investors, normally in return for interest payments based on the cash flows from the underlying assets. These securities have similar characteristics to corporate bonds but carry greater risk as the details of the underlying loans is unknown, although loans with similar terms are typically packaged together. The stability of returns from ABS are not only dependent on changes in interest-rates but also changes in the repayments of the underlying loans as a result of changes in economic conditions or the circumstances of the holder of the loan. These securities can therefore be more sensitive to economic events, may be subject to severe price movements and can be more difficult and/or more expensive to sell in difficult markets.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

5.81 -1.31 0.96 7.43 -1.31
Benchmark (%)

as of Sep 30, 2020

5.72 -1.31 0.94 7.41 -1.40
  1Y 3Y 5Y 10y Incept.
-1.31 2.29 2.25 1.88 2.18
Benchmark (%)

as of Sep 30, 2020

-1.40 2.25 2.21 1.89 2.19
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
0.12 0.15 1.67 -1.31 7.03 11.77 20.50 26.50
Benchmark (%)

as of Sep 30, 2020

0.02 0.14 1.64 -1.40 6.90 11.54 20.56 26.68
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 Oct 16, 2020 EUR 87.836
Fund Inception Date Apr 3, 2009
Share Class Inception Date Nov 5, 2009
12m Trailing Yield -
Number of Holdings as of Sep 30, 2020 37
Base Currency Euro
Asset Class Fixed Income
Morningstar Category EUR Inflation-Linked Bond
Benchmark Index BBG Barc Euro Government Inflation-Linked Bond Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.03%
ISIN IE00B4WXT741
Bloomberg Ticker BGIEGFA
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B4WXT74
Bloomberg Benchmark Ticker BEIG1T
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 500000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Sep 30, 2020 5.38
3y Beta as of Sep 30, 2020 0.998
5y Volatility - Benchmark as of Sep 30, 2020 4.92
5y Beta as of Sep 30, 2020 1.000

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for iShares Euro Government Inflation-Linked Bond Index Fund (IE), Flex, as of Sep 30, 2020 rated against 132 EUR Inflation-Linked Bond Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
FRANCE (REPUBLIC OF) 1.85 07/25/2027 5.58
FRANCE (REPUBLIC OF) 1.1 07/25/2022 4.25
FRANCE (REPUBLIC OF) 1.8 07/25/2040 4.22
GERMANY (FEDERAL REPUBLIC OF) 0.5 04/15/2030 4.18
FRANCE (REPUBLIC OF) 2.1 07/25/2023 4.13
Name Weight (%)
FRANCE (REPUBLIC OF) 3.15 07/25/2032 3.98
FRANCE (REPUBLIC OF) 0.25 07/25/2024 3.85
ITALY (REPUBLIC OF) 2.35 09/15/2035 3.76
ITALY (REPUBLIC OF) 2.35 09/15/2024 3.66
FRANCE (REPUBLIC OF) 0.7 07/25/2030 3.63
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% 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
Flex EUR Accumulating 12.83 0.04 0.31 12.90 11.57 12.82 IE00B4WXT741 12.84 -
D EUR Accumulating 10.92 0.03 0.31 10.98 9.85 10.91 IE00BD0NC144 10.93 -
Inst EUR Accumulating 13.49 0.04 0.31 13.57 12.17 13.48 IE00B4WXT857 13.50 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature