Fixed Income

iShares Euro Credit 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 invests in fixed interest securities issued by companies which, compared to bonds issued or guaranteed by governments, are exposed to greater risk of default in the repayment of the capital provided to the company or interest payments due to the fund. 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. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held.
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Performance

Performance

  From
30-Jun-2015
To
30-Jun-2016
From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Jun 30, 2020

4.88 -0.50 1.19 4.64 0.62
Benchmark (%) Index: FTSE EuroBIG ex Domestic Treasury Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Jun 30, 2020

4.79 -0.45 1.17 4.56 0.49
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.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.

Key Facts

Key Facts

Size of Fund (Millions) as of Sep 28, 2020 EUR 1,722.196
Fund Inception Date Dec 1, 2005
Share Class Inception Date Dec 1, 2005
Base Currency Euro
Asset Class Fixed Income
Morningstar Category EUR Corporate Bond
Benchmark Index FTSE EuroBIG ex Domestic Treasury Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE0005032192
Bloomberg Ticker BAREUBD
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL 0503219
Bloomberg Benchmark Ticker EZNBIFTTHP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 500000
Minimum Subsequent Investment EUR 5000
Use of Income Accumulating

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for iShares Euro Credit Bond Index Fund (IE), Flex, as of Aug 31, 2020 rated against 982 EUR Corporate Bond Funds.

Risk Indicator

Risk Indicator

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7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Aug 31, 2020
Name Weight (%)
EUROPEAN INVESTMENT BANK MTN 4.5 10/15/2025 0.19
EUROPEAN INVESTMENT BANK MTN 0.875 01/14/2028 0.19
EUROPEAN INVESTMENT BANK 4.125 04/15/2024 0.17
KFW MTN RegS 0 04/02/2024 0.16
EUROPEAN INVESTMENT BANK MTN 2.25 10/14/2022 0.15
Name Weight (%)
EUROPEAN INVESTMENT BANK MTN RegS 1.125 04/13/2033 0.15
KREDITANSTALT FUER WIEDERAUFBAU MTN RegS 0 03/31/2027 0.15
KFW 0.625 07/04/2022 0.15
KFW MTN RegS 0 06/30/2022 0.15
CAISSE DAMORTISSEMENT DE LA DETTE RegS 4 12/15/2025 0.15
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 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 24.43 0.00 0.00 24.49 23.09 24.38 IE0005032192 24.48 -
Inst EUR Annual 10.47 0.00 0.00 10.65 10.04 10.45 IE00B1N7Z987 10.49 -
D EUR Accumulating 10.75 0.00 0.00 10.78 10.17 10.73 IE00BD0NC698 10.77 -
Inst EUR Accumulating 23.71 0.00 0.00 23.78 22.42 23.66 IE0031080645 23.75 -

Portfolio Managers

Portfolio Managers

Divya Manek
Divya Manek
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature