Fixed Income

iShares UK 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 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. 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.
Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart

Distributions

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

14.00 -0.15 0.16 10.20 3.97
Benchmark (%)

as of Sep 30, 2020

14.00 -0.19 0.17 10.15 3.82
  1Y 3Y 5Y 10y Incept.
4.46 4.56 5.56 5.80 6.52
Benchmark (%)

as of Oct 31, 2020

4.35 4.51 5.50 5.77 6.33
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
4.74 0.09 -0.22 4.46 14.31 31.05 75.76 115.19
Benchmark (%)

as of Oct 31, 2020

4.66 0.12 -0.26 4.35 14.14 30.71 75.18 110.47
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 Nov 20, 2020 GBP 348.814
Fund Inception Date Sep 30, 2000
Share Class Inception Date Sep 12, 2008
12m Trailing Yield as of Oct 31, 2020 2.96
Number of Holdings as of Oct 30, 2020 1108
Base Currency British Pound
Asset Class Fixed Income
Morningstar Category GBP Corporate Bond
Benchmark Index iBoxx Sterling Non-Gilts Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.15%
ISIN IE00B2RKYS27
Bloomberg Ticker BARUKID
Annual Management Fee 0.12%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B2RKYS2
Bloomberg Benchmark Ticker UKCBIFTTHP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 500000
Minimum Subsequent Investment GBP 50000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Oct 31, 2020 5.50
3y Beta as of Oct 31, 2020 0.993
5y Volatility - Benchmark as of Oct 31, 2020 5.67
5y Beta as of Oct 31, 2020 0.999

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for iShares UK Credit Bond Index Fund (IE), Inst, as of Oct 31, 2020 rated against 428 GBP Corporate Bond Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 0.73
TESCO PROPERTY RegS 0.62
EUROPEAN INVESTMENT BANK MTN RegS 0.75 07/14/2023 0.58
KFW BANKENGRUPPE MTN 6 12/07/2028 0.52
KFW MTN RegS 0.875 03/15/2022 0.43
Name Weight (%)
EUROPEAN INVESTMENT BANK MTN RegS 0.875 12/15/2023 0.42
INTER-AMERICAN DEVELOPMENT BANK 1.25 12/15/2023 0.39
LCR FINANCE PLC 5.1 03/07/2051 0.36
KFW MTN RegS 1 12/15/2022 0.36
LLOYDS TSB BANK PLC MTN RegS 4.875 03/30/2027 0.36
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

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

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 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
Inst GBP Quarterly 13.03 0.03 0.24 13.12 11.61 12.98 IE00B2RKYS27 13.08 -
D GBP Accumulating 11.64 0.03 0.24 11.64 10.21 11.59 IE00BD0NC474 11.68 -
D GBP - 54.91 0.13 0.24 55.31 48.90 54.69 IE00BGWKS388 55.13 -
Flex GBP Accumulating 33.98 0.08 0.24 33.98 29.82 33.84 IE0000405013 34.11 -
Inst GBP Accumulating 21.94 0.05 0.24 21.94 19.27 21.85 IE00B1W4R618 22.03 -

Portfolio Managers

Portfolio Managers

PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature