Fixed Income

iShares UK Credit Bond Index Fund (IE)

Overview

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.
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Performance

Performance

  • Returns

  From
31-Mar-2014
To
31-Mar-2015
From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2019

13.12 0.61 9.46 1.34 3.79
Benchmark (%) Index: iBoxx Sterling Non-Gilts 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 Mar 31, 2019

13.08 0.45 9.24 1.26 3.68
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.

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 Apr 18, 2019 GBP 206.973
Fund Inception Date Sep 30, 2000
Share Class Inception Date Sep 30, 2000
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
ISIN IE0000405013
Bloomberg Ticker BARUKCA
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL 0040501
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 Accumulating

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for iShares UK Credit Bond Index Fund (IE), Flex, as of Mar 31, 2019 rated against 443 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 Mar 29, 2019
Name Weight (%)
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 0.74
EUROPEAN INVESTMENT BANK 5.375 06/07/2021 0.66
KFW BANKENGRUPPE MTN 5.75 06/07/2032 0.64
KFW RegS 1.375 02/01/2021 0.55
EUROPEAN INVESTMENT BANK MTN RegS 2.5 10/31/2022 0.52
Name Weight (%)
EUROPEAN INVESTMENT BANK 5 04/15/2039 0.51
KFW BANKENGRUPPE MTN 6 12/07/2028 0.45
EUROPEAN INVESTMENT BANK 5.5 04/15/2025 0.45
KFW MTN RegS 0.375 12/15/2020 0.44
EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 0.44
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% 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 GBP Accumulating 30.36 0.07 0.24 30.56 29.00 30.28 IE0000405013 30.44 -
Inst GBP Quarterly 12.21 0.03 0.24 12.35 11.88 12.17 IE00B2RKYS27 12.24 -
Inst GBP Accumulating 19.64 0.05 0.24 19.77 18.78 19.59 IE00B1W4R618 19.69 -
D GBP Accumulating 10.41 0.03 0.24 10.48 9.95 10.38 IE00BD0NC474 10.43 -
D GBP - 51.43 0.13 0.24 51.78 49.81 51.31 IE00BGWKS388 51.56 -

Portfolio Managers

Portfolio Managers

Matthew Jackson
Matthew Jackson
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature

 

 

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