Fixed Income

IAF

iShares Core Composite Bond ETF

Overview

This product is likely to be appropriate for a consumer:
• who is seeking capital preservation and/or income distribution
• using the product for a core component of their portfolio or less
• with a minimum investment timeframe of 3 years, and
• with a medium risk/return profile
Last Trade Price: Last price as traded on the ASX.

Estimated NAV: Estimated Intraday NAV is indicative only and is provided by Interactive Data Managed Solutions. (See Terms and Conditions for further information).
Loading

Performance

Performance

Growth of Hypothetical $10,000

View full chart

Distributions

Ex-Date Payment Date CPU
View full table

Tax Summary

  1y 3y 5y 10y Incept.
0.79 -2.22 -0.70 2.04 2.69
Benchmark (%) 0.87 -2.09 -0.55 2.20 2.86
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-0.61 0.39 -0.52 2.04 0.79 -6.52 -3.43 22.32 38.26
Benchmark (%) -0.59 0.39 -0.50 2.08 0.87 -6.14 -2.70 24.26 41.14
  2019 2020 2021 2022 2023
Total Return (%) 7.09 4.33 -3.06 -9.88 4.96
Benchmark (%) 7.26 4.48 -2.87 -9.71 5.06
Performance Report

Incept.:
The date on which the first iShares ETF unit/share creation was processed.

The performance quoted represents past performance and does not guarantee future results.

SWITCH ON THE CORE FOUR

Build a diversified, multi-asset portfolio with just four core building blocks.
Illustration of a hand turning on a light

Key Facts

Key Facts

Net Assets of Fund
as of 14-June-2024
AUD 2,366,049,807.970
Listing Date
14-Mar-2012
Fund Base Currency
AUD
Benchmark Index
Bloomberg AusBond Composite Index
Management Fee
0.10
Distribution Frequency
Quarterly
Rebalance Freq
Monthly
IRESS Ticker
IAF.AXW
SEDOL
B6XS507
Inception Date
12-Mar-2012
Exchange
ASX - All Markets
Asset Class
Fixed Income
Shares Outstanding
as of 14-June-2024
23,376,842
ISIN
AU000000IAF5
Domicile
Australia
Exchange Ticker
IAF
Bloomberg Ticker
IAF

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 14-June-2024
650
12m Trailing Yield
as of 13-June-2024
2.39%
Weighted Avg Coupon
as of 14-June-2024
2.83
Running Yield
as of 14-June-2024
3.08
Modified Duration
as of 14-June-2024
4.97
Weighted Avg YTM
as of 14-June-2024
4.35
Weighted Avg Maturity
as of 14-June-2024
5.85

Is it time to rethink bonds?

Invest in iShares bond ETFs to customise portfolios, hedge risk and capture income opportunities.
question everything magnifying glass

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 19-May-2024
AA
MSCI ESG Quality Score (0-10)
as of 19-May-2024
7.18
Fund Lipper Global Classification
as of 19-May-2024
Bond AUD
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 19-May-2024
55.55
MSCI ESG % Coverage
as of 19-May-2024
97.40
MSCI ESG Quality Score - Peer Percentile
as of 19-May-2024
33.33
Funds in Peer Group
as of 19-May-2024
66
MSCI Weighted Average Carbon Intensity % Coverage
as of 19-May-2024
18.45
All data is from MSCI ESG Fund Ratings as of 19-May-2024, based on holdings as of 30-Apr-2024. 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.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, 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 methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of 14-June-2024
0.00%
MSCI - Nuclear Weapons
as of 14-June-2024
0.00%
MSCI - Civilian Firearms
as of 14-June-2024
0.00%
MSCI - Tobacco
as of 14-June-2024
0.00%
MSCI - UN Global Compact Violators
as of 14-June-2024
0.00%
MSCI - Thermal Coal
as of 14-June-2024
0.00%
MSCI - Oil Sands
as of 14-June-2024
0.00%

Business Involvement Coverage
as of 14-June-2024
17.04%
Percentage of Fund not covered
as of 14-June-2024
82.96%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.07%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Holdings

Holdings

as of 14-June-2024
Issuer Weight (%)
AUSTRALIA (COMMONWEALTH OF) 48.21
NEW SOUTH WALES TREASURY CORPORATION 8.73
TREASURY CORPORATION OF VICTORIA 8.71
QUEENSLAND TREASURY CORPORATION 6.93
WESTERN AUSTRALIAN TREASURY CORPORATION 2.43
Issuer Weight (%)
SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTHORITY 1.75
EUROPEAN INVESTMENT BANK 1.06
KFW 0.99
ASIAN DEVELOPMENT BANK 0.98
WESTPAC BANKING CORP 0.84
as of 14-June-2024
Ticker Name Sector Asset Class Market Value Weight (%) Location Currency
Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Shares Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration FX Rate Maturity Coupon (%) Market Currency Effective Date
AUD Cash:  May include cash, coupons/interest and receivables/payables for unsettled trades.

Notional Value: The market value of the securities held by the ETF at the given date. The notional value of a futures contract is the face value of the futures contract as at the given date.

All security prices are shown in the fund base currency.

Total allocation percentages may not equal 100% due to rounding or omissions of holdings of less than 1%. Information on certain fund holdings of less than 1% may not be widely available and may not be included in the table of holdings shown.

Holdings are subject to change.

Although BlackRock shall obtain data from sources that BlackRock considers reliable, all data contained herein is provided “as is” and BlackRock makes no representation or warranty of any kind, either express or implied, with respect to such data, the timeliness thereof, the results to be obtained by the use thereof or any other matter.  BlackRock expressly disclaims any and all implied warranties, including without limitation, warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose.

Exposure Breakdowns

Exposure Breakdowns

as of 14-June-2024

% of Weight

Type Fund
as of 14-June-2024

% of Weight

Type Fund
Allocations are subject to change. Total allocation percentages may not equal 100% due to rounding or omission of holdings of less than 1%. Source: BlackRock
as of 14-June-2024

% of Weight

Type Fund
as of 14-June-2024

% of Weight

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Total allocation percentages may not equal 100% due to rounding or omission of holdings of less than 1%.

Literature

Literature

 

Trading iShares

Trading iShares

iShares ETFs can be bought and sold via an exchange just like individual shares.