Fixed Income

iShares ESG Australian Bond Index Fund

Overview

This product is likely to be appropriate for a consumer:
• 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
• with a medium risk/return profile, and
• who is unlikely to need access to their capital for up to one week from a request
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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

Ex-Date Payment Date CPU
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  1y 3y 5y 10y Incept.
3.54 -2.12 -0.70 - 0.36
Benchmark (%) 3.80 -1.91 -0.50 - 0.56
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
0.14 0.75 -0.82 0.14 3.54 -6.23 -3.46 - 1.98
Benchmark (%) 0.26 0.78 -0.77 0.26 3.80 -5.62 -2.47 - 3.08
  2019 2020 2021 2022 2023
Total Return (%) - 4.31 -3.05 -9.60 4.86
Benchmark (%) - 4.49 -2.84 -9.41 5.08

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

Incept.: The date on which the first fund/share class unit creation was processed.

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

Key Facts

Key Facts

Net Assets
as of 22-July-2024
AUD 84,928,078.51
Share Class Launch Date
01-Feb-2019
Share Class Currency
AUD
Asset Class
Fixed Income
Shares Outstanding
as of 22-July-2024
88,281,300
ISIN
AU60BLK21270
Domicile
Australia
Net Assets of Fund
as of 22-July-2024
AUD 777,246,405.380
Fund Inception
01-Feb-2019
Fund Base Currency
AUD
Benchmark Index
BBG MSCI Australia 100mn ESG Index
Management Fee
0.20
Distribution Frequency
Quarterly
APIR
BLK2127AU

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30-Apr-2021
287
12m Trailing Yield
as of -
-
Modified Duration
as of 28-June-2024
4.97
Weighted Avg Maturity
as of 28-June-2024
5.87

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 21-June-2024
AA
MSCI ESG Quality Score (0-10)
as of 21-June-2024
7.23
Fund Lipper Global Classification
as of 21-June-2024
Bond AUD
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 21-June-2024
14.34
MSCI ESG % Coverage
as of 21-June-2024
98.88
MSCI ESG Quality Score - Peer Percentile
as of 21-June-2024
53.62
Funds in Peer Group
as of 21-June-2024
69
MSCI Weighted Average Carbon Intensity % Coverage
as of 21-June-2024
19.50
All data is from MSCI ESG Fund Ratings as of 21-June-2024, based on holdings as of 31-Dec-2023. 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 28-June-2024
0.00%
MSCI - Nuclear Weapons
as of 28-June-2024
0.00%
MSCI - Civilian Firearms
as of 28-June-2024
0.00%
MSCI - Tobacco
as of 28-June-2024
0.00%
MSCI - UN Global Compact Violators
as of 28-June-2024
0.00%
MSCI - Thermal Coal
as of 28-June-2024
0.00%
MSCI - Oil Sands
as of 28-June-2024
0.00%

Business Involvement Coverage
as of 28-June-2024
18.84%
Percentage of Fund not covered
as of 28-June-2024
81.16%
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 0.00%.

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 28-June-2024
Name Weight (%)
AUSTRALIA (COMMONWEALTH OF) 48.50
NEW SOUTH WALES TREASURY CORPORATION 9.05
TREASURY CORPORATION OF VICTORIA 7.81
QUEENSLAND TREASURY CORPORATION 7.20
WESTERN AUSTRALIAN TREASURY CORPORATION 2.52
Name Weight (%)
SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTHORITY 2.27
INTERNATIONAL FINANCE CORP 1.79
KFW 1.45
EUROPEAN INVESTMENT BANK 1.08
ASIAN DEVELOPMENT BANK 1.03
Reference to the company names mentioned in this communication is merely for explaining the investment strategy, and should not be construed as investment advice or investment recommendation of those companies.

Exposure Breakdowns

Exposure Breakdowns

as of 28-June-2024

% of Weight

Type Fund Benchmark Net
as of 28-June-2024

% of Weight

Type Fund Benchmark Net
as of 28-June-2024

% of Weight

Type Fund Benchmark Net
as of 28-June-2024

% of Weight

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.

Portfolio Managers

Portfolio Managers

Dmitri Levachov
Dmitri Levachov
Craig Vardy
Craig Vardy

Literature

Literature