Fixed Income

IHEB

iShares J.P. Morgan USD Emerging Markets Bond (AUD Hedged) 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 major allocation of their portfolio or less
• with a minimum investment timeframe of 5 years, and
• with a medium risk/return profile
Last Trade Price: Last price as traded on the ASX (max. 20 minute delayed pricing).
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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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Tax Summary

  1y 3y 5y 10y Incept.
10.78 -2.29 -1.01 - 2.10
Benchmark (%) 11.77 -2.06 -0.92 - 2.45
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
6.37 1.25 0.84 5.64 10.78 -6.73 -4.96 - 20.56
Benchmark (%) 6.69 1.25 0.84 5.76 11.77 -6.06 -4.53 - 24.30
  2019 2020 2021 2022 2023
Total Return (%) 14.75 4.26 -2.80 -20.25 7.58
Benchmark (%) 14.71 3.67 -2.46 -20.05 8.50
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.

Tap into the emerging market growth story

Traditionally more difficult and expensive to access, low-cost ETFs now offer the opportunity to tap into these high-growth economies with favourable demographics.
Illustration of a fish swimming through seaweed

Key Facts

Key Facts

Net Assets of Fund
as of 12-Dec-2024
AUD 69,397,048.420
Listing Date
09-Dec-2015
Fund Base Currency
AUD
Benchmark Index
J.P. Morgan EMBI Global Core Index (AUD Hedged)
Management Fee
0.51
Distribution Frequency
Tri-Anually
Rebalance Freq
Monthly
IRESS Ticker
IHEB.AXW
SEDOL
BYSZ5H6
Inception Date
04-Dec-2015
Exchange
ASX - All Markets
Asset Class
Fixed Income
Shares Outstanding
as of 12-Dec-2024
913,160
ISIN
AU00000IHEB6
Domicile
Australia
Exchange Ticker
IHEB
Bloomberg Ticker
IHEB

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 12-Dec-2024
8
12m Trailing Yield
as of 12-Dec-2024
6.94%
Weighted Avg Coupon
as of 12-Dec-2024
4.37
Running Yield
as of 12-Dec-2024
5.85
Modified Duration
as of 12-Dec-2024
7.06
Weighted Avg YTM
as of 12-Dec-2024
6.70
Weighted Avg Maturity
as of 12-Dec-2024
11.86

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-Nov-2024
BB
MSCI ESG Quality Score (0-10)
as of 21-Nov-2024
3.94
Fund Lipper Global Classification
as of 21-Nov-2024
Bond Emerging Markets Global HC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 21-Nov-2024
701.07
MSCI ESG % Coverage
as of 21-Nov-2024
95.78
MSCI ESG Quality Score - Peer Percentile
as of 21-Nov-2024
32.66
Funds in Peer Group
as of 21-Nov-2024
398
MSCI Weighted Average Carbon Intensity % Coverage
as of 21-Nov-2024
11.21
All data is from MSCI ESG Fund Ratings as of 21-Nov-2024, based on holdings as of 31-Oct-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 12-Dec-2024
0.00%
MSCI - Nuclear Weapons
as of 12-Dec-2024
0.00%
MSCI - Civilian Firearms
as of 12-Dec-2024
0.00%
MSCI - Tobacco
as of 12-Dec-2024
0.00%
MSCI - UN Global Compact Violators
as of 12-Dec-2024
2.64%
MSCI - Thermal Coal
as of 12-Dec-2024
0.00%
MSCI - Oil Sands
as of 12-Dec-2024
0.00%

Business Involvement Coverage
as of 12-Dec-2024
10.77%
Percentage of Fund not covered
as of 12-Dec-2024
91.02%
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 0.35% and for Oil Sands 0.62%.

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 12-Dec-2024
Issuer Weight (%)
TURKEY (REPUBLIC OF) 4.29
SAUDI ARABIA (KINGDOM OF) 3.61
BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT) 3.48
COLOMBIA (REPUBLIC OF) 3.32
DOMINICAN REPUBLIC (GOVERNMENT) 3.30
Issuer Weight (%)
PHILIPPINES (REPUBLIC OF) 3.27
MEXICO (UNITED MEXICAN STATES) (GOVERNMENT) 3.16
ARGENTINA REPUBLIC OF GOVERNMENT 3.10
QATAR (STATE OF) 3.06
ROMANIA (REPUBLIC OF) 2.81
as of 12-Dec-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
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.

Underlying Holdings: Underlying Holding data shows the direct investments of the iShares J.P. Morgan $ Emerging Markets Bond UCITS ETF, the underlying fund into which the fund substantially invests. The base currency of the underlying fund is U.S. dollars, however, holding information has been converted to Australian dollars for illustrative purposes only, using the previous day’s London 4 p.m. exchange rate, as provided by Reuters. For further information please call iShares on 1300 474 273.

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 12-Dec-2024

% of Weight

Type Fund
as of 12-Dec-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 12-Dec-2024

% of Weight

Type Fund
as of 12-Dec-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.