Fixed Income

iShares Emerging Markets Government Bond Index Fund (LU)

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

Chart

Performance chart data not available for display.
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Reinvestments

This product does not have any distributions data as of now.

This chart shows the fund's performance as the percentage loss or gain per year over the last 6 years.

  2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Total Return (%) 7.6 -6.9 11.9 3.5 -2.4 -19.5
Benchmark (%) 10.3 -4.3 15.0 5.3 -1.8 -17.8

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

  From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
From
30-Sep-2021
To
30-Sep-2022
From
30-Sep-2022
To
30-Sep-2023
Total Return (%)

as of 30.Sep2023

8.28 -0.84 3.93 -25.30 6.74
Benchmark (%)

as of 30.Sep2023

11.57 1.29 4.36 -24.28 10.01
  1y 3y 5y 10y Incept.
3.99 -6.02 -0.86 - -1.25
Benchmark (%) 6.42 -4.44 1.00 - 0.80
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
3.88 5.35 1.16 3.35 3.99 -16.98 -4.24 - -8.57
Benchmark (%) 6.07 5.66 1.52 4.18 6.42 -12.73 5.10 - 5.85

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in SEK hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund as of 08.Dec2023 USD 3,237,116,278
Share Class launch date 19.Oct2016
Fund Launch Date 28.May2013
Share Class Currency SEK
Fund Base Currency USD
Asset Class Fixed Income
Benchmark Index JP Morgan EMBI Global Diversified Index
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charges Figures 0.04%
ISIN LU1499592894
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment SEK 10,000,000.00
Minimum Subsequent Investment SEK 5,000.00
Use of Income Accumulating
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category Other Bond
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGEX2SH
SEDOL BYWY9G6

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 30.Nov2023 936
Standard Deviation (3y) as of 30.Nov2023 10.23%
3y Beta as of 30.Nov2023 0.970
Yield to Maturity as of 30.Nov2023 7.50%
Modified Duration as of 30.Nov2023 6.48
Weighted Average YTM as of 30.Nov2023 7.49%
Effective Duration as of 30.Nov2023 6.55
Weighted Avg Maturity as of 30.Nov2023 11.09
WAL to Worst as of 30.Nov2023 11.09

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 25.Oct2023 BB
MSCI ESG % Coverage as of 25.Oct2023 92.36
MSCI ESG Quality Score (0-10) as of 25.Oct2023 3.90
MSCI ESG Quality Score - Peer Percentile as of 25.Oct2023 17.14
Fund Lipper Global Classification as of 25.Oct2023 Bond Emerging Markets Global HC
Funds in Peer Group as of 25.Oct2023 420
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 25.Oct2023 1,121.30
MSCI Weighted Average Carbon Intensity % Coverage as of 25.Oct2023 13.17
All data is from MSCI ESG Fund Ratings as of 25.Oct2023, based on holdings as of 30.Jun2023. 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 30.Nov2023 0.00%
MSCI - UN Global Compact Violators as of 30.Nov2023 2.23%
MSCI - Nuclear Weapons as of 30.Nov2023 0.00%
MSCI - Thermal Coal as of 30.Nov2023 0.16%
MSCI - Civilian Firearms as of 30.Nov2023 0.00%
MSCI - Oil Sands as of 30.Nov2023 0.00%
MSCI - Tobacco as of 30.Nov2023 0.00%

Business Involvement Coverage as of 30.Nov2023 12.57%
Percentage of Fund not covered as of 30.Nov2023 86.27%
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 0.74% and for Oil Sands 0.87%.

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.

Risk Labeling

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31.Oct2023
Name Weight (%)
KUWAIT STATE OF (GOVERNMENT) MTN RegS 3.5 03/20/2027 0.70
URUGUAY (ORIENTAL REPUBLIC OF) 5.1 06/18/2050 0.57
ECUADOR REPUBLIC OF (GOVERNMENT) RegS 3.5 07/31/2035 0.47
QATAR (STATE OF) RegS 5.103 04/23/2048 0.42
KAZAKHSTAN (REPUBLIC OF) MTN RegS 5.125 07/21/2025 0.42
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 4.25 01/07/2025 0.40
QATAR (STATE OF) RegS 4.817 03/14/2049 0.40
POLAND (REPUBLIC OF) 4.875 10/04/2033 0.39
POLAND (REPUBLIC OF) 5.5 04/04/2053 0.36
PETRONAS CAPITAL LTD MTN RegS 4.55 04/21/2050 0.36
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31.Oct2023

% of Market Value

Type Fund Benchmark Net
as of 31.Oct2023

% of Market Value

Type Fund Benchmark Net
as of 31.Oct2023

% of Market Value

Type Fund Benchmark Net
as of 31.Oct2023

% of Market Value

Type Fund Benchmark Net
as of 31.Oct2023

% 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

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class X2 Hedged SEK None 927.60 -1.39 -0.15 08.Dec2023 928.99 853.75 LU1499592894
Class X2 EUR None 120.43 0.02 0.02 08.Dec2023 120.43 110.61 LU1435395394
Class A2 USD None 124.61 -0.17 -0.14 08.Dec2023 124.78 114.42 LU0836513696
Class F2 USD None 105.09 -0.14 -0.13 08.Dec2023 105.23 96.47 LU1640626278
Class I2 USD None 125.42 -0.17 -0.14 08.Dec2023 125.59 115.13 LU1064902957
Class I2 Hedged EUR None 96.89 -0.14 -0.14 08.Dec2023 97.03 89.23 LU1373035663
Class D2 USD - 106.52 -0.15 -0.14 08.Dec2023 106.67 97.79 LU1811365029
Class D2 EUR - 117.53 0.02 0.02 08.Dec2023 117.53 108.03 LU1811365292
Class X7 USD Semi-Annual 78.05 -0.11 -0.14 08.Dec2023 80.55 71.63 LU2087589268
Class X2 Hedged EUR None 98.48 -0.14 -0.14 08.Dec2023 98.62 90.65 LU1387770735
Class I7 USD Semi-Annual 83.47 -0.11 -0.13 08.Dec2023 86.13 76.62 LU1333800438
Class X2 USD None 131.08 -0.18 -0.14 08.Dec2023 131.26 120.30 LU0826455437
Class I2 Hedged GBP None 103.49 -0.14 -0.14 08.Dec2023 103.63 95.14 LU1400680390
Class A2 Hedged EUR None 94.80 -0.14 -0.15 08.Dec2023 94.94 87.32 LU1373035580
Class N7 EUR Semi-Annual 92.73 0.02 0.02 08.Dec2023 94.47 86.35 LU0916237901

Portfolio Managers

Portfolio Managers

John Hutson
John Hutson
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 3 years
Example Investment SEK 100,000
Scenario
If you exit after 1 year
If you exit after 3 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
74,700 SEK
-25.3%
61,090 SEK
-15.1%

Unfavourable

What you might get back after costs
Average return each year
74,700 SEK
-25.3%
76,980 SEK
-8.3%

Moderate

What you might get back after costs
Average return each year
102,460 SEK
2.5%
109,100 SEK
2.9%

Favourable

What you might get back after costs
Average return each year
116,200 SEK
16.2%
121,710 SEK
6.8%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature

 
Please access the document library in order to find the KID/KIID in local language.