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iShares Emerging Markets Local Government Bond Index Fund (IE)

Fixed Income
Fixed Income

iShares Emerging Markets Local Government Bond Index Fund (IE)

  • NAV as of 01.10.2026
    EUR 12,0052 WK: 11,21 - 12,11
  • 1 Day NAV Change as of 01.10.2026
    EUR 0,01(0,09%)
  • Morningstar Rating
  • NAV as of 01.10.2026
    EUR 12,0052 WK: 11,21 - 12,11
  • 1 Day NAV Change as of 01.10.2026
    EUR 0,01(0,09%)
  • Morningstar Rating

Investment Approach

The Fund aims to achieve a total return on your investment, through a combination of capital growth and income, which reflects the return of the J.P. Morgan Government Bond Index - Emerging Market Global Diversified Index, the Fund’s benchmark index (Index).

The Fund invests predominantly in fixed income (FI) securities (such as bonds) that make up the Index. The Index is comprised of local currency denominated fixed rate FI securities issued by emerging market sovereign and quasi-sovereign entities. Quasi-sovereign entities must be 100% guaranteed or 100% owned by the relevant sovereign entity.

At the time of purchase, the FI securities may be investment grade (i.e. meet a specified level of credit worthiness) non-investment grade or unrated. Below investment grade FI securities may constitute a significant portion of the Index. Such securities may be rated or are deemed by the investment manager to be of equivalent rating. If the credit rating of a FI security is downgraded, the Fund may continue to hold this, until it is practicable to sell the position.

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.

Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of perceived risk. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment.

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

Performance

This chart shows the product’s performance as the percentage loss or gain per year over the last 7 years against its benchmark. It can help you to assess how the product has been managed in the past and compare it to its benchmark.

2016201720182019202020212022202320242025
Total Return (%) EUR
15,0
-6,0
-2,0
-5,8
8,4
4,1
4,8
Benchmark (%) EUR
15,6
-5,8
-1,8
-5,9
8,9
4,1
5,2

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

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

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 Risks

Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Non-investment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of risk.Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets, failed/delayed delivery of securities or payments to the Fund and sustainability-related risks.Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment.Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies.Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

Key Facts

Net Assets
as of 01.10.2026
EUR 11 046 361
Share Class launch date
04.05.2018
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0,10%
ISIN
IE00BD9H4D36
Minimum Initial Investment
EUR 500000
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Global Emerging Markets Bond - Local Currency
Dealing Frequency
Daily, forward pricing basis
SEDOL
BD9H4D3
Net Assets of Fund
as of 01.10.2026
USD 2 136 285 872
Fund Launch Date
04.05.2018
Fund Base Currency
USD
Benchmark Index
JP Morgan GBI-EM Global Diversified Index (EUR)
Initial Charge
0,00%
Management Fee
0,00%
Performance Fee
0,00%
Minimum Subsequent Investment
EUR 5000
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRLGFEA

Portfolio Characteristics

Number of Holdings
as of 31.08.2026
377
3y Beta
as of 31.08.2026
1,011
Modified Duration
as of 31.08.2026
5,26
Effective Duration
as of 31.08.2026
5,26
WAL to Worst
as of 31.08.2026
7,65
Standard Deviation (3y)
as of 31.08.2026
4,91%
Yield to Maturity
as of 31.08.2026
6,72
Weighted Average YTM
as of 31.08.2026
6,72%
Weighted Avg Maturity
as of 31.08.2026
7,65

Risk Indicator

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

Ratings

Morningstar Rating

Morningstar Rating

Overall
starstarstar
Overall Morningstar Rating for iShares Emerging Markets Local Government Bond Index Fund (IE), Class Flexible Acc, as of 31.08.2026 rated against 845 Global Emerging Markets Bond - Local Currency Funds.
Bronze Medal
Morningstar Medalist Rating
Morningstar has awarded the Fund a Bronze medal. (Effective 31.08.2026)
20,00%
Analyst-Driven %
as of 31.08.2026
100,00%
Data Coverage %
as of 31.08.2026

Holdings

Holdings subject to change

Exposure Breakdowns

% of Market Value as of
31.08.2026
Type
Fund
Benchmark
Net
Treasury95,75100,00-4,25
Funds3,630,003,63
Cash and/or Derivatives0,580,000,58
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
NAV
NAV Amount Change
NAV % Change
NAV As Of
52wk High
52wk Low
ISIN
Class D AccUSD11,20-0,08-0,7401.10.202611,6610,87IE00BF2N5W82
Class D AccEUR12,250,010,0901.10.202612,3511,45IE000HDKMJN5
Class D DistGBP7,85-0,01-0,1801.10.20268,257,85IE00BKFVZC40
Class Flexible AccEUR12,000,010,0901.10.202612,1111,21IE00BD9H4D36
Class Inst AccUSD11,67-0,09-0,7401.10.202612,1511,33IE000OZZKBN3
Flexible DistGBP9,92-0,02-0,1801.10.202610,429,91IE000A8DUDZ3
Inst AccGBP10,63-0,02-0,1801.10.202610,8610,15IE00BM9G6X72

1 to 7 of 7

Portfolio Managers

Samia Zhaibet
Samia Zhaibet

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 EUR 10 000
as of
Scenarios
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
8 470 EUR
-15,3%
7 890 EUR
-7,6%

Unfavourable

What you might get back after costs
Average return each year
9 140 EUR
-8,6%
8 680 EUR
-4,6%

Moderate

What you might get back after costs
Average return each year
10 230 EUR
2,3%
10 430 EUR
1,4%

Favourable

What you might get back after costs
Average return each year
11 780 EUR
17,8%
11 990 EUR
6,2%
The stress scenario shows what you might get back in extreme market circumstances.



For funds with an investment objective that include the integration of ESG criteria, there may be corporate actions or other situations that may cause the fund or index to passively hold securities that may not comply with ESG criteria. Please refer to the fund’s prospectus for more information. The screening applied by the fund's index provider may include revenue thresholds set by the index provider. The information displayed on this website may not include all of the screens that apply to the relevant index or the relevant fund. These screens are described in more detail in the fund’s prospectus, other fund documents, and the relevant index methodology document.

Review the MSCI methodology behind the Sustainability Characteristics and Business Involvement metrics: 1ESG Fund Ratings; 2Index Carbon Footprint Metrics; 3Business Involvement Screening Research; 4ESG Screened Index Methodology; 5ESG Controversies; 6MSCI Implied Temperature Rise

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