Fixed Income

2829 / 82829 / 9829

iShares China Government Bond ETF

IMPORTANT:Investment involves risk, including the loss of principal. Investors should refer to the Prospectus and Key Facts Statement of the iShares China Government Bond ETF (the “ETF”) for details, including the risk factors. If in any doubt, you should consult your stockbroker, bank manager, solicitor, accountant or other financial adviser for independent financial advice.  Investors should not base investment decisions on this marketing material alone. Investors should note:
•  The ETF aims to provide investment results that, before fees and expenses, closely correspond to the performance of the FTSE Chinese Government Bond Index (“the Underlying Index”).
•  The ETF is subject to general market risk and may fall in value and there is no guarantee of the repayment of principal. There is no assurance that the ETF will achieve its investment objective. The Underlying Index is a new index and the ETF may be riskier than other exchange traded funds tracking more established indices with longer operating history..
•  Investments in the PRC may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility. The ETF’s exposure is concentrated in the PRC and in bonds of a few issuers, and may be more volatile than funds adopting a more diversified strategy.  
• Investing in the PRC inter-bank bond market via Bond Connect and/or Foreign Access Regime is subject to regulatory risks and various risks such as volatility risk, liquidity risk, settlement and counterparty risk as well as other risk factors typically applicable to debt securities such as issuer’s credit/ default risk, interest rate risk, downgrading risk, sovereign debt risk, valuation risk, credit rating risk. The relevant rules and regulations are subject to change which may have potential retrospective effect. If a counterparty defaults in delivering securities, the trade may be cancelled which may adversely affect the value of the ETF.
• The ETF is subject to tracking error risk, which is the risk that its performance may not track that of the Underlying Index exactly.
• The ETF is subject to risks and uncertainties associated with the current PRC tax laws, regulations and practice in respect investments in the PRC via Bond Connect or Foreign Access Regime. Any increased tax liabilities on the ETF may adversely affect its value.
• The ETF’s base currency is in RMB but has units traded in USD or HKD (in addition to RMB). Investors may be subject to additional costs or losses associated with foreign currency fluctuations between the base currency and the USD or HKD trading currency when trading units in the secondary market.
•    If there is a suspension of the inter-counter transfer of units between the counters and/or any limitation on the level of services provided by brokers and CCASS participants, Unitholders will only be able to trade their units in one counter. The market price of units traded in each counter may deviate significantly.
• Termination of the market making arrangement may lead to risk of liquidity in the market for the units being adversely affected if there is no or only one market maker for the units on any counter. The units of the ETF are traded on the SEHK. The trading price of the units is subject to market factors and may trade at a substantial premium or discount to the ETF’s NAV.
• The Manager may at its discretion pay distributions out of capital, or effectively out of capital, of the ETF. Payment of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the NAV per unit.

Overview

Estimated NAV per unit is indicative and for reference purposes only. It is calculated and disseminated on a delayed basis by Deutsche Borse AG (and displayed on this website by Interactive Data) using the Estimated NAV per unit in the Base Currency multiplied by the WM Reuters 4:00p.m (London time)* FX rate for each trading currency for the previous Dealing Day, as displayed below under “Pricing and Exchange” under the column headed “FX to Base Ccy”. The near real time estimated NAV per unit (i) is updated at 15-second intervals during trading hours of the Stock Exchange of Hong Kong and (ii) does not use a real time exchange rate between the Base Currency and each trading currency.

*Please note 4:00pm (London time) (i) during British Summer Time is equivalent to 11:00pm Hong Kong Time and (ii) otherwise is equivalent to 12:00am Hong Kong Time.
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Performance

Performance

Chart

Performance chart data not available for display.
View Charts & Calendar Year Performance

Distributions

 
Performance of this share class of the fund will be shown 6 months after inception.
Performance of this share class of the fund will be shown 6 months after inception.
Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. The price of the investments may go up or down and the investor may not get back the amount invested.

Source: BlackRock. Performance data is displayed on a Net Asset Value basis, net of fees. Brokerage or transaction fees will apply.

Key Facts

Key Facts

Net Assets as of 25-Nov-2021 RMB 3,262,619,502
Shares Outstanding as of 25-Nov-2021 64,470,000
Base Currency RMB
Inception Date 18-Oct-2021
Exchange Hong Kong Stock Exchange
Asset Class Fixed Income
Domicile Hong Kong
Benchmark Index FTSE Chinese Government Bond CNY Index
Distribution Frequency Semi-Annually
Management Fee 0.18%
Derivative Fund No
For premium / discount information, please refer to the pricing & exchange table below.

Portfolio Characteristics

Portfolio Characteristics

Benchmark Level as of 17-Nov-2021 RMB 157.31
Benchmark Ticker CFIICNL
Weighted Average YTM as of 25-Nov-2021 2.77
Weighted Avg Coupon as of 25-Nov-2021 2.74
Weighted Avg Maturity as of 25-Nov-2021 7.03
Effective Duration as of 25-Nov-2021 5.48
Standard Deviation (3y) as of - -

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered 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. For newly launched funds, sustainability characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Holdings

Holdings

as of 25-Nov-2021
Name Weight (%)
Ticker Name Weight (%) Price Notional Value Sector ISIN Coupon (%) Maturity Credit Rating (Citi) Location YTM (%) Duration
Holdings are subject to change.

Exposure Breakdowns

Exposure Breakdowns

as of 25-Nov-2021

% of Weight

Type Fund
as of 25-Nov-2021

% of Weight

Type Fund
as of 25-Nov-2021

% of Weight

Type Fund
Allocations are subject to change.

Participating Dealers

Participating Dealers

Haitong International Securities Group Limited
The Hongkong and Shanghai Banking Corporation Limited
Mirae Asset Securities (HK) Limited
Merrill Lynch Far East Limited

Exchange

Exchange

Ticker Exchange Currency Listing Date Premium Discount Premium Discount As Of NAV NAV $ Change NAV % Change NAV As Of Closing Price ISIN Closing Price $ Change Closing Price % Change Price As Of FX to Base Ccy 20d Avg Volume Exchange Volume Bloomberg Ticker Bloomberg IOPV Bloomberg INAV Bloomberg Shares Out. SEDOL RIC Trading Board Lot
2829 XHKG Hong Kong Dollar 21-Oct-2021 0.08 25-Nov-2021 61.77 0.09 0.14 25-Nov-2021 61.82 HK0000782851 0.00 0.00 26-Nov-2021 1.22056 4,111.00 300.00 2829 HK 2829NAV 2829IV 2829SHO BMV9PT3 2829.HK 10.00
82829 XHKG RMB 21-Oct-2021 0.11 25-Nov-2021 50.61 0.02 0.03 25-Nov-2021 50.70 HK0000782877 0.04 0.08 26-Nov-2021 - 250.00 - 82829 HK 82829NAV 82829IV 82829SHO BMV9PW6 82829.HK 10.00
9829 XHKG U.S. Dollar 21-Oct-2021 -0.03 25-Nov-2021 7.92 0.01 0.15 25-Nov-2021 7.93 HK0000782869 0.01 0.13 26-Nov-2021 0.15654 0.00 - 9829 HK 9829NAV 9829IV 9829SHO BMV9PV5 9829.HK 10.00

Documents

Documents