Fixed Income

iShares Euro Credit Bond Index Fund (IE)

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund invests in fixed interest securities issued by companies which, compared to bonds issued or guaranteed by governments, are exposed to greater risk of default in the repayment of the capital provided to the company or interest payments due to the fund. The fund investments may be subject to liquidity constraints, which means that shares may trade less frequently and in small volumes, for instance smaller companies. As a result, changes in the value of investments may be more unpredictable. In certain cases, it may not be possible to sell the security at the last market price quoted or at a value considered to be fairest. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held.
Show Fewer
Loading

Performance

Performance

  • Returns

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in EUR.

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

Chart

Performance chart data not available for display.
View full chart

Distributions

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

Key Facts

Key Facts

Size of Fund (Millions) as of 04-Dec-19 EUR 1,711.463
Fund Launch Date 01-Dec-05
Inception Date 25-Oct-12
Base Currency EUR
Asset Class Fixed Income
Morningstar Category EUR Corporate Bond
Benchmark Index FTSE EuroBIG ex Domestic Treasury Index
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE00B1N7Z987
Bloomberg Ticker BAREUCP
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B1N7Z98
Bloomberg Benchmark Ticker EZNBIFTTHP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 250000
Minimum Subsequent Investment EUR 50000
Use of Income Distributing

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for iShares Euro Credit Bond Index Fund (IE), Inst, as of 30-Nov-19 rated against 942 EUR Corporate Bond Funds.

Holdings

Holdings

as of 31-Oct-19
Name Weight (%)
EUROPEAN INVESTMENT BANK 4.125 04/15/2024 0.25
EUROPEAN INVESTMENT BANK MTN 2.25 10/14/2022 0.24
EUROPEAN INVESTMENT BANK MTN 4 04/15/2030 0.22
CAISSE DAMORT DETTE SOC MTN RegS 4.375 10/25/2021 0.20
EUROPEAN INVESTMENT BANK MTN 4 10/15/2037 0.20
Name Weight (%)
EUROPEAN INVESTMENT BANK MTN 4.5 10/15/2025 0.19
EUROPEAN FINANCIAL STABILITY FACIL MTN RegS 3.375 07/05/2021 0.19
EUROPEAN INVESTMENT BANK MTN RegS 0.25 10/14/2024 0.18
EUROPEAN INVESTMENT BANK MTN 2.75 09/15/2021 0.18
EUROPEAN INVESTMENT BANK MTN 2.125 01/15/2024 0.17
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-19

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-19

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-19

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Oct-19

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-19

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-19

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Inst EUR Annual 10.50 -0.01 -0.10 10.70 10.08 10.48 IE00B1N7Z987 10.52 -
Class D EUR None 10.63 -0.01 -0.10 10.81 10.05 10.61 IE00BD0NC698 10.65 -
Inst EUR None 23.45 -0.02 -0.10 23.86 22.18 23.40 IE0031080645 23.49 -
Flex EUR None 24.13 -0.02 -0.10 24.55 22.80 24.09 IE0005032192 24.17 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature