Fixed Income

iShares GiltTrak Index Fund (IE)

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 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 invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater effect on the overall value of this fund. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events.
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Performance

Performance

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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) 2.4 -4.3 13.7 0.5 10.0 1.8 0.5 6.8 8.1 -5.3
Benchmark (%) 2.7 -3.9 13.9 0.6 10.1 1.8 0.6 6.9 8.3 -5.2
  From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
Total Return (%)

as of 30-Jun-22

1.88 4.81 11.07 -6.34 -13.69
Benchmark (%)

as of 30-Jun-22

1.93 4.90 11.18 -6.24 -13.60
  1y 3y 5y 10y Incept.
-19.74 -6.96 -2.32 0.81 3.46
Benchmark (%) -19.66 -6.86 -2.23 0.93 3.72
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-18.58 -7.63 -6.96 -14.14 -19.74 -19.45 -11.09 8.36 107.19
Benchmark (%) -18.55 -7.64 -6.94 -14.12 -19.66 -19.21 -10.68 9.69 118.78

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 GBP, hedged Share Class Benchmark performance is displayed in GBP.

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 as of 29-Sep-22 GBP 15,154,077
Net Assets of Fund as of 29-Sep-22 GBP 149,083,711
Inception Date 01-Dec-05
Fund Launch Date 22-May-00
Share Class Currency GBP
Base Currency GBP
Asset Class Fixed Income
Benchmark Index FTSE Actuaries UK Conventional Gilts All Stocks Index
Index Ticker -
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charges Figures 0.13%
Annual Management Fee 0.10%
Performance Fee 0.00%
Minimum Initial Investment GBP 500,000.00
Minimum Subsequent Investment GBP 100,000.00
Distribution Frequency Daily
Use of Income Distributing
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category GBP Government Bond
Dealing Settlement Trade Date + 2 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGIGILD
ISIN IE0030308773
SEDOL 3030877

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 31-Aug-22 57
12m Trailing Yield as of 31-Aug-22 2.20
Standard Deviation (3y) as of 31-Aug-22 8.67%
3y Beta as of 31-Aug-22 0.999
Yield to Maturity as of 31-Aug-22 2.92
Modified Duration as of 31-Aug-22 9.96
Weighted Average YTM as of 31-Aug-22 2.92%
Effective Duration as of 31-Aug-22 9.98
Weighted Avg Maturity as of 31-Aug-22 13.59
WAL to Worst as of 31-Aug-22 13.59

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-Sep-22 A
MSCI ESG % Coverage as of 21-Sep-22 100.00
MSCI ESG Quality Score (0-10) as of 21-Sep-22 5.90
MSCI ESG Quality Score - Peer Percentile as of - -
Fund Lipper Global Classification as of 21-Sep-22 Bond GBP Government
Funds in Peer Group as of 21-Sep-22 162
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
MSCI Weighted Average Carbon Intensity % Coverage as of 21-Sep-22 0.00
All data is from MSCI ESG Fund Ratings as of 21-Sep-22, based on holdings as of 31-May-22. 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% 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. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

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

4 stars
Overall Morningstar Rating for iShares GiltTrak Index Fund (IE), Inst, as of 31-Aug-22 rated against 196 GBP Government Bond Funds.

Holdings

Holdings

as of 31-Aug-22
Name Weight (%)
UK CONV GILT 4.75 12/07/2030 3.24
UK CONV GILT 1.5 07/22/2026 2.86
UK CONV GILT 4.5 09/07/2034 2.77
UK CONV GILT 2 09/07/2025 2.68
UK CONV GILT 4.25 06/07/2032 2.67
Name Weight (%)
UK CONV GILT 0.625 06/07/2025 2.51
UK CONV GILT 2.75 09/07/2024 2.49
UK CONV GILT 1.25 07/22/2027 2.48
UK CONV GILT 0.875 10/22/2029 2.46
UK CONV GILT 4.25 12/07/2027 2.27
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Aug-22

% of Market Value

Type Fund Benchmark Net
as of 31-Aug-22

% of Market Value

Type Fund Benchmark Net
as of 31-Aug-22

% 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 TIS
Inst GBP Daily 8.16 -0.02 -0.20 29-Sep-22 11.66 7.68 IE0030308773 -
Flex GBP None 12.09 -0.02 -0.20 29-Sep-22 16.92 11.37 IE00B5BD4447 -
Inst GBP None 20.34 -0.04 -0.20 29-Sep-22 28.51 19.14 IE0007410420 -
Class D GBP None 8.24 -0.02 -0.20 29-Sep-22 11.54 7.75 IE00BD0NC250 -

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner
PortSols RATES LON GFI-EU Group
PortSols RATES LON GFI-EU Group

Literature

Literature