Fixed Income

BlackRock Euro Government Enhanced Index Fund

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

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Performance

Performance

Chart

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This chart shows the fund's performance as the percentage loss or gain per year over the last 0 years.

  2018 2019 2020 2021 2022
Total Return (%)
Comparator Benchmark 1 (%)

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

  1y 3y 5y 10y Incept.
-1,90 - - - -10,65
Comparator Benchmark 1 (%) -2,01 - - - -10,76
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
0,32 0,43 -1,87 -1,85 -1,90 - - - -17,09
Comparator Benchmark 1 (%) 0,41 0,40 -1,97 -2,01 -2,01 - - - -17,26
  From
30-Sept-2018
To
30-Sept-2019
From
30-Sept-2019
To
30-Sept-2020
From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
Total Return (%)

as of 30.Sept.2023

- - - - -2,07
Comparator Benchmark 1 (%)

as of 30.Sept.2023

- - - - -2,22

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 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

Key Facts

Key Facts

Net Assets
as of 17.Nov.2023
EUR 535 571
Share Class launch date
01.Mar.2022
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0,18%
Annual Management Fee
0,15%
Minimum Initial Investment
EUR 100 000,00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
Net Assets of Fund
as of 11.Jul.2024
EUR 125 641 034
Fund Launch Date
01.Dec.2005
Fund Base Currency
EUR
Comparator Benchmark 1
FTSE EMU Government Bond Index
Initial Charge
0,00%
ISIN
IE000VYDX630
Performance Fee
0,00%
Minimum Subsequent Investment
EUR 5 000,00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
SEDOL
BN0X8T4

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28.Jun.2024
105
3y Beta
as of -
-
Modified Duration
as of 28.Jun.2024
7,20
Effective Duration
as of 28.Jun.2024
7,32
WAL to Worst
as of 28.Jun.2024
9,19
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of 28.Jun.2024
3,22%
Weighted Average YTM
as of 28.Jun.2024
3,22%
Weighted Avg Maturity
as of 28.Jun.2024
9,19

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.Jun.2024
A
MSCI ESG Quality Score (0-10)
as of 21.Jun.2024
6,45
Fund Lipper Global Classification
as of 25.Oct.2023
Bond EMU Government
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 21.Jun.2024
5,61
MSCI ESG % Coverage
as of 21.Jun.2024
99,92
MSCI ESG Quality Score - Peer Percentile
as of 25.Oct.2023
53,85
Funds in Peer Group
as of 25.Oct.2023
169
MSCI Weighted Average Carbon Intensity % Coverage
as of 21.Jun.2024
0,29
All data is from MSCI ESG Fund Ratings as of 21.Jun.2024, based on holdings as of 29.Feb.2024. 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 28.Jun.2024
0,00%
MSCI - Nuclear Weapons
as of 28.Jun.2024
0,00%
MSCI - Civilian Firearms
as of 28.Jun.2024
0,00%
MSCI - Tobacco
as of 28.Jun.2024
0,00%
MSCI - UN Global Compact Violators
as of 28.Jun.2024
0,00%
MSCI - Thermal Coal
as of 28.Jun.2024
0,00%
MSCI - Oil Sands
as of 28.Jun.2024
0,00%

Business Involvement Coverage
as of 28.Jun.2024
1,06%
Percentage of Fund not covered
as of 28.Jun.2024
98,94%
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 0,00% and for Oil Sands 0,00%.

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.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in combination with other information in the research and due diligence stage of the investment process. The Fund manager has developed internal research signals to help evaluate corporate issuers on climate, governance and human capital issues. ESG information may be sourced from both internal and external sources. The Fund manager conducts regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

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 28.Jun.2024
Name Weight (%)
SPAIN (KINGDOM OF) 3.45 10/31/2034 6,27
BELGIUM KINGDOM OF (GOVERNMENT) 0 10/22/2027 4,12
NETHERLANDS (KINGDOM OF) 2.5 07/15/2034 3,95
GERMANY (FEDERAL REPUBLIC OF) 2.4 11/15/2030 3,79
ITALY (REPUBLIC OF) 3.5 02/15/2031 3,11
Name Weight (%)
SPAIN (KINGDOM OF) 2.5 05/31/2027 2,81
NETHERLANDS (KINGDOM OF) 0 01/15/2029 2,59
GERMANY (FEDERAL REPUBLIC OF) 2.1 11/15/2029 2,35
SPAIN (KINGDOM OF) 4 10/31/2054 2,29
GERMANY (FEDERAL REPUBLIC OF) 3.1 09/18/2025 2,13
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28.Jun.2024

% of Market Value

Type Fund Benchmark Net
as of -

% of Market Value

Type Fund
as of 28.Jun.2024

% of Market Value

Type Fund Benchmark Net
as of 28.Jun.2024

% 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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D Acc EUR 8,46 -0,01 -0,07 17.Nov.2023 8,77 8,17 IE000VYDX630
Flex EUR 18,03 0,09 0,47 11.Jul.2024 18,35 16,79 GB0033157453

Portfolio Managers

Portfolio Managers

Vish Acharya
Vish Acharya

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 EUR 10 000
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
8 010 EUR
-19,9%
7 320 EUR
-9,9%

Unfavourable

What you might get back after costs
Average return each year
8 010 EUR
-19,9%
7 790 EUR
-8,0%

Moderate

What you might get back after costs
Average return each year
10 110 EUR
1,1%
10 460 EUR
1,5%

Favourable

What you might get back after costs
Average return each year
11 190 EUR
11,9%
11 370 EUR
4,4%

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.