Fixed Income

N6M / QL2

iShares J.P. Morgan USD Asia Credit Bond Index ETF

IMPORTANT: Investment involves risk, including the loss of principal. Investors are advised to consider their own investment objectives and circumstances in determining the suitability of an investment in this Fund. An investment in this Fund may not be suitable for everyone. If you are in any doubt, you should consult your stockbroker, bank manager, solicitor, accountant or other financial adviser for independent financial advice. Investors should refer to the Fund prospectus for further details, including the product features and risk factors. Investors should not base on this marketing material alone to make investment decisions. Investors should note:
• Generally, investments in emerging markets are subject to a greater risk of loss than investments in a developed market. This is due to, among other things, greater market volatility, lower trading volume, political and economic instability, lack of regulation, greater risk of market shutdown and more governmental limitations on foreign investment policy than typically found in developed markets.
• Prices on the SGX are based on secondary market trading factors and may deviate significantly from the net asset value of the Fund.

Overview

Estimated NAV is indicative only and is provided on a delayed basis by ICE Data Services.
Loading

Performance

Performance

Chart

Performance chart data not available for display.
View full chart

Distributions

Ex-Date Payable Date Distribution
View full table
  1y 3y 5y 10y Incept.
9.48 6.09 4.54 - 5.20
Benchmark (%)

as of 30-Apr-2021

9.95 6.32 4.72 - 5.37
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-1.01 0.76 -1.10 1.58 9.48 19.42 24.87 - 65.38
Benchmark (%)

as of 30-Apr-2021

-0.82 0.75 -0.93 1.87 9.95 20.20 25.93 - 68.05
  2016 2017 2018 2019 2020 YTD
Total Return (%) 6.49 6.55 -1.60 12.86 5.67 -1.01
Benchmark (%) 6.25 6.70 -1.39 12.95 5.89 -0.82
Represents performance figures for each year ended 31 December, unless otherwise stated.

Performance is calculated on a single pricing basis (NAV to NAV) in USD and assumes dividend reinvestment. Change indicates the change since the previous business day. Refer to the Prospectus for more information on determination of Net Asset Value.

Past performance may not be repeated and is no guide for future performance or returns. Performance is calculated on a single pricing basis (NAV to NAV) in base currency, inclusive of all transaction fees and assumes dividend reinvestment. Index returns are for illustrative purposes only and do not represent actual iShares Funds or iShares Trusts performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

Key Facts

Key Facts

Net Assets as of 06-May-2021 USD 78,670,470
Shares Outstanding as of 06-May-2021 7,114,554
Base Currency U.S. Dollar
Inception Date 27-May-2011
Exchange Singapore Exchange
Asset Class Fixed Income
Methodology Sampled
Domicile Singapore
Use of Income Distributing
Benchmark J.P. Morgan Asia Credit Index - Core
Bloomberg Total Return Index Ticker JPEIJACC
Distribution Frequency Quarterly
Benchmark Rebalance Frequency Monthly
Management Fee 0.30%
Past performance is not indicative of future performance. Index returns are for illustrative purposes only and do not represent any actual iShares fund performance. Index returns do not reflect any management fees, transaction costs or expenses. An index is unmanaged and one cannot invest directly in an index. Change indicates the change since the previous business day's closing index level. Source: J.P. Morgan Securities LLC

Portfolio Characteristics

Portfolio Characteristics

Benchmark Level as of 07-May-2021 USD 256.74
Benchmark Ticker JPEIJACC
Weighted Avg YTM as of 06-May-2021 3.44%
Weighted Avg Coupon as of 06-May-2021 4.26%
Effective Duration as of 06-May-2021 5.85yrs
Weighted Avg Maturity as of 06-May-2021 7.92yrs
12m Trailing Yield as of 06-May-2021 3.44%
Standard Deviation (3yr) as of 30-Apr-2021 1.99
Option Adjusted Spread as of 06-May-2021 224.81

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07-Apr-2021 BB
MSCI ESG Quality Score (0-10) as of 07-Apr-2021 3.80
MSCI ESG Quality Score - Peer Percentile as of 07-Apr-2021 80.00
MSCI ESG % Coverage as of 07-Apr-2021 93.89
Fund Lipper Global Classification as of 07-Apr-2021 Bond Asia Pacific HC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Apr-2021 612.52
Funds in Peer Group as of 07-Apr-2021 115
All data is from MSCI ESG Fund Ratings as of 07-Apr-2021, based on holdings as of 28-Feb-2021. 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 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.

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 06-May-2021 0.00%
MSCI - UN Global Compact Violators as of 06-May-2021 0.61%
MSCI - Nuclear Weapons as of 06-May-2021 0.00%
MSCI - Thermal Coal as of 06-May-2021 0.75%
MSCI - Civilian Firearms as of 06-May-2021 0.00%
MSCI - Oil Sands as of 06-May-2021 0.00%
MSCI - Tobacco as of 06-May-2021 0.00%

Business Involvement Coverage as of 06-May-2021 60.31%
Percentage of Fund not covered as of 06-May-2021 39.69%
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 1.90% and for Oil Sands 2.96%.

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.

Holdings

Holdings

as of 06-May-2021
Name Weight (%)
As a percentage of market value
Ticker Name Weight (%) Price Market Value Notional Value Sector ISIN Coupon (%) Maturity Moody's Rating S&P Rating Barcap Rating Location Currency YTM (%) Duration
Total allocation percentages shown in the All Holdings tables may not equal 100%.
as of 06-May-2021
Ticker Name Weight (%) Price Market Value ISIN Coupon Maturity Moody's Rating S&P Rating Location Sector Currency
Not Rated is assigned by the rating agencies to unrated issues

Other indicates neither an official nor valid rating from the rating agencies are available



Information on Credit Quality criteria for inclusion in the index

Investors are advised to refer to the latest Sovereign Ratings of the countries available from S&P and Fitch for an updated and comprehensive view on the credit profile of the index

The attributes for the index constituents and the fund holdings are from different sources and thus may use different classifications and may not be the same.

The information shown in the Top Constituents section are updated daily except Maturity and Credit Ratings. Maturity and Credit Ratings are month end information and are refreshed approximately on the fifth day of each month.
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 06-May-2021

% of Weight

Type Fund Benchmark Net
as of 06-May-2021

% of Weight

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business. Bonds are included in US bond indices when the securities are denominated in U.S. dollars regardless of the domicile of the issuer. 
as of 06-May-2021

% of Weight

Type Fund Benchmark Net
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided.
as of 06-May-2021

% of Weight

Type Fund Benchmark Net
As a percentage of market value.

Participating Dealers

Participating Dealers

ABN AMRO Clearing Bank NV Singapore Branch
BNP PARIBAS Securities Services, Singapore Branch
Citigroup Global Markets Singapore Securities Pte Ltd
Commerzbank AG
Credit Suisse Securities (Singapore) Limited
Deutsche Securities Asia Limited
Goldman Sachs Futures Pte Ltd
The Hongkong and Shanghai Banking Corporation Limited
Jane Street Financial Limited
Macquarie Bank Limited
Maybank Kim Eng Securities Pte. Ltd.
Merrill Lynch (Singapore) Pte. Ltd.
Nomura Securities Singapore Pte. Ltd.
Société Générale, Singapore Branch
UBS Securities Pte Ltd

Ratings

Pricing & Exchange

Pricing & Exchange

Ticker Exchange Currency Listing Date Premium Discount Premium Discount As Of NAV NAV Amount Change NAV % Change NAV As Of Closing Price ISIN Closing Price $ Change Closing Price Change(%) Price As Of 20d Avg Volume Exchange Volume Bloomberg Ticker Bloomberg IOPV Bloomberg INAV Bloomberg Shares Out. SEDOL RIC Trading Board Lot
N6M XSES U.S. Dollar 02-Jun-2011 0.11 06-May-2021 11.06 0.02 0.14 06-May-2021 11.08 SG2D32970329 0.01 0.09 07-May-2021 64,384.00 61,350.00 AJAC SP N6MNAV N6MIV N6MSHO B4QN4L9 BRJP.SI 100.00
QL2 XSES Singapore Dollar 02-Jun-2011 - - - - - - 14.81 SG2D32970329 -0.02 -0.13 07-May-2021 860.00 5.00 AJACS SP - N6MIV N6MSHO B4QN4L9 BRJP-D.SI 100.00

Documents

Documents