iShares Overseas Corporate Bond Index Fund (UK)

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Bid price as of 15-Feb-19 GBP 1.485
Morningstar Rating

3

Overall Morningstar Rating for iShares Overseas Corporate Bond Index Fund (UK) as of 31-Jan-19 rated against 99.00 Global Corporate Bond Funds.
Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 13-Nov-18)

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Overview

Investment Approach

The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, by tracking closely the performance of the Barclays Global Aggregate Corporate ex-GBP, the Fund’s benchmark index. The Fund invests in fixed income securities (such as bonds) that make up the benchmark index and, at the time of purchase, comply with the credit rating requirements of the benchmark index. Please note, subject to receiving applicable regulatory consent the name of this fund will be changing on 30 June 2017. For further information, please visit https://www.blackrock.com/international/intermediaries/en-zz/rebranding-of-certain-blackrock-funds

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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.

The value of your investment and the income from it will vary and your initial investment amount is not guaranteed. Overseas investments will be affected by movements in currency exchange rates. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The Fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due.

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

Returns

Discrete Annual
Annualised
Cumulative

	From 31-Dec-2013 To 31-Dec-2014	From 31-Dec-2014 To 31-Dec-2015	From 31-Dec-2015 To 31-Dec-2016	From 31-Dec-2016 To 31-Dec-2017	From 31-Dec-2017 To 31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. as of 31-Dec-18	8.43	0.35	25.13	-1.38	2.58
Benchmark (%) Index: BBG Barc Global Agg Corporate ex GBP Index<br /><br /> Index returns are for illustrative purposes only. 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. as of 31-Dec-18	9.34	2.11	25.17	-0.64	2.71

	1y	3y	5y	10y	Incept.
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. as of 31-Jan-19	5.32	6.27	5.99	-	4.77
Benchmark (%) Index: BBG Barc Global Agg Corporate ex GBP Index.<br /><br /> Index returns are for illustrative purposes only. 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. as of 31-Jan-19	6.35	6.64	6.77	-	5.60

Missing average annual returns data

	YTD	1m	3m	1y	3y	5y	10y	Incept.
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. as of 31-Jan-19	-1.70	-1.70	-0.41	5.32	20.00	33.77	-	45.25
Benchmark (%) Index: BBG Barc Global Agg Corporate ex GBP Index.<br /><br /> Index returns are for illustrative purposes only. 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. as of 31-Jan-19	-1.13	-1.13	0.15	6.35	21.26	38.73	-	54.71

Missing cumulative returns data

The figures shown relate to past performance. Past performance is not a reliable indicator of 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 fund 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

Chart

Performance chart data not available for display.

Reinvestments

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

Custom Columns

Record Date
Ex-Date
Payable Date
Total Distribution

Record Date	Ex-Date	Payable Date	Total Distribution

Key Facts

Size of Fund (Millions) as of 18-Feb-19 GBP 1,561.716

Price Yield as of 24-Jan-18 2.39

Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of 31-Jan-19 4989

Base Currency British Pound

Fund Launch Date 28-Jan-11

Share Class launch date 28-Jan-11

Asset Class Fixed Income

Benchmark Index BBG Barc Global Agg Corporate ex GBP Index

Investment Association Category Global Bonds

Domicile United Kingdom

Regulatory Structure UCITS

Management Company BlackRock Fund Managers Ltd

Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 0.51%

ISIN GB00B5M1ZD36

Bloomberg Ticker BOCBTAA

Initial Charge 5.00%

Performance Fee 0.00%

SEDOL B5M1ZD3

Bloomberg Benchmark Ticker BCRPXGBP

Dealing Settlement Trade Date + 3 days

Dealing Frequency Daily, forward pricing basis

Minimum Initial Investment GBP 500

Minimum Subsequent Investment GBP 100

Use of Income Accumulating

Portfolio Characteristics

Weighted Average YTM Yield to Maturity (YTM) is the discount rate that equates the present value of a bond's cash flows with its market price (including accrued interest). The Fund Average YTM is the weighted average of the fund's individual bond holding YTMs based upon Net Asset Value ('NAV'). The measure does not include fees and expenses. as of 31-Jan-19 3.14%

Modified Duration as of 31-Jan-19 6.18

Effective Duration Effective Duration is a measure of the potential impact on a bond or portfolio price of a 1% change in interest rates across all maturities. It takes into account the possible changes in expected bond cash flows for bonds with embedded optionality (for example the bond issuer's right to redeem bonds at a pre-determined price on certain dates) due to the 1% change in rates. as of 31-Jan-19 6.21

Weighted Avg Maturity Weighted Average Maturity is the length of time until the average security in the fund will mature or be redeemed by its issuer. It indicates a fixed income fund's sensitivity to interest rate changes. Longer average weighted maturity implies greater volatility in response to interest rate changes. This metric considers the likelihood that bonds will be called or prepaid. as of 31-Jan-19 8.71

WAL to Worst The weighted average time to receipt of principal, adjusting for embedding optionality. as of 31-Jan-19 8.71

Risk Indicator

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Typically low rewards Typically high rewards

Ratings

Morningstar Rating

Overall iShares Overseas Corporate Bond Index Fund (UK) received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and - stars for the 10-year period, rated against 99, 61 and 6 Global Corporate Bond Funds, respectively. Performance results represent past performance and are no guarantee of future results.<br /><br />For each U.S.-domiciled fund with at least a 3-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars and the bottom 10% receive one star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics.<br /><br />Morningstar Ratings are for the share classes cited only; other classes may have different ratings.

3

Overall Morningstar Rating for iShares Overseas Corporate Bond Index Fund (UK), Class A, as of 31-Jan-19 rated against 99 Global Corporate Bond Funds.

Morningstar Analyst Rating

Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 13-Nov-18)

Holdings

Top

as of 31-Jan-19

Name	Weight (%)
JAPAN (GOVERNMENT OF) 10YR #310 1 09/20/2020	0.42
JAPAN (GOVERNMENT OF) 10YR #333 0.6 03/20/2024	0.17
JAPAN (GOVERNMENT OF) 10YR #303 1.4 09/20/2019	0.14
VERIZON COMMUNICATIONS INC 4.329 09/21/2028	0.13
INTERNATIONAL BUSINESS MACHINES CO 0.3 11/02/2026	0.11

Name	Weight (%)
BANK OF AMERICA CORP 3.004 12/20/2023	0.11
JPMORGAN CHASE & CO 4.35 08/15/2021	0.10
COMCAST CORPORATION 4.15 10/15/2028	0.10
CVS HEALTH CORP 4.3 03/25/2028	0.10
ANHEUSER-BUSCH INBEV FINANCE INC 2.65 02/01/2021	0.10

Holdings subject to change

as of 31-Jan-19

% of Market Value

Type	Fund	Benchmark	Net

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as of 31-Jan-19

% of Market Value

Type	Fund	Benchmark	Net

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as of 31-Jan-19

% of Market Value

Type	Fund	Benchmark	Net

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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	Distribution Frequency	Bid Price	ISIN	TIS
Class A	None	1.49	GB00B5M1ZD36	-
Class X	Daily	1.25	GB00B7Z14D76	-
Class D	Daily	1.35	GB00BNB74B95	-
Class L	None	1.51	GB00B58Z2382	-
Class H	None	1.35	GB00BPFJD529	-
Class X	None	1.46	GB00B5W76K51	-
Class H	Daily	1.22	GB00BPFJD743	-
Class D	None	1.50	GB00B58YKH53	-

Portfolio Managers

Darren Wills

Literature

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Performance

Performance

Returns

Chart

Reinvestments

Key Facts

Key Facts

Portfolio Characteristics

Portfolio Characteristics

Risk Indicator

Risk Indicator

Ratings

Ratings

Morningstar Rating

Morningstar Analyst Rating

Holdings

Holdings

Exposure Breakdowns

Exposure Breakdowns

Pricing & Exchange

Portfolio Managers

Portfolio Managers

Literature

Literature