Fixed Income

iShares World ex-Euro Government Bond Index Fund (IE)

  • NAV as of 13/Nov/2023 GBP 8.78
    52 WK: 8.62 - 9.25
  • 1 Day NAV Change as of 13/Nov/2023 -0.01 (-0.06%)

Overview

Investment Approach


The Fund aims to achieve a total return on your investment, through a combination of capital growth and income, which reflects the return of the FTSE World Government Bond Index (ex-EMU Government Bonds), the Fund’s benchmark index.

The Fund invests predominantly in the fixed income (FI) securities (such as bonds) that make up the Fund's benchmark index (which comprises world government bonds excluding EMU participant states). At the time of purchase, the FI securities will be investment grade rated (i.e. meet a specified level of credit worthiness). If the credit rating of a FI security is downgraded, the Fund may continue to hold this, until it is practicable to sell the position.

The benchmark index measures the performance of bonds issued by governments and includes countries in the FTSE World Government Bond Index but excludes countries in the FTSE EMU Government Bond Index. The benchmark index includes FI securities with a maturity (i.e. the time until they become due for repayment) which is greater than a year and which pay a fixed rate of interest.

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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Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.

Distributions

Ex-Date Total Distribution
View full table
Ex-Date Total Distribution
For more information: +353 1 612 3394 • www.blackrock.com • investor.services@blackrock.com

This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 4.8 4.6 -2.3 -11.9
Benchmark (%) 6.4 7.6 -5.2 -15.8

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

  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

- 3.66 -2.82 -11.60 -0.99
Benchmark (%)

as of 30/Sept/2023

- 5.73 -3.53 -18.44 -0.78
  1y 3y 5y 10y Incept.
Total Return (%) -1.36 -5.42 - - -1.22
Benchmark (%) -1.26 -8.29 - - -2.33
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) -1.87 -1.15 -3.35 -5.09 -1.36 -15.39 - - -5.84
Benchmark (%) -5.02 -1.63 -5.47 -7.88 -1.26 -22.87 - - -10.95

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 GBP, hedged share class benchmark performance is displayed in USD.

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 13/Nov/2023
GBP 31,276,417
Share Class launch date
30/Nov/2018
Share Class Currency
GBP
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.03%
ISIN
IE00BD5D0B54
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Global Diversified Bond - GBP Hedged
Dealing Frequency
Daily, forward pricing basis
SEDOL
BD5D0B5
Net Assets of Fund
as of 12/Dec/2024
USD 1,146,757,496
Fund Launch Date
02/Nov/2018
Fund Base Currency
USD
Benchmark Index
FTSE World Government Bond Index (ex-EMU Government Bonds)
Initial Charge
-
Management Fee
0.00%
Performance Fee
-
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRWXFGH

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Nov/2024
776
Standard Deviation (3y)
as of 31/Oct/2023
4.55%
Yield to Maturity
as of 29/Nov/2024
3.50
Weighted Average YTM
as of 29/Nov/2024
3.50%
Weighted Avg Maturity
as of 29/Nov/2024
8.83
12 Month Trailing Dividend Distribution Yield
as of 31/Dec/2023
2.03
3y Beta
as of 31/Oct/2023
0.620
Modified Duration
as of 29/Nov/2024
6.94
Effective Duration
as of 29/Nov/2024
6.92
WAL to Worst
as of 29/Nov/2024
8.83

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective 31/Oct/2023)
Analyst-Driven % as of 31/Oct/2023
20.00
Data Coverage % as of 31/Oct/2023
88.00

Holdings

Holdings

as of 29/Nov/2024
Name Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.4 07/15/2028 1.82
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.37 01/20/2027 1.34
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.8 03/24/2029 1.21
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.69 08/15/2032 0.88
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.12 10/25/2052 0.81
Name Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.44 10/15/2027 0.80
TREASURY NOTE 3.875 08/15/2034 0.69
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.6 09/15/2030 0.68
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.39 11/15/2026 0.64
TREASURY NOTE 3.625 08/31/2029 0.63
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/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 Flex Hedged Di GBP 8.78 -0.01 -0.06 13/Nov/2023 9.25 8.62 IE00BD5D0B54
Class Flexible Acc H USD 10.31 -0.02 -0.21 12/Dec/2024 10.49 9.85 IE0001JCX718
Class Flexible Acc H EUR 8.66 -0.02 -0.23 12/Dec/2024 8.85 8.37 IE00BMY53838
Flex USD 7.75 -0.02 -0.24 12/Dec/2024 8.07 7.54 IE00BYQQ0X26
Class D Acc EUR 11.40 -0.01 -0.09 12/Dec/2024 11.46 10.60 IE00BDZRS805
Inst Hedged Acc EUR 9.39 -0.02 -0.22 12/Dec/2024 9.60 9.08 IE00BGR7K831
Class Flexible Hedge SGD 10.17 -0.02 -0.22 12/Dec/2024 10.41 9.85 IE0007DDUVE7
Flex USD 19.56 -0.05 -0.24 12/Dec/2024 20.37 18.78 IE0005033380
Class D USD 9.41 -0.02 -0.24 12/Dec/2024 9.80 9.04 IE00BD0NC581
Inst EUR 9.92 -0.01 -0.09 12/Dec/2024 9.98 9.26 IE00BJK0X817
Class Flexible Hedge CHF 10.25 -0.02 -0.24 12/Dec/2024 10.55 10.08 IE000XJ730F3
Inst USD 13.28 -0.03 -0.24 12/Dec/2024 13.83 12.76 IE00B1W4R493

Portfolio Managers

Portfolio Managers

Missing portfolio manager content

Literature

Literature