Fixed Income

SKUK

iShares $ Sukuk UCITS ETF

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.

Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies. Shari'ah funds generally do not pay interest and are prohibited from investing in businesses that are considered unlawful under Islamic principles. As a result, they may perform differently from other funds that do not follow Islamic principles. Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk.

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

Distributions

Record Date Ex-Date Payable Date
View full table
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Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

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 USD, 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. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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/Dec/2024
USD 46,313,891
Share Class launch date
17/Jan/2024
Share Class Currency
USD
Asset Class
Fixed Income
SFDR Classification
Other
Total Expense Ratio
0.40%
Distribution Frequency
Semi-Annual
Domicile
Ireland
Rebalance Frequency
Monthly
UCITS Compliant
Yes
Fund Manager
BlackRock Asset Management Ireland Limited
Custodian
The Bank of New York Mellon SA/NV, Dublin Branch
Bloomberg Ticker
SKUK NA
ISA Eligibility
Yes
Net Assets of Fund
as of 13/Dec/2024
USD 46,313,891
Fund Launch Date
17/Jan/2024
Fund Base Currency
USD
Benchmark Index
J.P. Morgan EM Aggregate Sukuk Index
Shares Outstanding
as of 13/Dec/2024
9,131,867
ISIN
IE000929U2U9
Use of Income
Distributing
Product Structure
Physical
Methodology
Sampled
Issuing Company
iShares II plc
Administrator
BNY Mellon Fund Services (Ireland) Designated Activity Company
Fiscal Year End
31 October
SIPP Available
Yes
UK Reporting Status
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 12/Dec/2024
153
Benchmark Ticker
JPEIEMAS
Standard Deviation (3y)
as of -
-
Weighted Average YTM
as of 12/Dec/2024
5.30%
Weighted Avg Maturity
as of 12/Dec/2024
4.79
Benchmark Level
as of 13/Dec/2024
USD 137.40
12 Month Trailing Dividend Distribution Yield
as of 12/Dec/2024
-
3y Beta
as of -
-
Weighted Avg Coupon
as of 12/Dec/2024
4.84
Effective Duration
as of 12/Dec/2024
3.92

Ratings

Registered Locations

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Saudi Arabia

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 12/Dec/2024
Issuer Weight (%)
KSA SUKUK LTD 7.94
HAZINE MUSTESARLIGI VARLIK KIRALAMA AS 7.92
PERUSAHAAN PENERBIT SURAT BERHARGA SYARIAH NEGARA INDONESIA III 7.90
ISDB TRUST SERVICES NO 2 SARL 7.84
SUCI SECOND INVESTMENT COMPANY 4.80
Issuer Weight (%)
SHARJAH SUKUK PROGRAMME LTD 4.18
SA GLOBAL SUKUK LTD 4.03
DIB SUKUK LTD 3.84
DP WORLD CRESCENT LTD 3.00
CBB INTERNATIONAL SUKUK PROGRAMME COMPANY WLL 2.99
Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Nominal Par Value ISIN Price Location Exchange Duration Maturity Coupon (%) Market Currency Effective Date
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 12/Dec/2024

% of Market Value

Type Fund
as of 12/Dec/2024

% of Market Value

Type Fund
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.
as of 12/Dec/2024

% of Market Value

Type Fund
as of 12/Dec/2024

% of Market Value

Type Fund
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. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Allocations are subject to change.

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC
Euronext Amsterdam SKUK USD 18/Jan/2024 BPWCS60 SKUK NA SKUK.AS
SIX Swiss Exchange SKUK USD 30/Apr/2024 BPG5P08 SKUK SE SKUK.S

Literature

Literature