Fixed Income

iShares Global Securitised Index Fund (IE)

  • NAV as of 12/Dec/2024 EUR 9.80
  • 1 Day NAV Change as of 12/Dec/2024 -0.04 (-0.42%)

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 Bloomberg Global Aggregate Securitized ex ABS ex CMBS Index, the Fund’s Benchmark index.

The Fund invests predominantly in fixed income securities (such as bonds issued by covered securitised fixed-rate bonds and mortgaged backed securities (“MBS”)) that make up the Fund's Benchmark index.

The Fund’s benchmark index measures the performance of a sub-set of multi-currency denominated, investment grade, securitized, fixed income securities, which the index provider has determined form part of the Bloomberg Global Aggregate Index (the parent index) including, covered bonds and MBS Pass-Through securities. The securitised sector is designed to capture fixed income instruments whose payments are backed or directly derived from a pool of assets. Underlying collateral for securitised bonds includes residential mortgages, public sector loans, commercial real estate or other assets.

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.

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. Mortgage backed securities are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets.

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

This chart has been left intentionally blank 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.
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 EUR, 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 12/Dec/2024
EUR 40,536,995
Share Class launch date
30/Sept/2024
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.12%
ISIN
IE000Q7VWU01
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BSY2ZN5
Net Assets of Fund
as of 11/Dec/2024
USD 155,185,484
Fund Launch Date
30/Sept/2024
Fund Base Currency
USD
Benchmark Index
BBG Global Aggregate Securitized ex ABS ex CMBS Index
Initial Charge
0.00%
Management Fee
0.07%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
IGSISAE

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of -
-
3y Beta
as of -
-
Modified Duration
as of -
-
Effective Duration
as of -
-
WAL to Worst
as of -
-
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of -
-
Weighted Average YTM
as of -
-
Weighted Avg Maturity
as of -
-

Risk Indicator

Risk Indicator

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

Ratings

Holdings

Holdings

Sorry, top holdings are not available at this time.
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, geographic exposures are not available at this time.
Sorry, geographic exposures are not available at this time.
Sorry, maturities are not available at this time.
Sorry, ratings are not available at this time.
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 S Hedged EUR 9.80 -0.04 -0.42 12/Dec/2024 10.03 9.70 IE000Q7VWU01
Class S Hedged GBP 9.87 -0.02 -0.25 11/Dec/2024 10.03 9.71 IE0000F0AZI4
Class S Hedged USD 9.88 -0.02 -0.25 11/Dec/2024 10.03 9.72 IE0009ZVRLQ9
Class S USD 9.77 -0.03 -0.27 11/Dec/2024 10.02 9.64 IE0006Z17E85
Class S Hedged USD 9.88 -0.02 -0.25 11/Dec/2024 10.03 9.72 IE000754CU10
Class S Hedged CHF 9.75 -0.04 -0.43 12/Dec/2024 10.03 9.68 IE00000IFTU0

Portfolio Managers

Portfolio Managers

PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature