Fixed Income

iShares Global Inflation-Linked Bond Index Fund (IE)

Add to Compare
  • NAV as of 30/May/2024 USD 10.95
    52 WK: 10.31 - 11.22
  • 1 Day NAV Change as of 30/May/2024 0.04 (0.39%)
  • Morningstar Rating

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 World Government Inflation-Linked Bond Index, the Fund’s benchmark index (Index).

The Fund invests in the fixed income (FI) securities (such as bonds) that predominantly make up the Index (which comprises global inflation linked bonds). The Fund may also invest in other FI securities such as bonds issued by companies, governments, government agencies and supranationals (e.g. the International Bank for Reconstruction and Development) domiciled in countries both in and outside the European Union and will be investment grade (i.e. meet a specified level of credit worthiness) or are deemed by the investment manager (IM) to be of equivalent rating at the time of purchase. 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 Index measures the performance of the global universe of inflation-linked FI securities issued by sovereign governments of the major investment grade rated economies.

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.]

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

Show Less
Loading

Performance

Performance

Chart

View full chart
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.

This chart shows the fund's performance as the percentage loss or gain per year over the last 6 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 0.1 8.3 9.7 5.5 -17.0 4.4
Benchmark (%) 0.1 8.4 9.8 6.4 -21.9 5.5

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

  From
31-Mar-2019
To
31-Mar-2020		 From
31-Mar-2020
To
31-Mar-2021		 From
31-Mar-2021
To
31-Mar-2022		 From
31-Mar-2022
To
31-Mar-2023		 From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of 31/Mar/2024

4.72 6.38 4.96 -11.19 0.12
Benchmark (%)

as of 31/Mar/2024

4.82 6.40 4.47 -14.68 -0.54
  1y 3y 5y 10y Incept.
Total Return (%) -1.01 -3.16 0.41 - 1.19
Benchmark (%) -2.78 -5.00 -0.72 - 0.39
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) -2.41 -1.90 -1.32 4.22 -1.01 -9.20 2.06 - 8.62
Benchmark (%) -4.00 -2.49 -2.33 4.80 -2.78 -14.27 -3.53 - 2.76

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. 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 30/May/2024
USD 71,133,382
Inception Date
11/May/2017
Share Class Currency
USD
Asset Class
Fixed Income
Index Ticker
BCIW1A
Initial Charge
0.00%
ISIN
IE00BD0NC367
Performance Fee
0.00%
Minimum Subsequent Investment
USD 5,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLGIDUA
Net Assets of Fund
as of 29/May/2024
USD 2,994,685,387
Fund Launch Date
11/Apr/2008
Base Currency
USD
Benchmark Index
Bloomberg World Government Inflation-Linked Bond Index
SFDR Classification
Other
Ongoing Charges Figures
0.12%
Annual Management Fee
0.10%
Minimum Initial Investment
USD 500,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Global Inflation-Linked Bond - USD Hedged
Dealing Frequency
Daily, forward pricing basis
SEDOL
BD0NC36

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Feb/2024
152
3y Beta
as of 30/Apr/2024
0.756
Modified Duration
as of 29/May/2024
8.91
Effective Duration
as of 29/May/2024
8.93
WAL to Worst
as of 29/May/2024
9.75
Standard Deviation (3y)
as of 30/Apr/2024
8.70%
Yield to Maturity
as of 29/May/2024
4.28
Weighted Average YTM
as of 29/May/2024
1.85%
Weighted Avg Maturity
as of 29/May/2024
9.75

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for iShares Global Inflation-Linked Bond Index Fund (IE), D Acc. USD Hedged, as of 30/Apr/2024 rated against 68 Global Inflation-Linked Bond - USD Hedged Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective 30/Apr/2024)

Holdings

Holdings

as of 29/May/2024
Name Weight (%)
TREASURY (CPI) NOTE 0.125 07/15/2030 1.76
TREASURY (CPI) NOTE 0.625 01/15/2026 1.69
TREASURY (CPI) NOTE 0.375 07/15/2025 1.68
TREASURY (CPI) NOTE 0.875 01/15/2029 1.64
TREASURY (CPI) NOTE 1.125 01/15/2033 1.56
Name Weight (%)
TREASURY (CPI) NOTE 1.375 07/15/2033 1.56
TREASURY (CPI) NOTE 0.75 07/15/2028 1.55
TREASURY (CPI) NOTE 0.125 07/15/2031 1.55
TREASURY (CPI) NOTE 0.5 01/15/2028 1.54
TREASURY (CPI) NOTE 0.125 01/15/2031 1.53
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29/May/2024

% of Market Value

Type Fund Benchmark Net
as of 29/May/2024

% of Market Value

Type Fund Benchmark Net
as of 29/May/2024

% of Market Value

Type Fund Benchmark Net
as of 29/May/2024

% of Market Value

Type Fund Benchmark Net
as of 29/May/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
D Acc. USD Hedged USD 10.95 0.04 0.39 30/May/2024 11.22 10.31 IE00BD0NC367
Inst. Acc. USD Hedged USD 13.85 -0.08 -0.58 29/May/2024 14.26 13.11 IE00B3C8NT28
Class D Acc Hedged GBP 8.32 -0.05 -0.57 29/May/2024 8.58 7.90 IE000H4Z3PW7
Class Flexible USD 7.70 0.04 0.51 30/May/2024 8.02 7.20 IE0004XHE738
Flexible Accumulating High Denomination EUR 174.01 0.44 0.26 30/May/2024 176.99 166.80 IE0005JGQ5P6
Class D USD 10.26 0.05 0.51 30/May/2024 10.64 9.56 IE000ZSEF059
Flexible Acc. USD Hedged USD 16.27 -0.10 -0.58 29/May/2024 16.74 15.38 IE00B2PPWQ36

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner

Literature

Literature