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Fixed Income

iShares Ultra High Quality Euro Government Bond Index Fund (IE)

Overview

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.

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 fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. Certain developing countries are especially large debtors to commercial banks and foreign governments. Investment in debt obligations (sovereign debt) issued or guaranteed by developing governments or their agencies involve a high degree 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

  • Returns

  From
30/Sep/2014
To
30/Sep/2015
From
30/Sep/2015
To
30/Sep/2016
From
30/Sep/2016
To
30/Sep/2017
From
30/Sep/2017
To
30/Sep/2018
From
30/Sep/2018
To
30/Sep/2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 30/Sep/2019

2.02 6.29 -3.89 0.75 8.16
Benchmark (%) Index: Markit iBoxx Eurozone AAA 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 30/Sep/2019

3.46 6.36 -3.82 0.85 8.24

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in EUR.

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

Chart

Performance chart data not available for display.
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Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of 14/Nov/2019 EUR 155.28
Fund Launch Date 01/Jul/2011
Share Class launch date 01/Jul/2011
Base Currency EUR
Asset Class Fixed Income
Morningstar Category EUR Government Bond
Benchmark Index Markit iBoxx Eurozone AAA Index
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE00B4XCK338
Bloomberg Ticker BRUHQEI
Initial Charge 0.00
Performance Fee 0.00%
SEDOL B4XCK33
Bloomberg Benchmark Ticker IBXEURZN3A
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 250,000.00
Minimum Subsequent Investment EUR 50,000.00
Use of Income Accumulating

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

Overall Morningstar Rating for iShares Ultra High Quality Euro Government Bond Index Fund (IE), Inst, as of 31/Oct/2019 rated against 590 EUR Government Bond Funds.

Holdings

Holdings

as of 31/Oct/2019
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 2.5 08/15/2046 3.32
GERMANY (FEDERAL REPUBLIC OF) 2.5 07/04/2044 3.15
BUNDESREPUBLIK DEUTSCHLAND 4 01/04/2037 2.90
GERMANY (FEDERAL REPUBLIC OF) 4.75 07/04/2034 2.49
GERMANY (FEDERAL REPUBLIC OF) 4.75 07/04/2040 2.30
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 5.625 01/04/2028 2.20
GERMANY (FEDERAL REPUBLIC OF) 2.5 01/04/2021 2.19
NETHERLANDS (KINGDOM OF) 3.75 01/15/2042 2.16
GERMANY (FEDERAL REPUBLIC OF) 0.5 08/15/2027 2.08
GERMANY (FEDERAL REPUBLIC OF) 5.5 01/04/2031 2.07
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2019

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2019

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31/Oct/2019

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2019

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2019

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Inst EUR None 13.08 0.04 0.31 13.52 12.38 13.08 IE00B4XCK338 13.09 -
Class D EUR None 10.57 0.03 0.31 10.92 10.02 10.56 IE00BDRK7H99 10.57 -

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner
PortSols RATES LON GFI-EU Group
PortSols RATES LON GFI-EU Group

Literature

Literature