BlackRock Buidling: About Us

WHO WE ARE

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2019, the firm managed approximately $6.96 trillion in assets on behalf of investors worldwide.

Our Company and Sites

iShares UK Credit Bond Index Fund (IE)

Fixed Income

iShares UK Credit Bond Index Fund (IE)

  • NAV as of 04/Dec/2019 GBP 53.37
  • 1 Day NAV Change as of 04/Dec/2019 -0.22 (-0.40%)

Overview

WHY ?

  1. Diversified portfolio of securities tracking the credit, sector, duration and yield curve exposure
    of the benchmark index
  2. Seeks to minimise transaction costs by leveraging our trading expertise and experience
  3. Looks to reduce tracking error to the benchmark index through rigorous risk control

Investment Approach

The BlackRock UK Credit Bond Index Fund aims to generate a total return, taking into account both capital and income returns, which reflects the total return of the sterling denominated bond market, excluding UK gilts

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 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 Fewer
Loading

Performance

Performance

  • Returns

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.
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 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 GBP, hedged Share Class Benchmark performance is displayed in GBP.

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

Distributions

This product does not have any distributions data as of now.
Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Size of Fund (Millions) as of 04/Dec/2019 GBP 305.40
Fund Launch Date 30/Sep/2000
Share Class launch date 02/Jan/2019
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. as of 31/Oct/2019 1.90
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of 31/Oct/2019 1,063
Base Currency GBP
Asset Class Fixed Income
Morningstar Category GBP Corporate Bond
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 0.10%
ISIN IE00BGWKS388
Bloomberg Ticker -
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. -
Initial Charge -
Performance Fee -
SEDOL BGWKS38
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 100,000,000.00
Minimum Subsequent Investment GBP 5,000.00
Use of Income Distributing

Risk Indicator

Risk Indicator

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

Ratings

Holdings

Holdings

as of 31/Oct/2019
Name Weight (%)
TESCO PROPERTY RegS 0.59
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 0.46
EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 0.44
EUROPEAN INVESTMENT BANK MTN RegS 0.875 12/15/2023 0.44
EUROPEAN INVESTMENT BANK MTN RegS 2.5 10/31/2022 0.42
Name Weight (%)
KFW BANKENGRUPPE MTN 6 12/07/2028 0.42
ELECTRICITE DE FRANCE SA MTN RegS 5.5 10/17/2041 0.39
INTERNATIONAL BANK FOR RECONSTRUCT MTN 1 12/19/2022 0.39
KFW RegS 1.375 02/01/2021 0.37
KFW MTN RegS 0.875 03/15/2022 0.37
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
Class D GBP - 53.37 -0.22 -0.40 54.09 49.81 53.24 IE00BGWKS388 53.50 -
Inst GBP Quarterly 12.66 -0.05 -0.40 12.84 11.92 12.63 IE00B2RKYS27 12.70 -
Class D GBP None 10.98 -0.04 -0.40 11.12 9.98 10.95 IE00BD0NC474 11.00 -
Inst GBP None 20.71 -0.08 -0.40 20.99 18.84 20.65 IE00B1W4R618 20.76 -

Portfolio Managers

Portfolio Managers

Matthew Jackson
Matthew Jackson
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Literature

Literature