Fixed Income

CMES

iShares J.P. Morgan ESG $ EM Bond UCITS ETF

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.

Important Information: ETFs trade on exchanges like stocks and are bought and sold at market prices which may be different to the net asset values of the ETFs. When investing in equities and equity-related securities their value can be affected by daily stock market movements. The Fund's environmental, social and governance ("ESG") investment strategy limits the types and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not have an ESG focus. The benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider. Investors should therefore make a personal ethical assessment of the benchmark index’s ESG screening prior to investing in the Fund.

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
Loading

Performance

Performance

Chart

Performance chart data not available for display.
View full chart

Reinvestments

This product does not have any distributions data as of now.
  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
From
30/Sep/2019
To
30/Sep/2020
Total Return (%) (CMES)

as of 30/Sep/2020

- - - - -
Total Return (%) Unhedged (EMES)

as of 30/Sep/2020

- - - 11.90 2.49
Benchmark (%) Unhedged (EMES)

as of 30/Sep/2020

- - - 12.39 2.80
  1y 3y 5y 10y Incept.
- - - - -
1.74 - - - 6.82
Benchmark (%) Unhedged (EMES)

as of 31/Oct/2020

2.03 - - - 7.27
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-1.30 -0.36 -1.99 10.76 - - - - 0.60
0.11 -0.26 -1.67 11.56 1.74 - - - 14.87
Benchmark (%) Unhedged (EMES)

as of 31/Oct/2020

0.33 -0.23 -1.76 11.62 2.03 - - - 15.87
  2015 2016 2017 2018 2019
Total Return (%) (CMES) - - - - -
Total Return (%) Unhedged (EMES) - - - - 15.49
Benchmark (%) Unhedged (EMES) - - - - 15.94
Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. 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 realise returns that are different to the NAV performance

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 CHF, 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 of Share Class as of 27/Nov/2020 CHF 35,768,566
Net Assets of Fund as of 27/Nov/2020 USD 947,188,079
Fund Base Currency USD
Share Class Currency CHF
Fund Launch Date 24/Sep/2018
Share Class Launch Date 20/Nov/2019
Asset Class Fixed Income
Total Expense Ratio 0.50%
Product Structure Physical
Methodology Sampled
Domicile Ireland
UCITS Compliant Yes
Benchmark Index J.P. Morgan ESG Emerging Market Bond Index Global Diversified
Distribution Frequency None
Securities Lending Return -
Rebalance Frequency Monthly
ISIN IE00BKP5L623
Valor 50428697
Bloomberg Ticker CMES SE
Issuing Company iShares II plc
Fund Manager BlackRock Asset Management Ireland Limited
Administrator State Street Fund Services (Ireland) Limited
Custodian State Street Custodial Services (Ireland) Limited
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding as of 27/Nov/2020 6,863,372
Number of Holdings as of 27/Nov/2020 650
Benchmark Level as of 27/Nov/2020 USD 145.98
Benchmark Ticker JESGEMGD
Distribution Yield as of - -
Weighted Avg Coupon as of 27/Nov/2020 4.76%
Fiscal Year End 31 October
Effective Duration as of 27/Nov/2020 8.45
Weighted Avg Maturity as of 27/Nov/2020 13.09 yrs
Weighted Av YTM as of 27/Nov/2020 3.86%

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund. Learn more.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a Fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 01/Nov/2020 BB
MSCI ESG Quality Score (0-10) as of 01/Nov/2020 3.79
MSCI ESG Quality Score - Peer Percentile as of 01/Nov/2020 84.18
MSCI ESG % Coverage as of 01/Nov/2020 96.79
Fund Lipper Global Classification as of 01/Nov/2020 Bond Emerging Markets Global HC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 01/Nov/2020 486.00
Funds in Peer Group as of 01/Nov/2020 392
All data is from MSCI ESG Fund Ratings as of 01/Nov/2020, based on holdings as of 31/Aug/2020. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Transparency on Business Involvement metrics is not indicative of a fund’s investment objective, and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a Fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics using links below.

MSCI - Controversial Weapons as of 27/Nov/2020 0.00%
MSCI - UN Global Compact Violators as of 27/Nov/2020 0.81%
MSCI - Nuclear Weapons as of 27/Nov/2020 0.00%
MSCI - Thermal Coal as of 27/Nov/2020 0.00%
MSCI - Civilian Firearms as of 27/Nov/2020 0.00%
MSCI - Oil Sands as of 27/Nov/2020 0.00%
MSCI - Tobacco as of 27/Nov/2020 0.00%

Business Involvement Coverage as of 27/Nov/2020 6.82%
Percentage of Fund not covered as of 27/Nov/2020 93.18%
Business Involvement exposures shown above for Thermal Coal and Oil Sands are calculated and reported for issuers within the fund that generate more than 5% of revenue from thermal coal mining or oil sands extraction, as defined by MSCI ESG Research. For the exposure to issuers within the fund that generate any revenue from thermal coal mining or oil sands extraction (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated using MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this research to provide a summed up view across holdings and translates it to a Fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement.

Registered Locations

Registered Locations

  • Ireland

  • Singapore

  • Switzerland

Holdings

Holdings

as of 27/Nov/2020
Ticker ISIN Name Sector Location Asset Class Nominal Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of 27/Nov/2020
Issuer Weight (%)
URUGUAY (ORIENTAL REPUBLIC OF) 4.64
QATAR (STATE OF) 4.02
PANAMA REPUBLIC OF (GOVERNMENT) 3.98
SAUDI ARABIA (KINGDOM OF) 3.61
COLOMBIA (REPUBLIC OF) 3.41
Issuer Weight (%)
PHILIPPINES (REPUBLIC OF) 3.35
BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT) 3.25
ABU DHABI (EMIRATE OF) 2.99
DOMINICAN REPUBLIC (GOVERNMENT) 2.98
OMAN SULTANATE OF (GOVERNMENT) 2.95
Issuer Ticker Name Asset Class Weight (%) Price Nominal Market Value Notional Value Sector ISIN Coupon (%) Maturity Exchange Location Market Currency Duration
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 27/Nov/2020

% of Market Value

Type Fund Benchmark Net
as of 27/Nov/2020

% of Market Value

Type Fund Benchmark Net
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 27/Nov/2020

% of Market Value

Type Fund Benchmark Net
as of 27/Nov/2020

% of Market Value

Type Fund Benchmark Net
as of 27/Nov/2020

% of Market Value

Type Fund Benchmark Net
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

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
SIX Swiss Exchange CMES CHF 22/Nov/2019 BKTPDN9 CMES SE CMES.S - - IE00BKP5L623 A2PTCG 50428697 - -

Literature

Literature