Fixed Income

iShares World ex-Euro Government Bond Index Fund (IE)

Overview

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.

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 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. 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 29/Feb/2024 CHF 86’165’692
Net Assets of Fund as of 29/Feb/2024 USD 919’152’805
Share Class launch date 01/Nov/2023
Fund Launch Date 02/Nov/2018
Share Class Currency CHF
Fund Base Currency USD
Asset Class Fixed Income
Benchmark Index FTSE World Government Bond Index (ex-EMU Government Bonds) (USD)
SFDR Classification Other
Initial Charge 0.00
Ongoing Charges Figures 0.03%
ISIN IE000XJ730F3
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment CHF 500’000.00
Minimum Subsequent Investment CHF 5’000.00
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BRIGVBF
SEDOL BN7K5C0

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 31/Jan/2024 750
Standard Deviation (3y) as of - -
3y Beta as of - -
Yield to Maturity as of 31/Jan/2024 3.50%
Modified Duration as of 31/Jan/2024 7.20
Weighted Av YTM as of 31/Jan/2024 3.50%
Effective Duration as of 31/Jan/2024 7.18
Weighted Avg Maturity as of 31/Jan/2024 9.07 yrs
WAL to Worst as of 31/Jan/2024 9.07 yrs

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

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/Jan/2024
Name Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.62 09/25/2029 1.25
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.18 08/25/2025 0.91
TREASURY NOTE 5 08/31/2025 0.91
TREASURY NOTE 1.125 02/15/2031 0.78
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.46 02/15/2026 0.78
Name Weight (%)
TREASURY NOTE 1.5 01/31/2027 0.75
TREASURY NOTE 3.875 08/15/2033 0.72
TREASURY NOTE 3.875 04/30/2025 0.72
TREASURY NOTE 4.5 11/15/2033 0.69
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.44 10/15/2027 0.67
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Jan/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Jan/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Jan/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Jan/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Jan/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
Class Flexible Hedged CHF 10.30 0.01 0.09 29/Feb/2024 10.52 10.00 IE000XJ730F3
Class Flexible Hedged SGD 10.02 0.01 0.11 29/Feb/2024 10.21 9.58 IE0007DDUVE7
Class Flexible Acc Hedged USD 10.00 0.01 0.12 29/Feb/2024 10.13 9.48 IE0001JCX718
Flex USD 19.24 0.05 0.26 29/Feb/2024 19.97 18.18 IE0005033380
Class D Acc EUR 10.76 0.04 0.39 29/Feb/2024 11.07 10.31 IE00BDZRS805
Inst USD 13.07 0.03 0.26 29/Feb/2024 13.58 12.36 IE00B1W4R493
Inst Hedged Acc EUR 9.24 0.01 0.11 29/Feb/2024 9.46 8.85 IE00BGR7K831
Inst EUR 9.46 0.04 0.38 29/Feb/2024 9.96 9.15 IE00BJK0X817
Class D USD 9.26 0.02 0.26 29/Feb/2024 9.62 8.76 IE00BD0NC581
Class Flexible Acc Hedged EUR 8.51 0.01 0.11 29/Feb/2024 8.69 8.13 IE00BMY53838
Class Flex Hedged Dist GBP 8.78 -0.01 -0.06 13/Nov/2023 9.25 8.62 IE00BD5D0B54
Flex USD 7.72 0.02 0.26 29/Feb/2024 8.20 7.39 IE00BYQQ0X26

Portfolio Managers

Portfolio Managers

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

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 3 years
Example Investment CHF 10’000
Scenario
If you exit after 1 year
If you exit after 3 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
8’060 CHF
-19.4%
7’500 CHF
-9.1%

Unfavourable

What you might get back after costs
Average return each year
8’060 CHF
-19.4%
7’660 CHF
-8.5%

Moderate

What you might get back after costs
Average return each year
9’850 CHF
-1.5%
10’390 CHF
1.3%

Favourable

What you might get back after costs
Average return each year
11’230 CHF
12.3%
11’450 CHF
4.6%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature