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.
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. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening. Asset backed securities and mortgage backed securities are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Non-investment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets, failed/delayed delivery of securities or payments to the Fund and sustainability-related risks.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
Performance
Performance
Distributions
| Record Date | Ex-Date | Payable Date |
|---|
-
Returns
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
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
Portfolio Characteristics
Portfolio Characteristics
Ratings
Registered Locations
Registered Locations
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Austria
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Denmark
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Finland
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France
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Germany
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Ireland
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Italy
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Liechtenstein
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Luxembourg
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Netherlands
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Norway
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Saudi Arabia
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Spain
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Sweden
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Switzerland
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United Kingdom
Holdings
Holdings
| Issuer | Weight (%) |
|---|---|
| UNIFORM MBS | 6.00 |
| JAPAN (GOVERNMENT OF) | 1.57 |
| SPAIN (KINGDOM OF) | 1.21 |
| UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND (GOVERNMENT) | 0.90 |
| SOFTBANK GROUP CORP | 0.88 |
| Issuer | Weight (%) |
|---|---|
| ELECTRICITE DE FRANCE SA | 0.88 |
| VMED O2 UK FINANCING I PLC | 0.86 |
| MORGAN STANLEY | 0.77 |
| PIER_25-1-A | 0.76 |
| EURO_40X-A | 0.75 |
| Issuer Ticker | Name | Type | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Nominal | Par Value | ISIN | Price | Location | Exchange | Currency | Duration | YTM (%) | FX Rate | Maturity | Coupon (%) | Mod. Duration | Yield to Call (%) | Yield to Worst (%) | Market Currency | Effective Date | Strike price |
|---|
Exposure Breakdowns
Exposure Breakdowns
Listings
Listings
| Exchange | Ticker | Currency | Listing Date | SEDOL | Bloomberg Ticker | RIC | WKN |
|---|---|---|---|---|---|---|---|
| Xetra | IFLX | EUR | 20/Feb/2025 | BSWXWY0 | IFLX GY | IFLX.DE | A40JYG |
| Euronext Amsterdam | IFLX | EUR | 20/Feb/2025 | BSWXWB7 | IFLX NA | IFLX.AS | A40JYG |
| Borsa Italiana | IFLX | EUR | 07/Apr/2025 | BMTYZQ7 | IFLX IM | IFLX.MI | A40JYG |
| SIX Swiss Exchange | IFLX | EUR | 11/Mar/2025 | BP39HK7 | IFLX SE | IFLX.S | A40JYG |
Portfolio Managers
Portfolio Managers
Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Global Fixed Income business, and Head of the Global Allocation Investment Team.
Jose Aguilar, Managing Director, is the head of European High Yield and Long Short Credit Strategies.
Kate Galustian, Managing Director, is Head of European ABS and a portfolio manager within BlackRock's Global Fixed Income group.
Max Huefner, Managing Director, is a Senior Portfolio Manager and the Head of Global Credit as well as European Investment Grade within BlackRock's Global Fixed Income group
Leopold Lansing, Director, is a portfolio manager on BlackRock's Global Fixed Income team
PRIIPs Performance Scenarios
PRIIPs Performance Scenarios
| Scenarios |
If you exit after 1 year
|
If you exit after 5 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
|
8’740 EUR
-12.6%
|
7’220 EUR
-6.3%
|
|
|
Unfavourable
What you might get back after costs
Average return each year
|
8’740 EUR
-12.6%
|
10’070 EUR
0.1%
|
|
|
Moderate
What you might get back after costs
Average return each year
|
10’510 EUR
5.1%
|
11’450 EUR
2.8%
|
|
|
Favourable
What you might get back after costs
Average return each year
|
11’740 EUR
17.4%
|
12’770 EUR
5.0%
|
|
The stress scenario shows what you might get back in extreme market circumstances.
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.
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.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’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.
Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data 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. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.