Fixed Income

iShares Overseas Corporate Bond Index Fund (UK)

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.

The value of your investment and the income from it will vary and your initial investment amount is not guaranteed. Overseas investments will be affected by movements in currency exchange rates. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The Fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due.

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


The figures shown relate to past performance. Past performance is not a reliable indicator of 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 fund 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

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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 21/Jun/2019 GBP 1,865.122
Price Yield as of 23/Apr/2018 2.69
Base Currency British Pound
Fund Launch Date 28/Jan/2011
Inception Date 28/Jan/2011
Asset Class Fixed Income
Benchmark Index BBG Barc Global Agg Corporate ex GBP Index
Investment Association Category Global Bonds
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
ISIN GB00B58Z2382
Bloomberg Ticker BOCBTDA
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B58Z238
Bloomberg Benchmark Ticker BCRPXGBP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 1000000
Minimum Subsequent Investment GBP 100
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

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 Overseas Corporate Bond Index Fund (UK), Class L, as of 31/May/2019 rated against 102 Global Corporate Bond Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 13/Nov/2018)

Holdings

Holdings

as of 31/May/2019
Name Weight (%)
JAPAN (GOVERNMENT OF) 10YR #310 1 09/20/2020 0.37
JAPAN (GOVERNMENT OF) 10YR #333 0.6 03/20/2024 0.15
JAPAN (GOVERNMENT OF) 10YR #303 1.4 09/20/2019 0.12
GE CAPITAL INTERNATIONAL FUNDING C 4.418 11/15/2035 0.11
INTERNATIONAL BUSINESS MACHINES CO 0.3 11/02/2026 0.10
Name Weight (%)
BANK OF AMERICA CORP 3.004 12/20/2023 0.10
JPMORGAN CHASE & CO 4.35 08/15/2021 0.09
CVS HEALTH CORP 4.3 03/25/2028 0.09
PANASONIC CORP #17 RegS 0.47 09/18/2026 0.08
JAPAN (GOVERNMENT OF) 10YR #317 1.1 09/20/2021 0.08
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/May/2019

% of Market Value

Type Fund Benchmark Net
as of 31/May/2019

% of Market Value

Type Fund Benchmark Net
as of 31/May/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 Distribution Frequency Bid Price ISIN TIS
Class L None 1.62 GB00B58Z2382 -
Class H None 1.44 GB00BPFJD529 -
Class D Daily 1.42 GB00BNB74B95 -
Class H Daily 1.29 GB00BPFJD743 -
Class X Daily 1.32 GB00B7Z14D76 -
Class D None 1.61 GB00B58YKH53 -
Class X None 1.56 GB00B5W76K51 -
Class A None 1.59 GB00B5M1ZD36 -

Portfolio Managers

Portfolio Managers

Darren Wills
Darren Wills

Literature

Literature