Fixed Income

iShares Emerging Markets Local Government Bond Index Fund (IE)

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.

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 and failed/delayed delivery of securities or payments to the Fund. Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment 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 perceived risk. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment.

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 USD, hedged fund 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

Chart

Performance chart data not available for display.
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Reinvestments

This product does not have any distributions data as of now.

Key Facts

Key Facts

Net Assets as of 18/Jul/2019 USD 17,030,201
Net Assets of Fund as of 18/Jul/2019 USD 190,289,607
Base Currency USD
Share Class Currency USD
Fund Launch Date 04/May/2018
Inception Date 04/May/2018
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE00BF2N5W82
Bloomberg Ticker BRLGDUA
Initial Charge -
Performance Fee -
SEDOL BF2N5W8
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 500000
Minimum Subsequent Investment USD 5000
Use of Income Accumulating

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 28/Jun/2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 2.09
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 2.02
MEXICO (UNITED MEXICAN STATES) 7.5 06/03/2027 1.56
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.55
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.23
Name Weight (%)
COLOMBIA (REPUBLIC OF) 7 05/04/2022 1.19
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.19
SOUTH AFRICA (REPUBLIC OF) 8.75 02/28/2048 1.17
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2020 1.14
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 1.10
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28/Jun/2019

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/2019

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/2019

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 28/Jun/2019

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/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 Acc USD - 10.31 0.04 0.37 10.31 8.81 10.29 IE00BF2N5W82 10.33 -
Class Flexible Acc EUR - 10.97 0.05 0.43 10.97 9.04 10.95 IE00BD9H4D36 11.00 -

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner

Literature

Literature