Fixed Income

iShares ESG Screened Global Corporate Bond Index Fund (IE)

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  • NAV as of 16/Aug/2022 GBP 8.64
    52 WK: 8.38 - 10.08
  • 1 Day NAV Change as of 16/Aug/2022 -0.01 (-0.16%)

Overview

Investment Approach

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) which reflects the return of the Bloomberg Barclays Global Aggregate Corporate Index (the Index). The Fund is passively managed and the investment manager (IM) has discretion to select the Fund’s investments and in doing so may take into consideration the Index. The Fund invests in fixed income (FI) securities (such as bonds) that make up the Index whilst employing an environmental, social and governance (“ESG”) policy as described below. The Index measures the performance of fixed rate and fixed-to-floating rate investment grade FI securities with at least one year to final maturity issued by corporate issuers in the industrial, utility and financial sectors on a global basis. The Index is a market capitalisation weighted index and rebalances on a monthly basis.

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. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. 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 investment. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.

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

Chart

Performance chart data not available for display.
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Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.

Distributions

Record Date Ex-Date Payable Date
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Record Date Ex-Date Payable Date Total Distribution

This chart shows the fund's performance as the percentage loss or gain per year over the last 1 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2017 2018 2019 2020 2021
Total Return (%) -0.9
  From
30-Jun-2017
To
30-Jun-2018		 From
30-Jun-2018
To
30-Jun-2019		 From
30-Jun-2019
To
30-Jun-2020		 From
30-Jun-2020
To
30-Jun-2021		 From
30-Jun-2021
To
30-Jun-2022
Total Return (%)

as of 30/Jun/2022

- - - 3.33 -13.30
  1y 3y 5y 10y Incept.
Total Return (%) -11.55 - - - -3.21
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) -10.36 3.30 0.49 -7.90 -11.55 - - - -7.74

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 GBP, 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 16/Aug/2022 GBP 39,829,533
Net Assets of Fund as of 16/Aug/2022 USD 980,585,175
Inception Date 12/Feb/2020
Fund Launch Date 12/Feb/2020
Share Class Currency GBP
Base Currency USD
Asset Class Fixed Income
Index Ticker LGCPTRUU
SFDR Classification Article 8
Initial Charge 0.00%
Ongoing Charges Figures 0.14%
Annual Management Fee 0.11%
Performance Fee 0.00%
Minimum Initial Investment GBP 500,000.00
Minimum Subsequent Investment GBP 5,000.00
Distribution Frequency -
Use of Income Distributing
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 BIEDGHD
ISIN IE00BJN4RF59
SEDOL BJN4RF5

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 29/Jul/2022 6965
12m Trailing Yield as of 31/Jul/2022 2.88%
Standard Deviation (3y) as of - -
3y Beta as of - -
Yield to Maturity as of 16/Aug/2022 3.96
Modified Duration as of 16/Aug/2022 6.56
Weighted Average YTM as of 16/Aug/2022 3.95%
Effective Duration as of 16/Aug/2022 6.52
Weighted Avg Maturity as of 16/Aug/2022 9.17
WAL to Worst as of 16/Aug/2022 9.17

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 16/Aug/2022
Name Weight (%)
JAPAN (GOVERNMENT OF) 10YR #357 0.1 12/20/2029 0.28
JAPAN (GOVERNMENT OF) 5YR #144 0.1 06/20/2025 0.18
JAPAN (GOVERNMENT OF) 10YR #329 0.8 06/20/2023 0.15
BANK OF AMERICA CORP 0.976 04/22/2025 0.12
ANHEUSER-BUSCH COMPANIES LLC 4.9 02/01/2046 0.11
Name Weight (%)
NATIONAL RURAL UTILITIES COOPERATI MTN 2.75 04/15/2032 0.10
VERIZON COMMUNICATIONS INC 2.1 03/22/2028 0.09
NSTAR ELECTRIC CO 4.55 06/01/2052 0.08
ENN ENERGY HOLDINGS LTD RegS 4.625 05/17/2027 0.08
US BANK NATIONAL ASSOCIATION 2.05 01/21/2025 0.08
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 16/Aug/2022

% of Market Value

Type Fund Benchmark Net
as of 16/Aug/2022

% of Market Value

Type Fund Benchmark Net
as of 16/Aug/2022

% of Market Value

Type Fund Benchmark Net
as of 16/Aug/2022

% of Market Value

Type Fund Benchmark Net
as of 16/Aug/2022

% 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 Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
Class D Dist Hedged GBP - 8.64 -0.01 -0.16 16/Aug/2022 10.08 8.38 IE00BJN4RF59 -
Class Q Acc Hedged EUR - 9.41 -0.02 -0.17 16/Aug/2022 10.77 9.02 IE00BJN4RJ97 -
Class D Acc GBP Hedged GBP - 8.94 -0.01 -0.16 16/Aug/2022 10.00 8.55 IE000PKMKVX7 -
Flex Dist EUR hedged EUR - 8.75 -0.01 -0.17 16/Aug/2022 10.02 8.51 IE00058C1MX3 -
Class Flexible Acc Hedged EUR - 8.94 -0.01 -0.17 16/Aug/2022 10.23 8.56 IE00BMC44015 -
Class D Dist Hedged AUD Semi-Annual 10.25 -0.02 -0.16 16/Aug/2022 10.33 10.00 IE000Y1LWY25 -
Class Inst Acc Hedged GBP - 8.93 -0.01 -0.16 16/Aug/2022 10.14 8.54 IE00BP2C1Z01 -
Class Inst Acc USD - 9.14 -0.02 -0.19 16/Aug/2022 10.83 8.78 IE00BJN4RH73 -
Class D Acc Hedged EUR - 9.10 -0.02 -0.17 16/Aug/2022 10.42 8.72 IE00BJN4RG66 -
Class Flexible Acc Hedged GBP - 8.96 -0.01 -0.16 16/Aug/2022 10.12 8.55 IE00BJN4S634 -

Portfolio Managers

Portfolio Managers

John Hutson
John Hutson

Literature

Literature