Fixed Income

iShares Global Government Bond Index Fund (LU)

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.

The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. Certain developing countries are especially large debtors to commercial banks and foreign governments. Investment in debt obligations (sovereign debt) issued or guaranteed by developing governments or their agencies involve a high degree of risk.

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

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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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

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 of Fund
as of 04/Dec/2025
USD 1,208,932,184
Fund Launch Date
23/Oct/2012
Base Currency
USD
Benchmark Index
FTSE World Government Bond Index (USD)
Initial Charge
0.00%
Management Fee
0.03%
Performance Fee
0.00%
Minimum Subsequent Investment
USD 1,000.00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLGIGS2
Inception Date
27/Aug/2025
Share Class Currency
USD
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.10%
ISIN
LU3124424428
Minimum Initial Investment
USD 50,000,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BVPH2R3

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28/Nov/2025
1185
3y Beta
as of -
-
Modified Duration
as of 28/Nov/2025
6.67
Effective Duration
as of 28/Nov/2025
6.65
WAL to Worst
as of 28/Nov/2025
8.54
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of 28/Nov/2025
3.22
Weighted Average YTM
as of 28/Nov/2025
3.22%
Weighted Avg Maturity
as of 28/Nov/2025
8.54

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/Nov/2025
Name Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.52 08/25/2033 0.99
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.28 03/25/2031 0.80
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.44 10/15/2027 0.71
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.35 02/25/2034 0.68
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.4 07/15/2028 0.56
Name Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.68 05/21/2030 0.53
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.62 09/25/2029 0.50
CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49 12/25/2031 0.49
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.75 02/17/2032 0.48
TREASURY NOTE 4 02/15/2034 0.43
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28/Nov/2025

% of Market Value

Type Fund Benchmark Net
as of 28/Nov/2025

% of Market Value

Type Fund Benchmark Net
as of 28/Nov/2025

% of Market Value

Type Fund Benchmark Net
as of 28/Nov/2025

% of Market Value

Type Fund Benchmark Net
as of 28/Nov/2025

% 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
Class S2 USD - 101.13 -0.04 -0.04 04/Dec/2025 102.04 100.00 LU3124424428
Class A2 USD None 89.75 -0.04 -0.04 04/Dec/2025 90.64 82.57 LU0836513852
Class N7 EUR Semi-Annual 86.34 -0.11 -0.13 04/Dec/2025 94.50 85.90 LU0852473874
Class D2 EUR None 107.13 -0.14 -0.13 04/Dec/2025 114.13 105.37 LU0875157884
Class N2 USD None 93.84 -0.04 -0.04 04/Dec/2025 94.67 86.11 LU0839971503
Class D2 USD - 94.89 -0.04 -0.04 04/Dec/2025 95.77 87.06 LU1811364139
Class F2 USD None 93.39 -0.04 -0.04 04/Dec/2025 94.26 85.69 LU0836517176
Class N2 EUR None 78.93 -0.10 -0.13 04/Dec/2025 84.06 77.62 LU0965779233

Portfolio Managers

Portfolio Managers

Francis Rayner
Francis Rayner

Literature

Literature