Fixed Income

iShares 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. 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

The Fund’s investments may have low liquidity, which often causes the value of these investments to be less predictable. In extreme cases the Fund may not be able to realise the investment at the latest market price or at a price considered fair.
Show Fewer
Loading

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

Chart

Performance chart data not available for display.
View full chart

Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of 26/Jun/2019 GBP 5,001.074
Price Yield as of 26/Jun/2019 1.94
Base Currency British Pound
Fund Launch Date 30/Jun/2010
Inception Date 01/Sep/2010
Asset Class Fixed Income
Benchmark Index iBoxx Sterling Non Gilt 1300CET (midday) index
Investment Association Category £ Corporate Bond
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
ISIN GB00B66TQP96
Bloomberg Ticker BCOBTAA
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B66TQP9
Bloomberg Benchmark Ticker IB_GBPXGLT
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 500
Minimum Subsequent Investment GBP 100
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of 31/May/2019 5.37
5y Volatility - Benchmark as of 31/May/2019 5.27
5y Beta as of 31/May/2019 1.009

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 Corporate Bond Index Fund (UK), Class A, as of 31/May/2019 rated against 443 GBP 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 07/Feb/2019)

Holdings

Holdings

as of 31/May/2019
Name Weight (%)
KFW BANKENGRUPPE MTN 6 12/07/2028 0.73
EUROPEAN INVESTMENT BANK 6 12/07/2028 0.66
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 0.55
KFW BANKENGRUPPE MTN RegS 5.55 06/07/2021 0.51
KFW MTN RegS 0.875 03/15/2022 0.47
Name Weight (%)
KFW RegS 1.375 02/01/2021 0.45
ELECTRICITE DE FRANCE RegS 6.125 06/02/2034 0.39
EUROPEAN INVESTMENT BANK 5 04/15/2039 0.38
BARCLAYS BANK PLC MTN RegS 10 05/21/2021 0.38
EUROPEAN INVESTMENT BANK MTN RegS 2.5 10/31/2022 0.37
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 A None 1.59 GB00B66TQP96 -
Class D None 1.61 GB00B84DSW83 -
Class X Daily 1.23 GB00B8DYSW23 -
Class H Daily 1.15 GB00BKF2KH76 -
Class H None 1.30 GB00BJL5BV43 -
Class L None 1.63 GB00B5MMQ552 -
Class D Daily 1.34 GB00B7J60R40 -
Class L Daily 1.36 GB00B847N473 -
Class X None 1.48 GB00B5WN6148 -

Portfolio Managers

Portfolio Managers

Duncan Fergusson
Duncan Fergusson

Literature

Literature