Fixed Income

SGSU

iShares $ Corp Bond 0-3yr ESG UCITS ETF

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.

Important Information: 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. 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’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. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.
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Performance

Performance

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Distributions

Record Date Ex-Date Total Distribution
View full table
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%) (SGSU)

as of 30/Sep/2020

- - - - 2.53
Benchmark (%) (SGSU)

as of 30/Sep/2020

- - - - 3.66
  1y 3y 5y 10y Incept.
2.39 - - - 2.30
Benchmark (%) (SGSU)

as of 31/Oct/2020

3.40 - - - 3.54
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
2.27 0.10 0.12 1.61 2.39 - - - 3.10
Benchmark (%) (SGSU)

as of 31/Oct/2020

3.00 0.13 0.23 1.82 3.40 - - - 4.79
  2015 2016 2017 2018 2019
Total Return (%) (SGSU) - - - - -
Benchmark (%) (SGSU) - - - - -

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. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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 Share Class as of 01/Dec/2020 GBP 4,005,886
Net Assets of Fund as of 01/Dec/2020 USD 64,680,943
Base Currency USD
Share Class Currency GBP
Fund Launch Date 12/Dec/2018
Share Class Launch Date 26/Jun/2019
Asset Class Fixed Income
Total Expense Ratio 0.17%
Ongoing Charges Figures 0.17%
Product Structure Physical
Methodology Sampled
Domicile Ireland
UCITS Yes
Benchmark Index BBG Barc MSCI USD Corporate 0-3 Sustainable SRI Index
Distribution Frequency Semi-Annual
Securities Lending Return -
ISA Eligibility Yes
SIPP Available Yes
UK Distributor/Reporting Status No/Seeking
Rebalance Frequency Monthly
ISIN IE00BK7Y2S64
Bloomberg Ticker SGSU LN
Issuing Company iShares II plc
Fund Manager BlackRock Asset Management Ireland Limited
Administrator State Street Fund Services (Ireland) Limited
Custodian State Street Custodial Services (Ireland) Limited
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding as of 01/Dec/2020 803,634
Number of Holdings as of 01/Dec/2020 646
Benchmark Level as of 01/Dec/2020 USD 120.10
Benchmark Ticker BMSRTRUU
Distribution Yield as of 01/Dec/2020 3.43
Weighted Avg Coupon as of 01/Dec/2020 2.90
Fiscal Year End 31 October
Effective Duration as of 01/Dec/2020 1.39
Weighted Avg Maturity as of 01/Dec/2020 1.43
Weighted Average YTM as of 01/Dec/2020 0.48%

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 01/Nov/2020 A
MSCI ESG Quality Score (0-10) as of 01/Nov/2020 6.88
MSCI ESG Quality Score - Peer Percentile as of 01/Nov/2020 95.40
MSCI ESG % Coverage as of 01/Nov/2020 99.92
Fund Lipper Global Classification as of 01/Nov/2020 Bond USD Corporates
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 01/Nov/2020 56.33
Funds in Peer Group as of 01/Nov/2020 261
All data is from MSCI ESG Fund Ratings as of 01/Nov/2020, based on holdings as of 31/Aug/2020. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of 01/Dec/2020 0.00%
MSCI - UN Global Compact Violators as of 01/Dec/2020 0.00%
MSCI - Nuclear Weapons as of 01/Dec/2020 0.00%
MSCI - Thermal Coal as of 01/Dec/2020 0.00%
MSCI - Civilian Firearms as of 01/Dec/2020 0.00%
MSCI - Oil Sands as of 01/Dec/2020 0.00%
MSCI - Tobacco as of 01/Dec/2020 0.00%

Business Involvement Coverage as of 01/Dec/2020 96.44%
Percentage of Fund not covered as of 01/Dec/2020 3.56%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 3.01%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Registered Locations

Registered Locations

  • Ireland

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 01/Dec/2020
Ticker ISIN Name Sector Location Asset Class Nominal Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of 01/Dec/2020
Issuer Weight (%)
CITIGROUP INC 3.27
MORGAN STANLEY 2.92
GOLDMAN SACHS GROUP INC/THE 2.74
APPLE INC 2.25
MITSUBISHI UFJ FINANCIAL GROUP INC 2.09
Issuer Weight (%)
ORACLE CORPORATION 1.71
TOYOTA MOTOR CREDIT CORP 1.66
ABBVIE INC 1.64
LLOYDS BANKING GROUP PLC 1.58
TORONTO-DOMINION BANK/THE 1.34
Issuer Ticker Name Asset Class Weight (%) Price Nominal Market Value Notional Value Sector ISIN Coupon (%) Maturity Exchange Location Market Currency Duration
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
as of 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
as of 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
as of 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
as of 01/Dec/2020

% of Market Value

Type Fund Benchmark Net
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Allocations are subject to change.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
London Stock Exchange SGSU GBP 28/Jun/2019 BK9ZD73 SGSU LN SGSU.L - - IE00BK7Y2S64 A2PLYU 48370017 - -

Literature

Literature