Fixed Income

iShares Ultra High Quality Euro Government Bond Index Fund (IE)

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.

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

Loading

Performance

Performance

Chart

View full chart

Distributions

Ex-Date Total Distribution
View full table

This chart shows the fund's performance as the percentage loss or gain per year over the last 3 years.

  2019 2020 2021 2022 2023
Total Return (%) -2.7 -18.2 5.9
Benchmark (%) -2.8 -18.4 5.8

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of 31/Mar/2024

- -1.47 -5.46 -11.93 2.35
Benchmark (%)

as of 31/Mar/2024

- -1.48 -5.57 -12.14 2.25
  1y 3y 5y 10y Incept.
-0.07 -5.57 - - -4.71
Benchmark (%) -0.13 -5.70 - - -4.80
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-3.42 -0.23 -1.03 0.06 -0.07 -15.80 - - -18.34
Benchmark (%) -3.45 -0.25 -1.05 0.02 -0.13 -16.15 - - -18.67

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

Share Class and Benchmark performance displayed in EUR, hedged share class benchmark performance is displayed in EUR.

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 13/Jun/2024
EUR 784
Inception Date
17/Mar/2020
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.03%
Annual Management Fee
0.00%
Minimum Initial Investment
EUR 500,000.00
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
EUR Government Bond
Dealing Frequency
Daily, forward pricing basis
SEDOL
BKPX8H6
Net Assets of Fund
as of 13/Jun/2024
EUR 206,469,389
Fund Launch Date
01/Jul/2011
Base Currency
EUR
Benchmark Index
Markit iBoxx Eurozone AAA Index (EUR)
Initial Charge
0.00%
ISIN
IE00BKPX8H66
Performance Fee
0.00%
Minimum Subsequent Investment
EUR 5,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
UHQEGBTTL

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/May/2024
97
Standard Deviation (3y)
as of 31/May/2024
7.79%
Yield to Maturity
as of 31/May/2024
2.82
Weighted Average YTM
as of 31/May/2024
2.82%
Weighted Avg Maturity
as of 31/May/2024
8.60
12 Month Trailing Dividend Distribution Yield
as of 31/May/2024
1.41%
3y Beta
as of 31/May/2024
1.000
Modified Duration
as of 31/May/2024
7.29
Effective Duration
as of 31/May/2024
7.40
WAL to Worst
as of 31/May/2024
8.60

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective 31/Dec/2023)

Holdings

Holdings

as of 31/May/2024
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 0 10/10/2025 2.70
GERMANY (FEDERAL REPUBLIC OF) 2.3 02/15/2033 2.67
GERMANY (FEDERAL REPUBLIC OF) 0.5 02/15/2026 2.31
GERMANY (FEDERAL REPUBLIC OF) 1.3 10/15/2027 2.16
GERMANY (FEDERAL REPUBLIC OF) 0 08/15/2030 2.00
Name Weight (%)
BUNDESREPUBLIK DEUTSCHLAND 4 01/04/2037 1.97
GERMANY (FEDERAL REPUBLIC OF) 0 08/15/2031 1.94
GERMANY (FEDERAL REPUBLIC OF) 4.75 07/04/2028 1.92
GERMANY (FEDERAL REPUBLIC OF) 0.5 08/15/2027 1.88
GERMANY (FEDERAL REPUBLIC OF) 0 08/15/2029 1.87
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/May/2024

% of Market Value

Type Fund Benchmark Net
as of 31/May/2024

% of Market Value

Type Fund Benchmark Net
as of 31/May/2024

% of Market Value

Type Fund Benchmark Net
as of 31/May/2024

% 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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Flex EUR 7.84 0.01 0.15 13/Jun/2024 8.17 7.52 IE00BKPX8H66
Inst EUR 10.85 0.02 0.15 13/Jun/2024 11.23 10.34 IE00B4XCK338
Class D EUR 8.78 0.01 0.15 13/Jun/2024 9.08 8.36 IE00BDRK7H99
Flex EUR 11.11 0.02 0.15 13/Jun/2024 11.48 10.58 IE00B4Z7ZH51

Portfolio Managers

Portfolio Managers

Samia Zhaibet
Samia Zhaibet
Francis Rayner
Francis Rayner
PortSols RATES LON GFI-EU Group
PortSols RATES LON GFI-EU Group

Literature

Literature