Fixed Income

iShares Global Inflation-Linked Bond Index Fund (IE)

  • NAV as of 20/Nov/2024 USD 9.54
  • 1 Day NAV Change as of 20/Nov/2024 -0.04 (-0.40%)

Overview

Investment Approach


The Fund aims to achieve a total return on your investment, through a combination of capital growth and income, which reflects the return of the Bloomberg World Government Inflation-Linked Bond Index, the Fund’s benchmark index (Index).

The Fund invests in the fixed income (FI) securities (such as bonds) that predominantly make up the Index (which comprises global inflation linked bonds). The Fund may also invest in other FI securities such as bonds issued by companies, governments, government agencies and supranationals (e.g. the International Bank for Reconstruction and Development) domiciled in countries both in and outside the European Union and will be investment grade (i.e. meet a specified level of credit worthiness) or are deemed by the investment manager (IM) to be of equivalent rating at the time of purchase. If the credit rating of a FI security is downgraded, the Fund may continue to hold this, until it is practicable to sell the position.

The Index measures the performance of the global universe of inflation-linked FI securities issued by sovereign governments of the major investment grade rated economies.

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.]

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

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

Share Class and Benchmark performance displayed in USD, 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 20/Nov/2024
USD 136’549’988
Share Class launch date
26/Sept/2024
Share Class Currency
USD
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.03%
ISIN
IE000RXYXZR7
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BQXJP44
Net Assets of Fund
as of 20/Nov/2024
USD 2’398’762’195
Fund Launch Date
11/Apr/2008
Fund Base Currency
USD
Benchmark Index
Bloomberg World Government Inflation-Linked Bond Index
Initial Charge
0.00
Management Fee
0.00%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
ISGILFU

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Aug/2024
2’424
3y Beta
as of -
-
Modified Duration
as of 20/Nov/2024
8.71
Effective Duration
as of 20/Nov/2024
8.72
WAL to Worst
as of 20/Nov/2024
9.53 yrs
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of 20/Nov/2024
3.96%
Weighted Av YTM
as of 20/Nov/2024
1.55%
Weighted Avg Maturity
as of 20/Nov/2024
9.53 yrs

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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. MSCI Ratings are currently unavailable for this fund.

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 20/Nov/2024
Name Weight (%)
TREASURY (CPI) NOTE 0.375 07/15/2027 488’436’519’079.24
TREASURY (CPI) NOTE 1.75 01/15/2034 417’747’634’814.44
TREASURY (CPI) NOTE 0.125 01/15/2030 415’284’346’895.91
TREASURY (CPI) NOTE 0.125 07/15/2030 392’999’875’459.87
TREASURY (CPI) NOTE 0.125 10/15/2026 384’829’991’745.42
Name Weight (%)
TREASURY (CPI) NOTE 2.375 10/15/2028 383’388’867’038.36
TREASURY (CPI) NOTE 1.125 01/15/2033 380’019’824’817.05
TREASURY (CPI) NOTE 0.625 07/15/2032 379’682’030’952.12
TREASURY (CPI) NOTE 0.625 01/15/2026 369’805’825’029.23
TREASURY (CPI) NOTE 0.125 07/15/2031 368’240’567’998.78
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 19/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 19/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 19/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 19/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 19/Nov/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
Class Flexible Acc USD 9.54 -0.04 -0.40 20/Nov/2024 10.04 9.52 IE000RXYXZR7
Flexible Accumulatin EUR 181.28 0.40 0.22 20/Nov/2024 181.77 168.51 IE0005JGQ5P6
Flexible Acc. USD He USD 16.70 -0.04 -0.21 20/Nov/2024 17.17 15.90 IE00B2PPWQ36
Class Flexible Acc EUR 8.94 0.02 0.22 20/Nov/2024 8.96 8.31 IE000KD5RQM5
Class D USD 10.37 -0.04 -0.40 20/Nov/2024 10.94 10.03 IE000ZSEF059
Class D Acc Hedged GBP 8.52 -0.02 -0.22 20/Nov/2024 8.77 8.16 IE000H4Z3PW7
D Acc. USD Hedged USD 11.18 -0.02 -0.21 20/Nov/2024 11.50 10.66 IE00BD0NC367
Class Flexible Hedge CHF 10.19 -0.02 -0.24 20/Nov/2024 10.62 10.11 IE000HFBO1Y3
Class Flexible USD 7.75 -0.03 -0.40 20/Nov/2024 8.18 7.56 IE0004XHE738
Inst. Acc. USD Hedge USD 14.21 -0.03 -0.21 20/Nov/2024 14.61 13.54 IE00B3C8NT28

Portfolio Managers

Portfolio Managers

Missing portfolio manager content

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 3 years
Example Investment USD 10’000
Scenario
If you exit after 1 year
If you exit after 3 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
7’620 USD
-23.8%
6’360 USD
-14.0%

Unfavourable

What you might get back after costs
Average return each year
7’630 USD
-23.7%
8’130 USD
-6.7%

Moderate

What you might get back after costs
Average return each year
10’210 USD
2.1%
10’680 USD
2.2%

Favourable

What you might get back after costs
Average return each year
11’250 USD
12.5%
12’750 USD
8.4%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature