Fixed Income

iShares Over 15 Years Gilts Index Fund (UK)

  • NAV as of 04/Dec/2024 GBP 0.62
    52 WK: 0.59 - 0.70
  • 1 Day NAV Change as of 04/Dec/2024 -0.01 (-0.83%)

Overview

Investment Approach

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) by tracking closely the performance of the FTSE Actuaries UK Gilts Conventional Over 15 Years Index, the Fund’s benchmark index. The Fund is passively managed and the investment adviser has discretion to select the Fund’s investments and in doing so may take into consideration the Benchmark Index. The Fund invests in fixed income securities (such as bonds) that make up the benchmark index and, at the time of purchase, comply with the credit rating requirements of the benchmark index. The benchmark index measures the performance Sterling denominated United Kingdom (UK) Government fixed income securities (gilts). The fixed income securities will have a credit rating which reflects that of the UK Government. The fixed income securities will pay income according to a fixed rate of interest. They will have a minimum remaining time to maturity (i.e. the time until they become due for repayment) of 15 years.

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

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Performance

Performance

Chart

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Distributions

Ex-Date Total Distribution
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Ex-Date Total Distribution
For more information: 0800 445 522 • www.blackrock.com • investor.services@blackrock.com

This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 11.3 14.4 -7.2 -40.2 1.6

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

  1y 3y 5y 10y Incept.
Total Return (%) 6.40 -17.31 -10.49 - -6.24
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) -7.45 -4.12 -3.55 0.89 6.40 -43.45 -42.55 - -31.79
  From
30-Sept-2019
To
30-Sept-2020		 From
30-Sept-2020
To
30-Sept-2021		 From
30-Sept-2021
To
30-Sept-2022		 From
30-Sept-2022
To
30-Sept-2023		 From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

6.41 -11.52 -36.87 -11.79 10.47

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 GBP, hedged share class 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

Key Facts

Key Facts

Net Assets of Fund
as of 03/Dec/2024
GBP 2,063,013,311
Fund Launch Date
23/Mar/2017
Base Currency
GBP
Initial Charge
-
Management Fee
0.00%
Performance Fee
-
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
IO15GXI
Inception Date
21/Nov/2018
Share Class Currency
GBP
Asset Class
Fixed Income
Ongoing Charges Figures
0.01%
ISIN
GB00BFBFXR66
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
GBP Government Bond
Dealing Frequency
Daily, forward pricing basis
SEDOL
BFBFXR6

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
28
Standard Deviation (3y)
as of 31/Oct/2024
17.64%
Yield to Maturity
as of 31/Oct/2024
4.79
Weighted Average YTM
as of 31/Oct/2024
4.79%
Weighted Avg Maturity
as of 31/Oct/2024
26.56
12 Month Trailing Dividend Distribution Yield
as of 30/Nov/2024
3.90%
3y Beta
as of 31/Oct/2024
1.000
Modified Duration
as of 31/Oct/2024
16.27
Effective Duration
as of 31/Oct/2024
16.17
WAL to Worst
as of 31/Oct/2024
26.56

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 - GOLD
Morningstar has awarded the Fund a Gold medal. (Effective 31/Oct/2024)
Analyst-Driven % as of 31/Oct/2024
20.00
Data Coverage % as of 31/Oct/2024
87.00

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
UK CONV GILT 4.5 12/07/2042 5.84
UK CONV GILT 4.25 12/07/2055 5.52
UK CONV GILT 4.75 10/22/2043 5.43
UK CONV GILT 4.25 12/07/2040 5.31
UK CONV GILT 3.5 01/22/2045 5.11
Name Weight (%)
UK CONV GILT 3.25 01/22/2044 4.95
UK CONV GILT 4.25 12/07/2046 4.82
UK CONV GILT 3.75 10/22/2053 4.78
UK CONV GILT 4 01/22/2060 4.66
UK CONV GILT 3.75 07/22/2052 4.45
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/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 X GBP 0.62 -0.01 -0.83 04/Dec/2024 0.70 0.59 GB00BFBFXR66
Class X GBP 0.69 -0.01 -0.83 04/Dec/2024 0.75 0.66 GB00B5B12Z56
Class D GBP 0.70 -0.01 -0.83 04/Dec/2024 0.76 0.67 GB00BF338G29

Portfolio Managers

Portfolio Managers

Missing portfolio manager content

Literature

Literature