Fixed Income

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

  • NAV as of 03/Dec/2024 EUR 8.19
    52 WK: 7.75 - 8.20
  • 1 Day NAV Change as of 03/Dec/2024 -0.01 (-0.10%)

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 iBoxx € Eurozone AAA Index, the Fund’s benchmark index.

The Fund invests predominantly in fixed income (FI) securities (such as bonds) that make up the Fund’s benchmark index (which comprises AAA-rated Eurodenominated government bonds).

At the time of purchase, the FI securities will have received a credit rating of Aaa by Moody’s, AAA by Standard & Poor’s or AAA by Fitch Ratings or are deemed by the investment manager to be of an equivalent rating. 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.

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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Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.

Distributions

Ex-Date Total Distribution
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Ex-Date Total Distribution
For more information: +353 1 612 3394 • 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 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
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

- -2.60 -15.59 -3.60 7.89
Benchmark (%)

as of 30/Sept/2024

- -2.66 -15.73 -3.77 7.78
  1y 3y 5y 10y Incept.
Total Return (%) 6.12 -4.66 - - -3.62
Benchmark (%) 5.98 -4.81 - - -3.72
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) -0.27 -1.35 0.25 3.03 6.12 -13.35 - - -15.67
Benchmark (%) -0.37 -1.37 0.20 2.93 5.98 -13.76 - - -16.08

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 03/Dec/2024
EUR 819
Inception Date
17/Mar/2020
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.03%
ISIN
IE00BKPX8H66
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 03/Dec/2024
EUR 238,363,791
Fund Launch Date
01/Jul/2011
Base Currency
EUR
Benchmark Index
Markit iBoxx Eurozone AAA 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
UHQEGBTTL

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
96
Standard Deviation (3y)
as of 31/Oct/2024
7.87%
Yield to Maturity
as of 31/Oct/2024
2.38
Weighted Average YTM
as of 31/Oct/2024
2.38%
Weighted Avg Maturity
as of 31/Oct/2024
8.77
12 Month Trailing Dividend Distribution Yield
as of 30/Nov/2024
1.49%
3y Beta
as of 31/Oct/2024
1.000
Modified Duration
as of 31/Oct/2024
7.49
Effective Duration
as of 31/Oct/2024
7.58
WAL to Worst
as of 31/Oct/2024
8.77

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)
Analyst-Driven % as of 31/Dec/2023
20.00
Data Coverage % as of 31/Dec/2023
100.00

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 2.3 02/15/2033 2.77
GERMANY (FEDERAL REPUBLIC OF) 0 08/15/2030 2.22
GERMANY (FEDERAL REPUBLIC OF) 2.2 02/15/2034 2.18
GERMANY (FEDERAL REPUBLIC OF) 0.5 02/15/2026 2.10
BUNDESREPUBLIK DEUTSCHLAND 4 01/04/2037 2.00
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 0.5 08/15/2027 1.94
GERMANY (FEDERAL REPUBLIC OF) 2.6 08/15/2033 1.86
GERMANY (FEDERAL REPUBLIC OF) 2.5 07/04/2044 1.83
GERMANY (FEDERAL REPUBLIC OF) 1.8 08/15/2053 1.82
GERMANY (FEDERAL REPUBLIC OF) 0.25 02/15/2027 1.82
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
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
Flex EUR 8.19 -0.01 -0.10 03/Dec/2024 8.20 7.75 IE00BKPX8H66
Class D EUR 9.23 -0.01 -0.10 03/Dec/2024 9.24 8.68 IE00BDRK7H99
Flex EUR 11.69 -0.01 -0.10 03/Dec/2024 11.70 10.98 IE00B4Z7ZH51
Inst EUR 11.41 -0.01 -0.10 03/Dec/2024 11.42 10.73 IE00B4XCK338

Portfolio Managers

Portfolio Managers

Missing portfolio manager content

Literature

Literature