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An individual investor, also known as a retail client, is a client organisation or individual who cannot meet both:
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(ii) one or more of the qualified investor criteria set out in Article 2 of the Prospectus Directive (Directive 2003/71/EC).
On this website, Intermediaries are investors that qualify as both a Professional Client and a Qualified Investor.
In summary a person who can both be classified as a professional client under the Markets in Financial Instruments Directive and a qualified investor in accordance with the Prospectus Directive will generally need to meet one or more of the following requirements:
(1) An entity required to be authorised or regulated to operate in the financial markets. The following list includes all authorised entities carrying out the characteristic activities of the entities mentioned, whether authorised by an EEA State or a third country and whether or not authorised by reference to a directive:
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Please note that the above summary is provided for information purposes only. If you are uncertain as to whether you can both be classified as a professional client under the Markets in Financial Instruments Directive and classed as a qualified investor under the Prospectus Directive then you should seek independent advice.
iShares can help you rethink your fixed income portfolio.
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.
The volatile markets of the past three years caused many investors to move money into a less volatile asset — cash. While cash has provided income temporarily during periods of uncertainty, holding too much can hurt portfolio returns by missing out on better opportunities.
Now, with sustained higher rates, bond yields have surged to attractive levels after a decade of lows, creating an appealing entry point to reallocate back into fixed income.1
Bond ETFs are among the powerful tools within the investor tool kit because they can offer the efficiency and precision needed to navigate this market environment (See Granular Product Selection below)*. Remarkably, 72% of wealth managers globally increased their use of bond ETFs in 2023.2
Interest rates are now at some of the highest levels they have been in the last decade, offering investors many income opportunities to pursue. In an effort to build durable, resilient portfolios, investors are now able to use low-cost index exposures at the core, while employing active strategies to seek enhanced returns.
For the first time since 2007, more than 80% of fixed income sectors are yielding over 4%.3
By investing with iShares, you tap into BlackRock’s fixed income expertise, helping to shape and strengthen your entire portfolio.
EVALUATE
Evaluate your existing fixed income allocation to help you understand what could drive risk and return in your portfolio.
EVOLVE
Evolve your portfolio by identifying areas to enhance overall efficiency, or to incorporate new investment themes beyond your area of expertise, such as sustainable fixed income or China bonds.
BUILD
Build efficient portfolios. The choice of instruments is key when moving from strategic portfolio construction to a holistic implementation approach. Investors should use all available tools in the box.
*With over 2,300 bond ETFs globally, investors today have more choices and tools than ever. Newer bond ETFs are slicing the fixed income marketplace into ever more granular exposures that can be blended into highly customisable portfolios.4
CHOICE
iShares offers the broadest range of Europe-domiciled bond UCITS ETFs, with over 100 funds covering nearly all parts of the fixed income market.5
ACCESSIBILITY
iShares bond ETFs bring strategies once reserved for large institutions to all investors, offering a flexible toolkit that meets a wide range of income, return, and risk objectives.
Holding bonds until maturity can help lock in current yields, but iBonds ETFs offer a more efficient alternative. These fixed maturity ETFs combine the benefits of individual bonds and traditional ETF trading. iBonds mature like bonds while offering low-cost, diversification and exchange-traded flexibility.
Bond ETFs are increasingly becoming a tool of choice for investors looking to improve their portfolios’ sustainability characteristics and fulfil carbon reduction targets.
The rules-based methodology inherent in indexed ETFs provides visibility and transparency. This, along with cost-effectiveness, liquidity and the overall efficiency of the ETF wrapper have contributed to growing adoption.
Global sustainable bond ETFs AUM has surged more than 80 times since 2015.6
Investors who plan to include sustainability and transition considerations in their portfolio may need a partner to help them rethink their fixed income allocations. Backed by BlackRock, iShares bond ETFs platform, can help investors navigate this change.
CHOICE
iShares offers one of the widest range of sustainable and transition bond ETFs funds globally, spanning credit, government bonds & emerging market debt.7
EXPERTISE
When investing with iShares, investors access a sustainable ETF platform backed by 30+ years of BlackRock's fixed income expertise.
VISIBILITY AND TRANSPARENCY
Our iShares range tracks sustainable fixed income indices that are built with an objective, rules-based approach, giving investors clear visibility into the sustainable considerations used for bond inclusion.
As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals.
1Source: Bloomberg, as of 31 March 2024.
2Source: Institutional Investor report as of 30 June 2023, Institutional Investor’s Custom Research Lab conducted a study with institutional investment decision makers in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa on their portfolio management priorities and preferences in the wake of high inflation, rising interest rates, and geopolitical conflict. Based on 760 respondents. Usage figures come from a global survey of institutional investment decision makers at insurers, endowments, family offices, foundations, pensions, and asset management firms surveyed.
3Source: BlackRock Global Business Intelligence, with data from Bloomberg and Morningstar as of 31 December 2023.
4Source: BlackRock Global Business Intelligence, with data from Bloomberg and Morningstar. The total number of bond ETFs globally is 2,392, as of 31 March 2024.
5Source: Bloomberg and Morningstar, as of 31 March 2024.
6Source: GBI as of 31 December 2023
7Source: BlackRock Global Business Intelligence, with data from Bloomberg and Morningstar, as of 31 March 2024.
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