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.
Important Information:The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due.Record Date | Ex-Date | Payable Date |
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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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Total Return (%) | 0.23 | 0.48 | 1.17 | 1.42 | 2.06 | 3.12 | 1.36 | 0.13 | 1.33 | 5.60 |
Benchmark (%) | 0.46 | 0.57 | 1.35 | 1.50 | 2.13 | 3.16 | 1.41 | 0.23 | 1.44 | 5.69 |
From 30-Jun-2019 To 30-Jun-2020 |
From 30-Jun-2020 To 30-Jun-2021 |
From 30-Jun-2021 To 30-Jun-2022 |
From 30-Jun-2022 To 30-Jun-2023 |
From 30-Jun-2023 To 30-Jun-2024 |
|
---|---|---|---|---|---|
Total Return (%)
as of 30-Jun-24 |
2.17 | 0.59 | -0.25 | 4.03 | 5.89 |
Benchmark (%)
as of 30-Jun-24 |
2.23 | 0.69 | -0.12 | 4.10 | 5.93 |
1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) | 5.99 | 3.40 | 2.55 | 1.99 | 1.87 |
Benchmark (%) | 6.01 | 3.48 | 2.63 | 2.09 | 1.98 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 3.36 | 0.63 | 1.57 | 2.84 | 5.99 | 10.54 | 13.40 | 21.82 | 22.20 |
Benchmark (%) | 3.37 | 0.64 | 1.60 | 2.85 | 6.01 | 10.81 | 13.84 | 22.94 | 23.53 |
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. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.
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
Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.
The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodologies behind Sustainability Characteristics using the links below.
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.
Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodology behind the Business Involvement metrics, using links below.
Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.
Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.
Austria
Belgium
Denmark
Finland
France
Germany
Ireland
Italy
Liechtenstein
Luxembourg
Netherlands
Norway
Portugal
Singapore
Spain
Sweden
Switzerland
United Kingdom
Issuer | Weight (%) |
---|---|
TOYOTA MOTOR CREDIT CORP | 2.52 |
GOLDMAN SACHS GROUP INC/THE | 1.53 |
ABBVIE INC | 1.47 |
ROYAL BANK OF CANADA | 1.43 |
BANK OF AMERICA CORP | 1.36 |
Issuer | Weight (%) |
---|---|
JPMORGAN CHASE & CO | 1.28 |
MORGAN STANLEY | 1.26 |
ORACLE CORPORATION | 1.15 |
GENERAL MOTORS FINANCIAL CO INC | 1.14 |
CATERPILLAR FINANCIAL SERVICES CORP | 1.11 |
Issuer Ticker | Name | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Nominal | Par Value | ISIN | Price | Location | Exchange | Duration | Maturity | Coupon (%) | Market Currency | Effective Date |
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Securities lending is an established and well regulated activity in the investment management industry. It involves the transfer of securities (such as shares or bonds) from a Lender (in this case, the iShares fund) to a third-party (the Borrower). The Borrower will give the Lender collateral (the Borrower’s pledge) in the form of shares, bonds or cash, and will also pay the Lender a fee. This fee provides additional income for the fund and thus can help to reduce the total cost of ownership of an ETF.
At BlackRock, securities lending is a core investment management function with dedicated trading, research and technology capabilities. The lending programme is designed to deliver superior absolute returns to clients, whilst maintaining a low risk profile. Funds participating in securities lending retain 62.5% of the income, while BlackRock receives 37.5% of the income and covers all the operational costs resulting from securities lending transactions.
From 30-Jun-2014 To 30-Jun-2015 |
From 30-Jun-2015 To 30-Jun-2016 |
From 30-Jun-2016 To 30-Jun-2017 |
From 30-Jun-2017 To 30-Jun-2018 |
From 30-Jun-2018 To 30-Jun-2019 |
From 30-Jun-2019 To 30-Jun-2020 |
From 30-Jun-2020 To 30-Jun-2021 |
From 30-Jun-2021 To 30-Jun-2022 |
From 30-Jun-2022 To 30-Jun-2023 |
From 30-Jun-2023 To 30-Jun-2024 |
|
---|---|---|---|---|---|---|---|---|---|---|
Securities Lending Return (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Average on-loan (% of AUM) | 0.23 | 0.22 | 1.07 | 0.57 | 0.26 | 0.42 | 0.56 | 0.51 | ||
Maximum on-loan (% of AUM) | 1.15 | 2.01 | 5.41 | 1.53 | 1.37 | 1.18 | 1.13 | 1.22 | ||
Collateralisation (% of Loan) | 110.44 | 105.70 | 105.83 | 104.29 | 104.99 | 106.35 | 105.61 | 105.56 |
Ticker | Name | Asset Class | Weight % | ISIN | SEDOL | Exchange | Location |
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Collateral Types | |||
---|---|---|---|
Loan Type | Equities | Government, Supranational and Agency Bonds | Cash (Not for Reinvestment) |
Equities | 105%-112% | 105%-106% | 105%-108% |
Government Bonds | 110%-112% | 102.5%-106% | 102.5%-105% |
Corporate Bonds | 110%-112% | 104%-106% | 103.5%-105% |
We also accept selected physically replicating Equity, Government Bond, Credit and Commodity ETFs as collateral.
Collateral parameters depend on the collateral and the loan combination, and the over collateralisation level may range from 102.5% to 112%. In this context, “Over Collateralisation” means that the aggregate market value of collateral
taken will exceed the overall on-loan value. Collateral parameters are reviewed on an ongoing bases and are subject to change.
With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.
Exchange | Ticker | Currency | Listing Date | SEDOL | Bloomberg Ticker | RIC |
---|---|---|---|---|---|---|
London Stock Exchange | ERND | USD | 17-Oct-13 | BCRY622 | ERND LN | ERND.L |
Euronext Amsterdam | ERND | EUR | 13-Nov-13 | BFZD343 | ERND NA | ERND.AS |
Deutsche Boerse Xetra | IS3L | EUR | 18-Oct-13 | BVFZJP4 | IS3L GY | IS3L.DE |
London Stock Exchange | ERNU | GBP | 17-Oct-13 | BCRY633 | ERNU LN | ERNU.L |
Bolsa Mexicana De Valores | ERND | MXN | 22-Jun-18 | BFMB4G9 | ERNDN MM | ERNDN.MX |
SIX Swiss Exchange | ERND | CHF | 24-Jan-14 | BG5HD31 | ERND SW | ERND.S |
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
|
9,920 USD
-0.8%
|
9,430 USD
-1.9%
|
|
Unfavourable
What you might get back after costs
Average return each year
|
9,970 USD
-0.3%
|
10,220 USD
0.7%
|
|
Moderate
What you might get back after costs
Average return each year
|
10,140 USD
1.4%
|
10,520 USD
1.7%
|
|
Favourable
What you might get back after costs
Average return each year
|
10,590 USD
5.9%
|
10,990 USD
3.2%
|
The stress scenario shows what you might get back in extreme market circumstances.