Fixed Income

iShares Overseas Government Bond Index Fund (UK)

  • NAV as of 21/Nov/2024 GBP 1.03
    52 WK: 1.01 - 1.06
  • 1 Day NAV Change as of 21/Nov/2024 0.00 (0.09%)

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 JP Morgan Global Government Bond Index ex-UK, 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 Fund’s benchmark index measures the performance of fixed income securities issued by governments of countries (excluding the United Kingdom). The fixed income securities will pay income according to a fixed rate of interest and will have a credit rating which reflects that of the relevant government. They will have a minimum remaining time to maturity (i.e. the time until they become due for repayment) of 1 year.

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.

The value of your investment and the income from it will vary and your initial investment amount is not guaranteed. Overseas investments will be affected by movements in currency exchange rates. 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.

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

Fixed income securities issued by governments can be affected by the perceived stability of the country concerned and proposed or actual credit rating downgrades.
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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 1 years.

  2019 2020 2021 2022 2023
Total Return (%) 4.6
Target Benchmark 1 (%) -2.2

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 (%) 7.54 - - - 3.67
Target Benchmark 1 (%) 1.32 - - - -2.30
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 1.66 -1.68 0.90 3.67 7.54 - - - 7.53
Target Benchmark 1 (%) -2.24 0.61 0.17 1.57 1.32 - - - -4.57
  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

- - - - 8.77
Target Benchmark 1 (%)

as of 30/Sept/2024

- - - - -0.01

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 21/Nov/2024
GBP 3,225,552,497
Fund Launch Date
28/Jan/2011
Fund Base Currency
GBP
Target Benchmark 1
JP Morgan Global Government Bond Index ex UK
Ongoing Charges Figures
0.03%
ISIN
GB00BN091602
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BN09160
Share Class launch date
25/Oct/2022
Share Class Currency
GBP
Asset Class
Fixed Income
Initial Charge
0.00%
Management Fee
0.00%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
ISHRGVD

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
899
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of 31/Oct/2024
3.31
Weighted Average YTM
as of 31/Oct/2024
3.31%
Weighted Avg Maturity
as of 31/Oct/2024
8.31
12 Month Trailing Dividend Distribution Yield
as of 31/Oct/2024
2.37
3y Beta
as of -
-
Modified Duration
as of 31/Oct/2024
6.67
Effective Duration
as of 31/Oct/2024
6.68
WAL to Worst
as of 31/Oct/2024
8.31

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 31/Oct/2024
Name Weight (%)
TREASURY NOTE 4 02/15/2034 0.51
TREASURY NOTE 1.5 01/31/2027 0.51
TREASURY NOTE 3.875 08/15/2033 0.49
TREASURY NOTE 1.375 11/15/2031 0.49
TREASURY NOTE 2.75 08/15/2032 0.48
Name Weight (%)
TREASURY NOTE 4.5 11/15/2033 0.48
TREASURY NOTE 4.125 11/15/2032 0.46
TREASURY NOTE 1.125 02/15/2031 0.46
TREASURY NOTE 3.375 05/15/2033 0.45
TREASURY NOTE 3.5 02/15/2033 0.45
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
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 Hedged GBP 1.03 0.00 0.09 21/Nov/2024 1.06 1.01 GB00BN091602
Class D Hedged GBP 1.05 0.00 0.09 21/Nov/2024 1.07 1.00 GB00BN091P94
Class D Hedged GBP 1.03 0.00 0.09 21/Nov/2024 1.05 1.00 GB00BN091Q02
Class L GBP 1.20 0.00 0.36 21/Nov/2024 1.24 1.17 GB00B59HT769
Class X GBP 1.18 0.00 0.36 21/Nov/2024 1.22 1.14 GB00B59THW30
Class H GBP 1.21 0.00 0.36 21/Nov/2024 1.24 1.17 GB00BPFJD859
Class X GBP 0.87 0.00 0.36 21/Nov/2024 0.92 0.86 GB00BFBFXP43
Class D GBP 1.21 0.00 0.36 21/Nov/2024 1.25 1.17 GB00B849C803

Portfolio Managers

Portfolio Managers

Missing portfolio manager content

Literature

Literature