iShares € Corp Bond Interest Rate Hedged UCITS ETF EUR (Dist)
iShares V PLC (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the Bloomberg Barclays EUR Corporate Interest Rate Hedged Index, the Fund’s benchmark index (Index). The Index aims to measure the total return of Euro denominated corporate bonds in the Bloomberg Barclays Euro Corporate Bond Index (Underlying Index) while hedging against underlying interest rate risk of Euro corporate bonds in the form of German government bond yield risk. The Underlying Index measures the performance of Euro-denominated, investment grade fixed income (FI) securities (such as bonds) which pay income according to a fixed rate of interest and are issued by industrial, utility and financial companies. The Index hedges against underlying interest rate risk by subtracting from the total return of the Underlying Index, the return on a basket of German government bond futures contracts on a monthly basis. The hedge aims to minimise exposure to movements in the yield of German government bonds. The Share Class, via the Fund, aims to invest so far as possible and practicable in the FI securities that make up the Underlying Index and comply with its credit rating requirements, as well as in German government bond futures contracts that, as far as possible track the hedging methodology of the Index. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold these until they cease to form part of the Index and it is practicable to sell the position. The German government bond futures contracts are weighted appropriately according to the duration of the FI securities held in the Index on a monthly basis. No adjustment is made to the hedge during the month to account for price movements of FI securities of the Index. The Fund uses optimising techniques to achieve a similar return to its Index. These may include the strategic selection of certain securities that make up the Index or other FI securities which provide similar performance to certain constituent securities. These may also include the use of FDIs (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. Apart from hedging German government bond yield exposure, the use of FDIs is expected to be limited for this Share Class. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index. Your shares will be distributing shares (i.e. income will be paid on the shares semi-annually). Your shares will be denominated in Euro, the Fund's base currency.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
2
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 14/02/202096.67
Morningstar categoryEUR Corporate Bond
CurrencyEUR
Distribution statusDistributing
ISINIE00B6X2VY59
Inception Date22/10/2012
Minimum initial amount-
Exchange NameLONDON STOCK EXCHANGE
TickerIRCP
Fees And Charges
Purchase charge0.1% (subject to minimum)
Custody feeNone
Sale charge0.1% (subject to minimum)
Fund management company
Total Net Assets (mil)1,236.82 EUR (31/01/2020)
UCITSYes
Administrator-

Documents

Prospectus
en 24/05/2019
Annual Report
en 30/11/2018
Semi Annual Report
en 31/05/2019
Morningstar Report
17/02/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year3.02%14/02/2020
3 years0.59%14/02/2020
5 years0.12%14/02/2020
Since launch0.83%14/02/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-0.03%
1 month0.10%
3 months0.51%
6 months1.22%
Quarterly Returns
Q 1Q 2Q 3Q 4
2020----
20191.84%0.76%0.14%1.21%
2018-0.74%-1.48%0.52%-1.98%
2017-0.07%0.89%0.27%0.37%
20160.09%-0.03%1.13%-0.38%
Dividend
Date ex dividendGross dividendPayment Date
13/06/20190.3726/06/2019
14/06/20180.2427/06/2018
15/06/20170.3630/06/2017
16/06/20160.6729/06/2016
25/06/20150.8216/07/2015
25/06/20141.0216/07/2014
26/06/20131.3117/07/2013

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond96.96%0.00%96.96%
Cash1.26%0.26%1.00%
Other2.04%0.00%2.04%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
2.332.192.43
Sharpe Ratio
1.560.410.21
Sortino Ratio
2.990.590.30
Positive Months7.0019.0031.00
Negative Months5.0017.0029.00
Worst Month-1.11-1.51-1.67
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
96.67
Closing Price
All key information and documents must be reviewed before being able to Invest.