iShares $ Corp Bond Interest Rate Hedged UCITS ETF MXN Hedged (Acc)/  IE00BLF5J545  /

NAV9/28/2023 Chg.-5.8115 Type of yield Investment Focus Investment company
7,645.0068MXN -0.08% reinvestment - BlackRock 

Investment goal

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 Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Index, the Fund’s benchmark index (Index). The Index aims to measure the performance of US Dollar denominated corporate bonds in the Markit iBoxx USD Liquid Investment Grade Index (Underlying Index) while hedging against underlying interest rate risk of Dollar corporate bonds. The Underlying Index measures the performance of Dollar denominated, corporate fixed income (FI) securities (such as bonds) which pay income according to a fixed rate of interest. The FI securities will be investment grade (i.e. meet a specified level of credit worthiness) at the time of purchase. The Index hedges against underlying interest rate risk by selling US Treasury bond futures; a bond futures contract locks in the price at which a bond can be bought or sold at a future date. The hedge aims to reduce exposure to changes in the US Treasury bond interest rate curve, which shows the interest rates of different maturities. 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 US Treasury 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 US Treasury 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. 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 US Treasury bond yield exposure,

Master data

Type of yield: reinvestment
Funds Category: -
Branch: -
Benchmark: -
Business year start: -
Last Distribution: -
Depository bank: State Street Fund Services (Ireland) Limited
Fund domicile: Ireland
Distribution permission: Switzerland, Ireland, Virgin Islands (British)
Fund manager: -
Fund volume: -
Launch date: 8/19/2020
Investment focus: -


Issue surcharge: -
Max. Administration Fee: 0.30%
Minimum investment: - MXN
Deposit fees: -
Redemption charge: -
Ongoing charges (7/25/2019): 0.00%
Key Investor Information: -

Investment company

Funds company: BlackRock
Address: -
Country: unknown
Internet: -