iShares € Govt Bond 20yr Target Duration UCITS ETF EUR (Dist)

The 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 EUR Eurozone 20yr Target Duration Index (the Index). The Fund is passively managed and aims to invest in the fixed income (FI) securities (such as bonds) that make up the Index and comply with its credit rating requirements. The Index is designed to provide a representation of FI securities that provide an aggregate duration of around 20 years. Duration reflects the time it takes for the price of a bond at a particular point in time to be repaid by the payments made by the bond (e.g. the coupon and/or final payment) to the investor. The higher the duration of a bond, the higher its sensitivity to a change in interest rates. The Index is always comprised of bonds from at least six different issues and the weight of each individual issue is capped at 30%. Further details are set out in the prospectus. The Fund uses optimising techniques to achieve a similar return to 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 financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. The Fund may also engage in short term secured lending of its investments to certain eligible third parties. This is used as a means of generating additional income and to off-set the costs of the Fund. The price of FI securities may be affected by changing interest rates which in turn may affect the value of your investment. FI securities prices move inversely to interest rates. Therefore, the market value of fixed income securities may decrease as interest rates increase. The credit rating of an issuing entity will generally affect the yi

Physical sampled

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No