iShares € Ultrashort Bond EUR Dist GBP (LSE:ERN1) - Overview

ETF Report

iShares € Ultrashort Bond UCITS ETF EUR (Dist) (GBP) ERN1

Closing Price
GBX8,568.50

1 Day Change
89.93|1.05%

As of 07/12/2016

Last Close8,568.50
52-Wk Range72.35 - 90.85
Yield %-
ISINIE00BCRY6557
Volume200
Discount % %-0.01

Growth Of 10,000 (GBP) 30/11/2016

HowHasThisSecurityPerformed
20122013201420152016
Fund---6.34-5.6815.50
Category---6.17-5.0515.25
Benchmark---6.57-5.0714.86
  • Fund: iShares € Ultrashort Bond UCITS ETF EUR (Dist) (GBP)
  • Category: EUR Ultra Short-Term Bond
  • Benchmark: Citigroup EUR EuroDeposit 3 Month EUR
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD16.4015.8615.49
3 Years Annualised0.780.790.61
5 Years Annualised---
10 Years Annualised---
Key Stats
Morningstar® CategoryEUR Ultra Short-Term Bond
ISINIE00BCRY6557
NAV 07/12/2016GBX 8,568.50
Day Change1.05%
12 Month Yield-
Dividend FrequencySemi-Annually
Net Assets (mil) 06/12/20161,385.91 EUR
Total Expense Ratio0.09%
Initial Charge-
Exit Charge-
Manager Name-
Inception Date16/10/2013

Morningstar Rating™

StarRatingValueLabel_3

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Benchmarks

Fund Benchmark

Markit iBoxx EUR Lqd IG Ultrshort TR EUR

Morningstar® Benchmark

Citigroup EUR EuroDeposit 3 Month EUR

Investment Objective

The fund is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index as closely as possible. The ETF invests in physical index securities. The Markit iBoxx EUR Liquid Investment Grade Ultrashort Index offers exposure to short maturity corporate bonds (bonds issued by companies) that are denominated in Euros and meet a minimum credit rating of investment grade, as determined by independent credit rating agencies. The index covers fixed rate bonds (bond securities that have a fixed rate of interest) maturing between 0 and 1 year and floating rate securities (bond securities with a variable rate of interest) with a time to maturity between 0 and 3 years. The index uses a market-value weighted methodology with a cap on each issuer of 3%.

Portfolio Profile06/12/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds78.800.0078.80
Cash19.930.0019.93
Other1.270.001.27
Top Fixed Income Sectors
Fixed Income Sector%
GlobalBondSectorBreakdown_303090.96
GlobalBondSectorBreakdown_50109.04
GlobalBondSectorBreakdown_10100.00
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Deutsche Bk Ag 5.125% 2017-08-31Germany1.27
Bpce 3.75% 2017-07-21France1.03
Cred Suisse London FRN 2017-03-30Switzerland0.81
Jpmorgan Chase Bk FRN 2018-06-14United States0.80
Ubs Ag London FRN 2017-05-15Switzerland0.73
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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