iShares £ Ultrashort Bond ETF GBP Dist (LSE:ERNS) - ETF price

ETF Report

iShares £ Ultrashort Bond UCITS ETF GBP (Dist) ERNS

Closing Price

1 Day Change

As of 04/12/2019

Last Close10,075.00
52-Wk Range100.03 - 107.02
Yield %0.92
Premium %0.01

Growth Of 10,000 (GBP) 30/11/2019

  • Fund: iShares £ Ultrashort Bond UCITS ETF GBP (Dist)
  • Category: GBP Diversified Bond - Short Term
  • Benchmark: Bloomberg Barclays Sterling Aggregate 1-3 Yr TR GBP
Trailing Returns % (GBP) 04/12/2019
3 Years Annualised0.790.530.63
5 Years Annualised0.770.580.97
10 Years Annualised---
Key Stats
Morningstar® CategoryGBP Diversified Bond - Short Term
NAV 04/12/2019GBX 10,074.07
Day Change-0.02%
12 Month Yield0.92%
Dividend FrequencySemi-Annually
Net Assets (mil) 03/12/20191,029.30 GBP
Total Expense Ratio0.09%
Initial Charge-
Exit Charge-
Manager Name-
Inception Date16/10/2013

Morningstar Rating™


Morningstar SRRI

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


Fund Benchmark

Markit iBoxx GBP Lqd IG Ultrshort TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate 1-3 Yr TR GBP

Investment Objective

The fund is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx GBP Liquid Investment Grade Ultrashort Index as closely as possible. The ETF invests in physical index securities. The Markit iBoxx GBP Liquid Investment Grade Ultrashort Index offers exposure to short maturity corporate bonds (bonds issued by companies) and quasi sovereign bonds (bonds issued by entities with explicit or implicit government backing) that are Sterling denominated 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.

Portfolio Profile03/12/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Covered Bond29.57
Cash & Equivalents28.63
Corporate Bond23.92
Government Related17.80
Asset Backed0.05
Top Holdings
IncreaseDecreaseNew since last portfolio
Kreditanstalt Fur Wiederaufbau 1.13% 2019-12-23Germany3.01
Nordrhein-Westfalen (Land) 0.86% 2021-10-29Germany2.44
National Westminster Bank plc 1.05% 2020-05-15United Kingdom2.43
The Toronto-Dominion Bank 1.04% 2021-06-07Canada2.37
Nationwide Building Society 1.14% 2022-08-02United Kingdom2.00
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. 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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