IS05

Fixed Income

ISHARES € GOVT BOND 20YR TARGET DURATION UCITS ETF EUR (DIST)

TER (bps):

15

AUM (USD m):

201

ISIN:

IE00BSKRJX20

Domicile:

Ireland

Share Class Currency:

EUR

ESG:

No

Geographical Focus:

Eurozone (EMU)

As of:

20 Feb 2024

Climate Fund:

No

Benchmark

The Markit iBoxx EUR Eurozone 20yr Target Duration Index is designed to provide a representation of fixed income securities that provide an aggregate duration of around 20 years, i.e. between 19 and 21 years on every monthly rebalancing. 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 duration of a bond will be affected by changes in yields, for instance, when yields increase duration typically decreases and vice versa. Accordingly, the higher the duration of a bond, the higher its sensitivity to a change in interest rates. As interest rates change, the price of a bond and its duration will change. The eligible bonds for the Benchmark Index are selected from the Markit iBoxx EUR Eurozone 15+ Index, which comprises fixed rate and zero coupon bonds maturing 15 years or more in the future and issued by a central government of a member of the Eurozone and denominated in Euro. Only bonds that have a minimum rating of AA- or better by Fitch, Moody’s and Standard & Poor’s Ratings Services are eligible for inclusion in the Benchmark Index.

PERFORMANCE

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