|Fund Provider||BlackRock Asset Management Ireland - ETF|
Fund Objective The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the FTSE UK Conventional Gilts - Up To 5 Years Index. The objectives of the Fixed Income Funds are achieved by investing in a portfolio of government bond issues that so far as practicable and possible consist of the component securities of each Fund?s Benchmark Index. The Fixed Income Funds may utilise optimisation techniques extensively and may be able to provide a return similar to that of their Benchmark Indices by investing only in a relatively small number of the constituents of their Benchmark Indices. Derivatives can be used for efficient portfolio management and direct investment purposes. The portfolios are passively managed and cannot exceed the exposure limits set out in the Regulations and outlined in Schedule III of the Full Prospectus.
|Fund Type||Exchange Traded Product|
|12-Month NAV High||-|
|12-Month NAV Low||-|
|Fund Comparative Index||-|
|Morningstar CategoryTM||GBP Government Bond|
|Dividend Frequency||Twice Yearly|
One or more funds cannot be shown as they have less than one year of performance data.
Fund versus Morningstar Category
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.
The investment policy of this fund means it can be more than 35% invested in Government and public securities. These can be issued or guaranteed by other countries and Governments. For a full list please refer to the fund's prospectus.