iShares VI plc (SAAA) Global AAA-AA Govt Bond UCITS ETF (Dist)

The Share Class is a share class of a 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 Bloomberg Barclays Global Government AAA-AA Capped Bond Index (Index). The Share Class, via the Fund, aims to invest so far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the Index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold them until they cease to form part of the Index and it is practicable to sell the position. The Index measures the performance of local currency bonds issued by governments of developed countries worldwide. The bonds will have a minimum average credit rating of Aa3 by Moody’s, AA- by S&P and/or AA- by Fitch, the leading credit rating agencies. Such a credit rating is considered to be a high credit rating (which indicates that a particular government has a relatively high level of creditworthiness). The average is determined by using the middle rating of the credit rating agencies after dropping the highest and lowest available ratings. When ratings from only two credit rating agencies are available, the lower (more conservative) is used. When a rating from only one agency is available, that is used to determine index eligibility. The bonds will pay income according to a fixed rate of interest. The maximum market value weight in the Index for a country with government debt rated AAA (or its equivalent) is capped at 20% of the Index, while a country with government debt rated AA (or its equivalent) is capped at 10%. Any market value weight in excess of the relevant cap is redistributed pro rata among the government debt issues of the remaining countries in the Index, subject to the above caps. These may include the strategic selection of certain securities that make up the Index or other FI securities, including government bonds, which provide similar performance to certain constituent securities.

• Leverage -
• Currency hedgingNo

• Value Assessment review date31 March 2025
• Value Assessment next review date -
• Is Assessment of Value required under COLL?No
• Outcome of COLL Assessment of Value -
• Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
• Other review related to value and or charges -
• Further information-