iShares Barclays Capital Asia Local Currency Bond Index ETF (N6L)
Intraday NAV & Market Price1
as of
| Time | (USD) | |
| Estimated NAV | ||
| Market Price |
Market Information2
| Last | Change ($) | Change (%) | |
|
NAV (as of 23 May 2013) |
$ 10.60 | $ -0.09 | -0.84% |
|
Closing Price (as of 16 May 2013) |
$ 10.68 | $ -0.08 | -0.74% |
Annual Returns5
| 2008 | 2009 | 2010 | 20116 | 2012 | |
| N6L | 1.49 | 9.74 | |||
| Benchmark Index | 1.38 | 10.23 |
Trading Information & Fund Identifier
|
Singapore Exchange
Primary Exchange |
|
GMT+8
Primary Exchange Time zone: |
|
N6L
Exchange Ticker |
|
ABLC SP
Bloomberg Ticker |
|
100 Units
Trading Board Lot |
|
USD
Trading Currency7
|
|
N6LNAV
Bloomberg NAV |
|
N6LIV
Bloomberg iNAV |
|
N6LSHO
Bloomberg Shares Outstanding |
|
B54VZ75
SEDOL |
|
SG2D31970312
ISIN |
|
BRBC.SI
Reuters Code |
Benchmark Index Information
as of 23 May 2013
|
Barclays Asia Local Currency Diversified Bond Index
Benchmark Index |
|
Barclays
Benchmark Index Provider |
|
Net Total Return
Benchmark Level Type |
|
BALNTRUU
Bloomberg Total Return Index |
|
Monthly
Rebalancing Frequency |
|
245
Number of Constituents |
Product Details
as of 23 May 2013
|
Physical
Fund Structure |
|
HSBC Institutional Trust Services (Singapore) Ltd
Fund Accountant |
|
BlackRock (Singapore) Limited
Fund Manager |
Maturity
as of 23 May 2013
Bond Credit Ratings
as of 23 May 2013
| % of Fund (Moody's) | % of Fund (S&P) | |
| Aaa/AAA | 10.35 | 11.82 |
| Aa1/AA+ | 0.29 | 0.00 |
| Aa2/AA | 0.88 | 0.00 |
| Aa3/AA- | 25.59 | 6.26 |
| A1/A+ | 0.00 | 10.78 |
| A2/A | 0.00 | 21.72 |
| A3/A- | 14.28 | 11.36 |
| Baa1/BBB+ | 19.14 | 3.76 |
| Baa2/BBB | 0.00 | 0.00 |
| Baa3/BBB- | 14.55 | 0.00 |
| Ba1/BB+ | 10.96 | 8.73 |
| Ba2/BB | 0.00 | 0.00 |
| Ba3/BB- | 0.00 | 0.00 |
| B1/B+ | 0.00 | 0.00 |
| B2/B | 0.00 | 0.00 |
| B3/B- | 0.00 | 0.00 |
| Caa1/CCC+ | 0.00 | 0.00 |
| Caa2/CCC | 0.00 | 0.00 |
| Caa3/CCC- | 0.00 | 0.00 |
| Ca/CC | 0.00 | 0.00 |
| C/C | 0.00 | 0.00 |
| CI | - | 0.00 |
| R | - | 0.00 |
| SD | - | 0.00 |
| D | - | 0.00 |
Other
Other indicates neither an official nor valid rating from the rating agencies are available
|
1.19 | 5.47 |
Profile
as of 23 May 2013
- Generally, investments in emerging markets are subject to a greater risk of loss than investments in a developed market. This is due to, among other things, greater market volatility, lower trading volume, political and economic instability, lack of regulation, greater risk of market shutdown and more governmental limitations on foreign investment policy than typically found in developed markets.
- Prices on the SGX are based on secondary market trading factors and may deviate significantly from the net asset value of the Fund.
| Asset Class | Fixed Income |
| Total Net Assets ('000,000) | $ 23.33 |
| Management Fee3 | 0.35% |
| Outstanding Units/Shares | 2,200,000 |
| Number of Holdings | 68 |
| Fund Inception Date | 30 May 2011 |
| Listing Date | 2 June 2011 |
| Domicile | Singapore |
| Base Currency | USD |
| ETF Methodology | Sampled |
Top 10 Holdings4
as of 23 May 2013
|
4.64
INDONESIA (REPUBLIC OF) 11 09/15/2025
|
|
|
4.46
KOREA (REPUBLIC OF) 4 03/10/2016
|
|
|
3.80
SINGAPORE (REPUBLIC OF) 3.75 09/01/2016
|
|
|
3.54
KOREA (REPUBLIC OF) 5 06/10/2020
|
|
|
3.44
THAILAND (KINGDOM OF) 3.875 06/13/2019
|
|
|
3.07
MALAYSIA (FEDERATION OF) 4.378 11/29/2019
|
|
|
2.95
MALAYSIA (FEDERATION OF) 4.012 09/15/2017
|
|
|
2.94
PHILIPPINES (REPUBLIC OF) 8 07/19/2031
|
|
|
2.87
KOREA (REPUBLIC OF) 5.75 09/10/2018
|
|
|
2.86
MALAYSIA (FEDERATION OF) 3.197 10/15/2015
|
|
|
Total
34.58%
|
Top 10 Currencies4
as of 23 May 2013
|
South Korean Won
24.87
|
|
Thai Baht
19.14
|
|
Malaysian Ringgit
15.37
|
|
Indonesian Rupiah
14.55
|
|
Singapore Dollar
12.33
|
|
Philippine Peso
12.30
|
|
China OffShore Renminbi
0.72
|
|
Hong Kong Dollar
0.72
|
|
Total
100.00%
|
Yield Information
as of 23 May 2013
Average Yield To Maturity
Yield to Maturity is the discount rate that equates the present value of a bond's cash flows with its market price (including accrued interest). The Fund Average YTM is the weighted average of the fund's indivudal bond holding YTMs based upon Net Asset Value ('NAV'). The measure does not include the fees and expenses
|
3.25% |
| Distribution Frequency | Quarterly |
| Use of Income | Distributing |
| Flat Yield | 4.41% |
Fundamentals & Risk
as of 23 May 2013
|
Weighted Average Maturity
The mean of the remaining term to maturity of the underlying bonds in a portfolio
|
8.90 yr |
|
Effective Duration
A measure of the responsiveness of a bond or portfolio's price to changes in interest rates. Effective Duration takes into account the possible changes in expected bond cash flows due to interest rates changes.
|
6.62 |
|
Weighted Average Coupon
The mean of the coupon rate of the underlying bonds in a portfolio
|
4.97% |
|
Average Convexity
The average convexity is weighted by the market capitalisation of the respective bonds, where market capitalization is defined as the result of the dirty price of a bond multiplied by its amount outstanding.
|
0.76 |
Participating Dealers
| BNP Paribas Securities Services, Singapore Branch |
| Citigroup Global Markets Singapore Securities Pte Ltd |
| Credit Suisse Securities (Singapore) Limited |
| Deutsche Securities Asia Limited |
| Goldman Sachs Futures Pte Ltd |
| The Hongkong and Shanghai Banking Corporation Limited |
| Maybank Kim Eng Securities Pte. Ltd. |
| Merrill Lynch (Singapore) Pte. Ltd. |
| Morgan Stanley & Co. International PLC |
| Nomura Securities Singapore Pte. Ltd. |
| Société Générale, Singapore Branch |
| UBS Securities Pte Ltd |
All dollar amounts are in USD. All dates are in GMT+8 Time. Any exceptions are noted.
1. Estimated NAV is indicative only and is provided on a delayed basis by Deutsche Borse AG. Market prices are provided on a delayed basis by Interactive Data Managed Solutions. (See terms and conditions)
2. Performance is calculated on a single pricing basis (NAV to NAV) in USD and assumes dividend reinvestment. Change indicates the change since the previous business day. Refer to the Prospectus for more information on determination of Net Asset Value.
3. The Management Fee is a measure of the cost associated with managing and operating the fund including management and trustee fees but excluding investment costs such as brokerage and access product charges. For complete information on fees and charges, please refer to the Prospectus.
4. As a percentage of market value.
5. Represents performance figures for each year ended 31 December, unless otherwise stated.
6. Represents performance figures since inception of the fund to 31 December 2011.
7. The Fund commenced trading in two different currency denominations (i.e. USD and SGD) on 15 June 2012. Please refer to the Pricing and Exchange tab for further information, such as fund identifiers, for each of the trading currency.
Investing involves risk, including possible loss of principal. Investment in emerging market countries may involve heightened risks such as increased volatility and lower trading volume, and may be subject to a greater risk of loss than investment in a developed country. Investors should be aware that the price of shares of the iShares Funds, and the income from them (if any), may fall as well as rise, and investors may not get back their original investment. Before investing, you should carefully consider the investment objectives, risks, charges and expenses and all other information contained in the relevant prospectus which is available upon request from BlackRock.
Past performance may not be repeated and is no guide for future performance or returns. Performance is calculated on a single pricing basis (NAV to NAV) in base currency, inclusive of all transaction fees and assumes dividend reinvestment. Index returns are for illustrative purposes only and do not represent actual iShares Funds or iShares Trusts performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.
iShares Funds are not sponsored, endorsed, issued, sold or promoted by their index providers. For details of the index provider including any disclaimer, please refer to the relevant iShares Fund offer document.
Source: Fund performance and index data are provided by BlackRock and the relevant index providers respectively.
