This website contains information intended only for financial intermediaries acting as agents on behalf of non-U.S. Persons within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). By accessing the website, you certify that you are a financial intermediary acting as an agent on behalf of a non-U.S. Person, that you are not seeking to purchase an investment product for the account or benefit of a U.S. Person and that you shall only distribute the materials contained in this website to non-U.S. Persons, and in compliance with all applicable laws and regulations of the relevant jurisdiction in which such materials will be distributed. Investment products described on the website may not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such investment product. For purposes of this verification, “U.S. Person” includes, but is not limited to, any natural person resident in the U.S. and any partnership or corporation organized or incorporated under the laws of the U.S.
On this website, financial intermediaries are investors that qualify as institutional investors, qualified investor, or professional investors in their respective jurisdiction of residence (as such term is defined by the applicable regulations in such relevant jurisdiction), acting as agents on behalf of non-U.S. Persons.
If you are uncertain as to whether you can be classified as an institutional, professional or qualified investor under the applicable rules of your jurisdiction of residence, then you should seek independent advice.
Terms and conditions
Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorized for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.
Please note that you are required to read and accept the terms of our Privacy Policy before you are able to access our websites.
Once you have confirmed that you agree to the legal information in this document, and the Privacy Policy – by indicating your consent above – we will place a cookie on your computer to recognize you and prevent this page reappearing should you access this site, or other BlackRock sites, on future occasions. The cookie will expire after six months, or sooner should there be a material change to this important information.
“BlackRock”, “we”, “us” or “our” means BlackRock, Inc., and each of the direct or indirect subsidiaries of BlackRock, Inc.
By confirming that you have read this important information, you are also:
(i) Agree that such information will apply to any subsequent access to all the sections of this website by you, and that all such subsequent access will be subject to the disclaimers, risk warnings and other information set out herein; and
(ii) Warrant that no other person will access this website from the same computer and logon as you are currently using.
The funds described in the following pages can be marketed in certain jurisdictions only. It is your responsibility to be aware of the applicable laws and regulations of your country of residence. Further information is available in the relevant fund’s offering documents.
This does not constitute an offer or solicitation to sell shares in any of the funds referred to on this website, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful, or in which the person making such offer or solicitation is not qualified to do so, or to anyone to whom it is unlawful to make such offer or solicitation.
As a result of money laundering regulations, additional documentation for identification purposes may be required when investing in a fund referred to on this website. Details are contained in the relevant fund’s offering documents.
If you are unsure about the meaning of any information provided, please consult your financial or other professional adviser.
The information contained on this website is published in good faith but no representation or warranty, express or implied, is made by BlackRock or by any person as to its accuracy or completeness and it should not be relied on as such. BlackRock shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential. No information on this website constitutes investment, tax, legal or any other advice.
Where a claim is brought against BlackRock by a third party in relation to your use of this website, you hereby agree to fully reimburse BlackRock for all losses, costs, actions, proceedings, claims, damages, expenses (including reasonable legal costs and expenses), or liabilities, whatsoever suffered, or incurred directly by, BlackRock resulting from your improper use of this website. Neither party should be liable to the other for any loss or damage which may be suffered by the other party due to any cause beyond the first party's reasonable control including without limitation any power failure.
You may leave this website when you access certain links on this website. BlackRock has not examined any of third-party websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites.
The information contained on this website is subject to copyright with all rights reserved. It must not be reproduced, copied or redistributed in whole, or in part.
©2022 BlackRock, Inc. All Rights Reserved. BLACKROCK and iSHARES are registered trademarks of BlackRock, Inc. All other trademarks are those of their respective owners.
Investors are choosing iShares fixed income ETFs for many reasons:
Cost Efficiency - on average, iShares bond ETFs cost 77% less than active mutual funds helping you keep more of what you earn. 1
Tax efficiency - Bond ETFs may have potential withholding and estate tax benefits when compared to individual bonds.
Competitive performance - iShares bond ETFs have outperformed the majority of their peers over the last year.2
With much higher rates after the aggressive policy response from Central Banks around the world, Fixed Income plays a fundamental role in today’s portfolios. Not only entry points become more interesting due to current valuations, but could potentially benefit from the next phase of monetary policy. Duration was the risk factor to avoid during the hiking cycle and will be the factor to seek when Central Banks pivot and turn around over the next months.
Periodic income – exploring & expanding ways to generate periodic income.
Liquidity – investing available cash in liquid instruments.
Diversifying risk – seek to add stability to stock holdings or riskier assets.
Capital preservation - conserving investments against inflation.
Largest fixed income ETF provider
iShares holds $816bn in assets under management (AUM) out of the $1.99td corresponding to fixed income ETFs globally.3
Bond ETFs offer liquidity and transparency to markets
Fixed income ETFs are traded thousands of times through the day on the exchange. Individual bonds may not operate on a daily basis and are only over-the-counter transactions. 4
Wide range of fixed income ETFs
Fixed income iShares offer international diversification and exposure to different sectors, regions & countries that can help cover specific positions in a whole portfolio.5
Explore how iShares fixed income ETFs could help solve your bond market challenges.
Investors are increasingly choosing fixed-income ETFs because of their low cost, transparency, easy access, liquidity and competitive returns.
With an ETF, investors can trade a basket of bonds more efficiently and at a lower cost than trading the individual underlying bonds.
Fixed income ETFs are transparent and can be used as tools to organize and navigate the fragmented over the counter (“OTC”) bond markets.
iShares ETFs provide access to various sectors, credit qualities, durations and factors or sustainable strategies within the broad fixed income universe.
Trading volumes of Fixed income ETF have historically increased during periods of elevated stress in bond markets, providing liquidity to investors.
iShares' bond ETFs are ranked in the first and second quartiles of Morningstar's overall 1-year, 3-year, 5-year and 10-year rankings in several categories, including Core Intermediate Bond, Core-Plus Bond, Corporate Bond, Emerging Markets and High Yield.
What are fixed income ETFs?
Fixed income, or “bond” ETFs are becoming increasingly popular among investors. In this video we break down the potential benefits of incorporating fixed income ETFs into a portfolio.
1Morningstar as of 03/31/2023. Comparison is between the Prospectus Net Expense Ratio for the average Fixed Income iShares ETF (0.19%) and the average Fixed Income Open-End Mutual Fund (0.81%) available in the U.S. ex money market funds.
2BlackRock calculation using fund performance rankings from Morningstar, as of 03/31/2023. Comparison universe is ETFs and mutual funds in the Morningstar category and uses total return. Categories represented are US Fund High Yield Bond, US Fund Short-Term Bond, US Fund Inflation-Protected Bond, US Fund Global Bond, US Fund Short Government, US Fund Long-Term Bond, US Fund Long Government, US Fund Intermediate Government, US Fund Corporate Bond, US Fund Muni California Long, US Fund Intermediate Core Bond, US Fund Intermediate Core-Plus Bond, US Fund Global Bond-USD Hedged, US Fund Ultrashort Bond, US Fund Target Maturity, US Fund Muni Target Maturity, US Fund Emerging Markets Bond, US Fund Emerging-Markets Local-Currency Bond, US Fund Muni National Interm, US Fund Muni New York Intermediate, US Fund Preferred Stock, and US Fund Muni National Short. Overall figure is a weighted average of the percentage of funds that the iShares and BlackRock bond ETFs have outperformed in each Morningstar category, weighted based on the number of funds in each respective Morningstar category. The funds outperformed 66%, 64% and 51% of peers on a 1, 5 and 10 year basis, respectively. Performance maybe different for other time periods.
3Bloomberg of Oct 31, 2023.
4Bloomberg of Oct 31, 2023.
5Morningstar.
The information contained herein is for informational purposes only and is not intended to be relied upon as a forecast, research, or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. An assessment should be made as to whether the information is appropriate for you having regard to your objectives, financial situation and needs. Reliance upon information in this material is at the sole discretion of the reader Investment implies risk, including the possible loss of principal.
Carefully consider the iShares and Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds’ prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.BlackRock.com. Read the prospectus carefully before investing.
For Institutional investors and financial intermediaries only (not for public distribution). The information contained herein is for informational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. An assessment should be made as to whether the information is appropriate for you having regard to your objectives, financial situation, and needs. Reliance upon information in this material is at the sole discretion of the reader. Investment implies risk, including the possible loss of principal.
This information does not consider the investment objectives, risk tolerance, or the financial circumstances of any specific investor. This information does not replace the obligation of financial advisor to apply his/her best judgment in making investment decisions or investment recommendations.
This material is restricted to distribution to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act Of 1933, as amended (the "Securities Act"). Any securities described herein may not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities. In particular, any UCITS funds mentioned herein are not available to investors in the U.S. and this material cannot be construed as an offer of any UCITS fund to any investor in the U.S.
©2024 BlackRock, Inc. All Rights Reserved. BLACKROCK and iSHARES are registered trademarks of BlackRock, Inc. All other trademarks are those of their respective owners.
MKTGH1223L/S-3267981
