Do you want to invest in government bonds and benefit from the same returns as the FTSE Euro Government Bond Index? This is possible with the Zwitserleven PPI iShares Government Bond Index Fund. This fund is not available to everyone. Your pension regulations state whether you can invest in them.
What does the fund invest in?
The Zwitserleven PPI iShares Government Bond Index Fund invests in the iShares Euro Government Bond Index Fund. As a result, the investment policy is the same. This policy is set out in the BlackRock Fixed Income Dublin Funds Prospectus at the bottom of this page. The iShares Euro Government Bond Index Fund (ISIN IE0031080868) has been specially selected for the Zwitserleven PPI iShares Government Bond Index Fund. In doing so, Zwitserleven is opting for a sustainable and socially responsible investment policy. Zwitserleven can also select similar funds from other asset managers. Then the fund will be replaced by one or more comparable funds. The Zwitserleven PPI iShares Government Bond Index Fund may temporarily maintain a cash position.
What is the investment objective?
The investment objective of the Zwitserleven PPI iShares Government Bond Index Fund is the same as that of the iShares Euro Government Bond Index Fund. This fund aims to achieve a return that reflects the performance of the FTSE Euro Government Bond Index, the Fund's reference index. The fund invests mainly in government bonds that make up the reference index. In countries where the fund has to pay withholding tax on government bonds, it can also invest in high-quality financial institutions.
How does the fund invest?
The fund employs a passive management – or indexing – investment approach. This means that the fund manager does not choose the investments himself and follows an index in order to keep the fund costs as low as possible.
What fund costs are charged?
The fund costs that are charged consist of:
- Ongoing Charges Figure, which is settled daily in the price of a fund. The expected Ongoing Charges Figure is 0.13% per annum.
- Management fees that are deducted from the investment value on a monthly basis. Information about management costs can be found in your pension regulations.