iShares € Covered Bond (ICOV)
iShares € Covered Bond is an exchange traded fund (ETF) that aims to track the performance of the Markit iBoxx € Covered Index as closely as possible. The ETF invests in physical index securities. The Markit iBoxx € Covered Index offers exposure to Euro denominated covered bonds with investment grade rating. Only bonds with a minimum remaining time to maturity of one year and a minimum amount outstanding of €1 billion are included in the index. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.
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Please note that the data on this page uses the following information to define the results:
Currency: EUR
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Key Facts
Domicile Irish UCITS III Yes Ticker ICOV Asset Class Fixed Income Expense Ratio (TER) % 0.2% Base Currency EUR Inception Date 01/08/08 Rebalance Frequency Monthly Fund Structure Physical ETF Methodology Sampled Dividend Frequency Semi Annually Use of Income Distributing Moody's Rating N/A N/A -
Product Details
Fund Accountant BOISS Issuing Company iShares III plc Product Licenser Markit & Iboxx Fund Manager BlackRock Advisors (UK) Limited Reporting Frequency Quarterly Futures Available No Options Available No Entry Fees No Exit Fees No Performance Fees No ISA Yes SIPP Yes UK Distributor Status Yes Minimum Purchase 1 Share -
Benchmark Information
Benchmark Name Markit iBoxx Euro Covered Index Benchmark Provider iBoxx Benchmark Currency EUR Benchmark Level Type Gross Total Return Rebalance Frequency Monthly Bloomberg Total Return Index Ticker IYGB Bloomberg Price Index Ticker IYGA -
Fixed Income Information
19/03/10No. of Holdings 51 Maturity (years) 5.12 Coupon (%) 4.12 Macaulay Duration (years) 4.42 Modified Duration (%) 4.29
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Net Asset Value Information
NAV 139.112763 Daily NAV Change -0.05 Daily NAV Change (%) -0.04% Total Return NAV 145.936308 Total Net Assets (000) 50,081 Shares Outstanding 360,000 Index Level 166.491 EUR View History Performance Chart 
These values are individually rounded. -
Performance Chart
Currency: EUR -
Yield Information
19/03/10Dividend Frequency Semi Annually Use of Income Distributing Fiscal Year End 30/06/10 Date of Financial Year-End-Distribution 23/06/10 Currency EUR Flat Yield (%) 3.88% (EUR) Yield to Maturity (%) 2.80% (EUR) View History -
London Stock Exchange
Fund Identifiers
ISIN IE00B3B8Q275 SEDOL B3B8Q27 Bloomberg Code ICOV LN Bloomberg iNAV INAVCBE RIC ICOV.L Reuters iNAV CBEUR=INAV -
London Stock Exchange
Exchange Information
Funds Ticker ICOV Fund Currency on Exchange EUR Initial Listing Date 01/08/08 On Exchange Market Makers
Flow Traders B.V. Nyenburgh Beheer BV Susquehanna International Securities -
Registered Countries
Austria Luxembourg France Netherlands Germany United Kingdom Italy
As with other investments, investors should be aware that the price of your investment (which may trade in limited markets) may go down as well as up and you may not get back the amount you invested. In addition your income is not fixed and may fluctuate. Investors are advised to seek the advice of an independent financial advisor in assessing the suitability of iShares as an investment.
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