Title: iShares Global Aggregate Bond ESG SRI UCITS ETF EUR Hedged (Acc) URL Source: https://docs.oppl.io/etf/IE000APK27S2_22-08-2025.pdf Published Time: Sun, 24 Aug 2025 14:36:22 GMT Markdown Content: > The benchmark is the intellectual property of the index provider. The Share Class is not sponsored or endorsed by the index provider. Please refer to the Fund's prospectus for full disclaimer. ## KEY INVESTOR INFORMATION This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest. # iShares Global Aggregate Bond ESG SRI # UCITS ETF ## A sub-fund of iShares III plc # EUR Hedged (Acc) Share Class ISIN: IE000APK27S2 Exchange Traded Fund (ETF) Manager: BlackRock Asset Management Ireland Limited # Objectives and Investment Policy 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 MSCI Global Aggregate Sustainable and Green Bond ESG SRI Index (“Index”). The Share Class, via the Fund, is passively managed and aims to invest in the fixed income (“FI”) securities (such as bonds) that make up the Index and comply with its credit rating requirements. The Index measures the performance of securities comprising the Bloomberg Global Aggregate Index (“Parent Index”) that are local currency denominated, fixed-rate, investment grade, government, government-related, corporate and securitized bonds from developed and emerging markets and excludes issuers based on the index provider's environmental, social and governance ("ESG"), socially responsible investment ("SRI") and other criteria. The Index will allocate at least 10% of its market value to securities classified as green bonds under the index methodology. Green bonds are defined by the index provider as FI securities whose proceeds are exclusively and formally applied to projects or activities that promote climate or other environmental sustainability purposes. Issuers are excluded from the Index if they are involved in certain business lines/activities, as outlined in the Index description of the Fund in the Fund’s Prospectus. Green, Social, and Sustainability (GSS) bonds from such issuers may be included if their proceeds support projects promoting positive environmental or social outcomes. Companies that are in violation of United Nations Global Compact principles or OECD Guidelines for Multinational Enterprises are alwaysso excluded from the Index To be eligible for inclusion in the Index, the bonds must have at least one year until final maturity, comply with minimum local currency par amounts outstanding set by the index provider and be rated investment grade (i.e. meet a specified level of creditworthiness). The Fund may obtain limited exposure to securities which do not satisfy the ESG criteria. The Fund uses optimising techniques to achieve a similar return to its Index. The investment manager may use financial derivative instruments ("FDIs") (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objective. FDIs may be used for direct investment purposes. The Fund will adopt a best-in-class approach to sustainable investing, This means that it is expected that the Fund will invest in the best issuers from an ESG / SRI perspective (based on the ESG or SRI criteria of the Index) within the relevant sectors of activities covered by the Index. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the Fund. Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index. Your shares will be accumulating shares (i.e. income will be included in their value). The Fund’s base currency is US Dollar. Shares for this Share Class are denominated in Euro. The performance of your shares may be affected by this currency difference. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the Fund’s underlying portfolio currencies. FDIs, including FX forward contracts, will be used for currency hedging purposes. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. The shares are listed on one or more stock exchanges and may be traded in currencies other than their base currency. The performance of your shares may be affected by this currency difference. In normal circumstances, only authorised participants (e.g. select financial institutions) may deal in shares (or interests in shares) directly with the Fund. Other investors can deal in shares (or interests in shares) daily through an intermediary on stock exchange (s) on which the shares are traded. Indicative net asset value is published on relevant stock exchanges websites. For more information on the Fund, Share Class, risks and charges, please see the Fund's prospectus, available on the product pages at www.blackrock.com # Risk and Reward Profile Lower risk Higher risk > Typically lower rewards Typically higher rewards The risk indicator was calculated incorporating simulated historical data and may not be a reliable indication of the future risk profile of the Share Class. The risk category shown is not guaranteed and may change over time. The lowest category does not mean risk free. The Share Class is rated three due to the nature of its investments which include the risks listed below. These factors may impact the value of the Share Class or expose the Share Class to losses. ## - Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. ## - The benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider. Such ESG screening may reduce the potential investment universe and this may adversely affect the value of the Fund’s investments compared to a fund without such screening. Particular risks not adequately captured by the risk indicator include: ## - Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss. ## - Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due. ## - Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. This Fund and its manager, BlackRock Asset Management Ireland Limited, are authorised in Ireland and regulated by the Central Bank of Ireland. > This Key Investor Information is accurate as at 22 August 2025 # Charges The charges are used to pay the costs of running the Share Class, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. *Not applicable to secondary market investors. Investors dealing on a stock exchange will pay fees charged by their stock brokers. Such charges are publicly available on exchanges on which the shares are listed and traded, or can be obtained from stock brokers. *Authorised participants dealing directly with the Fund will pay related transaction costs including, on redemptions, any applicable capital gains tax (CGT) and other taxes on underlying securities. The ongoing charges figure is based on the fixed annualised fee charged to the Share Class in accordance with the Fund’s prospectus. This figure excludes portfolio trade related costs, except costs paid to the depositary and any entry/exit charge paid to an underlying collective investment scheme (if any). ** To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5 % will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges. One-off charges taken before or after you invest Entry Charge None* Exit Charge None* > This is the maximum that might be taken out of your money before it is invested or > before proceeds of your investments are paid out. Charges taken from the Share Class over each year Ongoing Charges 0.10%** Charges taken from the Share Class under certain conditions Performance Fee None # Past Performance Past performance is not a guide to future performance. The chart shows the Share Class's annual performance in EUR for each full calendar year over the period displayed in the chart. It is expressed as a percentage change of the Share Class's net asset value at each year-end. The Fund was launched in 2021. The Share Class was launched in 2021. Performance is shown after deduction of ongoing charges. Any entry/exit charges are excluded from the calculation. † Benchmark:Bloomberg MSCI Global Aggregate and Green Bond ESG SRI Index (USD) Historic performance to 31 December 2024 2020 2021 2022 2023 2024 Fund -14.0 4.5 1.4 Benchmark † -16.4 5.8 -1.8 # Practical Information The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund and the Share Class can be obtained from the latest annual report and half-yearly reports of iShares III plc. These documents are available free of charge in English and certain other languages. These can be found, along with other information, such as details of the key underlying investments of the Share Class and share prices, on the iShares website at www.ishares.com or by calling +44 (0)207 743 2030 or from your broker or financial adviser. Investors should note that the tax legislation that applies to the Fund and Share Class may have an impact on the personal tax position of your investment. The Fund is a sub-fund of iShares III plc, an umbrella structure comprising different sub-funds. The Fund has one or more share classes. This document is specific to the Fund and Share Class stated at the beginning of this document. However, the prospectus, annual and half-yearly reports are prepared for the umbrella. iShares III plc may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Fund's prospectus. The indicative intra-day net asset value of the Share Class is published on relevant stock exchanges websites. Under Irish law, iShares III plc has segregated liability between its sub-funds (i.e. the Fund’s assets will not be used to discharge the liabilities of other sub-funds within iShares III plc). In addition, the Fund's assets are held separately from the assets of other sub-funds. Assets and liabilities specific to a share class would be attributable to only that share class, however there is no segregation of liabilities between share classes under Irish law. Switching of shares between the Fund and other sub-funds within iShares III plc is not available to investors. Only Authorised Participants dealing directly with the Fund may switch shares between share classes of the Fund subject to meeting certain conditions in the Fund's prospectus. The Remuneration Policy of the Management Company, which describes how remuneration and benefits are determined and awarded, and the associated governance arrangements, is available at www.blackrock.com/Remunerationpolicy or on request from the registered office of the Management Company.