Global exchange-traded fund - ISHARES PLC ISHARES GLOBAL CORPORATE BOND

UK

ISH GLOBAL CORP rises to test 72.0 15 June, 2018

NEWS BITES - ETF

ISHARES PLC ISHARES GLOBAL CORPORATE BOND (L:CRPS), the 39th largest Exchange Traded Fund by market cap in the United Kingdom, rebounded after hitting a low for the day of GBP71.92 and rose back to test the 72.0 hurdle. The ETF price has increased 39.0 GBX (or 0.5%) from its last trading session of June 14, 2018 to close at GBP72.06, compared with the Morgan Stanley Capital International United Kingdom Index [MSCI UNITED KINGDOM] which fell 207.4 points (1.7%) in the day for a relative price increase of 2.3%. The volume was 0.1 times the average daily trading of 9,011 units.

Price Change %1 Month3 Month6 Month1 Year
CRPS1.42.6-3.9-5.9
MSCI UNITED KINGDOM-1.08.03.95.7

THE PAST YEAR

ISH GLOBAL CORP plummets 6% in past year

ISHARES PLC ISHARES GLOBAL CORPORATE BOND (L:CRPS), plummeted GBP4.55 (or 5.9%) in the past year to close at GBP72.06 today. Compared with the Morgan Stanley Capital International United Kingdom Index which has risen 5.7% over the same period, this is a relative price change of -11.6%.

SECTION 1

ISH GLOBAL CORP BULLISH SIGNALS

1.1 Technicals:

+ The price increased 0.8% in the last week and 1.4% in the last month.

+ Rises to Falls: in the past month the number of rises outnumbered falls 13:8 or 1.6:1.

+ The present value of GBP1,000 (PV1000) invested five years ago in ISH GLOBAL CORP is GBP1,228, including a capital gain of GBP141 and dividend reinvested of GBP87.

+ 5 years Multiplier in GBP = 1.228x

+ Compound Annual Growth Rate (CAGR) in GBP = 4.2%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in ISH GLOBAL CORP is $US1,037, including a capital loss of $US37 and dividend reinvested of $US73.

+ 5 years ago GBP 1 equalled USD 1.5694

+ 5 years Multiplier in USD = 1.037x

+ Compound Annual Growth Rate (CAGR) in USD = 0.7%

1.2 High Performance Indicator:

DescriptionValueRank In Market
Price Change %0.5In Top Quartile

SECTION 2

ISH GLOBAL CORP BEARISH SIGNALS

Technicals:

+ The present value of GBP1,000 (PV1000) invested one year ago in ISH GLOBAL CORP is GBP941, for a capital loss of GBP59.

A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International United Kingdom Index [MSCI UNITED KINGDOM] is shown below:

PV10001-week1-month1-year
CRPS.L1,0081,014941
MSCI World9981,0081,114
MSCI UNITED KINGDOM9949901,064

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 1,232 units worth GBP88,897 (US$117,779) traded today. In the past week, volume was 0.4 times average and the units were up 0.8%.

+ ISH GLOBAL CORP is at a discount of 8.3% to its 12-month high of GBP78.56 on August 24, 2017. It is also at a premium of 5.2% to the 12-month low of GBP68.47 on April 17.

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverGBP88,897 (US$117,779)In 2nd Quartile

3.3 The Best 3 weeks in the past quarter [Relative Price Change or RPC]

Mon-FriChange %MSCI UNITED KINGDOM Change %RPC %Vol Ind [1 is avg]
Apr 30-May 041.30.80.50.6
Apr 23-2711.9-0.80.3
Apr 16-2011.5-0.60.7

3.4 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]

Mon-FriChange %MSCI UNITED KINGDOM Change %RPC %Vol Ind [1 is avg]
Mar 19-23-1.6-3.31.73.5
Mar 12-16-1.6-0.9-0.73.9
Apr 09-13-0.91.2-2.21.9

3.5 Trailing 3 months

TurnoverUS$57 million
Volume615,845
Volume Index (1 is avg)1.0

3.6 Trailing Price Change %

3-Year price change for CRPS was 17.1%. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 20.6% in the 3 years, the relative price change was -3.5%.

Price Change %QuarterYear3 Years
CRPS2.6-5.917.1
MSCI World0.110.620.6

3.7 MCap - Historical Perspective

In the past 5 years Market Capitalization has increased by GBP12.4 million from GBP277.8 million to GBP290.3 million. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 4 out of 5 years.

Close PriceMCap (GBP M)MCap (US$ M)
LastGBP71.67290.3388.6
1 Year agoGBP76.94311.6394.4
2 Years agoGBP68.93279.2398
3 Years agoGBP61.55249.3386.3
4 Years agoGBP60.31253.3426.9
5 Years agoGBP63.14277.8436.1

3.8 Year-on-Year Comparison (Trailing year - ended 31 May)

In the past 5 years, CRPS has jumped 10.3% from 65.48 to 72.24, an average annual compound rise of 2.0%.

201820172016201520142013
Close72.2475.5565.8963.2461.2665.48
% Price Change-4.414.74.23.2-6.4
Avg Daily Volume8,8909,1174,2854,3421,649952
VWP73.0476.0963.4663.2361.5564.77
Turnover Period1 yr 10 mo1 yr 10 mo4 yrs 7 mo4 yrs 11 mo20 yrs 44 d33 yrs 7 mo
Price Range68.47 - 78.5639.34 - 80.7460.29 - 69.0159.83 - 66.6459.78 - 65.4361.85 - 67.91

In the past 5 years average daily volume has jumped 833.8% from 952 units to 8,890 units. Turnover period has decreased from 33 years 7 months to 1 year 10 months.

SECTION 4

RANKING

4.1 Global Rank out of 5,525 ETFs

The present value of $US1,000 invested a year ago is $US978, ranking it 3897 out of 5,525 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 28.

DescriptionValueRankQuartile
Net Assets (US$)1.8B438Top
Rel Strength 6 Mo (US$)283951Third
PV$1000 (1Year) US$*9783897Third

* 1 year ago GBP 1 equalled USD 1.2739

Jun 15, 2018: GBP 1 equals USD 1.3249

4.2 Rank in the Total United Kingdom ETF Market [out of 552 ETFs]

DescriptionValueRank
Rel Strength 6 Mon (GBP)40333
PV1000-1Year (GBP)941312

SECTION 5

PROFILE

5.1 Description

iShares Global Corporate Bond UCITS ETF is an open-end, UCITS compliant exchange traded fund incorporated in Ireland. The Fund aims to track the performance of the Barclays Global Aggregate Corporate Bond Index. The fund distributes income received to shareholders.

5.2 SNAPSHOT

ISHARES PLC ISHARES GLOBAL CORPORATE BOND (L:CRPS)

ISIN: IE00B7J7TB45

Inception DateSeptember 25, 2012
Expense Ratio0.2% of average net assets
CategoryCorporate-Fixed Income
Asset ClassFixed Income ETF

5.3 ETF Summary

LastGBP71.67
Volume9,863
Volume Index (1 is avg)1.1
Market CapGBP290.3 million [US$388.6 million]
Day's Range71.24 - 71.88
52-Week Range68.47 - 78.56
Units Outstanding4,050,000
Relative Strength (3 mo)51

5.4 Management Fees

+ The management fee is 0.2% of total assets

CRPS.L

Source: www.BuySellSignals.com