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IE00BLM1CB28

Invesco · IE00BLM1CB28

IE00BLM1CB28 is an exchange-traded fund (ETF) from Invesco, traded under the ticker AT1C (ISIN IE00BLM1CB28). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their…

· Tracks the iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) Index index ?
Equity ?Accumulating ?Physical ?Ireland ?
Mid-range feeReinvests dividendsOwns the shares directlyOtherBroadly spread
Fund size (AUM) ?
€0
Risk level (SRI) ?
3 / 7 · Medium
1-year return ?
-3.3%
Price Return · to 2026-10-23
Yearly fee (TER) ?
0.39%
All-in cost ≈ 0.65%

About this fund

What you own

The iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 105 companies across Other in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.39%Yearly fee (TER)
0.65%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) Index
Replication ?
Physical
Full — buys every share
Recommended holding period
7 years

Performance

96.798.099.3101102202620262026

Growth of CHF100 invested — both lines start at CHF100.

IE00BLM1CB28 Average iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-3.3%
1 year-3.3%
3 years+5.2%
5 years-1.6%

Return, year by year

-11.6
-2.0
+5.8
+5.6
'22'23'24'25
2 of 4 up yearsBest: 2024 +5.8%Worst: 2022 -11.6%Calendar-year total returns, in CHF

How bumpy has it been?

6.9%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-5.4%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.93
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-7.5%
Since inception
Total growth since launch — about -1.5% a year.
+17.9%
Best 12 months
The strongest one-year stretch on record.
-21.8%
Worst 12 months
The weakest one-year stretch on record.
-27.2%
Worst fall on record ?
It has not fully recovered yet.

What's inside

The 10 biggest holdings make up 19.1% of the fund — the rest is spread across roughly 74 more companies.

Top 10 holdings

#CompanyWeight
2Barclays PLC VAR 15/03/752.2%
3Banco Santander SA VAR 01/11/742.2%
5Banco Santander SA VAR 03/09/752.0%
6Deutsche Bank AG VAR 30/04/752.0%
7Lloyds Banking Group PLC VAR 27/06/751.9%
8Westpac Banking Corp/New Zealand VAR 21/03/751.9%
10Credit Agricole SA VAR 23/03/751.8%
11Barclays PLC VAR 15/06/751.8%
13Banco Santander SA VAR 21/02/751.7%
14Credit Agricole SA VAR 23/12/741.7%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
SIXAT1CCHF★ Primary
CHF listings
B3AT1CZCHF
E1AT1CCHFCHF
EPAT1CCHFCHF
ERAT1CCHF
EUAT1CCHFCHF
EZAT1CCHFCHF
L1AT1CZCHF
L3AT1CZCHF
POAT1CZCHF
SEAT1CCHF
X1AT1CCHFCHF
X2AT1CCHFCHF
XAAT1CCHFCHF
XEAT1CCHFCHF
XFAT1CCHFCHF
XGAT1CCHFCHF
XHAT1CCHFCHF
XJAT1CCHFCHF
XLAT1CCHFCHF
XOAT1CCHFCHF
XQAT1CCHFCHF
XSAT1CCHFCHF
XUAT1CCHFCHF
XVAT1CCHFCHF
XWAT1CCHFCHF
XXAT1CCHFCHF
XZAT1CCHFCHF
USD listings
XETRAAT1CUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-10-23 · the fund's own published holdings.

#CompanyWeight
2Barclays PLC VAR 15/03/752.2%
3Banco Santander SA VAR 01/11/742.2%
5Banco Santander SA VAR 03/09/752.0%
6Deutsche Bank AG VAR 30/04/752.0%
7Lloyds Banking Group PLC VAR 27/06/751.9%
8Westpac Banking Corp/New Zealand VAR 21/03/751.9%
10Credit Agricole SA VAR 23/03/751.8%
11Barclays PLC VAR 15/06/751.8%
13Banco Santander SA VAR 21/02/751.7%
14Credit Agricole SA VAR 23/12/741.7%
15Barclays PLC VAR 15/12/741.7%
16Banco Bilbao Vizcaya Argentaria SA VAR 19/12/741.6%
17NatWest Group PLC VAR 30/06/751.6%
18Banco Bilbao Vizcaya Argentaria SA VAR 16/02/751.5%
19Nomura Holdings Inc VAR 15/01/751.5%
20Banco Bilbao Vizcaya Argentaria SA VAR 14/04/751.5%
21Standard Chartered PLC VAR 19/02/751.5%
22Lloyds Banking Group PLC VAR 27/12/741.5%
23Sumitomo Mitsui Financial Group In VAR 05/06/751.5%
24Mizuho Financial Group Inc VAR 15/12/741.5%
25Banco Bilbao Vizcaya Argentaria SA VAR 08/08/751.4%
27Lloyds Banking Group PLC VAR 27/03/751.4%
28Nordea Bank Abp VAR 01/03/751.4%
29Standard Chartered PLC VAR 15/02/751.3%
30HSBC Holdings PLC VAR 22/11/741.3%
31Societe Generale SA VAR 22/05/751.3%
32Nordea Bank Abp VAR 10/11/741.3%
33Mitsubishi UFJ Financial Group Inc VAR 15/01/751.2%
36Standard Chartered PLC VAR 14/07/751.2%
37Nordea Bank Abp VAR 25/03/751.2%
38Societe Generale SA VAR 29/03/751.1%
40Societe Generale SA VAR 18/05/751.1%
41NatWest Group PLC VAR 31/12/741.1%
42Societe Generale SA VAR 14/05/751.1%
43Standard Chartered PLC VAR 08/09/751.1%
44Standard Chartered PLC VAR 16/07/751.1%
46Standard Chartered PLC VAR 08/12/741.0%
47Standard Chartered PLC VAR 14/05/751.0%
48NatWest Group PLC VAR 30/09/751.0%
49Societe Generale SA VAR 06/10/751.0%
51HSBC Holdings PLC VAR 07/09/750.9%
53HSBC Holdings PLC VAR 05/12/740.9%
54Societe Generale SA VAR 21/05/750.8%
55UBS Group AG VAR 13/05/750.8%
57Societe Generale SA VAR 25/09/750.8%
60HSBC Holdings PLC VAR 23/09/750.8%
61Societe Generale SA VAR 15/07/750.7%
63BNP Paribas SA VAR 14/02/750.7%
64BNP Paribas SA VAR 22/08/750.7%
65ING Groep NV VAR 16/11/740.7%
66UBS Group AG VAR 12/08/750.7%
68UBS Group AG VAR 10/03/750.7%
69BNP Paribas SA VAR 27/12/740.6%
71UBS Group AG VAR 05/12/740.6%
73HSBC Holdings PLC VAR 18/11/740.6%
74UBS Group AG VAR 08/07/750.6%
75BNP Paribas SA VAR 17/02/750.6%
76HSBC Holdings PLC VAR 27/08/750.6%
77BNP Paribas SA VAR 17/10/750.6%
78HSBC Holdings PLC VAR 17/06/750.6%
79UBS Group AG VAR 10/08/750.6%
81ING Groep NV VAR 16/05/750.6%
82BNP Paribas SA VAR 12/07/750.6%
85BNP Paribas SA VAR 15/06/750.5%
86HSBC Holdings PLC VAR 24/09/750.5%
87BNP Paribas SA VAR 25/08/750.5%
88HSBC Holdings PLC VAR 11/03/750.5%
89BNP Paribas SA VAR 17/05/750.5%
90UBS Group AG VAR 12/04/750.5%
91BNP Paribas SA VAR 10/03/750.4%
92HSBC Holdings PLC VAR 09/09/750.4%
93BNP Paribas SA VAR 15/05/750.3%
94UBS Group AG VAR 05/02/750.3%
95BNP Paribas SA VAR 16/02/750.3%
96Credit Suisse Group AG 6.25% 18/12/740.0%
97Credit Suisse Group AG 7.5% 11/06/720.0%
98Credit Suisse Group AG 7.5% 17/01/750.0%
99Credit Suisse Group AG 6.375% 21/02/750.0%
100Credit Suisse Group AG 9.75% 23/12/710.0%
101Credit Suisse Group AG 4.5% 03/03/720.0%
102Credit Suisse Group AG 7.25% 12/03/750.0%
103Credit Suisse Group AG 5.25% 11/02/720.0%
104Credit Suisse Group AG 5.1% 24/07/720.0%
105Cash and/or Derivatives-0.3%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 24% of similar ETFs💰 All-in cost cheaper than 7%📈 Higher 1-yr return than 12%📈 Higher 3-yr return than 30%📈 Higher 5-yr return than 17%📊 Behind its category by 13.7% (1-yr) (category average +10.4%)📊 Behind its category by 4.5% (3-yr) (category average +9.7%)📊 Behind its category by 4.0% (5-yr) (category average +2.4%)

Versus the Equity (stocks) · Other · CHF ETFs we track.

Advanced risk

1.31
Sortino (3y) ?
0.96
Calmar (3y) ?
5.1%
Downside deviation ?
50%
Up months (hit rate) ?
CHF 44.90
52-week high ?
CHF 42.46
52-week low ?

Concentration depth

~77 ?
Effective number of holdings

Roughly 105 companies are held, but the largest names carry most of the weight — so it behaves like ~77 equal-sized positions.

Tilt vs a world tracker

United States+30.1
Cash/Other+6.2
Japan-5.1
Taiwan-3.4
United Kingdom-3.1
Canada-2.9

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Other stocks
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Why it's similarThis is the fund on this page.
StocksPhysicalCheaper fee
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StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
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Index trackediBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) IndexTechnology Select Sector IndexFinancial Select Sector IndexHealth Care Select Sector IndexEnergy Select Sector IndexIndustrial Select Sector IndexS&P MidCap 400 Index
Yearly fee (TER)0.39%0.08%0.08%0.08%0.08%0.08%0.23%
All-in cost0.65%0.00%0.00%0.00%0.00%0.00%0.00%
Fund size€0€107.7B€46.2B€41.9B€40.3B€27.1B€23.1B
DomicileIrelandUnited StatesUnited StatesUnited StatesUnited StatesUnited StatesUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+5.2%+30.4%+21.1%+13.3%+14.7%+19.5%+14.9%
5-yr return p.a.-1.6%+18.3%+6.7%+6.2%+18.7%+9.9%+5.3%
# holdings1057780642486401

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Data as of 2026-10-23 · Source: issuer data, compiled by Finance Hamster

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