Equity

iShares Japan Index Fund (IE)

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. The Fund may be exposed to finance sector companies, as a service provider or as counterparty for financial contracts. Liquidity in the financial markets has been severely restricted, causing a number of firms to withdrawn from the market, or in some extreme cases, becoming insolvent. This may have an adverse affect on the activities of the fund.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
View full table
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

12.16 14.21 10.26 -4.73 6.96
Benchmark (%)

as of Sep 30, 2020

12.13 14.09 10.20 -4.69 6.91
  1Y 3Y 5Y 10y Incept.
0.34 1.88 5.18 5.87 4.07
Benchmark (%)

as of Oct 31, 2020

0.33 1.84 5.13 5.82 4.00
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-2.27 -1.56 6.91 0.34 5.73 28.71 76.87 88.57
Benchmark (%)

as of Oct 31, 2020

-2.26 -1.60 6.93 0.33 5.63 28.40 76.05 86.78
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Dec 2, 2020 USD 1,966.735
Fund Inception Date Dec 1, 2005
Share Class Inception Date Nov 30, 2004
12m Trailing Yield as of Nov 30, 2020 1.79
Number of Holdings as of Oct 30, 2020 320
Base Currency U.S. Dollar
Asset Class Equity
Morningstar Category Japan Large-Cap Equity
Benchmark Index MSCI Developed - Japan Net Dividends (USD)
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.02%
ISIN IE00B0409979
Bloomberg Ticker BGIJPND
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B040997
Bloomberg Benchmark Ticker NDDUJN
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 1000000
Minimum Subsequent Investment USD 10000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Nov 30, 2020 15.36
3y Beta as of Oct 31, 2020 1.000
5y Volatility - Benchmark as of Nov 30, 2020 13.62
5y Beta as of Oct 31, 2020 0.999

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Nov 1, 2020 A
MSCI ESG Quality Score (0-10) as of Nov 1, 2020 6.62
MSCI ESG Quality Score - Peer Percentile as of Nov 1, 2020 67.34
MSCI ESG % Coverage as of Nov 1, 2020 99.89
Fund Lipper Global Classification as of Nov 1, 2020 Equity Japan
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 1, 2020 84.42
Funds in Peer Group as of Nov 1, 2020 842
All data is from MSCI ESG Fund Ratings as of Nov 1, 2020, based on holdings as of May 31, 2020. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Oct 30, 2020 0.00%
MSCI - UN Global Compact Violators as of Oct 30, 2020 0.11%
MSCI - Nuclear Weapons as of Oct 30, 2020 0.00%
MSCI - Thermal Coal as of Oct 30, 2020 0.00%
MSCI - Civilian Firearms as of Oct 30, 2020 0.05%
MSCI - Oil Sands as of Oct 30, 2020 0.00%
MSCI - Tobacco as of Oct 30, 2020 0.65%

Business Involvement Coverage as of Oct 30, 2020 98.93%
Percentage of Fund not covered as of Oct 30, 2020 1.07%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 3.88% and for Oil Sands 0.14%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for iShares Japan Index Fund (IE), Flex, as of Nov 30, 2020 rated against 930 Japan Large-Cap Equity Funds.

Risk Indicator

Risk Indicator

1
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3
4
5
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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
TOYOTA MOTOR CORP 3.97
SONY CORP 3.01
SOFTBANK GROUP CORP 2.93
KEYENCE CORP 2.37
NINTENDO LTD 1.75
Name Weight (%)
TAKEDA PHARMACEUTICAL LTD 1.40
RECRUIT HOLDINGS LTD 1.39
MITSUBISHI UFJ FINANCIAL GROUP INC 1.38
SHIN ETSU CHEMICAL LTD 1.35
DAIKIN INDUSTRIES LTD 1.33
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Flex USD Daily 16.22 0.03 0.19 16.53 10.94 16.22 IE00B0409979 16.23 -
Inst USD Accumulating 19.87 0.04 0.19 20.10 13.17 19.86 IE00B1W56M32 19.87 -
Flex EUR Daily 20.67 -0.04 -0.19 21.28 15.43 20.66 IE00B39J2X56 20.67 -
Flex USD Accumulating 17.54 0.03 0.19 17.75 11.62 17.54 IE0001199953 17.55 -
D EUR Accumulating 11.88 -0.02 -0.19 12.15 8.72 11.88 IE00BDRK7T12 11.89 -
Inst USD Daily 18.27 0.03 0.19 18.48 12.35 18.26 IE00B1W56N49 18.27 -
Class Flex Acc JPY - 2,173.52 6.21 0.29 2,186.63 1,485.26 2,172.87 IE00BFMHVB17 2,174.17 -
D USD Accumulating 13.31 0.03 0.19 13.46 8.82 13.30 IE00BD0NCS18 13.31 -
Flex EUR Accumulating 18.80 -0.04 -0.19 19.22 13.79 18.79 IE00B8J31C42 18.80 -
Inst EUR Accumulating 21.30 -0.04 -0.19 21.78 15.64 21.29 IE00B6RVWW34 21.31 -

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle
EMEA Beta Instl PM Group
EMEA Beta Instl PM Group

Literature

Literature