Equity

iShares Developed World Index Fund (IE)

  • NAV as of Oct 16, 2017 USD 11.87
    52 WK: 9.96 - 11.87
  • 1 Day NAV Change as of Oct 16, 2017 0.01 (0.09%)

Overview

Investment Approach

The Fund 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 developed world equity markets. The Fund invests so far as possible and practicable in equity securities (e.g. shares) that make up the MSCI World Index, the Fund’s benchmark index. The benchmark index measures the performance of the equity market of the developed markets globally and is a free float-adjusted market capitalisation weighted index. Free float-adjusted means that only shares readily available in the market rather than all of a company’s issued shares are used in calculating the benchmark index. Free float-adjusted market capitalisation is the share price of a company multiplied by the number of shares readily available in the market. As at 01 July 2016, the benchmark index consists of the following 23 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Israel, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States.
Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
Show Less
Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart
Share Class and Benchmark performance displayed in USD. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Past performance is not a guide to future performance.

Distributions

Record Date Ex-Date Payable Date
View full table
Record Date Ex-Date Payable Date Total Distribution

  2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Total Return (%) 18.02
Benchmark (%) 22.40
  From
31-Dec-2012
To
31-Dec-2013		 From
31-Dec-2013
To
31-Dec-2014		 From
31-Dec-2014
To
31-Dec-2015		 From
31-Dec-2015
To
31-Dec-2016		 From
31-Dec-2016
To
31-Dec-2017
Total Return (%)

as of Dec 31, 2017

- - - - 18.02
Benchmark (%)

as of Dec 31, 2017

- - - - 22.40
  1Y 3Y 5Y 10y Incept.
Total Return (%) 15.23 - - - -
Benchmark (%) 25.83 - - - -
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
Total Return (%) 0.00 0.00 0.00 3.99 15.23 - - - -
Benchmark (%) 5.28 5.28 9.02 13.73 25.83 - - - -
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.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in USD hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets as of Oct 16, 2017 USD 59,048,724
Net Assets of Fund as of May 26, 2023 USD 15,080,991,144
Share Class Inception Date Nov 29, 2016
Fund Inception Date Apr 15, 2010
Share Class Currency USD
Base Currency USD
Asset Class Equity
Benchmark Index MSCI World Net TR Index
Index Ticker NDDUWI
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charge 0.01%
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment USD 1000000
Minimum Subsequent Investment USD 10000
Distribution Frequency Daily
Use of Income Distributing
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGIWUFI
ISIN IE00B630W685
SEDOL B630W68

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Apr 28, 2023 1511
12m Trailing Yield as of Nov 30, 2017 1.48%
Standard Deviation (3y) as of - -
3y Beta as of - -
P/E Ratio as of Apr 28, 2023 17.73
P/B Ratio as of Apr 28, 2023 2.77

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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. MSCI Ratings are currently unavailable for this fund.

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 Apr 28, 2023 0.63%
MSCI - UN Global Compact Violators as of Apr 28, 2023 0.53%
MSCI - Nuclear Weapons as of Apr 28, 2023 0.58%
MSCI - Thermal Coal as of Apr 28, 2023 0.30%
MSCI - Civilian Firearms as of Apr 28, 2023 0.16%
MSCI - Oil Sands as of Apr 28, 2023 0.30%
MSCI - Tobacco as of Apr 28, 2023 0.67%
Business Involvement Coverage as of Apr 28, 2023 99.68%
Percentage of Fund not covered as of Apr 28, 2023 0.32%
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 0.84% and for Oil Sands 3.01%.

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

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Apr 28, 2023
Name Weight (%)
APPLE INC 4.97
MICROSOFT CORP 4.01
AMAZON COM INC 1.78
NVIDIA CORP 1.26
ALPHABET INC CLASS A 1.18
Name Weight (%)
ALPHABET INC CLASS C 1.09
META PLATFORMS INC CLASS A 0.99
EXXON MOBIL CORP 0.90
UNITEDHEALTH GROUP INC 0.85
TESLA INC 0.81
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Apr 28, 2023

% of Market Value

Type Fund Benchmark Net
as of Apr 28, 2023

% of Market Value

Type Fund Benchmark Net
as of Apr 28, 2023

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
Flex USD Daily 11.87 0.01 0.09 Oct 16, 2017 11.87 9.96 IE00B630W685 -
Class D Hedged EUR - 9.65 0.11 1.20 May 26, 2023 9.74 8.27 IE000M0KK797 -
Class D Hedged GBP - 14.11 0.17 1.19 May 26, 2023 14.30 12.08 IE00BGL88775 -
Inst GBP Accumulating 34.78 0.39 1.13 May 26, 2023 35.34 30.29 IE00B62C5H76 -
Flex Hedged EUR - 14.20 0.17 1.21 May 26, 2023 14.36 12.17 IE00BFZPRS19 -
Flex GBP Accumulating 35.83 0.40 1.13 May 26, 2023 36.39 31.16 IE00B61BMR49 -
D SGD - 11.35 0.11 1.01 May 26, 2023 11.37 9.92 IE000NNYZMJ7 -
Inst Hedged EUR - 13.55 0.16 1.20 May 26, 2023 13.73 11.63 IE00BJ023R69 -
D EUR Accumulating 16.88 0.22 1.33 May 26, 2023 17.60 14.92 IE00BD0NCM55 -
Flex Hedged GBP - 14.58 0.17 1.19 May 26, 2023 14.62 12.34 IE00BFZPRR02 -
Flex EUR Quarterly 39.10 0.51 1.33 May 26, 2023 40.74 34.53 IE00B61D1398 -
Inst USD Quarterly 26.99 0.30 1.11 May 26, 2023 27.15 22.34 IE00B62WG306 -
Flex EUR Quarterly 18.93 0.25 1.33 May 26, 2023 19.93 16.90 IE00B61MGS68 -
D USD Accumulating 16.61 0.18 1.11 May 26, 2023 16.71 13.75 IE00BD0NCN62 -
Flex USD Quarterly 33.63 0.37 1.12 May 26, 2023 33.84 27.82 IE00B616R411 -
Inst GBP Quarterly 24.09 0.27 1.13 May 26, 2023 24.72 21.19 IE00B62HNT07 -
Inst USD Quarterly 21.89 0.24 1.11 May 26, 2023 22.02 18.24 IE00B62NX656 -
Inst EUR Daily 30.18 0.40 1.33 May 26, 2023 31.79 26.95 IE00B62NV726 -
Flex GBP Daily 30.38 0.34 1.13 May 26, 2023 31.16 26.71 IE00B6385520 -
Inst EUR Quarterly 35.76 0.47 1.33 May 26, 2023 37.29 31.62 IE00B62WCL09 -
D GBP Accumulating 17.34 0.19 1.13 May 26, 2023 17.62 15.10 IE00BD0NCL49 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature