Equity

iShares North America Equity Index Fund (LU)

Overview

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.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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.

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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 32.80 9.31 37.65 -15.99 22.93
Benchmark (%) 33.17 9.33 37.83 -15.22 22.68

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of Mar 31, 2024

-5.22 46.91 21.81 -10.00 31.36
Benchmark (%)

as of Mar 31, 2024

-5.15 47.30 22.20 -9.60 31.31
  1Y 3Y 5Y 10y Incept.
27.99 11.16 13.58 - 14.48
Benchmark (%) 28.24 11.47 13.84 - 14.77
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
10.11 -2.00 6.07 21.91 27.99 37.35 89.03 - 124.98
Benchmark (%) 10.27 -1.88 6.19 22.00 28.24 38.51 91.21 - 128.33
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 EUR, 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 of Fund as of May 17, 2024 USD 452,938,225
Share Class Inception Date May 2, 2018
Fund Inception Date Oct 23, 2012
Share Class Currency EUR
Base Currency USD
Asset Class Equity
Benchmark Index MSCI North America Net EUR (Custom 4pm LUX)
SFDR Classification Other
Initial Charge 5.00%
Ongoing Charge 0.23%
ISIN LU1811363917
Annual Management Fee 0.15%
Performance Fee 0.00%
Minimum Initial Investment EUR 100000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category US Large-Cap Blend Equity
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGIND2E
SEDOL BFNBHR0

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Apr 30, 2024 691
Standard Deviation (3y) as of Apr 30, 2024 15.15%
3y Beta as of Apr 30, 2024 1.006
P/E Ratio as of Apr 30, 2024 25.17
P/B Ratio as of Apr 30, 2024 4.26

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 30, 2024 0.21%
MSCI - UN Global Compact Violators as of Apr 30, 2024 0.07%
MSCI - Nuclear Weapons as of Apr 30, 2024 0.21%
MSCI - Thermal Coal as of Apr 30, 2024 0.00%
MSCI - Civilian Firearms as of Apr 30, 2024 0.00%
MSCI - Oil Sands as of Apr 30, 2024 0.41%
MSCI - Tobacco as of Apr 30, 2024 0.49%

Business Involvement Coverage as of Apr 30, 2024 99.88%
Percentage of Fund not covered as of Apr 30, 2024 0.12%
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 0.00% and for Oil Sands 2.49%.

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 stars
Overall Morningstar Rating for iShares North America Equity Index Fund (LU), Class D2, as of Apr 30, 2024 rated against 1689 US Large-Cap Blend Equity Funds.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Apr 30, 2024
Name Weight (%)
MICROSOFT CORP 6.04
APPLE INC 5.50
NVIDIA CORP 4.69
AMAZON COM INC 3.58
ALPHABET INC CLASS A 2.12
Name Weight (%)
META PLATFORMS INC CLASS A 2.10
ALPHABET INC CLASS C 1.86
ELI LILLY 1.38
BROADCOM INC 1.27
JPMORGAN CHASE & CO 1.22
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Apr 30, 2024

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2024

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2024

% 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
D2 EUR - 230.31 -0.57 -0.25 May 17, 2024 230.88 178.05 LU1811363917
N7 EUR Semi-Annual 421.03 -1.06 -0.25 May 17, 2024 422.09 328.59 LU0852473445
F2 USD Accumulating 402.85 -1.01 -0.25 May 17, 2024 403.86 310.27 LU0836515808
D2 USD Accumulating 213.77 -0.54 -0.25 May 17, 2024 214.31 164.64 LU1722863641
N2 USD Accumulating 404.27 -1.01 -0.25 May 17, 2024 405.28 311.26 LU0836514405
N2 EUR - 140.83 -0.35 -0.25 May 17, 2024 141.18 108.82 LU2337603828
A2 EUR - 124.12 -0.32 -0.26 May 17, 2024 124.44 96.28 LU2504564845
A2 USD Accumulating 388.81 -0.97 -0.25 May 17, 2024 389.78 300.35 LU0836513001
X2 EUR Accumulating 378.31 -0.95 -0.25 May 17, 2024 379.26 291.94 LU0938202586
X2 USD Accumulating 411.28 -1.03 -0.25 May 17, 2024 412.31 316.19 LU0826450636

Portfolio Managers

Portfolio Managers

Dharma Laloobhai
Dharma Laloobhai

Literature

Literature