Equity

iShares Developed World Index Fund (IE)

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. 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.

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

Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart

Distributions

Record Date Ex-Date Payable Date
View full table

  2018 2019 2020 2021 2022
Total Return (%) 25.68 11.85 23.91 -17.27
Benchmark (%) 27.67 15.90 21.82 -18.14
  From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
Total Return (%)

as of Dec 31, 2022

- 25.68 11.85 23.91 -17.27
Benchmark (%)

as of Dec 31, 2022

- 27.67 15.90 21.82 -18.14
  1Y 3Y 5Y 10y Incept.
-17.27 4.66 - - 8.00
Benchmark (%)

as of Dec 31, 2022

-18.14 4.94 - - 8.73
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-17.27 -5.10 6.73 1.43 -17.27 14.65 - - 37.12
Benchmark (%)

as of Dec 31, 2022

-18.14 -4.25 9.77 2.97 -18.14 15.58 - - 40.96
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

Net Assets as of Feb 3, 2023 GBP 296,488,948
Net Assets of Fund as of Feb 3, 2023 USD 15,040,609,966
Share Class Inception Date Nov 23, 2018
Fund Inception Date Apr 15, 2010
Share Class Currency GBP
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 0.14%
Annual Management Fee 0.13%
Performance Fee 0.00%
Minimum Initial Investment GBP 1000000
Minimum Subsequent Investment GBP 10000
Distribution Frequency -
Use of Income Distributing
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category Other Equity
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker ISDWSHD
ISIN IE00BGL88775
SEDOL BGL8877

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Jan 31, 2023 1510
12m Trailing Yield as of Dec 31, 2022 1.69%
Standard Deviation (3y) as of Dec 31, 2022 19.55%
3y Beta as of Dec 31, 2022 0.939
P/E Ratio as of Jan 31, 2023 17.42
P/B Ratio as of Jan 31, 2023 2.76

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Nov 21, 2022 AA
MSCI ESG % Coverage as of Nov 21, 2022 99.49
MSCI ESG Quality Score (0-10) as of Nov 21, 2022 8.36
MSCI ESG Quality Score - Peer Percentile as of Nov 21, 2022 47.66
Fund Lipper Global Classification as of Nov 21, 2022 Equity Global
Funds in Peer Group as of Nov 21, 2022 5,118
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 21, 2022 137.56
MSCI Weighted Average Carbon Intensity % Coverage as of Nov 21, 2022 99.29
All data is from MSCI ESG Fund Ratings as of Nov 21, 2022, based on holdings as of Jul 31, 2022. 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 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. 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 Jan 31, 2023 0.65%
MSCI - UN Global Compact Violators as of Jan 31, 2023 0.60%
MSCI - Nuclear Weapons as of Jan 31, 2023 0.58%
MSCI - Thermal Coal as of Jan 31, 2023 0.02%
MSCI - Civilian Firearms as of Jan 31, 2023 0.15%
MSCI - Oil Sands as of Jan 31, 2023 0.33%
MSCI - Tobacco as of Jan 31, 2023 0.69%

Business Involvement Coverage as of Jan 31, 2023 99.72%
Percentage of Fund not covered as of Jan 31, 2023 0.28%
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 0.91% and for Oil Sands 3.07%.

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 Jan 31, 2023
Name Weight (%)
APPLE INC 4.34
MICROSOFT CORP 3.28
AMAZON COM INC 1.76
ALPHABET INC CLASS A 1.11
ALPHABET INC CLASS C 1.04
Name Weight (%)
NVIDIA CORP 0.91
EXXON MOBIL CORP 0.91
UNITEDHEALTH GROUP INC 0.88
TESLA INC 0.87
JOHNSON & JOHNSON 0.81
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 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
Class D Hedged GBP - 13.91 -0.07 -0.52 Feb 3, 2023 15.35 12.08 IE00BGL88775 -
Inst GBP Accumulating 35.06 0.21 0.60 Feb 3, 2023 35.33 30.29 IE00B62C5H76 -
D USD Accumulating 16.44 -0.16 -0.94 Feb 3, 2023 17.91 13.75 IE00BD0NCN62 -
Inst USD Quarterly 21.72 -0.21 -0.94 Feb 3, 2023 24.05 18.24 IE00B62NX656 -
Flex EUR Quarterly 18.52 -0.03 -0.18 Feb 3, 2023 19.98 16.90 IE00B61MGS68 -
Flex USD Daily 11.87 0.01 0.09 Oct 16, 2017 11.87 9.96 IE00B630W685 -
Flex Hedged EUR - 14.01 -0.08 -0.54 Feb 3, 2023 15.38 12.17 IE00BFZPRS19 -
Flex GBP Accumulating 36.11 0.21 0.60 Feb 3, 2023 36.36 31.16 IE00B61BMR49 -
Flex Hedged GBP - 14.33 -0.07 -0.52 Feb 3, 2023 15.52 12.34 IE00BFZPRR02 -
Inst EUR Daily 29.54 -0.05 -0.18 Feb 3, 2023 31.86 26.95 IE00B62NV726 -
Flex EUR Quarterly 38.14 -0.07 -0.18 Feb 3, 2023 40.74 34.53 IE00B61D1398 -
Inst USD Quarterly 26.71 -0.25 -0.94 Feb 3, 2023 29.12 22.34 IE00B62WG306 -
Flex GBP Daily 30.71 0.18 0.60 Feb 3, 2023 31.19 26.71 IE00B6385520 -
D GBP Accumulating 17.48 0.10 0.60 Feb 3, 2023 17.61 15.10 IE00BD0NCL49 -
D SGD - 10.96 -0.01 -0.08 Feb 3, 2023 10.96 9.92 IE000NNYZMJ7 -
Inst Hedged EUR - 13.38 -0.07 -0.54 Feb 3, 2023 14.72 11.63 IE00BJ023R69 -
Inst EUR Quarterly 34.90 -0.06 -0.18 Feb 3, 2023 37.29 31.62 IE00B62WCL09 -
D EUR Accumulating 16.47 -0.03 -0.18 Feb 3, 2023 17.60 14.92 IE00BD0NCM55 -
Class D Hedged EUR - 9.52 -0.05 -0.54 Feb 3, 2023 10.04 8.27 IE000M0KK797 -
Inst GBP Quarterly 24.36 0.14 0.60 Feb 3, 2023 24.75 21.19 IE00B62HNT07 -
Flex USD Quarterly 33.27 -0.32 -0.94 Feb 3, 2023 36.21 27.82 IE00B616R411 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature