Equity

CCF Developed World (ESG Screened) Index Fund

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. The benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider. Investors should therefore make a personal ethical assessment of the benchmark index’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.

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

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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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  2019 2020 2021 2022 2023
Total Return (%) 14.04 24.39 -19.20 22.60
Benchmark (%) 17.55 22.12 -19.50 24.76

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

- 50.87 10.69 -8.20 25.81
Benchmark (%)

as of Mar 31, 2024

- 54.90 9.72 -7.49 25.85
  1Y 3Y 5Y 10y Incept.
25.81 8.53 - - 10.97
Benchmark (%) 25.85 8.50 - - 11.77
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
10.14 3.25 10.14 20.76 25.81 27.85 - - 67.03
Benchmark (%) 9.03 3.10 9.03 21.56 25.85 27.74 - - 73.02
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 Apr 19, 2024 USD 5,064,153,318
Share Class Inception Date Apr 26, 2019
Fund Inception Date Dec 6, 2018
Share Class Currency EUR
Base Currency USD
Asset Class Equity
Benchmark Index MSCI World ex Select Controversies NET Index (USD)
SFDR Classification Article 8
Initial Charge 0.00%
Ongoing Charge 0.03%
ISIN IE00BHZRKG08
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment EUR 25000000
Minimum Subsequent Investment EUR 100
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category Other Equity
Dealing Settlement Trade Date + 2 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BRCDX1H
SEDOL BHZRKG0

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Mar 28, 2024 1381
Standard Deviation (3y) as of Mar 31, 2024 15.97%
3y Beta as of Mar 31, 2024 0.916
P/E Ratio as of Mar 28, 2024 22.10
P/B Ratio as of Mar 28, 2024 3.15

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 Mar 28, 2024 0.00%
MSCI - UN Global Compact Violators as of Mar 28, 2024 0.00%
MSCI - Nuclear Weapons as of Mar 28, 2024 0.00%
MSCI - Thermal Coal as of Mar 28, 2024 0.00%
MSCI - Civilian Firearms as of Mar 28, 2024 0.00%
MSCI - Oil Sands as of Mar 28, 2024 0.00%
MSCI - Tobacco as of Mar 28, 2024 0.00%

Business Involvement Coverage as of Mar 28, 2024 99.74%
Percentage of Fund not covered as of Mar 28, 2024 0.26%
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 0.41% and for Oil Sands 2.27%.

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 Mar 28, 2024
Name Weight (%)
MICROSOFT CORP 4.82
APPLE INC 4.08
NVIDIA CORP 3.62
AMAZON COM INC 2.72
META PLATFORMS INC CLASS A 1.75
Name Weight (%)
ALPHABET INC CLASS A 1.45
ALPHABET INC CLASS C 1.27
ELI LILLY 1.02
BROADCOM INC 0.96
JPMORGAN CHASE & CO 0.94
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 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
Class X1 Hedged EUR - 15.85 -0.13 -0.84 Apr 19, 2024 16.70 13.20 IE00BHZRKG08
Class X0 EUR - 12.03 -0.12 -0.95 Apr 19, 2024 12.56 9.74 IE0009FT4LX4
Class X7 EUR - 15.07 -0.14 -0.94 Apr 19, 2024 15.74 12.15 IE00BMHMW518
Class X8 EUR - 14.84 -0.14 -0.94 Apr 19, 2024 15.49 11.96 IE00BKX8G791
Class X1 USD - 10.31 0.13 1.24 Jan 18, 2019 10.31 9.28 IE00BD24VH44
Class X1 EUR - 19.65 -0.19 -0.94 Apr 19, 2024 20.52 15.84 IE00BDTYPR52

Portfolio Managers

Portfolio Managers

Suzanne Henige
Suzanne Henige
Group Index Equity PM ESG EMEA
Group Index Equity PM ESG EMEA

Literature

Literature