iShares Core

Sometimes a complex world needs a simple solution

Building blocks for the heart of a portfolio

iShares Core is a series of five low-cost, high quality funds designed to provide a simple way to construct diversified and robust portfolios.

It provides broad market exposure at less than 1/6th of the average cost of Australian managed funds1, with building blocks across markets and asset classes including: Australian equities, international equities (hedged and unhedged), Australian fixed income and international fixed income (hedged).

Whether you want to build a portfolio from scratch or complement an existing one, iShares Core can help you deliver better portfolio outcomes.

Leading expertise at low cost

iShares Core helps you deliver high quality portfolios while keeping costs low.

Low fees - ranging from 0.15% p.a. to 0.26% p.a.*, iShares Core helps you keep more of what you earn.

High quality - iShares provides high quality solutions, leveraging the portfolio management expertise of BlackRock and its industry-leading risk management platform.

Roll over to see what iShares Core is made of:

Australian equities For just 0.15% p.a., the iShares Core S&P/ASX 200 ETF, IOZ provides the lowest cost2 access to the most widely tracked benchmark of Australian shares with deep liquidity and quarterly, franked distributions.

International equities The iShares Core MSCI World All Cap ETF, IWLD, gives you access to 99% of investable international developed markets for just 0.16% p.a., the lowest cost exposure to global shares on the ASX.2

International equities (Currency hedged) The iShares Core MSCI World All Cap ETF, IWLD, gives you access to 99% of the free-float adjusted market capitalisation of investable international developed markets for just 0.16% p.a., the lowest cost exposure to global shares on the ASX.2

Australian fixed income Fixed income is an essential component of a well-balanced portfolio, assisting with diversification and income generation. With just one trade on the ASX, the iShares Core Composite Bond ETF, IAF, provides liquid exposure to an index of investment grade securities representing the Australian bond market.

International fixed income (hedged) Australian investors can access global investment grade corporate bonds with the iShares Core Global Corporate Bond (AUD Hedged) ETF, IHCB. With the most cost-effective access to this exposure on the ASX, 2 you can seek to earn a consistent yield while benefiting from the lower credit risk of leading global companies.

Exposure Ticker Fees* (%)
Australian equities IOZ 0.15%
International equities IWLD 0.16%
International equities (currency hedged) IHWL 0.19%
Australian fixed income IAF 0.20%
International fixed income (currency hedged) IHCB 0.26%

* Management fee as a percentage of a fund’s net asset value. Subject to change.

A simple way to start building

Using iShares Core ETFs, we have constructed iShares Core Model Portfolios to provide you with a simple, low-cost way to build a strong foundation for your portfolio.

iShares Core Model Portfolios consist of five diversified models that are expertly designed for a range of needs and risk preferences.

iShares model portfolios diagram

The iShares Core Model Portfolios are updated semi-annually, helping you to rebalance your exposures to ensure that they stay consistently aligned to the original strategic asset allocation and investment objectives.

Easy to buy - with just a few trades on the ASX, you can construct a well-diversified long-term portfolio with exposure to Australian and international equities and fixed income securities.

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More Info

Learn more about ETFs and how you can use them to strengthen portfolios.

Why iShares?

Bringing you more than a decade of ETF innovation and expertise, iShares has the largest range of ETFs on the ASX.3

iShares has delivered strong performance through tight tracking, deep liquidity, and institutional-quality indices.

Built on the expertise of BlackRock, trusted to manage more money than any other investment firm in the world.4

1: Source: Morningstar, Bloomberg, as of 31 March 2016. Comparison is between the average management fee (or indirect cost ratio) of the iShares Core ETF range (0.19%) and the average indirect cost ratio of the Morningstar Australian Investment Trust universe (1.42% excluding outliers to provide a more conservative measure). The Morningstar Australian Investment Trust universe is comprised of over 2,800 open-ended funds, including Unit Trusts, Superannuation Funds, Allocated Pensions and Term Allocated Pensions. Management fee / indirect cost ratio is quoted as a percentage of annual average net assets.
2: Source: ASX, as at 28 April 2016.
3: Source: ASX, based on 33 ETFs listed on the Australian Securities Exchange as at 28 April 2016.
4: Based on US $4.737 trillion in assets under management as of 31 March 2016.


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This website provides general information only and has not been prepared having regard to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. Any potential investor should consider the latest product disclosure statement or prospectus in deciding whether to acquire, or to continue to hold, an investment in any BlackRock fund. 

This website is not a securities recommendation nor is it an offer or solicitation with respect to the purchase or sale of any securities in any jurisdiction.

BlackRock Australia is the responsible entity and issuer of units in the Australian domiciled iShares ETFs referred to on this website.  BlackRock Australia is the local agent and intermediary for non-Australian domiciled iShares ETFs referred to on this website that are issued by iShares, Inc. ARBN 125632 279 formed in Maryland, USA; and iShares Trust ARBN 125 632 411 organised in Delaware, USA (International iShares ETFs).  BlackRock Fund Advisors (BFA) serves as an advisor to the International iShares ETFs, which are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940. BFA is a subsidiary of BlackRock Institutional Trust Company, N.A. (BTC). BTC is a wholly-owned subsidiary of BlackRock, Inc.®.

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