Equity

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iShares Core S&P BSE SENSEX India ETF

IMPORTANT: Investment involves risk, including the loss of principal. Investors should refer to the Prospectus and Key Facts Statement of the iShares Core S&P BSE SENSEX India Index ETF (the “ETF”) for details, including the risk factors. Investors should not base investment decisions on this marketing material alone. Investors should note:
• The ETF aims to provide investment results that, before fees and expenses, closely correspond to the performance of the S&P BSE SENSEX Index. The ETF is subject to concentration risk as a result of investing into a single country, India.
• The ETF is subject to tracking error risk, which is the risk that its performance may not track that of the underlying index exactly.
• The ETF may invest up to 15% of the net asset value (“NAV”) in India Access Products ("IAPs") which are derivative instruments linked to an Indian Security issued by third parties ("IAP issuers"); with a maximum exposure to any single issuer of 10% of the NAV. An IAP represents only an obligation of each IAP issuer to provide the economic performance equivalent to holding the underlying Security. The ETF is subject to counterparty risk associated with each IAP issuer and may suffer losses potentially equal to the full value of the IAPs issued by an IAP issuer if such IAP issuer fails to perform its obligations under the IAPs. In the event of any default by IAP issuers, dealing in the units of the ETF may be suspended and the ETF may ultimately be terminated.
• Investments in emerging markets are generally subject to a greater risk of loss than investments in a developed market.
• The ETF’s Base Currency is in USD but has units traded in HKD and RMB (in addition to USD). Investors may be subject to additional costs or losses associated with foreign currency fluctuations between the Base Currency and the USD or HKD trading currency when trading units in the secondary market.
• RMB is currently not freely convertible and is subject to exchange controls and restrictions. Non-RMB based investors are exposed to foreign exchange risk on RMB denominated investments.
• If there is a suspension of the inter-counter transfer of units between the counters and/or any limitation on the level of services provided by brokers and CCASS participants, Unitholders will only be able to trade their units in one counter. The market price of units traded in each counter may deviate significantly.
• The Manager may at its discretion pay dividends out of the capital of the ETF. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the ETF's capital may result in an immediate reduction of the NAV per Unit.
• Trading prices on the SEHK is subject to market forces and may trade at a substantial premium or discount to the NAV.
• The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage.

Overview

Estimated NAV per unit is indicative and for reference purposes only. It is calculated, disseminated on a delayed basis and displayed on this website by ICE Data Services using the estimated Net Asset Value per Unit in USD multiplied by the real time exchange rate provided by ICE Data Services for HKD and RMB (CNH) respectively. The near real time estimated NAV per unit is updated at 15-second intervals during trading hours of the Stock Exchange of Hong Kong.
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Performance

Performance

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Distributions

Ex-Date Payable Date Distribution
View full table
  1y 3y 5y 10y Incept.
2.37 9.48 7.16 9.03 6.11
Benchmark (%)

as of 31-Jul-2022

3.98 11.43 8.71 10.34 7.49
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-6.77 8.30 -2.23 -6.04 2.37 31.23 41.33 137.39 154.35
Benchmark (%)

as of 31-Jul-2022

-6.44 8.34 -1.99 -5.72 3.98 38.36 51.86 167.42 211.94
Note: The base currency of the fund changed from HKD to USD on 1 January 2018. Accordingly, both fund and benchmark performance information, including for the period prior to 1 January 2018, are being shown in USD. Please note that this change impacts information which is displayed on this page before 1 January 2018 and investors should be aware of the display reference currency when using information from other sources. Click here for historical Holdings, NAV, Performance and Distributions information prior to 1 January 2018 displayed in HKD.

Past performance is not a guide to future performance. Investors may not get back the full amount invested.

Performance is calculated based on the period NAV-to-NAV with dividend reinvested.

These figures show by how much the iShares Fund increased or decreased in value during the period being shown. Performance is calculated in the base currency of the iShares Fund, including ongoing charges and taxes, and excluding your trading costs on SEHK.

Please refer to the Key Facts section for the inception date of the iShares Fund.

Where no past performance is shown there was insufficient data available in that period to provide performance.

For purposes of performance comparison, index data disclosed have been converted from the index base currency, INR, into HKD based on the rate per WM/Reuters.

Benchmark performance does not reflect any management fees, transaction costs or expenses.

Source: BlackRock, Asia Index Private Limited, WM/Reuters

Key Facts

Key Facts

Net Assets as of 09-Aug-2022 USD 89,109,404
Shares Outstanding as of 09-Aug-2022 21,000,000
Base Currency U.S. Dollar
Inception Date 31-Oct-2006
Exchange Hong Kong Stock Exchange
Asset Class Equity
Domicile Hong Kong
Benchmark Index S&P BSE SENSEX Index
Distribution Frequency Annually
Management Fee 0.64%
Derivative Fund No
SFC-authorised ESG fund N
For premium / discount information, please refer to the pricing & exchange table below.

For more information regarding the index, please visit here.

Portfolio Characteristics

Portfolio Characteristics

Benchmark Level as of 09-Aug-2022 USD 39,656.38
Benchmark Ticker SPBSSWUT
12m Trailing Yield as of 18-Dec-2020 0.54%

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 21-Jul-2022 A
MSCI ESG % Coverage as of 21-Jul-2022 100.00
MSCI ESG Quality Score (0-10) as of 21-Jul-2022 7.03
MSCI ESG Quality Score - Peer Percentile as of 21-Jul-2022 94.57
Fund Lipper Global Classification as of 21-Jul-2022 Equity India
Funds in Peer Group as of 21-Jul-2022 534
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 21-Jul-2022 451.54
MSCI Weighted Average Carbon Intensity % Coverage as of 21-Jul-2022 99.61
MSCI Implied Temperature Rise (0-3.0+ °C) as of 21-Jul-2022 > 3.0° C
MSCI Implied Temperature Rise % Coverage as of 21-Jul-2022 99.61

What is the Implied Temperature Rise (ITR) metric? Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric.

Climate change is one of the greatest challenges in human history and will have profound implications for investors. To address climate change, many of the world's major countries have signed the Paris Agreement. The temperature goal of the Paris Agreement is to limit global warming to well below 2°C above pre-industrial levels, and ideally 1.5 °C, which will help us avoid the most severe impacts of climate change.


What is the ITR metric?

The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. Scientific consensus suggests that reducing emissions until they reach net zero around mid-century (2050-2070) is how this goal could be met. A net zero emissions economy is one that balances emissions and removals.


How is the ITR metric calculated?

The ITR metric is calculated by looking at the current emissions intensity of companies within the fund's portfolio as well as the potential for those companies to reduce its emissions over time. If emissions in the global economy followed the same trend as the emissions of companies within the fund's portfolio, global temperatures would ultimately rise within this band.


Note, only corporate issuers are covered within the calculation. A summary explanation of MSCI’s methodology and assumptions for its ITR metric can be found here.


Because the ITR metric is calculated in part by considering the potential for a company within the fund’s portfolio to reduce its emissions over time, it is forward-looking and prone to limitations. As a result, BlackRock publishes MSCI’s ITR metric for its funds in temperature range bands. The bands help to underscore the underlying uncertainty in the calculations and the variability of the metric.

Thermometer-style chart of yellow to red temperature bands showing an investment’s position relative to the Paris Agreement temperature goals. Metric data source MSCI

What are the key assumptions and limitations of the ITR metric?

This forward-looking metric is calculated based on a model, which is dependent upon multiple assumptions. Also, there are limitations with the data inputs to the model. Importantly, an ITR metric may vary meaningfully across data providers for a variety of reasons due to methodological choices (e.g., differences in time horizons, the scope(s) of emissions included and portfolio aggregation calculations).

There is not a universally accepted way to calculate an ITR. There is not a universally agreed upon set of inputs for the calculation. At present, availability of input data varies across asset classes and markets. To the extent that data becomes more readily available and more accurate over time, we expect that ITR metric methodologies will evolve and may result in different outputs. Where data is not available, and / or if data changes, the estimation methods vary, particularly those related to a company’s future emissions.


The ITR metric estimates a fund’s alignment with the Paris Agreement temperature goal. However, there is no guarantee that these estimates will be reached. The ITR metric is not a real time estimate and may change over time, therefore it is prone to variance and may not always reflect a current estimate.


The ITR metric is not an indication or estimate of a fund’s performance or risk. Investors should not rely on this metric when making an investment decision and instead should refer to a fund’s prospectus and governing documents. This estimate and the associated information is not intended as a recommendation to invest in any fund, nor is it intended to indicate any correlation between a fund’s ITR metric and its future investment performance.

All data is from MSCI ESG Fund Ratings as of 21-Jul-2022, based on holdings as of 30-Jun-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 08-Aug-2022 3.33%
MSCI - UN Global Compact Violators as of 08-Aug-2022 0.00%
MSCI - Nuclear Weapons as of 08-Aug-2022 0.00%
MSCI - Thermal Coal as of 08-Aug-2022 0.00%
MSCI - Civilian Firearms as of 08-Aug-2022 0.00%
MSCI - Oil Sands as of 08-Aug-2022 0.00%
MSCI - Tobacco as of 08-Aug-2022 4.12%

Business Involvement Coverage as of 08-Aug-2022 100.00%
Percentage of Fund not covered as of 08-Aug-2022 0.00%
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 0.00%.

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.

Holdings

Holdings

as of 09-Aug-2022
Name Weight (%)
As a percentage of NAV of the Fund.

Note: The base currency of the fund changed from HKD to USD on 1 January 2018. Distribution amounts before and after 1 January 2018 are displayed in USD. Click here for historical Holdings, NAV, Performance and Distributions information prior to 1 January 2018 displayed in HKD.
Ticker Name Exchange Weight (%) Price Shares Market Value Notional Value Sector SEDOL
The holdings shown above represent investments held by the Mauritius Subsidiary.

Total allocation percentages shown in the All Holdings tables may not equal 100% due to rounding.

Note: The base currency of the fund changed from HKD to USD on 1 January 2018. Distribution amounts before and after 1 January 2018 are displayed in USD. Click here for historical Holdings, NAV, Performance and Distributions information prior to 1 January 2018 displayed in HKD.
Holdings are subject to change.

There is no IAP Issuers for this fund.

Exposure Breakdowns

Exposure Breakdowns

as of 09-Aug-2022

% of Weight

Type Fund
As a percentage of NAV of the Fund. Based on Global Industry Classification Standard (GICS)

Participating Dealers

Participating Dealers

Barclays Bank PLC
BNP PARIBAS Securities Services
Citigroup Global Markets Asia Limited
China Merchants Securities (HK) Co., Limited
Credit Suisse Securities (Hong Kong) Limited
ABN AMRO Clearing Hong Kong Limited
Goldman Sachs (Asia) Securities Limited
Haitong International Securities Group Limited
The Hongkong and Shanghai Banking Corporation Limited
J.P. Morgan Broking (Hong Kong) Limited
Mirae Asset Securities (HK) Limited
Merrill Lynch Far East Limited
UBS Securities Hong Kong Limited

Exchange

Exchange

Ticker Exchange Currency Listing Date Premium Discount Premium Discount As Of NAV NAV $ Change NAV % Change NAV As Of Closing Price ISIN Closing Price $ Change Closing Price % Change Price As Of FX to Base Ccy 20d Avg Volume Exchange Volume Bloomberg Ticker Bloomberg IOPV Bloomberg INAV Bloomberg Shares Out. SEDOL RIC Trading Board Lot
2836 XHKG Hong Kong Dollar 02-Nov-2006 -0.63 09-Aug-2022 33.31 0.00 0.00 09-Aug-2022 33.04 HK2836036130 -0.06 -0.18 10-Aug-2022 7.84990 50,254.00 10,600.00 2836 HK 2836NAV 2836IV 2836SHO B1GDNZ5 2836.HK 200.00
9836 XHKG U.S. Dollar 14-Oct-2016 -0.55 09-Aug-2022 4.24 0.00 0.00 09-Aug-2022 4.22 HK0000310026 0.00 0.00 10-Aug-2022 - 5,320.00 - 9836 HK 9836NAV 9836IV 9836SHO BD5CRX3 9836.HK 200.00
*FX to Base Ccy - WM Reuters 4:00pm (London time). Please note 4:00p.m (London time) (i) during British Summer Time is equivalent to 11:00pm Hong Kong Time and (ii) otherwise is equivalent to 12:00am Hong Kong Time.

Documents

Documents