Equity

3074 / 83074 / 9074

iShares Core MSCI Taiwan ETF

IMPORTANT: Investment involves risk, including the loss of principal. Investors should refer to the Prospectus and Key Facts Statement of the iShares Core MSCI Taiwan 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 MSCI Taiwan Index.
• The ETF’s exposure is concentrated in the Taiwanese market and a greater portion of its assets may be represented in a single security or group of securities. It may be more susceptible to adverse economic, political, foreign exchange, liquidity, tax, legal or regulatory event affecting the Taiwanese market. The ETF may also subject to risks associated with the social factors, governmental changes, substantial government intervention, policies regarding inward investment and the restrictions on currency repatriation in Taiwan. Commodity market fluctuations and appreciation of the New Taiwan Dollar (“TWD”) may also affect the ETF’s Net Asset Value (“NAV”).
• The majority of underlying investments of the ETF are denominated in TWD, instead of the ETF’s base currency, USD. The ETF’s NAV may be affected unfavorably by fluctuations in the exchange rate between TWD and USD and by any change in exchange rate controls.
• All units will receive distributions in the base currency, USD, only. In the event that a unitholder has no USD account, the unitholder may have to bear (i) the fees and charges associated with the conversion of such dividend distributions from the base currency to HKD, RMB or any other currency; and (ii) the other bank or financial institutional fees and charges associated with the handling of the distribution payment. Unitholders are advised to check with their brokers regarding arrangements for distribution.
• Investors may be subject to additional costs or losses associated with foreign currency fluctuations between the base currency and the HKD or RMB trading currency. Furthermore, RMB is currently not freely convertible and is subject to exchange controls and restrictions.
• The ETF may be subject to tracking error risk, which is the risk that its performance may not track that of the underlying index exactly.
• The units of the ETF are traded on the SEHK. The trading price of the units is subject to market forces and may trade at a substantial premium or discount to the ETF’s NAV, which may also increase due to the differences in trading hours between the Taiwan Stock Exchange and the SEHK. As the Taiwan Stock Exchange may be open when units of the ETF are not priced, the securities’ values in the ETF may change on days when investors cannot trade the units.
• The price of units traded in different counters may deviate significantly. 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 can only trade their units in one counter.
• The Manager may at its discretion pay distributions out of capital, or effectively out of capital, of the ETF. Payment of distributions out of capital or effectively 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 such distributions may result in an immediate reduction of the NAV per unit.
• 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 and disseminated on a delayed basis by Deutsche Borse AG (and displayed on this website by Interactive Data) using the Estimated NAV per unit in the Base Currency multiplied by the WM Reuters 4:00p.m (London time)* FX rate for each trading currency for the previous Dealing Day, as displayed below under “Pricing and Exchange” under the column headed “FX to Base Ccy”. The near real time estimated NAV per unit (i) is updated at 15-second intervals during trading hours of the Stock Exchange of Hong Kong and (ii) does not use a real time exchange rate between the Base Currency and each trading currency.

*Please note 4:00pm (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.
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Performance

Performance

Chart

Performance chart data not available for display.
View Charts & Calendar Year Performance

Distributions

Record Date Ex-Date Payable Date
View full table
  1y 3y 5y 10y Incept.
31.03 12.47 - - 16.22
Benchmark (%)

as of 30-Sep-2020

31.48 12.93 - - 16.70
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
11.52 1.66 13.59 38.14 31.03 42.26 - - 90.06
Benchmark (%)

as of 30-Sep-2020

11.74 1.73 13.63 38.32 31.48 44.03 - - 93.46
Past performance is not a guide to future performance. Investors may not get back the full amount invested.

Performance is calculated based on the calendar year end, NAV-to-NAV with dividend reinvested.

These figures show by how much the iShares Fund increased or decreased in value during the calendar year 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 calendar year to provide performance.

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

Source: BlackRock, MSCI

Key Facts

Key Facts

Net Assets as of 23-Oct-2020 USD 69,256,101
Shares Outstanding as of 23-Oct-2020 3,720,000
Base Currency USD
Inception Date 22-Jun-2016
Exchange Hong Kong Stock Exchange
Asset Class Equity
Domicile Hong Kong
Benchmark Index MSCI TAIWAN 20/35 INDEX
Distribution Frequency Annually
Management Fee 0.30%
Derivative Fund No
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 26-Oct-2020 USD 452.30
Benchmark Ticker NU727318
% Stock as of 22-Oct-2020 99.01%
% Cash and Cash Equivalent as of 22-Oct-2020 0.99%
12m Trailing Yield as of 23-Oct-2020 2.41

Holdings

Holdings

as of 22-Oct-2020
Name Weight (%)
Ticker Name Exchange Weight (%) Price Shares Market Value Sector SEDOL
Total allocation percentages shown in the All Holdings tables may not equal 100% due to rounding.
Holdings are subject to change.

Exposure Breakdowns

Exposure Breakdowns

as of 22-Oct-2020

% of Weight

Type Fund
As a percentage of NAV of the Fund. Based on Global Industry Classification Standard (GICS). Please note this data excludes underlying investments of any exchange traded funds that may be invested by the Fund
Allocations are subject to change.

Participating Dealers

Participating Dealers

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
Merrill Lynch Far East Limited
Nomura International (Hong Kong) 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
3074 XHKG HKD 29-Jun-2016 -0.06 23-Oct-2020 144.28 -0.45 -0.31 23-Oct-2020 144.20 HK0000297777 0.00 0.00 23-Oct-2020 7.75005 4,364.00 - 3074 HK 3074NAV 3074IV 3074SHO BDB7FQ1 3074.HK 100.00
83074 XHKG RMB 29-Jun-2016 -0.62 23-Oct-2020 124.16 -0.42 -0.34 23-Oct-2020 123.40 HK0000297785 -0.45 -0.36 23-Oct-2020 6.66930 3,890.00 800.00 83074 HK 83074NAV 83074IV 83074SHO BDB7FR2 83074.HK 100.00
9074 XHKG USD 29-Jun-2016 -0.47 23-Oct-2020 18.62 -0.06 -0.31 23-Oct-2020 18.53 HK0000297793 -0.07 -0.38 23-Oct-2020 - 10,895.00 1,840.00 9074 HK 9074NAV 9074IV 9074SHO BDB7FS3 9074.HK 100.00
*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