What is UCITS?

UCITS refers to open-ended investment funds that have been authorized pursuant to the EU UCITS Directives. Funds that meet these criteria may take advantage of the UCITS European passport to be marketed throughout the EW on the basis of a single UCITS Authorization from one member state.

Global Investors Looking to UCITS

Global Investors are increasingly looking to the UCITS market when selecting investment vehicles. The growth of the market has given rise to a product range that offers a wide choice of exposures with large fund size and liquidity.

Investors are becoming increasingly aware of the benefits of UCITS ETFs which include:

Read more about the Ebook.

Read more about the Ebook.

Read more about the Ebook.

Read more about the Ebook.

UCITS ETF Desk Reference

Your guide to UCITS investing trends, trading and liquidity, case studies and more.

Go to Ebook

Looking for more?

Use the following resources in your conversations with your clients to implement UCITS into their portfolios.

Why UCITS ETFs? Trading & Liquidity FAQs

The information contained herein is for informational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. An assessment should be made as to whether the information is appropriate for you having regard to your objectives, financial situation and needs. Reliance upon information in this material is at the sole discretion of the reader. Investment implies risk, including the possible loss of principal.

 

There are risks associated with investing, including loss of principal. The value of investments involving exposure to foreign currencies can be affected by exchange rate movements. Investment in emerging market countries may involve heightened risks such as increased volatility and lower trading volume, and may be subject to a greater risk of loss than investments in a developed country. The use of synthetic instruments such as derivatives may create exposure to market counterparty risk. The listing of units of the fund on a stock exchange does not guarantee a liquid market for the units. Transactions in units of the fund will result in brokerage commissions. You are reminded to refer to the relevant prospectus for specific risk considerations which are available from BlackRock or the iShares websites.

 

Past performance is not indicative of future performance and is no guide to future returns. BlackRock does not guarantee the performance of the shares or units of the iShares Funds. Before deciding to invest, investors should read the prospectus carefully including the investment objective and risk factors relating to the fund, including the arrangement in the event the fund is delisted. Index returns are for illustrative purposes only and do not represent actual iShares Fund performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Investors should note that the fund differs from a typical unit trust as units or shares of the Funds are bought and sold at market price (not NAV) and units may only be redeemed by a participating dealer in large creation/ redemption unit sizes. The listing of units of the fund on a stock exchange does not guarantee a liquid market for the units. Indexes are unmanaged and one cannot invest directly in an index. This material contains general information only and is not intended to represent general or specific investment advice. The information does not take into account your financial circumstances. An assessment should be made as to whether the information is appropriate for you having regard to your objectives, financial situation and needs.

 

Regulatory Information
BlackRock Advisors (UK) Limited, which is authorised and regulated by the Financial Conduct Authority (‘FCA’), registered office at 12 Throgmorton Avenue, London, EC2N 2DL, England, Tel +44 (0)20 7743 3000. For your protection, calls are usually recorded. iShares plc, iShares II plc, iShares III plc, iShares IV plc, iShares V plc, iShares VI plc and iShares VII plc (together ‘the Companies’) are open-ended investment companies with variable capital having segregated liability between their funds organised under the laws of Ireland and authorised by the Central Bank of Ireland. The German domiciled funds are “undertakings for collective investment in transferable securities” in conformity with the directives within the meaning of the German Law on the investments. These funds are managed by BlackRock Asset Management Deutschland AG which is authorised and regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht.

 

In Latin America, for institutional investors and financial intermediaries only. This material is for educational purposes only and does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any shares of any fund or security and it is your responsibility to inform yourself of, and to observe, all applicable laws and regulations of your relevant jurisdiction. If any funds are mentioned or inferred in this material, such funds have not been registered with the securities regulators of Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus, may not be publicly offered in any such countries, except for Chile where certain funds have been registered with the Superintendencia de Valores y Seguros for public offering and in Mexico where certain funds have been listed on the Sistema Internacional de Cotizaciones (SIC) exchange of the Bolsa Mexicana de Valores. The securities regulators of any country within Latin America have not confirmed the accuracy of any information contained herein. No information discussed herein can be provided to the general public in Latin America. The contents of this material are strictly confidential and must not be passed to any third party. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. In Chile, the sale of each security not registered with the SVS began on the date as indicated for such fund as described herein and the sale of such securities is subject to General Rule No. 336 issued by the SVS. The subject matter of this sale may include securities not registered with the SVS; therefore, such securities are not subject to the supervision of the SVS. Since the securities are not registered in Chile, there is no obligation of the issuer to make publicly available information about the securities in Chile. The securities shall not be subject to public offering in Chile unless registered with the relevant registry of the SVS. The initial offer dates in Chile of the rest of the funds were as follows: Dec 2011 [DJCOMEX]; Jan 2012 [EXS1, EXSI, EXW1, EXS3, EXSA]; Jan 2013 [EXX5]; Oct 2014 [LQDE, IBCX, IBGS, IHYG, IBC1, IHYU, IEGX, IEMB, IEAC, IEML, IEAG, IEXF, ICOV]; Dec 2014 [CSPX]; Apr 2015 [CPXJ, CNDX, EIMI, IJPA, IWDA, IDBT, IDTP, IDTM, SDIG, SDHY]. As of May 2015, no Chilean clients have invested in the rest of the funds listed in this document. n Colombia, the sale of each Fund is addressed to less than one hundred specifically identified investors, and such Fund may not be promoted or marketed in Colombia or to Colombian residents unless such promotion and marketing is made in compliance with Decree 2555 of 2010 and other applicable rules and regulations related to the promotion of foreign financial and/or securities related products or services in Colombia.  In Mexico, this material is for the sole use of Qualified and Institutional Investors. BlackRock, Inc., and any applicable affiliates thereof, have represented and agreed that it has not and will not publicly distribute this document in Mexico and that it has not offered and will not offer or sell publicly the securities in Mexico. No action has been or will be taken in any jurisdiction that would permit a public offering of the securities or the possession, circulation or distribution of this document or any other material relating to the company or the securities in any jurisdiction where action for that purpose is required.

 

This material has been produced by BlackRock, Inc. for use by Third Party Distributors where they have the appropriate authorization to market the products and use this material. BlackRock, Inc. takes no responsibility for this marketing activity. This material is solely for educational purposes, and does not constitute investment advice, or an offer or solicitation to sell or a solicitation of an offer to buy any shares of any fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of that jurisdiction. This material is restricted to distribution to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act Of 1933, as amended (the “Securities Act”). Any securities described herein may not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities.

This material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, estimates of yields or returns, and proposed or expected portfolio composition. No representation is made that the performance presented will be achieved by any iShares Funds, or that every assumption made in achieving, calculating or presenting either the forward-looking information or the historical performance information herein has been considered or stated in preparing this material. Any changes to assumptions that may have been made in preparing this material could have a material impact on the investment returns that are presented herein by way of example. There is no guarantee that any forecasts made will come to pass. Any investments named within this material may not necessarily be held in any accounts managed by BlackRock. Reliance upon information in this material is at the sole discretion of the reader. They do not necessarily reflect the views of any company in the BlackRock Group or any part thereof and no assurances are made as to their accuracy.

 

The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. Any opinions contained herein reflect our judgment as of date shown on this material and may change as subsequent conditions vary. No part of this material may be reproduced stored in retrieval system or transmitted in any form or by any means, electronic, mechanical, recording or distributed without the prior written consent of BlackRock.

 

iShares Funds are not sponsored, endorsed, issued, sold or promoted by their index providers. For details of the index provider including any disclaimer, please refer to the relevant iShares Fund offer document.

All diagrams are for illustrative purposes only. Reference to the specific products mentioned in this communications is merely for explaining the investment strategy, and should not be construed as investment advice or investment recommendation of those products. The case study examples on pages 34 to 38 are strictly for illustrative purposes only and should not be construed as investment advice. The scenario is based on a firm’s specific request and outcomes are unique based on the firm’s situation. The information provided here may not be representative of other firm’s experiences. Past performance does not guarantee future results.

 

Restricted Investors
This document is not, and under no circumstances is to be construed as an advertisement or any other step in furtherance of a public offering of shares in the United States or Canada. Any and all UCITS funds mentioned herein are not available to investors in the U.S. and this material cannot be construed as an offer of any UCITS fund to any investor in the U.S. This document is not aimed at persons who are resident in the United States, Canada or any province or territory thereof, where the companies/securities are not authorised or registered for distribution and where no prospectus has been filed with any securities commission or regulatory authority. The companies/securities may not be acquired or owned by, or acquired with the assets of, an ERISA Plan.

 

Risk Warnings
Investment in the products mentioned in this document may not be suitable for all investors. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. The price of the investments may go up or down and the investor may not get back the amount invested. Your income is not fixed and may fluctuate. The value of investments involving exposure to foreign currencies can be affected by exchange rate movements. We remind you that the levels and bases of, and reliefs from, taxation can change.

 

BlackRock has not considered the suitability of this investment against your individual needs and risk tolerance. The data displayed provides summary information, investment should be made on the basis of the relevant Prospectus which is available from your Broker, Financial Adviser or BlackRock Advisors (UK) Limited. We recommend you seek independent professional advice prior to investing.

In respect of the products mentioned this document is intended for information purposes only and does not constitute investment advice or an offer to sell or a solicitation of an offer to buy the securities described within. This document may not be distributed without authorisation from the manager.

 

© 2015 BlackRock, Inc. All rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, iSHARES, BUILD ON BLACKROCK, SO WHAT DO I DO WITH MY MONEY and the stylized i logo are registered and unregistered trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners. 004204H-iS-PRD-v01HK_06/15

 

FOR FINANCIAL INTERMEDIARIES AND INSTITUTIONAL INVESTORS ONLY—NOT FOR PUBLIC DISTRIBUTION

 

This document was prepared by BlackRock, Inc. for use by third party intermediaries as authorized under applicable law - BlackRock takes no responsibility for this marketing activity.

LA-1028