iShares Developed World Index Fund (IE)

Equity

iShares Developed World Index Fund (IE)

Overview

Investment Approach

The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the developed world equity markets. The Fund invests so far as possible and practicable in equity securities (e.g. shares) that make up the MSCI World Index, the Fund’s benchmark index. The benchmark index measures the performance of the equity market of the developed markets globally and is a free float-adjusted market capitalisation weighted index. Free float-adjusted means that only shares readily available in the market rather than all of a company’s issued shares are used in calculating the benchmark index. Free float-adjusted market capitalisation is the share price of a company multiplied by the number of shares readily available in the market. As at 01 July 2016, the benchmark index consists of the following 23 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Israel, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States.

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

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. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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Performance

Performance

  From
30-Jun-2015
To
30-Jun-2016		 From
30-Jun-2016
To
30-Jun-2017		 From
30-Jun-2017
To
30-Jun-2018		 From
30-Jun-2018
To
30-Jun-2019		 From
30-Jun-2019
To
30-Jun-2020
Total Return (%) Total return is expressed as the percentage change of an investment over a certain timeframe. It includes the net income earned by the investment in terms of dividends or interest along with any change in the capital value of the investment.

as of 30-Jun-20

14.49 21.95 9.44 10.44 6.02
Benchmark (%) Index: MSCI World Index in Gross GBP<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 30-Jun-20

15.06 22.32 9.90 10.93 6.50

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in GBP, 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

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Share Class and Benchmark performance displayed in GBP. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Source: BlackRock. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product.

Reinvestments

This product does not have any distributions data as of now.
Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Net Assets as of 12-Aug-20 GBP 630,352,308
Net Assets of Fund as of 12-Aug-20 USD 13,146,959,564
Base Currency USD
Share Class Currency GBP
Fund Launch Date 15-Apr-10
Inception Date 16-Apr-12
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. -
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of 31-Jul-20 1596
Asset Class Equity
Morningstar Category Global Large-Cap Blend Equity
Benchmark Index MSCI World Index in Gross GBP
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 0.01%
ISIN IE00B61BMR49
Bloomberg Ticker BGIWGFA
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B61BMR4
Bloomberg Benchmark Ticker MSWRLDGBP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 1000000
Minimum Subsequent Investment GBP 10000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) The MSCI ESG Rating is calculated as a direct mapping of ESG Quality Scores to letter rating categories (e.g. AAA = 8.6-10). The ESG Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC). For further details regarding MSCI's methodology, see footnote 1 at the bottom of the page. as of 01-Aug-20 A
MSCI ESG Quality Score (0-10) The MSCI ESG Quality Score (0 - 10) for funds is calculated using the weighted average of the ESG scores of fund holdings. The Score also considers ESG Rating trend of holdings and the fund exposure to holdings in the laggard category. MSCI rates underlying holdings according to their exposure to 37 industry specific ESG risks and their ability to manage those risks relative to peers. For further details regarding MSCI's methodology, see footnote 1 at the bottom of the page. as of 01-Aug-20 6.62
MSCI ESG Quality Score - Peer Percentile The fund’s ESG Percentile compared to its Lipper peer group. as of 01-Aug-20 47.43
MSCI ESG % Coverage Percentage of a fund's holdings that have MSCI ESG ratings data. For further details regarding MSCI’s methodology, see footnote 1 at the bottom of the page. as of 01-Aug-20 99.53
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 01-Aug-20 Equity Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) The MSCI Weighted Average Carbon Intensity measures a fund's exposure to carbon intensive companies. This figure represents the estimated greenhouse gas emissions per $1 million in sales across the fund’s holdings. This allows for comparisons between funds of different sizes. For further details regarding MSCI's methodology, see footnote 2 at the bottom of the page. as of 01-Aug-20 164.32
Funds in Peer Group The number of funds from the relevant Lipper Global Classification peer group that are also in ESG coverage as of 01-Aug-20 3
All data is from MSCI ESG Fund Ratings as of 01-Aug-20, based on holdings as of 29-Feb-20. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, 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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for iShares Developed World Index Fund (IE), Flex, as of 31-Jul-20 rated against 3131 Global Large-Cap Blend Equity Funds.

Holdings

Holdings

as of 31-Jul-20
Name Weight (%)
APPLE INC 4.24
MICROSOFT CORP 3.38
AMAZON COM INC 3.06
FACEBOOK CLASS A INC 1.39
ALPHABET INC CLASS C 1.04
Name Weight (%)
ALPHABET INC CLASS A 1.02
JOHNSON & JOHNSON 0.88
NESTLE SA 0.79
VISA INC CLASS A 0.74
PROCTER & GAMBLE 0.74
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jul-20

% of Market Value

Type Fund
as of 31-Jul-20

% of Market Value

Type Fund
as of 31-Jul-20

% of Market Value

Type Fund
as of 31-Jul-20

% of Market Value

Type Fund
as of 31-Jul-20

% of Market Value

Type Fund
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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Flex GBP None 27.30 0.43 1.61 27.74 20.51 27.29 IE00B61BMR49 27.32 -
Flex EUR Quarterly 14.59 0.15 1.04 16.22 10.70 14.59 IE00B61MGS68 14.60 -
Flex EUR Quarterly 28.60 0.29 1.04 31.50 20.87 28.59 IE00B61D1398 28.63 -
Class D Hedged GBP - 11.70 0.15 1.34 12.24 8.08 11.70 IE00BGL88775 11.71 -
Inst GBP Quarterly 19.15 0.30 1.61 19.64 14.47 19.15 IE00B62HNT07 19.17 -
Class D USD None 13.44 0.18 1.37 13.55 8.94 13.43 IE00BD0NCN62 13.45 -
Flex Hedged EUR - 11.56 0.15 1.33 11.91 7.97 11.56 IE00BFZPRS19 11.57 -
Flex USD Quarterly 27.13 0.37 1.37 27.33 18.04 27.12 IE00B616R411 27.15 -
Inst GBP None 26.61 0.42 1.61 27.05 20.00 26.60 IE00B62C5H76 26.63 -
Inst EUR Daily 23.03 0.24 1.04 25.60 16.90 23.03 IE00B62NV726 23.05 -
Inst USD Quarterly 21.86 0.30 1.37 22.04 14.54 21.85 IE00B62WG306 21.88 -
Class D EUR None 12.38 0.13 1.04 13.63 9.04 12.38 IE00BD0NCM55 12.39 -
Flex GBP Daily 24.15 0.38 1.61 24.76 18.24 24.14 IE00B6385520 24.16 -
Inst USD Quarterly 18.42 0.25 1.37 18.73 12.31 18.41 IE00B62NX656 18.43 -
Inst Hedged EUR - 11.10 0.15 1.33 11.43 7.65 11.09 IE00BJ023R69 11.11 -
Inst EUR Quarterly 26.27 0.27 1.04 28.95 19.17 26.26 IE00B62WCL09 26.29 -
Flex USD Daily 11.87 0.01 0.09 11.87 9.96 11.87 IE00B630W685 11.88 -
Flex Hedged GBP - 11.54 0.15 1.34 11.96 7.94 11.54 IE00BFZPRR02 11.55 -
Class D GBP None 13.25 0.21 1.61 13.47 9.96 13.25 IE00BD0NCL49 13.26 -

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle
EMEA Beta Instl PM Group
EMEA Beta Instl PM Group

Literature

Literature