Equity

IESZ

iShares Edge MSCI Europe Size Factor UCITS ETF

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. ETFs trade on exchanges like stocks and are bought and sold at market prices which may be different to the net asset values of the ETFs. This fund tracks an index with a factor focus which is less diversified than its parent index and will be more exposed to factor related market movements. Investors should consider this fund as part of a broader investment strategy.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company.
Loading

Performance

Performance

Chart

Performance chart data not available for display.
View full chart

Reinvestments

This product does not have any distributions data as of now.
  From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
Total Return (%)

as of 30.Sep.2021

17.52 2.86 0.59 -5.04 31.38
Benchmark (%)

as of 30.Sep.2021

17.59 2.79 0.39 -5.03 31.32
  1y 3y 5y 10y Incept.
40.77 11.70 9.83 - 8.15
Benchmark (%)

as of 31.Oct.2021

40.65 11.61 9.77 - 8.12
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
17.95 3.40 0.44 6.94 40.77 39.38 59.82 - 70.18
Benchmark (%)

as of 31.Oct.2021

17.80 3.39 0.45 6.84 40.65 39.05 59.38 - 69.89
  2016 2017 2018 2019 2020
Total Return (%) 1.94 13.69 -13.16 27.05 1.43
Benchmark (%) 2.10 13.72 -13.24 26.82 1.49

Key Facts

Key Facts

Net Assets as of 26.Nov.2021 EUR 29,380,788
Fund Base Currency EUR
Share Class launch date 16.Jan.2015
Asset Class Equity
Total Expense Ratio 0.25%
Ongoing Charges Figures 0.25%
Product Structure Physical
Methodology Optimised
Domicile Ireland
UCITS Compliant Yes
Benchmark Index MSCI Europe Mid-Cap Equal Weighted Index
SFDR Classification Other
Distribution Frequency None
Securities Lending Return as of 30.Sep.2021 0.04 %
ISA Eligibility Yes
SIPP Available Yes
UK Distributor/Reporting Status No/Yes
Rebalance Frequency Semi-Annual
ISIN IE00BQN1KC32
Bloomberg Ticker IESZ IM
Issuing Company iShares IV plc
Fund Manager BlackRock Asset Management Ireland Limited
Administrator State Street Fund Services (Ireland) Limited
Custodian State Street Custodial Services (Ireland) Limited
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding as of 26.Nov.2021 3,500,000
Number of Holdings as of 25.Nov.2021 233
Benchmark Level as of 26.Nov.2021 EUR 4,010.71
Benchmark Ticker M7EUMEW
Distribution Yield as of - -
Fiscal Year End 31 May
P/E Ratio as of 25.Nov.2021 20.35
P/B Ratio as of 25.Nov.2021 2.02
3y Beta as of 31.Oct.2021 1.004
Standard Deviation (3y) as of 31.Oct.2021 19.52%

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, 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 ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 05.Nov.2021 AAA
MSCI ESG Quality Score (0-10) as of 05.Nov.2021 8.80
MSCI ESG Quality Score - Peer Percentile as of 05.Nov.2021 76.06
MSCI ESG % Coverage as of 05.Nov.2021 99.55
Fund Lipper Global Classification as of 05.Nov.2021 Equity Europe
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 05.Nov.2021 146.90
Funds in Peer Group as of 05.Nov.2021 1,090
All data is from MSCI ESG Fund Ratings as of 05.Nov.2021, based on holdings as of 30.Sep.2021. 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 covered 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 25.Nov.2021 0.00%
MSCI - UN Global Compact Violators as of 25.Nov.2021 0.00%
MSCI - Nuclear Weapons as of 25.Nov.2021 0.38%
MSCI - Thermal Coal as of 25.Nov.2021 0.00%
MSCI - Civilian Firearms as of 25.Nov.2021 0.00%
MSCI - Oil Sands as of 25.Nov.2021 0.00%
MSCI - Tobacco as of 25.Nov.2021 0.36%

Business Involvement Coverage as of 25.Nov.2021 99.72%
Percentage of Fund not covered as of 25.Nov.2021 0.28%
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 0.36% 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.

Registered Locations

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Liechtenstein

  • Luxembourg

  • Netherlands

  • Norway

  • Portugal

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 25.Nov.2021
Ticker ISIN Name Sector Location Asset Class Nominal Market Value Weight (%) Price Exchange Market Currency Notional Value
Issuer Ticker Name Asset Class Weight (%) Price Nominal Market Value Notional Value Sector ISIN Exchange Location Market Currency
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 25.Nov.2021

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business. Bonds are included in US bond indices when the securities are denominated in U.S. dollars regardless of the domicile of the issuer. 
as of 25.Nov.2021

% of Market Value

Type Fund
Allocations are subject to change.

Securities Lending

Securities Lending

Securities lending is an established and well regulated activity in the investment management industry. It involves the transfer of securities (such as shares or bonds) from a Lender (in this case, the iShares fund) to a third-party (the Borrower). The Borrower will give the Lender collateral (the Borrower’s pledge) in the form of shares, bonds or cash, and will also pay the Lender a fee. This fee provides additional income for the fund and thus can help to reduce the total cost of ownership of an ETF.

 

At BlackRock, securities lending is a core investment management function with dedicated trading, research and technology capabilities. The lending programme is designed to deliver superior absolute returns to clients, whilst maintaining a low risk profile. Funds participating in securities lending retain 62.5% of the income, while BlackRock receives 37.5% of the income and covers all the operational costs resulting from securities lending transactions.

  From
30-Sep-2020
To
30-Sep-2021
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2016
To
30-Sep-2017
Securities Lending Return (%) 0.04 0.06 0.08 0.03 0.01
Average on-loan (% of AUM) 14.78 17.30 17.87 6.26 1.01
Maximum on-loan (% of AUM) 19.77 20.00 20.00 18.04 2.45
Collateralisation (% of Loan) 111.82 111.75 110.54 109.68 110.39
The above table summarises the lending data available for the fund.

The information in the Lending Summary table will not be displayed for the funds that have participated in securities lending for less than 12 months. The figures shown relate to past performance. Past performance is not a reliable indication of current or future results.
BlackRock’s policy is to disclose performance information quarterly subject to a one-month delay. This means that returns from 01/01/2019 to 31/12/2019 can be publicly disclosed from 01/02/2020.

Maximum on-loan figure may increase or decrease over time.

With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.
as of 25.Nov.2021
Name Ticker ISIN SEDOL Exchange Location Asset Class Weight %
Collateral Holdings shown on this page are provided on days where the fund participating in securities lending had an open loan.

The information in the Collateral Holdings table relates to securities obtained in the collateral basket under the securities lending programme for the fund in question. The information contained in this material is derived from proprietary and non-proprietary sources deemed by BlackRock to be reliable, is not necessarily all inclusive and is not guaranteed as to accuracy. Reliance upon information in this material is at the sole discretion of the reader. The primary risk in securities lending is that a borrower will default on their commitment to return lent securities while the value of the liquidated collateral does not exceed the cost of repurchasing the securities and the fund suffers a loss in respect of the short-fall.

The below table shows the Loan/Collateral Combinations and Collateral Levels for our European Lending funds.

Collateral Types
Loan Type Equities Government, Supranational and Agency Bonds Cash (Not for Reinvestment)
Equities 105%-112% 105%-106% 105%-108%
Government Bonds 110%-112% 102.5%-106% 102.5%-105%
Corporate Bonds 110%-112% 104%-106% 103.5%-105%

We also accept selected physically replicating Equity, Government Bond, Credit and Commodity ETFs as collateral.

Collateral parameters depend on the collateral and the loan combination, and the over collateralisation level may range from 102.5% to 112%. In this context, “Over Collateralisation” means that the aggregate market value of collateral taken will exceed the overall on-loan value. Collateral parameters are reviewed on an ongoing bases and are subject to change.
With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
Borsa Italiana IESZ EUR 16.Feb.2015 BVDPH96 IESZ IM IESZ.MI - - IE00BQN1KC32 - - - -
Deutsche Boerse Xetra CEMT EUR 20.Jan.2015 BVJDPB2 CEMT GY CEMT.DE - - IE00BQN1KC32 A12DPQ - - -
London Stock Exchange IEFS GBP 19.Jan.2015 BQN1KB2 IEFS LN IEFS.L INAVESZG 0J15INAV.DE IE00BQN1KC32 - - - -
Bolsa Mexicana De Valores CEMT MXN 23.Feb.2018 - - - - - IE00BQN1KC32 - - - -
SIX Swiss Exchange IESZ EUR 27.Feb.2015 BVYJ441 IESZ SW IESZ.S - - IE00BQN1KC32 - 26682598 - -

Literature

Literature

 
Please access the document library in order to find the KID/KIID in local language.