Real Estate

iShares Developed Real Estate Index Fund (IE)

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.

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 fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. The Fund may be exposed to finance sector companies, as a service provider or as counterparty for financial contracts. Liquidity in the financial markets has been severely restricted, causing a number of firms to withdrawn from the market, or in some extreme cases, becoming insolvent. This may have an adverse affect on the activities of the fund. The Fund uses derivatives as part of its investment strategy. Compared to a fund which only invests in traditional instruments such as stocks and bonds, derivatives are potentially subject to a higher level of risk.
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Performance

Performance

Chart

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Distributions

Ex-Date Total Distribution
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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 30.6 10.3 7.1 -3.0 -1.0 24.2 -16.5 35.7 -20.3 5.9
Benchmark (%) 31.0 10.5 7.2 -3.1 -0.9 24.2 -16.6 35.7 -20.2 6.0

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  From
30-Sept-2019
To
30-Sept-2020
From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

-23.98 31.20 -8.71 -6.00 22.22
Benchmark (%)

as of 30/Sept/2024

-24.03 31.17 -8.63 -5.95 22.25
  1y 3y 5y 10y Incept.
22.22 1.60 0.90 5.31 5.62
Benchmark (%) 22.25 1.66 0.92 5.36 5.69
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
10.62 2.16 11.43 9.55 22.22 4.88 4.61 67.76 94.21
Benchmark (%) 10.63 2.17 11.46 9.58 22.25 5.05 4.68 68.58 95.74

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in EUR, 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

Key Facts

Key Facts

Net Assets
as of 14/Oct/2024
EUR 407,530,703
Share Class launch date
08/Aug/2012
Share Class Currency
EUR
Asset Class
Real Estate
SFDR Classification
Other
Ongoing Charges Figures
0.22%
ISIN
IE00B7F1RC73
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Property - Indirect Global
Dealing Frequency
Daily, forward pricing basis
SEDOL
B7F1RC7
Net Assets of Fund
as of 14/Oct/2024
USD 2,024,878,036
Fund Launch Date
08/Aug/2012
Fund Base Currency
USD
Benchmark Index
FTSE EPRA/Nareit Developed Index
Initial Charge
0.00%
Management Fee
0.20
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRREEII

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Sept/2024
362
Standard Deviation (3y)
as of 30/Sept/2024
16.92%
P/CF Ratio
as of 30/Sept/2024
15.97
12 Month Trailing Dividend Distribution Yield
as of 30/Sept/2024
2.85
3y Beta
as of 30/Sept/2024
1.001
P/B Ratio
as of 30/Sept/2024
1.53

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for iShares Developed Real Estate Index Fund (IE), Inst, as of 30/Sept/2024 rated against 597 Property - Indirect Global Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective 30/Jan/2024)
Analyst-Driven % as of 30/Jan/2024
100.00
Data Coverage % as of 30/Jan/2024
100.00

Holdings

Holdings

as of 30/Sept/2024
Name Weight (%)
PROLOGIS REIT INC 6.13
EQUINIX REIT INC 4.42
WELLTOWER INC 4.05
PUBLIC STORAGE REIT 3.02
REALTY INCOME REIT CORP 2.89
Name Weight (%)
SIMON PROPERTY GROUP REIT INC 2.87
DIGITAL REALTY TRUST REIT INC 2.74
GOODMAN GROUP UNITS 2.51
EXTRA SPACE STORAGE REIT INC 1.98
VICI PPTYS INC 1.82
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30/Sept/2024

% of Market Value

Type Fund Benchmark Net
as of 30/Sept/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Aug/2016

% of Market Value

Type Fund Benchmark Net
as of 30/Sept/2024

% of Market Value

Type Fund Benchmark Net
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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Inst EUR 13.78 0.07 0.49 14/Oct/2024 13.97 10.98 IE00B7F1RC73
Class D GBP 10.31 0.04 0.37 14/Oct/2024 10.54 8.56 IE00BFWVNS42
Class D EUR 12.76 0.06 0.50 14/Oct/2024 12.94 9.85 IE00BDRK7P73
Flex Hedged CHF 12.75 0.10 0.75 23/Sept/2024 12.78 10.00 IE000V5L2NZ3
Class D Acc USD 11.30 0.03 0.23 14/Oct/2024 11.67 9.48 IE000LUZEWK5
Class D Acc Hedged GBP 11.89 0.04 0.33 14/Oct/2024 12.17 8.99 IE0004XHEGT6
Class S GBP 11.00 0.04 0.37 14/Oct/2024 11.24 9.96 IE0004QCXJQ1
Inst USD 13.94 0.03 0.23 14/Oct/2024 14.39 10.44 IE00B89M2V73
Flex EUR 19.63 0.10 0.50 14/Oct/2024 19.90 15.13 IE00B801LT45
Class Institutional GBP 10.65 0.04 0.37 14/Oct/2024 10.89 9.37 IE0005D0XZS2
Class D GBP 10.94 0.04 0.37 14/Oct/2024 11.19 8.80 IE000NGHY476
Inst USD 38.98 0.09 0.23 14/Oct/2024 40.24 30.12 IE00B7W1N443
Class S GBP 10.94 0.04 0.37 14/Oct/2024 11.18 9.96 IE0006WLE232
Class D Hedged GBP 11.37 0.04 0.33 14/Oct/2024 11.64 8.87 IE00BKPWSS48
Flex GBP 16.04 -0.04 -0.25 19/Jan/2021 19.44 12.45 IE00B77JTS94
Inst EUR 18.93 0.09 0.49 14/Oct/2024 19.19 14.62 IE00B83YJG36
Flex USD 16.28 0.04 0.23 14/Oct/2024 16.80 12.17 IE00B83ZLT36

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle

Literature

Literature