Equity

iShares Europe Equity Index Fund (LU)

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.

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.

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

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Performance

Performance

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Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 8 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) -5.6 -2.1 -1.4 25.5 -14.5 23.7 5.7 15.9
Benchmark (%) -6.0 -2.7 -0.8 25.6 -14.8 23.7 5.7 15.7
  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
From
30-Sep-2021
To
30-Sep-2022
Total Return (%)

as of 30-Sep-22

0.25 -0.47 -0.51 27.01 -24.93
Benchmark (%)

as of 30-Sep-22

-0.02 -0.55 -0.50 26.86 -25.10
  1y 3y 5y 10y Incept.
-9.96 3.06 2.46 - 3.74
Benchmark (%) -10.12 2.94 2.32 - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-13.93 12.30 9.63 -2.66 -9.96 9.45 12.92 - 40.66
Benchmark (%) -14.09 12.30 9.61 -2.64 -10.12 9.09 12.14 - -

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 USD, hedged Share Class Benchmark performance is displayed in EUR.

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 of Fund as of 08-Dec-22 EUR 215,580,636
Share Class launch date 14-Aug-13
Fund Launch Date 23-Oct-12
Share Class Currency USD
Fund Base Currency EUR
Asset Class Equity
Benchmark Index MSCI EUROPE Net ( custom 4pm LUX ) in USD
Index Ticker -
SFDR Classification Other
Initial Charge 5.00%
Ongoing Charges Figures 0.20%
Annual Management Fee 0.15%
Performance Fee 0.00%
Minimum Initial Investment USD 50,000,000.00
Minimum Subsequent Investment USD 1,000.00
Distribution Frequency Semi-Annual
Use of Income Distributing
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category Europe Large-Cap Blend Equity
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGIEEN7
ISIN LU0960941838
SEDOL BCZQ608

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 30-Nov-22 429
12m Trailing Yield as of 30-Nov-22 2.75
Standard Deviation (3y) as of 30-Nov-22 23.19%
3y Beta as of 30-Nov-22 0.999
P/E Ratio as of 30-Nov-22 13.51
P/B Ratio as of 30-Nov-22 1.90

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of 21-Sep-22 AAA
MSCI ESG % Coverage as of 21-Sep-22 99.00
MSCI ESG Quality Score (0-10) as of 21-Sep-22 9.28
MSCI ESG Quality Score - Peer Percentile as of 21-Sep-22 61.48
Fund Lipper Global Classification as of 21-Sep-22 Equity Europe
Funds in Peer Group as of 21-Sep-22 1,080
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 21-Sep-22 117.53
MSCI Weighted Average Carbon Intensity % Coverage as of 21-Sep-22 98.60
All data is from MSCI ESG Fund Ratings as of 21-Sep-22, based on holdings as of 30-Apr-22. 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 with ESG coverage 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 30-Nov-22 0.00%
MSCI - UN Global Compact Violators as of 30-Nov-22 1.16%
MSCI - Nuclear Weapons as of 30-Nov-22 0.76%
MSCI - Thermal Coal as of 30-Nov-22 0.00%
MSCI - Civilian Firearms as of 30-Nov-22 0.73%
MSCI - Oil Sands as of 30-Nov-22 0.00%
MSCI - Tobacco as of 30-Nov-22 1.18%

Business Involvement Coverage as of 30-Nov-22 99.82%
Percentage of Fund not covered as of 30-Nov-22 0.18%
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 0.71% and for Oil Sands 5.18%.

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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for iShares Europe Equity Index Fund (LU), Class N7, as of 30-Nov-22 rated against 1667 Europe Large-Cap Blend Equity Funds.

Holdings

Holdings

as of 30-Nov-22
Name Weight (%)
NESTLE SA 3.52
ASML HOLDING NV 2.55
ROCHE HOLDING PAR AG 2.46
SHELL PLC 2.30
LVMH 2.27
Name Weight (%)
ASTRAZENECA PLC 2.24
NOVO NORDISK CLASS B 2.20
NOVARTIS AG 2.06
TOTALENERGIES 1.68
UNILEVER PLC 1.36
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Nov-22

% of Market Value

Type Fund Benchmark Net
as of 30-Nov-22

% of Market Value

Type Fund Benchmark Net
as of 30-Nov-22

% 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 Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
Class N7 USD Semi-Annual 169.78 -0.14 -0.08 08-Dec-22 205.23 137.51 LU0960941838 -
Class X2 EUR None 212.59 -0.56 -0.26 08-Dec-22 232.01 186.44 LU0826446790 -
Class A2 EUR None 202.29 -0.54 -0.27 08-Dec-22 221.77 177.58 LU0836512706 -
Class D2 USD None 113.79 -0.10 -0.09 08-Dec-22 133.55 92.17 LU1722863724 -
Class X2 USD None 140.44 -0.11 -0.08 08-Dec-22 164.53 113.73 LU1394265414 -
Class N2 EUR None 209.38 -0.55 -0.26 08-Dec-22 228.79 183.67 LU0836514157 -
Class F2 EUR None 208.71 -0.55 -0.26 08-Dec-22 228.16 183.10 LU0836515550 -
Class D2 EUR None 195.40 -0.52 -0.27 08-Dec-22 213.62 171.42 LU0836514744 -
Class N7 EUR Semi-Annual 158.64 -0.42 -0.26 08-Dec-22 178.64 139.69 LU0852473106 -

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle

Literature

Literature