Equity

iShares Pacific ex Japan Equity Index Fund (LU)

  • NAV as of 10-Dec-24 EUR 146.06
    52 WK: 119.37 - 148.19
  • 1 Day NAV Change as of 10-Dec-24 -0.73 (-0.50%)
  • Morningstar Rating

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 MSCI Pacific ex Japan Index, the Fund’s benchmark index.The Fund is passively managed and aims to invest as far as possible and practicable in the equity securities (e.g. shares) that make up the Index. The benchmark index measures the performance of equity securities issued by large and mid capitalisation companies across developed markets in the Pacific region (excluding Japan) 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. Market capitalisation is the share price of the company multiplied by the number of shares issued.

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

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

Chart

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This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 20.2 -2.7 12.8 -0.2 2.4
Benchmark (%) 20.5 -2.4 13.0 0.1 2.5

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-24

-13.15 27.01 -3.36 1.64 20.82
Benchmark (%)

as of 30-Sept-24

-12.85 27.30 -3.30 1.91 21.16
  1y 3y 5y 10y Incept.
Total Return (%) 25.31 6.86 5.52 - 6.05
Benchmark (%) 25.53 7.07 5.75 - 6.30
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 16.26 5.94 8.59 13.45 25.31 22.04 30.85 - 46.98
Benchmark (%) 16.44 5.94 8.61 13.57 25.53 22.76 32.28 - 49.25

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 of Fund
as of 10-Dec-24
USD 259,009,253
Fund Launch Date
24-Oct-12
Fund Base Currency
USD
Benchmark Index
MSCI PACIFIC ex JAPAN Net EUR (Custom 4pm LUX)
Initial Charge
5.00%
Management Fee
0.15%
Performance Fee
0.00%
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGXJD2E
Share Class launch date
09-May-18
Share Class Currency
EUR
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
0.25%
ISIN
LU1811364998
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Pacific ex-Japan Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
BFNBJ07

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29-Nov-24
103
3y Beta
as of 30-Nov-24
1.000
P/B Ratio
as of 29-Nov-24
1.91
Standard Deviation (3y)
as of 30-Nov-24
14.67%
P/E Ratio
as of 29-Nov-24
19.23

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) 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. MSCI Ratings are currently unavailable for this fund.

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 29-Nov-24
0.00%
MSCI - Nuclear Weapons
as of 29-Nov-24
0.00%
MSCI - Civilian Firearms
as of 29-Nov-24
0.00%
MSCI - Tobacco
as of 29-Nov-24
0.00%
MSCI - UN Global Compact Violators
as of 29-Nov-24
0.00%
MSCI - Thermal Coal
as of 29-Nov-24
7.63%
MSCI - Oil Sands
as of 29-Nov-24
0.00%
Business Involvement Coverage
as of 29-Nov-24
100.00%
Percentage of Fund not covered
as of 29-Nov-24
0.00%
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 8.89% and for Oil Sands 0.73%.

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

3 stars
Overall Morningstar Rating for iShares Pacific ex Japan Equity Index Fund (LU), Class D2, as of 30-Nov-24 rated against 122 Pacific ex-Japan Equity Funds.

Holdings

Holdings

as of 29-Nov-24
Name Weight (%)
COMMONWEALTH BANK OF AUSTRALIA 9.01
BHP GROUP LTD 6.99
CSL LTD 4.64
AIA GROUP LTD 4.26
NATIONAL AUSTRALIA BANK LTD 4.08
Name Weight (%)
WESTPAC BANKING CORPORATION CORP 3.89
DBS GROUP HOLDINGS LTD 3.29
ANZ GROUP HOLDINGS LTD 3.15
MACQUARIE GROUP LTD DEF 2.85
WESFARMERS LTD 2.77
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29-Nov-24

% of Market Value

Type Fund Benchmark Net
as of 29-Nov-24

% of Market Value

Type Fund Benchmark Net
as of 29-Nov-24

% 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
Class D2 EUR - 146.06 -0.73 -0.50 10-Dec-24 148.19 119.37 LU1811364998
Class X2 EUR None 166.05 -0.83 -0.50 10-Dec-24 168.46 135.45 LU0938202826
Class D2 USD - 129.36 -1.35 -1.03 10-Dec-24 135.44 108.04 LU1811364725
Class A2 USD None 165.18 -1.72 -1.03 10-Dec-24 173.05 138.37 LU0836512961
Class F2 USD None 171.49 -1.79 -1.03 10-Dec-24 179.56 143.23 LU0836515717
Class N7 USD Semi-Annual 141.08 -1.47 -1.03 10-Dec-24 149.42 122.18 LU0960942059
Class X2 USD None 175.22 -1.83 -1.03 10-Dec-24 183.40 146.08 LU0826446956
Class N2 USD None 172.08 -1.79 -1.03 10-Dec-24 180.16 143.67 LU0836514314
Class N7 EUR Semi-Annual 132.65 -0.66 -0.50 10-Dec-24 134.58 112.40 LU0852473361

Portfolio Managers

Portfolio Managers

Dharma Laloobhai
Dharma Laloobhai

Literature

Literature