Equity

iShares Developed World Index Fund (IE)

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  • NAV as of 14/Oct/2021 GBP 33.29
    52 WK: 25.83 - 33.78
  • 1 Day NAV Change as of 14/Oct/2021 0.38 (1.15%)
  • 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 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. 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 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.

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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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
  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

14.58 14.39 7.76 5.14 23.46
Benchmark (%)

as of 30/Sep/2021

14.41 14.44 7.76 5.24 23.51
  1y 3y 5y 10y Incept.
Total Return (%)

as of 30/Sep/2021

23.46 11.84 12.89 14.27 12.37
Benchmark (%)

as of 30/Sep/2021

23.51 11.89 12.90 14.32 12.41
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%)

as of 30/Sep/2021

14.57 -2.16 2.43 23.46 39.88 83.34 279.66 229.07
Benchmark (%)

as of 30/Sep/2021

14.60 -2.17 2.45 23.51 40.07 83.40 281.21 230.46
  2016 2017 2018 2019 2020
Total Return (%) 28.26 11.91 -3.06 22.69 12.24
Benchmark (%) 28.24 11.80 -3.04 22.74 12.32

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

Key Facts

Key Facts

Net Assets as of 14/Oct/2021 GBP 234,843,567
Net Assets of Fund as of 14/Oct/2021 USD 15,484,954,823
Fund Base Currency USD
Share Class Currency GBP
Fund Launch Date 15/Apr/2010
Share Class launch date 13/Jul/2011
12m Trailing Yield -
Number of Holdings as of 30/Sep/2021 1,563
Asset Class Equity
Morningstar Category Global Large-Cap Blend Equity
Benchmark Index MSCI World Index
SFDR Classification Other
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charges Figures 0.16%
ISIN IE00B62C5H76
Bloomberg Ticker BGIWGIA
Annual Management Fee 0.15%
Initial Charge 0.00
Performance Fee 0.00%
SEDOL B62C5H7
Bloomberg Benchmark Ticker MSWRLDGBP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 1,000,000.00
Minimum Subsequent Investment -
Use of Income Accumulating

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 07/Oct/2021 A
MSCI ESG Quality Score (0-10) as of 07/Oct/2021 6.80
MSCI ESG Quality Score - Peer Percentile as of 07/Oct/2021 43.90
MSCI ESG % Coverage as of 07/Oct/2021 99.34
Fund Lipper Global Classification as of 07/Oct/2021 Equity Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07/Oct/2021 138.12
Funds in Peer Group as of 07/Oct/2021 4,408
All data is from MSCI ESG Fund Ratings as of 07/Oct/2021, based on holdings as of 31/May/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 30/Sep/2021 0.54%
MSCI - UN Global Compact Violators as of 30/Sep/2021 0.80%
MSCI - Nuclear Weapons as of 30/Sep/2021 0.53%
MSCI - Thermal Coal as of 30/Sep/2021 0.13%
MSCI - Civilian Firearms as of 30/Sep/2021 0.19%
MSCI - Oil Sands as of 30/Sep/2021 0.19%
MSCI - Tobacco as of 30/Sep/2021 0.63%
Business Involvement Coverage as of 30/Sep/2021 99.75%
Percentage of Fund not covered as of 30/Sep/2021 0.25%
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 0.77% and for Oil Sands 1.83%.

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 Developed World Index Fund (IE), Inst, as of 30/Sep/2021 rated against 3558 Global Large-Cap Blend Equity Funds.

Holdings

Holdings

as of 30/Sep/2021
Name Weight (%)
APPLE INC 4.07
MICROSOFT CORP 3.48
AMAZON COM INC 2.57
FACEBOOK CLASS A INC 1.40
ALPHABET INC CLASS A 1.39
Name Weight (%)
ALPHABET INC CLASS C 1.34
TESLA INC 1.09
NVIDIA CORP 0.89
JPMORGAN CHASE & CO 0.85
JOHNSON & JOHNSON 0.73
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30/Sep/2021

% of Market Value

Type Fund
as of 30/Sep/2021

% of Market Value

Type Fund
as of 30/Sep/2021

% of Market Value

Type Fund
as of 30/Sep/2021

% of Market Value

Type Fund
as of 30/Sep/2021

% 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
Inst GBP None 33.29 0.38 1.15 33.78 25.83 33.28 IE00B62C5H76 33.32 -
Class D USD None 17.63 0.26 1.51 18.05 12.92 17.62 IE00BD0NCN62 17.64 -
Inst EUR Daily 30.26 0.41 1.37 30.27 22.31 30.25 IE00B62NV726 30.28 -
Inst USD Quarterly 23.75 0.35 1.51 24.33 17.65 23.75 IE00B62NX656 23.77 -
Class D EUR None 16.54 0.22 1.37 16.55 12.03 16.54 IE00BD0NCM55 16.56 -
Inst USD Quarterly 28.66 0.43 1.51 29.35 21.02 28.65 IE00B62WG306 28.68 -
Class D Hedged GBP - 15.06 0.21 1.42 15.35 11.22 15.06 IE00BGL88775 15.07 -
Class D GBP None 16.59 0.19 1.15 16.83 12.87 16.58 IE00BD0NCL49 16.60 -
Inst GBP Quarterly 23.57 0.27 1.15 23.92 18.53 23.56 IE00B62HNT07 23.59 -
Inst EUR Quarterly 35.07 0.48 1.37 35.09 25.52 35.06 IE00B62WCL09 35.10 -

Portfolio Managers

Portfolio Managers

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

Literature

Literature