SAEU

iShares MSCI Europe ESG Screened UCITS ETF

Equity

SAEU

iShares MSCI Europe ESG Screened UCITS ETF

Overview

WHY SAEU?

  1. Screens out exposure to Controversial Weapons, Nuclear Weapons, Tobacco, Thermal Coal, Oil Sands, UN Global Compact violators and Civilian Firearms.
  2. Equivalent cost to the corresponding iShares Core exposure.
  3. Designed for investors looking to screen out controversial business areas while maintaining a risk profile similar to traditional benchmarks.

INVESTMENT OBJECTIVE

The fund seeks to track the performance of an index composed of European companies screened for exposure to thermal coal, controversial weapons, tobacco, and other controversial industries.

Important Information: Capital at Risk. 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.

Important Information: 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. When investing in equities and equity-related securities their value can be affected by daily stock market movements. The Fund's environmental, social and governance ("ESG") investment strategy limits the types and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not have an ESG focus. The benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider. Investors should therefore make a personal ethical assessment of the benchmark index’s ESG screening prior to investing in the Fund.

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

  • Returns

Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged fund benchmark performance is displayed in EUR.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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

Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realise returns that are different to the NAV performance

Reinvestments

This product does not have any distributions data as of now.
Announcement Date Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Net Assets as of 20/Aug/2019 EUR 57,648,753
Net Assets of Fund as of 20/Aug/2019 EUR 63,113,284
Base Currency EUR
Share Class Currency EUR
Fund Launch Date 19/Oct/2018
Inception Date 19/Oct/2018
Asset Class Equity
Total Expense Ratio A measure of the total costs associated with managing and operating the product. The Total Expense Ratio (TER) consists primarily of the management fee and other expenses such as trustee, custody, registration fees and other operating expenses. 0.12%
Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 0.12%
Product Structure For an ETF, the Product Structure indicates whether it is holding physical securities (i.e. Physical) or whether it is tracking the index performance using derivatives (swaps, i.e. Synthetic). For ETCs, Product Structure indicates that the metal backing the securities are physically held. Physical
Methodology For an ETF, the Methodology indicates whether the product is holding all index securities in the same weight as the index (replicating) or whether an optimised subset of index securities is used (optimised / sampled) in order to efficiently track index performance. For ETCs, the metal backing the securities are always physically held. Optimised
Domicile Ireland
UCITS Undertakings for Collective Investment in Transferable Securities, commonly known as "UCITS", are collective investment schemes (a type of investment product) which are established and authorised in one EU Member State and designed for EU retail investors. Once authorised, UCITS can be sold cross border to EU retail investors in other EU Member States using a registration process, but without a requirement for separate authorisation. Yes
Benchmark Index MSCI Europe ESG Screened Index
Distribution Frequency How often a distribution is paid by the product. The most common distribution frequencies are annually, semi annually and quarterly. None
Securities Lending Return Annualised Securities Lending Return is the net 12 month securities lending revenue to the fund divided by the average NAV of the fund over the same time period. -
ISA Eligibility Yes
SIPP Available Yes
UK Distributor/Reporting Status No/Yes
Rebalance Frequency Quarterly
ISIN IE00BFNM3D14
Bloomberg Ticker SAEU LN
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 20/Aug/2019 10,921,593
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of 19/Aug/2019 417
Benchmark Level as of 20/Aug/2019 EUR 1,873.87
Benchmark Ticker NE721416
Distribution Yield The distribution yield represents the ratio of distributed income over the last 12 months to the fund’s current NAV. as of - -
Fiscal Year End 31/May/2020
P/E Ratio The price to earnings ratio (P/E) is a fundamental measure used to determine if an investment is valued appropriately. Each holdings' P/E is the latest closing price divided by the latest 12 months' earnings per share. Negative earnings are excluded, extraordinary items are excluded, and P/E ratios over 60 are set to 60. as of 19/Aug/2019 15.72
P/B Ratio The price to book (P/B) value ratio is a fundamental measure used to determine if an investment is valued appropriately. The book value of a company is a measure of how much a company's assets are worth assuming the company's debts are paid off. Negative book values are excluded from this calculation and holding price to book ratios over 25 are set to 25. as of 19/Aug/2019 1.73

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate material sustainability considerations into their investment process. Within this, environmental, social, and governance (ESG) metrics can provide insight into a company’s management effectiveness and long-term financial prospects. Business Involvement metrics can help investors gain a more comprehensive view of specific activities to which a fund may be exposed through the investments it holds.

MSCI ESG Quality Score The MSCI ESG Quality Score is calculated as the weighted average of the underlying holding's ESG Scores. It is provided on a 0-10 scale, with 0 and 10 being the respective lowest and highest possible scores. MSCI scores underlying holdings according to their exposure to 37 industry specific ESG risks and their ability to manage those risks relative to peers. These issuer-level ESG scores correspond to an issuer-level ESG rating. For further details regarding MSCI’s methodology, see footnote 1 at the bottom of the page. as of 19/Aug/2019 7.4
MSCI Weighted Average Carbon Intensity
(Tons CO2/$M Sales) A portfolio&#39;s Weighted Average Carbon Intensity is achieved by calculating the carbon intensity (Scope 1 + 2 Emissions / $M Sales) for each portfolio company and calculating the weighted average by portfolio weight.<br/><br/>Scope 1 emissions are those from sources owned or controlled by the company, typically direct combustion of fuel as in a furnace or vehicle.&lt;br /&gt;Scope 2 emissions are those caused by the generation of electricity purchased by the company.&lt;br /&gt;Scope 3 emissions include an array of indirect emissions resulting from activities such as business travel, distribution of products by third parties, and downstream use of a company&#39;s products (i.e. by customers).<br/><br/>For further details regarding MSCI&#39;s methodology, see footnote 2 at the bottom of the page. as of 19/Aug/2019 128.59
MSCI ESG % Coverage % of issuers in the fund that have been assigned an ESG score by MSCI. For further details regarding MSCI’s methodology, see footnote 1 at the bottom of the page. as of 19/Aug/2019 99.30%

Business Involvement

Business Involvement

MSCI ESG - Cluster Munitions % of issuers within the fund that have been identified by MSCI ESG Research as having any tie to cluster munitions, components, and delivery platforms. For further details regarding MSCI’s methodology, see footnote 3 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - Nuclear Weapons % of issuers within the fund that have been identified by MSCI ESG Research as having an association to nuclear weapons. For further details regarding MSCI’s methodology, see footnote 4 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - Landmines % of issuers within the fund that have been identified by MSCI ESG Research as having any tie to anti-personnel landmines, components, and anti-vehicle landmines. For further details regarding MSCI’s methodology, see footnote 3 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - UN Global Compact Compliance Violation (Fail) % of issuers within the fund that have been identified by MSCI ESG Research as failing to comply with the United Nations Global Compact Principles. For further details regarding MSCI’s methodology, see footnote 5 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - Depleted Uranium Weapons % of issuers within the fund that have been identified by MSCI ESG Research as publicly traded companies that manufacture weapons, ammunition, and armour made with depleted uranium (DU) and DU alloys. DU is a by-product of the uranium-enrichment process used to make nuclear weapons and nuclear-reactor fuel. For further details regarding MSCI’s methodology, see footnote 3 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - Tobacco Producers % of issuers within the fund that have been identified by MSCI ESG Research as producing tobacco products. For further details regarding MSCI’s methodology, see footnote 4 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - Biological & Chemical Weapons % of issuers within the fund that have been identified by MSCI ESG Research as manufacturing biological or chemical weapons (or critical components of biological / chemical weapons), which are defined as weapons that use pathogens such as viruses, bacteria, and disease-causing biological agents, toxins, or chemical substances that have toxic properties that kill, injure, or incapacitate. For further details regarding MSCI’s methodology, see footnote 3 at the bottom of the page. as of 19/Aug/2019 0.00%
MSCI ESG - Civilian Firearms Producers % of issuers within the fund that have been identified by MSCI ESG Research as producing firearms and small arms ammunitions for civilian markets. It does cover companies that cater to the military, government, and law enforcement markets. For further details regarding MSCI’s methodology, see footnote 4 at the bottom of the page. as of 19/Aug/2019 0.00%

Registered Countries

Registered Countries

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 19/Aug/2019
Ticker ISIN Name Name of Issuer Sector Country Asset Class Nominal Market Value Weight (%) Price Exchange Market Currency Notional Value
Issuer Ticker Name Name of the underlying security Asset Class Weight (%) Price Nominal Market Value Notional Value Sector ISIN Exchange Country Market Currency
Detailed Holdings and Analytics
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 19/Aug/2019

% of Market Value

Type Fund Benchmark Net
as of 19/Aug/2019

% of Market Value

Type Fund Benchmark Net
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 country where the issuer of the securities carries out much of their business.
as of 19/Aug/2019

% of Market Value

Type Fund Benchmark Net
Allocations are subject to change.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
London Stock Exchange SAEU GBP 23/Oct/2018 BGHCJG9 SAEU LN SAEU.L - - IE00BFNM3D14 A2N48D 43694293 - -
Xetra SLMC EUR 24/Oct/2018 BFNNR21 SLMC GY SLMC.DE - - IE00BFNM3D14 A2N48D 43694293 - -
Bolsa Mexicana De Valores SLMC MXN 28/Feb/2019 - - - - - - - - - -
SIX Swiss Exchange SLMC EUR 20/Nov/2018 BDFVT12 SLMC SW SLMC.S - - IE00BFNM3D14 A2N48D 43694293 - -

Literature

Literature