3022 / 9022
iShares MSCI Emerging Markets ETF (HK)
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Fees as stated in the prospectus
Management Fee: 0.18%
•The ETF is a feeder fund and seeks to achieve its investment objective by investing substantially into iShares MSCI EM UCITS ETF USD (Dist) (the “Master ETF”). The Master ETF is not authorised by the SFC and is not available for direct investment by retail investors in Hong Kong on the SEHK.
•The ETF invests substantially in the Master ETF. The management company of the Master ETF is an affiliate of the Manager and so potential conflicts of interest may arise.
•There can be no assurance that the Master ETF’s investment objectives and strategies will be successfully achieved or that the liquidity of the Master ETF will always be sufficient to meet realisation requests. In addition, there could be trading suspension of the Master ETF in the secondary market.
•The Manager also has no ability to control the manner in which the management company and investment manager of the Master ETF will make investments in accordance with the Master ETF’s investment objective and strategy (which may change from time to time). Any tracking error of the Master ETF and difference of the underlying constituents will contribute to the tracking error of the ETF.
•The ETF aims to provide investment results that, before fees and expenses, closely correspond to the performance of the MSCI Emerging Markets Index. The exposure of the ETF is concentrated in the emerging markets, which may involve increased risks and special considerations not typically associated with investments in more develop markets. The Master ETF is in particular concentrated in the Chinese markets, and may be more susceptible to any economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory occurrence affecting emerging markets including the Chinese markets. The ETF may therefore be more susceptible to greater price volatility when compared to a more diverse fund.
•The Master ETF and the ETF may potentially be subject to tracking error risk, which is the risk that their returns may not track exactly those of the underlying index.
•The Master ETF invests in stocks of large to mid-capitalisation companies. Securities of mid-capitalisation companies tend to be more volatile and less liquid than securities of larger capitalisation companies.
•The ETF’s Base Currency is in USD but has units traded in HKD (in addition to USD). Investors may be subject to additional costs or losses associated with foreign currency fluctuations between the Base Currency and the HKD trading currency when trading units in the secondary market.
•If there is a suspension of the inter-counter transfer of units between the counters and/or any limitation on the level of services provided by brokers and CCASS participants, Unitholders will only be able to trade their units in one counter. The market price of units traded in each counter may deviate significantly.
•The trading price of the ETF’s Units on the SEHK is driven by market factors such as the demand and supply of the Units. Therefore, the Units may trade at a substantial premium or discount to the ETF’s NAV.
•The Manager may at its discretion pay dividends out of the capital of the ETF. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the ETF’s capital may result in an immediate reduction of the NAV per Unit.
•The ETF may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The ETF may suffer losses from its derivatives usage.
• The ETF is subject to securities lending transactions risks. In particular, the borrower may fail to return the securities in a timely manner and the value of the collateral may fall below the value of the securities lent out.
Overview
Performance
Performance
Chart
Distributions
Record Date | Ex-Date | Payable Date |
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Returns
2019 | 2020 | 2021 | 2022 | 2023 | |
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Total Return (%) | -3.34 | -19.99 | 9.26 | ||
Benchmark (%) | -2.54 | -20.09 | 9.83 |
If the share class of the fund has been launched for less than 5 years, please refer to the fund factsheet for the performance information calculated from the launch date to the end of launch year.
Performance is calculated based on the calendar year end, NAV-to-NAV with dividend reinvested.
These figures show by how much the Share Class of the Fund increased or decreased in value during the calendar year being shown. Performance is calculated in the relevant Share Class currency, including ongoing charges and taxes and excluding subscription and redemption fees, if applicable.
Where no past performance is shown there was insufficient data available in that calendar year to provide performance.
Please refer to the Key Facts section on the right for the inception date of the Fund and the Share Class.
1y | 3y | 5y | 10y | Incept. | |
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Total Return (%) | 7.58 | -5.39 | - | - | 2.16 |
Benchmark (%) | 8.15 | -5.05 | - | - | 2.06 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
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Total Return (%) | 2.73 | 2.96 | 2.73 | 10.73 | 7.58 | -15.32 | - | - | 8.24 |
Benchmark (%) | 2.37 | 2.48 | 2.37 | 10.42 | 8.15 | -14.40 | - | - | 7.86 |
Past performance is not a guide to future performance. Investors may not get back the full amount invested.
Performance is calculated based on the calendar year end, NAV-to-NAV with dividend reinvested.
These figures show by how much the iShares Fund increased or decreased in value during the calendar year being shown. Performance is calculated in the base currency of the iShares Fund, including ongoing charges and taxes, and excluding your trading costs on SEHK.
Please refer to the Key Facts section for the inception date of the iShares Fund.
Where no past performance is shown there was insufficient data available in that calendar year to provide performance.
Benchmark performance does not reflect any management fees, transaction costs or expenses.
Source: BlackRock, MSCI
Key Facts
Key Facts
Portfolio Characteristics
Portfolio Characteristics
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.
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.
Ratings
Holdings
Holdings
Ticker | Name | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Shares | CUSIP | ISIN | SEDOL | Price | Location | Exchange | Currency | FX Rate | Market Currency |
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Ticker | Name | Sector | Asset Class | Market Value | Weight (%) | Notional Value | Shares | CUSIP | ISIN | SEDOL | Price | Location | Exchange | Currency | FX Rate | Market Currency |
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Exposure Breakdowns
Exposure Breakdowns
% of Weight
As a percentage of the NAV of the Master ETF.
Participating Dealers
Exchange
Exchange
Ticker | Exchange | Currency | Listing Date | Premium Discount | Premium Discount As Of | NAV | NAV $ Change | NAV % Change | Price As Of | NAV As Of | Closing Price | Closing Price $ Change | Closing Price % Change | FX to Base Ccy | 20d Avg Volume | Exchange Volume | Bloomberg Ticker | Bloomberg IOPV | Bloomberg INAV | Bloomberg Shares Out. | SEDOL | ISIN | RIC | Trading Board Lot |
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3022 | XHKG | Hong Kong Dollar | 22-Jul-2020 | 0.47 | 29-Apr-2024 | 474.78 | 4.52 | 0.96 | 30-Apr-2024 | 29-Apr-2024 | 477.00 | 0.00 | 0.00 | 7.82680 | 224.00 | - | 3022 HK | 3022NAV | 3022IV | 3022SHO | BKWGSZ6 | HK0000625217 | 3022.HK | 100.00 |
9022 | XHKG | U.S. Dollar | 22-Jul-2020 | 0.43 | 29-Apr-2024 | 60.66 | 0.59 | 0.98 | 30-Apr-2024 | 29-Apr-2024 | 60.98 | 0.06 | 0.10 | - | 0.00 | - | 9022 HK | 9022NAV | 9022IV | 9022SHO | BKWGTW0 | HK0000625209 | 9022.HK | 100.00 |