Equity

iShares Developed World Index Fund (IE)

  • NAV as of 19-Nov-24 USD 10.10
  • 1 Day NAV Change as of 19-Nov-24 0.03 (0.33%)

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 is passively managed and 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 the end of November 2018, 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.
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Performance

Performance

This chart has been left intentionally blank 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 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 USD, 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 19-Nov-24
USD 5,049
Inception Date
29-Oct-24
Share Class Currency
USD
Asset Class
Equity
Index Ticker
NDDUWI
Initial Charge
0.00%
Management Fee
0.13%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
ISDWDUH
Net Assets of Fund
as of 19-Nov-24
USD 23,870,816,377
Fund Launch Date
15-Apr-10
Base Currency
USD
Benchmark Index
MSCI World Net TR Index
SFDR Classification
Other
Ongoing Charges Figures
0.14%
ISIN
IE000GB1R6V7
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BN2BPM8

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31-Oct-24
1408
3y Beta
as of -
-
P/B Ratio
as of 31-Oct-24
3.47
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31-Oct-24
23.68

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 31-Oct-24
0.49%
MSCI - Nuclear Weapons
as of 31-Oct-24
0.48%
MSCI - Civilian Firearms
as of 31-Oct-24
0.12%
MSCI - Tobacco
as of 31-Oct-24
0.62%
MSCI - UN Global Compact Violators
as of 31-Oct-24
0.06%
MSCI - Thermal Coal
as of 31-Oct-24
0.30%
MSCI - Oil Sands
as of 31-Oct-24
0.22%
Business Involvement Coverage
as of 31-Oct-24
99.83%
Percentage of Fund not covered
as of 31-Oct-24
0.17%
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 0.69% and for Oil Sands 2.15%.

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

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31-Oct-24
Name Weight (%)
APPLE INC 4.80
NVIDIA CORP 4.76
MICROSOFT CORP 4.19
AMAZON COM INC 2.55
META PLATFORMS INC CLASS A 1.81
Name Weight (%)
ALPHABET INC CLASS A 1.46
ALPHABET INC CLASS C 1.27
BROADCOM INC 1.09
TESLA INC 1.04
ELI LILLY 0.98
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-24

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-24

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D Hedged USD 10.10 0.03 0.33 19-Nov-24 10.24 9.81 IE000GB1R6V7
Class D Hedged EUR 12.84 0.04 0.34 19-Nov-24 13.01 10.21 IE000M0KK797
Class D GBP 22.79 0.05 0.22 19-Nov-24 22.85 18.08 IE00BD0NCL49
Class D SGD 15.15 0.02 0.15 19-Nov-24 15.33 11.98 IE000NNYZMJ7
Flex USD 11.87 0.01 0.09 16-Oct-17 11.87 9.96 IE00B630W685
Inst Hedged EUR 18.03 0.06 0.34 19-Nov-24 18.27 14.34 IE00BJ023R69
Class D Hedged SGD 12.33 0.04 0.34 19-Nov-24 12.49 9.83 IE000XUK0R09
Flex Hedged EUR 18.93 0.06 0.34 19-Nov-24 19.19 15.03 IE00BFZPRS19
Inst USD 36.41 0.15 0.42 19-Nov-24 36.94 28.82 IE00B62WG306
Class D EUR 23.04 0.07 0.30 19-Nov-24 23.24 17.65 IE00BD0NCM55
Flex USD 45.47 0.19 0.42 19-Nov-24 46.13 35.93 IE00B616R411
Flex Hedged GBP 19.79 0.07 0.34 19-Nov-24 20.05 15.53 IE00BFZPRR02
Flex GBP 47.17 0.10 0.22 19-Nov-24 47.28 37.38 IE00B61BMR49
Flex EUR 53.47 0.16 0.30 19-Nov-24 53.93 40.91 IE00B61D1398
Inst GBP 45.69 0.10 0.22 19-Nov-24 45.80 36.25 IE00B62C5H76
Class D USD 22.42 0.09 0.42 19-Nov-24 22.75 17.74 IE00BD0NCN62
Flex EUR 25.23 0.07 0.30 19-Nov-24 25.45 19.60 IE00B61MGS68
Inst GBP 30.90 0.07 0.22 19-Nov-24 30.98 24.87 IE00B62HNT07
Flex Hedged SGD 16.70 0.06 0.34 19-Nov-24 16.92 13.30 IE00BN782T03
Inst USD 28.82 0.12 0.42 19-Nov-24 29.24 23.13 IE00B62NX656
Inst EUR 40.20 0.12 0.30 19-Nov-24 40.55 31.24 IE00B62NV726
Flex GBP 38.96 0.09 0.22 19-Nov-24 39.05 31.35 IE00B6385520
Inst EUR 48.78 0.14 0.30 19-Nov-24 49.20 37.38 IE00B62WCL09
Class D Hedged GBP 18.65 0.06 0.34 19-Nov-24 18.89 14.86 IE00BGL88775

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle
Group Index Equity PM Core DM EMEA
Group Index Equity PM Core DM EMEA

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment USD 10,000
Scenario
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
7,140 USD
-28.6%
3,300 USD
-19.9%

Unfavourable

What you might get back after costs
Average return each year
8,040 USD
-19.6%
11,730 USD
3.2%

Moderate

What you might get back after costs
Average return each year
11,140 USD
11.4%
16,090 USD
10.0%

Favourable

What you might get back after costs
Average return each year
15,400 USD
54.0%
20,510 USD
15.5%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature