iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc)
Sub-fund of iShares VI PLC (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The Share Class is a share class of a Fund which 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 S&P 500 Minimum Volatility Index, the Fund’s benchmark index. The Share Class, via the Fund, invests in equity securities (e.g. shares) that, so far as possible and practicable, make up the benchmark index. The benchmark index aims to reflect the performance characteristics of a subset of securities within the S&P 500 Index (“Parent Index”) with the lowest absolute volatility of returns, subject to risk diversification. The constituents of the benchmark index are selected using a minimum volatility strategy which selects securities from the Parent Index based on estimates of the risk profile and expected volatility of each constituent and the correlation between all constituents in the Parent Index. Volatility of returns measures the movements in the daily price of the constituents over a period of time. The Parent Index measures the performance of the large-cap sector (i.e. companies with large market capitalisation) within the United States market. As the Parent Index includes a significant portion of the total value of the market, it also represents the market. Companies in the Parent Index are considered leading companies in leading industries. Market capitalisation is the share price of the company multiplied by the number of shares issued. Companies are included in the benchmark index based on a free float market capitalisation weighted basis. Free float means that only shares available to international investors rather than all of a company’s issued shares are used in calculating the benchmark index. Free float market capitalisation is the share price of a company multiplied by the number of shares available to international investors. The Fund uses optimising techniques to achieve a similar return to its benchmark index. These techniques may include the strategic selection of certain securities that make up the benchmark index or other securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. The use of FDIs is expected to be limited for this Share Class. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index. Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Silver
Silver
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 05/12/201954.57
Morningstar categoryUS Large-Cap Blend Equity
CurrencyEUR
Distribution statusAccumulating
ISINIE00B6SPMN59
Inception Date30/11/2012
Minimum initial amount-
Exchange NameXETRA
TickerIBCK
Fees And Charges
Purchase charge0.1% (subject to minimum)
Custody feeNone
Sale charge0.1% (subject to minimum)
Fund management company
Total Net Assets (mil)2,413.52 USD (30/11/2019)
UCITSYes
Administrator-

Legal Documents

Prospectus
en 18/12/2017
Annual Report
en 31/03/2018
Semi Annual Report
en 30/09/2018
Morningstar Report
06/12/2019

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year19.76%05/12/2019
3 years11.32%05/12/2019
5 years12.84%05/12/2019
Since launch-05/12/2019
Cumulative performance in EUR
Performance
YTD 01/01/201930.57%
1 month1.43%
3 months1.79%
6 months10.72%
Quarterly Returns
Q 1Q 2Q 3Q 4
201913.09%5.30%3.88%-
2018-2.29%3.46%6.27%-11.90%
20173.23%1.62%2.21%8.23%
20166.22%4.71%0.51%1.09%
20151.02%-1.57%-2.41%7.16%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock99.76%0.00%99.76%
Bond0.00%0.00%0.00%
Cash0.45%0.21%0.24%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
15.1710.5610.05
Sharpe Ratio
0.901.030.96
Sortino Ratio
1.341.541.56
Positive Months10.0028.0039.00
Negative Months2.008.0021.00
Worst Month-8.90-8.90-8.90
World Regions
Region%
United States98.50
Europe - ex Euro1.26
Stock Sector Weighting
Sector% of Equity
Technology15.67
Consumer Cyclical14.84
Healthcare13.96
Consumer Defensive12.52
Financial Services11.07
Industrials9.05
Utilities8.36
Communication Services5.04
Real Estate4.75
Energy2.88
Basic Materials1.63
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
54.57
Closing Price
All key information and documents must be reviewed before being able to Invest.