iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc)
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 MSCI World Minimum Volatility Index, the Fund’s benchmark index. The Share Class also aims to reduce the impact of exchange rate fluctuations between the Fund's underlying portfolio currencies and Euro on your returns. 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, combined with foreign currency contracts for currency hedging. The benchmark index aims to reflect the performance characteristics of a subset of securities within the MSCI World 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 equity markets in developed countries worldwide. Companies are included in the Parent Index based on the proportion of their shares in issue that are available for purchase by 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 (including FX forward contracts) may be used for direct investment purposes. 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). The Fund’s base currency is US Dollar. Shares for this Share Class are denominated in Euro. The performance of your shares may be affected by this currency difference. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the Fund’s underlying portfolio currencies. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares.

Morningstar Rating
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 08/07/20205.82
Morningstar categorySector Equity Other
CurrencyEUR
Distribution statusAccumulating
ISINIE00BYXPXL17
Inception Date21/04/2017
Minimum initial amount-
Exchange NameXETRA
TickerSXR0
Fees And Charges
Custody feeNone
Ongoing charge0.35% of which none is paid to MeDirect
Fund management company
AddressBlackRock Asset Management Ireland - ETF JP Morgan House International Financial Services Centre Dublin Ireland
Manager NameNot Disclosed
Manager Start Date30/11/2012
Websitewww.blackrock.com
Total Net Assets (mil)4,057.85 EUR (30/06/2020)
UCITSYes
Administrator-

Documents

Prospectus
en 18/12/2017
Annual Report
en 31/03/2019
Semi Annual Report
en 30/09/2019
Morningstar Report
10/07/2020

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 year-3.85%08/07/2020
3 years4.52%08/07/2020
Since launch4.94%08/07/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-7.45
1 month-2.42
3 months5.17
6 months-7.48
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-14.26%7.35%--
201910.06%3.30%3.56%1.93%
2018-3.12%1.46%6.02%-7.88%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock99.57%0.00%99.57%
Bond0.00%0.00%0.00%
Cash0.43%0.00%0.43%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
16.4013.53-
Sharpe Ratio
-0.250.22-
Sortino Ratio
-0.310.28-
Positive Months9.0027.0028.00
Negative Months3.009.0010.00
Worst Month-9.57-9.57-9.57
World Regions
Region%
United States59.46
Japan12.91
Europe - ex Euro8.42
Canada6.90
Eurozone4.80
Asia - Developed3.39
United Kingdom2.00
Australasia1.08
Middle East0.56
Asia - Emerging0.05
Stock Sector Weighting
Sector% of Equity
Consumer Defensive
14.55
Financial Services13.70
Healthcare13.44
Technology12.64
Communication Services12.63
Industrials9.40
Utilities8.27
Basic Materials5.68
Consumer Cyclical
5.09
Real Estate4.02
Energy0.15
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
5.82
Closing Price
All key information and documents must be reviewed before being able to Invest.