iShares Edge MSCI World Multifactor UCITS ETF EUR Hedged (Acc)
iShares IV 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 Diversified Multiple-Factor Index, the Fund’s benchmark index ("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 Index, combined with foreign currency contracts for currency hedging. The Index aims to reflect the performance characteristics of a subset of equity securities (e.g. shares) within the MSCI World Index (“Parent Index”), which are selected and weighted on account of their relatively high aggregate exposure to four ‘style’ factors when compared to other securities within the Parent Index: Value (i.e. companies are rated based on their cheapness or expensiveness relative to other companies in the same sector); Momentum (i.e. companies are assigned a score based upon the share price performance in the previous months relative to other companies in the universe. Companies with better performance receive a better score); Size (i.e. companies are assigned a score based on their market capitalisation. Companies with lower market capitalisation receive a higher score); and Quality (i.e. companies are assigned a score based on the quality of their characteristics, such as profitability of the company, the stability of its earnings and low levels of leverage/debt). The constituents of the Index are selected from the Parent Index using the index providers risk model (the “Model”). The Model applies an optimisation process to the constituents of the Parent Index to select constituents so as to maximise exposure to the four ‘style’ factors while maintaining a total risk profile similar to that of the Parent Index. The optimisation process aims to weight constituents in the Index with a higher overall score representative of the exposures to the four ‘ style’ factors. The Parent Index represents large and mid capitalisation companies in developed countries which comply with MSCI’s size, liquidity and free-float criteria. Market capitalisation is the share price of the company multiplied by the number of shares issued. The Index rebalances on a quarterly basis to take into account the deletions from the Parent Index and, at alternate rebalances, the Model is applied to the Parent Index to update the Index (i.e. on a semi-annual basis). The Fund uses optimising techniques to achieve a similar return to its Index. These techniques may include the strategic selection of certain securities that make up the 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.

Morningstar Rating
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 30/11/20206.18
Morningstar categorySector Equity Other
CurrencyEUR
Distribution statusAccumulating
ISINIE00BYXPXK00
Inception Date21/04/2017
Minimum initial amount-
Exchange NameXETRA
TickerIS07
Fees And Charges
Custody feeNone
Ongoing charge0.55% 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 Name-
Manager Start Date-
Websitewww.blackrock.com
Total Net Assets (mil)362.45 EUR (30/11/2020)
UCITSYes
Administrator-

Documents

Prospectus
en 22/06/2020
Annual Report
en 31/05/2019
Semi Annual Report
en 30/11/2019
Morningstar Report
02/12/2020

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 year5.93%01/12/2020
3 years3.26%01/12/2020
Since launch5.95%01/12/2020
Cumulative performance in EUR
Performance
YTD 01/01/20204.57
1 month11.99
3 months7.63
6 months17.82
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-20.64%13.28%6.54%-
201910.32%1.16%-0.53%6.68%
2018-2.03%1.20%2.65%-15.04%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock99.08%0.00%99.08%
Bond0.00%0.00%0.00%
Cash0.63%0.00%0.63%
Other0.29%0.00%0.29%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
27.8820.61-
Sharpe Ratio
0.580.15-
Sortino Ratio
0.930.22-
Positive Months7.0022.0028.00
Negative Months5.0014.0015.00
Worst Month-13.32-13.32-13.32
World Regions
Region%
United States68.92
Eurozone6.28
Japan5.37
United Kingdom5.23
Australasia4.94
Canada4.02
Europe - ex Euro2.71
Asia - Developed1.56
Asia - Emerging0.05
Stock Sector Weighting
Sector% of Equity
Technology25.30
Healthcare16.12
Industrials12.54
Consumer Defensive
9.51
Consumer Cyclical
8.47
Financial Services7.71
Basic Materials7.47
Communication Services4.41
Utilities3.72
Real Estate3.49
Energy0.34
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
6.18
Closing Price
All key information and documents must be reviewed before being able to Invest.