Real Estate

iShares Developed Real Estate Index Fund (IE)

  • NAV as of 20/Nov/2024 GBP 10.97
  • 1 Day NAV Change as of 20/Nov/2024 -0.05 (-0.47%)

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 FTSE EPRA/NAREIT Developed Index, the Fund’s benchmark index.

The Fund is passively managed and invests so far as possible and practicable in equity securities (e.g. shares) of real estate companies on a global basis and in real estate investment trusts which make up 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.

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.

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Performance

Performance

Distributions

Ex-Date Total Distribution
View full table
Ex-Date Total Distribution
For more information: +353 1 612 3394 • www.blackrock.com • investor.services@blackrock.com
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 GBP, 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 20/Nov/2024
GBP 4’321
Share Class launch date
21/Jun/2024
Share Class Currency
GBP
Asset Class
Real Estate
SFDR Classification
Other
Ongoing Charges Figures
0.12%
ISIN
IE0006WLE232
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BN13RN0
Net Assets of Fund
as of 20/Nov/2024
USD 2’022’525’500
Fund Launch Date
08/Aug/2012
Fund Base Currency
USD
Benchmark Index
FTSE EPRA Nareit Developed Net Total Return in GBP
Initial Charge
0.00
Management Fee
0.10%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
ISDRSDG

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
363
Standard Deviation (3y)
as of -
-
P/CF Ratio
as of 31/Oct/2024
15.44
12 Month Trailing Dividend Distribution Yield
as of 31/Oct/2024
-
3y Beta
as of -
-
P/B Ratio
as of 31/Oct/2024
1.48

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/2024
0.00%
MSCI - Nuclear Weapons
as of 31/Oct/2024
0.00%
MSCI - Civilian Firearms
as of 31/Oct/2024
0.00%
MSCI - Tobacco
as of 31/Oct/2024
0.00%
MSCI - UN Global Compact Violators
as of 31/Oct/2024
0.00%
MSCI - Thermal Coal
as of 31/Oct/2024
0.00%
MSCI - Oil Sands
as of 31/Oct/2024
0.00%
Business Involvement Coverage
as of 31/Oct/2024
99.72%
Percentage of Fund not covered
as of 31/Oct/2024
0.28%
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 0.00% and for Oil Sands 0.00%.

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/2024
Name Weight (%)
PROLOGIS REIT INC 5.76
EQUINIX REIT INC 4.76
WELLTOWER INC 4.49
DIGITAL REALTY TRUST REIT INC 3.18
SIMON PROPERTY GROUP REIT INC 3.02
Name Weight (%)
PUBLIC STORAGE REIT 2.87
REALTY INCOME REIT CORP 2.85
GOODMAN GROUP UNITS 2.47
IRON MOUNTAIN INC 1.99
EXTRA SPACE STORAGE REIT INC 1.89
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 31/Oct/2024

% 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 S GBP 10.97 -0.05 -0.47 20/Nov/2024 11.18 9.96 IE0006WLE232
Inst USD 37.88 -0.22 -0.57 20/Nov/2024 40.24 33.14 IE00B7W1N443
Class D EUR 12.87 0.01 0.06 20/Nov/2024 13.03 10.49 IE00BDRK7P73
Class D Acc USD 10.98 -0.06 -0.57 20/Nov/2024 11.67 9.48 IE000LUZEWK5
Class S GBP 11.03 -0.05 -0.47 20/Nov/2024 11.24 9.96 IE0004QCXJQ1
Flex Hedged CHF 12.75 0.10 0.75 23/Sept/2024 12.78 10.00 IE000V5L2NZ3
Inst EUR 19.08 0.01 0.06 20/Nov/2024 19.32 15.57 IE00B83YJG36
Flex EUR 19.79 0.01 0.06 20/Nov/2024 20.04 16.11 IE00B801LT45
Flex GBP 16.04 -0.04 -0.25 19/Jan/2021 19.44 12.45 IE00B77JTS94
Inst EUR 13.90 0.01 0.06 20/Nov/2024 14.07 11.70 IE00B7F1RC73
Class Institutional GBP 10.68 -0.05 -0.47 20/Nov/2024 10.89 9.37 IE0005D0XZS2
Class D GBP 10.97 -0.05 -0.47 20/Nov/2024 11.19 9.38 IE000NGHY476
Flex USD 15.83 -0.09 -0.57 20/Nov/2024 16.80 13.39 IE00B83ZLT36
Class D Hedged GBP 11.18 -0.04 -0.38 20/Nov/2024 11.64 9.67 IE00BKPWSS48
Class D Acc Hedged GBP 11.69 -0.04 -0.38 20/Nov/2024 12.17 9.80 IE0004XHEGT6
Class D GBP 10.34 -0.05 -0.47 20/Nov/2024 10.54 9.13 IE00BFWVNS42
Inst USD 13.55 -0.08 -0.57 20/Nov/2024 14.39 11.49 IE00B89M2V73

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle

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 GBP 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
6’210 GBP
-37.9%
3’130 GBP
-20.7%

Unfavourable

What you might get back after costs
Average return each year
7’700 GBP
-23.0%
9’150 GBP
-1.8%

Moderate

What you might get back after costs
Average return each year
10’440 GBP
4.4%
11’980 GBP
3.7%

Favourable

What you might get back after costs
Average return each year
13’750 GBP
37.5%
16’380 GBP
10.4%

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



Literature

Literature