Equity

iShares US Index Fund (IE)

  • NAV as of 20/Nov/2024 SGD 15.81
    52 WK: 11.96 - 15.95
  • 1 Day NAV Change as of 20/Nov/2024 0.07 (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 the equity market in the United States.

The Fund is passively managed and may invest in equity securities (e.g. shares) listed and traded on regulated markets in the United States as well as financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) including exchange traded S&P 500 futures contracts. A futures contract is a contract whereby the Fund agrees to buy or sell an underlying asset at a predetermined price in the future. Cash may be held by the Fund for the purpose of providing cover for the exposure created by FDIs.

The return of the Fund will be compared with the return on an index which will initially be the S&P 500 Index (with net dividends), the Fund’s benchmark index.

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

Chart

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This chart shows the fund's performance as the percentage loss or gain per year over the last 1 years.

  2019 2020 2021 2022 2023
Total Return (%) 23.9
Benchmark (%) 23.6

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  From
30/Sept/2019
To
30/Sept/2020		 From
30/Sept/2020
To
30/Sept/2021		 From
30/Sept/2021
To
30/Sept/2022		 From
30/Sept/2022
To
30/Sept/2023		 From
30/Sept/2023
To
30/Sept/2024
Total Return (%)

as of 30/Sept/2024

- - - 15.22 27.21
Benchmark (%)

as of 30/Sept/2024

- - - 15.10 27.51
  1y 3y 5y 10y Incept.
Total Return (%) 32.46 - - - 21.44
Benchmark (%) 32.69 - - - 21.50
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 20.52 2.26 2.35 10.26 32.46 - - - 49.88
Benchmark (%) 20.91 2.23 2.42 10.44 32.69 - - - 50.04

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 SGD, 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
SGD 236’617’861
Share Class launch date
30/Sept/2022
Share Class Currency
SGD
Asset Class
Equity
Index Ticker
SPTR500N
Initial Charge
0.00
Management Fee
0.07%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
ISUSIDA
Net Assets of Fund
as of 20/Nov/2024
USD 2’973’575’652
Fund Launch Date
12/Nov/1998
Fund Base Currency
USD
Benchmark Index
S&P 500 Net Dividends Reinvested Index (Net USD)
SFDR Classification
Other
Ongoing Charges Figures
0.08%
ISIN
IE0000F26BG9
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BMTWLL8

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Aug/2024
121
3y Beta
as of -
-
P/B Ratio
as of 31/Oct/2024
0.37
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31/Oct/2024
12.16

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 (%)
APPLE INC 7.12
NVIDIA CORP 6.77
MICROSOFT CORP 6.26
AMAZON COM INC 3.61
META PLATFORMS INC CLASS A 2.57
Name Weight (%)
ALPHABET INC CLASS A 2.08
ALPHABET INC CLASS C 1.72
BERKSHIRE HATHAWAY INC CLASS B 1.71
BROADCOM INC 1.64
TESLA INC 1.44
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

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 D SGD 15.81 0.07 0.47 20/Nov/2024 15.95 11.96 IE0000F26BG9
Class D EUR 28.82 0.18 0.62 20/Nov/2024 28.98 21.10 IE00BDZS0987
Class D USD 27.44 0.00 0.00 20/Nov/2024 27.84 20.90 IE00BD0NCT25

Portfolio Managers

Portfolio Managers

Dharma Laloobhai
Dharma Laloobhai
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 SGD 15’000
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
11’560 SGD
-23.0%
6’090 SGD
-16.5%

Unfavourable

What you might get back after costs
Average return each year
12’190 SGD
-18.7%
18’200 SGD
3.9%

Moderate

What you might get back after costs
Average return each year
16’920 SGD
12.8%
27’380 SGD
12.8%

Favourable

What you might get back after costs
Average return each year
22’150 SGD
47.7%
33’890 SGD
17.7%

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



Literature

Literature