Equity

iShares World ex Switzerland ESG Screened Equity Index Fund (CH)

  • NAV as of 20/Nov/2024 CHF 1’104.02
  • 1 Day NAV Change as of 20/Nov/2024 2.43 (0.22%)

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 MSCI World ex Switzerland ESG Screened ex Select Securities Index (a custom index calculated by MSCI based on the stock exclusions provided by SVVK-ASIR (Swiss Association for Responsible Investments)) (the Fund’s benchmark index).

The Fund aims to invest so far as possible and practicable in the equity securities (such as shares) that make up the benchmark index.

The benchmark index measures the performance of a sub-set of equity securities within the MSCI World ex Switzerland Index (the “Parent Index”) which excludes issuers from the Parent Index based on the index provider's environmental, social and governance (ESG) exclusionary criteria. In addition, the benchmark index also excludes a set of securities based on an exclusion list provided by the Swiss Association for Responsible Investments (SVVK – ASIR).

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.

The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. - The benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider. Investors should therefore make a personal ethical assessment of the benchmark index’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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Performance

Performance

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 CHF, hedged share class benchmark performance is displayed in CHF.

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
CHF 277’379’042
Share Class launch date
30/Apr/2024
Share Class Currency
CHF
Asset Class
Equity
Initial Charge
0.00
Management Fee
0.00%
Performance Fee
0.00%
Domicile
Switzerland
Management Company
BlackRock Asset Management Schweiz AG
Dealing Settlement
Trade Date + 2 days
SEDOL
BD3G1C4
Net Assets of Fund
as of 20/Nov/2024
CHF 1’325’722’736
Fund Launch Date
09/Dec/2020
Fund Base Currency
CHF
Benchmark Index
MSCI WORLD ex SWITZ ESG SCREENED ex SEL SEC - Net (CHF)
Ongoing Charges Figures
0.00%
ISIN
CH0424707815
Use of Income
Accumulating
Regulatory Structure
Non-UCITS KIID
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
1’297
3y Beta
as of -
-
P/B Ratio
as of 20/Nov/2024
3.61
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 20/Nov/2024
24.59

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

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 20/Nov/2024
Name Weight (%)
NVIDIA CORP 5.44
APPLE INC 5.06
MICROSOFT CORP 4.44
AMAZON COM INC 2.88
META PLATFORMS INC CLASS A 1.88
Name Weight (%)
ALPHABET INC CLASS A 1.57
TESLA INC 1.49
ALPHABET INC CLASS C 1.36
BROADCOM INC 1.09
JPMORGAN CHASE & CO 1.05
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 20/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 20/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 20/Nov/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 Y1 CHF CHF 1’104.02 2.43 0.22 20/Nov/2024 1’114.38 937.51 CH0424707815
Class X1 CHF 1’533.23 3.37 0.22 20/Nov/2024 1’547.62 1’190.51 CH0424707278
Class X1 H-CHF Hedged CHF 1’336.10 -15.71 -1.16 30/Apr/2024 1’386.39 1’106.23 CH0424707534
Class Y1 H-CHF Hedged CHF 1’120.14 -0.46 -0.04 20/Nov/2024 1’135.90 994.54 CH0424707849

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 CHF 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
7’660 CHF
-23.4%
3’620 CHF
-18.4%

Unfavourable

What you might get back after costs
Average return each year
8’310 CHF
-16.9%
11’210 CHF
2.3%

Moderate

What you might get back after costs
Average return each year
10’830 CHF
8.3%
15’020 CHF
8.5%

Favourable

What you might get back after costs
Average return each year
14’970 CHF
49.7%
18’900 CHF
13.6%

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



Literature

Literature