Equity

EUXS

iShares MSCI Europe ex-UK GBP Hedged UCITS ETF (Dist)

  • NAV as of 28/Nov/2024 GBP 7.14
    52 WK: 6.45 - 7.60
  • 1 Day NAV Change as of 28/Nov/2024 0.04 (0.54%)
  • NAV Total Return as of 28/Nov/2024 YTD: 8.55%

Overview

WHY EUXS?

  1. Diversified exposure to European companies
  2. Direct investment in a broad range of European companies excluding UK
  3. Regional exposure

INVESTMENT OBJECTIVE

The Fund seeks to track the performance of an index composed of companies from developed countries in Europe, excluding the UK, which also hedges each currency exposure in the index back to GBP on a monthly basis.

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 your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The currency hedging is designed to reduce, but cannot eliminate the impact of currency movements between the Base Currency and the currencies in which some or all of the underlying investments are transacted. Depending on the exchange rates, this may have a positive or negative impact on the performance of the Fund.



All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company
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Performance

Performance

Chart

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The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in GBP, hedged fund benchmark performance is displayed in GBP.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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

Distributions

Record Date Ex-Date Payable Date
View full table
Record Date Ex-Date Payable Date Total Distribution
For more information: +353 1 612 3394 • www.blackrock.com • investor.services@blackrock.com

This chart shows the fund's performance as the percentage loss or gain per year over the last 8 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 2.8 14.4 -10.2 27.4 1.1 24.1 -12.1 18.5
Benchmark (%) 2.7 14.3 -10.3 27.3 1.3 24.1 -12.2 18.5
  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

-3.22 27.89 -15.49 23.18 20.77
Benchmark (%)

as of 30/Sept/2024

-3.07 27.88 -15.56 23.09 20.75
  1y 3y 5y 10y Incept.
Total Return (%) 20.88 5.34 8.26 - 6.37
Benchmark (%) 20.86 5.30 8.25 - 6.32
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 9.33 -3.13 -1.86 1.09 20.88 16.89 48.69 - 80.77
Benchmark (%) 9.27 -3.12 -1.84 1.03 20.86 16.75 48.67 - 79.94

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 GBP.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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 of Fund
as of 28/Nov/2024
GBP 134,951,021
Base Currency
GBP
Benchmark Index
MSCI Europe ex UK 100% Hedged to GBP Index
Shares Outstanding
as of 28/Nov/2024
18,900,000
ISIN
IE00BVDPJP67
Use of Income
Distributing
Domicile
Ireland
Rebalance Frequency
Semi-Annual
UCITS
Yes
Fund Manager
BlackRock Asset Management Ireland Limited
Custodian
The Bank of New York Mellon SA/NV, Dublin Branch
Bloomberg Ticker
EUXS LN
ISA Eligibility
Yes
Fund Launch Date
31/Mar/2015
Asset Class
Equity
SFDR Classification
Other
Total Expense Ratio
0.40%
Distribution Frequency
Quarterly
Securities Lending Return
as of 30/Sept/2024
0.02%
Product Structure
Physical
Methodology
Optimised
Issuing Company
iShares plc
Administrator
BNY Mellon Fund Services (Ireland) Designated Activity Company
Fiscal Year End
31 May
SIPP Available
Yes
UK Reporting Status
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28/Nov/2024
337
Benchmark Ticker
M0EUGHGB
Standard Deviation (3y)
as of 31/Oct/2024
14.19%
P/E Ratio
as of 28/Nov/2024
15.04
Benchmark Level
as of 28/Nov/2024
GBP 368.92
12 Month Trailing Dividend Distribution Yield
as of 28/Nov/2024
2.20%
3y Beta
as of 31/Oct/2024
1.000
P/B Ratio
as of 28/Nov/2024
2.12

Ratings

Registered Locations

Registered Locations

  • Ireland

  • Portugal

  • Saudi Arabia

  • Switzerland

  • United Kingdom

Holdings

Holdings

Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Nominal ISIN Price Location Exchange Market Currency
Detailed Holdings and Analytics
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 28/Nov/2024

% of Market Value

Type Fund
as of 28/Nov/2024

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
Allocations are subject to change.

Securities Lending

Securities Lending

Securities lending is an established and well regulated activity in the investment management industry. It involves the transfer of securities (such as shares or bonds) from a Lender (in this case, the iShares fund) to a third-party (the Borrower). The Borrower will give the Lender collateral (the Borrower’s pledge) in the form of shares, bonds or cash, and will also pay the Lender a fee. This fee provides additional income for the fund and thus can help to reduce the total cost of ownership of an ETF.

 

At BlackRock, securities lending is a core investment management function with dedicated trading, research and technology capabilities. The lending programme is designed to deliver superior absolute returns to clients, whilst maintaining a low risk profile. Funds participating in securities lending retain 62.5% of the income, while BlackRock receives 37.5% of the income and covers all the operational costs resulting from securities lending transactions.

 

  From
30-Sept-2014
To
30-Sept-2015		 From
30-Sept-2015
To
30-Sept-2016		 From
30-Sept-2016
To
30-Sept-2017		 From
30-Sept-2017
To
30-Sept-2018		 From
30-Sept-2018
To
30-Sept-2019		 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
Securities Lending Return (%) 0.00 0.01 0.02 0.02 0.03 0.03 0.03 0.04 0.02
Average on-loan (% of AUM) 0.43 1.29 5.58 8.96 9.11 12.47 13.67 14.54 6.72
Maximum on-loan (% of AUM) 6.95 6.05 13.78 17.18 18.88 19.37 20.52 19.87 12.27
Collateralisation (% of Loan) 111.05 110.32 110.20 110.82 111.84 111.50 110.54 110.33 111.43
The above table summarises the lending data available for the fund.

The information in the Lending Summary table will not be displayed for the funds that have participated in securities lending for less than 12 months. The figures shown relate to past performance. Past performance is not a reliable indication of current or future results.
BlackRock’s policy is to disclose performance information quarterly subject to a one-month delay. This means that returns from 01/01/2019 to 31/12/2019 can be publicly disclosed from 01/02/2020.

Maximum on-loan figure may increase or decrease over time.

With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.
as of 09/Oct/2017
Ticker Name Asset Class Weight % ISIN SEDOL Exchange Location
Download Collateral Snapshot
Collateral Holdings shown on this page are provided on days where the fund participating in securities lending had an open loan.

The information in the Collateral Holdings table relates to securities obtained in the collateral basket under the securities lending programme for the fund in question. The information contained in this material is derived from proprietary and non-proprietary sources deemed by BlackRock to be reliable, is not necessarily all inclusive and is not guaranteed as to accuracy. Reliance upon information in this material is at the sole discretion of the reader. The primary risk in securities lending is that a borrower will default on their commitment to return lent securities while the value of the liquidated collateral does not exceed the cost of repurchasing the securities and the fund suffers a loss in respect of the short-fall.
The below table shows the Loan/Collateral Combinations and Collateral Levels for our European Lending funds.
Collateral Types
Loan Type Equities Government, Supranational and Agency Bonds Cash (Not for Reinvestment)
Equities 105%-112% 105%-106% 105%-108%
Government Bonds 110%-112% 102.5%-106% 102.5%-105%
Corporate Bonds 110%-112% 104%-106% 103.5%-105%

We also accept selected physically replicating Equity, Government Bond, Credit and Commodity ETFs as collateral.

Collateral parameters depend on the collateral and the loan combination, and the over collateralisation level may range from 102.5% to 112%. In this context, “Over Collateralisation” means that the aggregate market value of collateral taken will exceed the overall on-loan value. Collateral parameters are reviewed on an ongoing bases and are subject to change.
With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC
London Stock Exchange EUXS GBP 02/Apr/2015 BVDPJP6 EUXS LN EUXS.L
Berne Stock Exchange EUXS CHF 02/Feb/2021 BLB3FZ4 EUXS BW EUXS.BN

Literature

Literature