Equity

DFND

iShares Global Aerospace & Defence UCITS ETF

  • NAV as of 21/Nov/2024 USD 6.02
  • 1 Day NAV Change as of 21/Nov/2024 0.03 (0.58%)

Overview

WHY DFND?

  1. Exposure to developed market equity securities of companies within the Global Industry Classification Standard (GICS) industryof Aerospace and Defense.
  2. Exposure includes manufacturers of civil or military aerospace and defence equipment, parts or products, defence electronics and space equipment.
  3. The Benchmark Index caps the weights of the largest companies on a monthly basis to help ensure index diversification.

INVESTMENT OBJECTIVE

The fund aims to achieve a total return, through a combination of capital and income returns, which reflects the return of the S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index, the Fund’s benchmark index (“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.

Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events. 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.

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

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 USD, 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. 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
as of 21/Nov/2024
USD 150,582,983
Inception Date
01/Feb/2024
Share Class Currency
USD
Asset Class
Equity
SFDR Classification
Other
Total Expense Ratio
0.35%
Use of Income
Accumulating
Domicile
Ireland
Rebalance Frequency
Annual
UCITS
Yes
Fund Manager
BlackRock Asset Management Ireland Limited
Custodian
State Street Custodial Services (Ireland) Limited
Bloomberg Ticker
DFND NA
ISA Eligibility
Yes
Net Assets of Fund
as of 19/Nov/2024
USD 146,505,527
Fund Launch Date
01/Feb/2024
Base Currency
USD
Benchmark Index
S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index NR
Shares Outstanding
as of 21/Nov/2024
25,000,000
ISIN
IE000U9ODG19
Securities Lending Return
-
Product Structure
Physical
Methodology
Replicated
Issuing Company
iShares V plc
Administrator
State Street Fund Services (Ireland) Limited
Fiscal Year End
30 November
SIPP Available
Yes
UK Reporting Status
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 21/Nov/2024
59
Benchmark Ticker
SPDBADUN
3y Beta
as of -
-
P/B Ratio
as of 21/Nov/2024
4.57
Benchmark Level
as of 21/Nov/2024
USD 4,778.03
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 21/Nov/2024
29.05

Ratings

Registered Locations

Registered Locations

  • Austria

  • Czech Republic

  • Denmark

  • Finland

  • France

  • Germany

  • Hungary

  • Ireland

  • Italy

  • Liechtenstein

  • Luxembourg

  • Netherlands

  • Norway

  • Poland

  • Saudi Arabia

  • Slovak Republic

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

Issuer Ticker Name Type 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 21/Nov/2024

% of Market Value

Type Fund
as of 21/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.

 

Lending Summary not available as there is less than one year's performance data
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 -
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
Euronext Amsterdam DFND USD 05/Feb/2024 BMGCDD7 DFND NA DFND.AS
Borsa Italiana DFND EUR 26/Jul/2024 BQLSX16 DFND IM DFND.MI
Nyse Euronext - Euronext Paris DFND EUR 10/Jul/2024 BPLYSH8 DFND NA DFND.PA
SIX Swiss Exchange DFND USD 30/Apr/2024 BPG5P19 DFND SE DFND.S

Literature

Literature