BlackRock iShares Environment and Low Carbon Tilt Real Estate Index Fund (UK) Class D Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/04/19 to 30/04/20 |
30/04/20 to 30/04/21 |
30/04/21 to 30/04/22 |
30/04/22 to 30/04/23 |
30/04/23 to 30/04/24 |
|
|---|---|---|---|---|---|
| Fund | -12.7% | 18.9% | 16.9% | -18.1% | 0.9% |
| Sector | -8.1% | 17.3% | 11.4% | -18.0% | 1.8% |
| Rank | 30/44 | 31/46 | 9/48 | 24/53 | 26/54 |
| Quartile | 3 | 3 | 1 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/04/24 |
5 Years to 30/04/24 |
10 Years to 30/04/24 |
||
| Fund | -1.2% | 0.1% | 5.5% | |
| Sector | -2.4% | 0.1% | 3.7% | |
| Rank | 11/48 | 21/44 | 11/33 | |
| Quartile | 1 | 2 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| PROLOGIS INC | 7.32 |
| EQUINIX | 6.11 |
| DIGITAL REALTY TRUST | 3.69 |
| AVALONBAY COMMUNITIES INC | 2.53 |
| WELLTOWER | 2.27 |
| EQUITY RESIDENTIAL PROPERTIES TRUST | 2.24 |
| PUBLIC STORAGE | 2.03 |
| Simon Property Group Inc Simon Property Group Inc USD0.0001 | 1.75 |
| VENTAS INC | 1.73 |
| ALEXANDRIA REAL ESTATE EQUITIES INC | 1.49 |
| Total | 31.16 |
Fund Aims
The aim of the Fund is to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) by tracking closely the performance of the FTSE EPRA/NAREIT Green Low Carbon Target Index (the “Benchmark Index”). Although the Fund aims to achieve its investment objective, there is no guarantee that this will be achieved. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result.
Fund Manager
CFA, Director and portfolio manager, is a member of BlackRock's Institutional Index Equity team.
Mr. Doyle's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Institutional Index Equity team. Prior to joining BGI, he was with KPMG. Mr. Doyle earned a master's degree in economics and finance from Bristol University in 2000.
Fund Overview
| Mid (03/05/2024) | 218.77p |
| Historic yield | 5.35% |
| Fund size (30/11/2023) | £5836.97m |
| Number of holdings | 469 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.18% |
| Launch date | 29/06/2012 |
Asset Allocation
| Property | 58.65% | |
| International Equities | 36.76% | |
| UK Equities | 0.91% | |
| Cash and Equivalents | 0.51% | |
| Commodities | 0.02% | |
| Alternative Trading Strategies | 0.01% | |
| International Bonds | 0.00% | |
| UK Corporate Bonds | 0.00% | |
| Other Assets | 3.14% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| Property | 58.65% | |
| International Equities | 36.76% | |
| UK Equities | 0.91% | |
| Cash and Equivalents | 0.51% | |
| Commodities | 0.02% | |
| Alternative Trading Strategies | 0.01% | |
| International Bonds | 0.00% | |
| UK Corporate Bonds | 0.00% | |
| Other Assets | 3.14% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Real Estate | 96.10% | - | - | - | |
| Real Estate | - | 96.10% | - | - | |
| Real Estate Investment Trusts | - | - | 82.07% | - | |
| Residential REITs | - | - | - | 14.96% | |
| Retail REITs | - | - | - | 14.43% | |
| Industrial REITs | - | - | - | 13.36% | |
| Other Specialty REITs | - | - | - | 12.56% | |
| Office REITs | - | - | - | 8.71% | |
| Health Care REITs | - | - | - | 5.81% | |
| Diversified REITs | - | - | - | 5.72% | |
| Hotel & Lodging REITs | - | - | - | 3.60% | |
| Storage REITs | - | - | - | 2.92% | |
| Real Estate Investment & Services | - | - | 14.03% | - | |
| Real Estate Holding and Development | - | - | - | 13.93% | |
| Real Estate Services | - | - | - | 0.10% | |
| Non-Classified | 3.35% | - | - | - | |
| Non-Classified | - | 3.05% | - | - | |
| Non-Classified | - | - | 3.05% | - | |
| Non-Classified | - | - | - | 3.05% | |
| Cash and Equivalents | 0.51% | - | - | - | |
| Commodities | 0.02% | - | - | - | |
| Commodities | - | 0.02% | - | - | |
| Commodities | - | - | 0.02% | - | |
| Commodities | - | - | - | 0.02% | |
| Consumer Discretionary | 0.01% | - | - | - | |
| Consumer Products & Services | - | 0.01% | - | - | |
| Consumer Services | - | - | 0.01% | - | |
| Storage Facilities | - | - | - | 0.01% | |
| Alternative Trading Strategies | 0.01% | - | - | - | |
| Alternative Trading Strategies | - | 0.01% | - | - | |
| Alternative Trading Strategies | - | - | 0.01% | - | |
| Alternative Trading Strategies | - | - | - | 0.01% | |
| Bonds | 0.00% | - | - | - | |
Regional Allocation
| Property | 57.92% | |
| North America | 21.00% | |
| Developed Europe - Excl UK | 6.17% | |
| Developed Asia | 5.01% | |
| Japan | 4.09% | |
| Non-Classified | 3.17% | |
| UK | 1.08% | |
| Australia & New Zealand | 0.67% | |
| Cash and Equivalents | 0.51% | |
| Other Regions | 0.38% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 100.00% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Property | 57.92% | - | |
| North America | 21.00% | - | |
United States
|
- | 20.70% | |
Canada
|
- | 0.30% | |
| Developed Europe - Excl UK | 6.17% | - | |
Germany
|
- | 2.00% | |
Sweden
|
- | 1.82% | |
Switzerland
|
- | 1.02% | |
France
|
- | 0.52% | |
Luxembourg
|
- | 0.20% | |
Spain
|
- | 0.19% | |
Finland
|
- | 0.17% | |
Belgium
|
- | 0.16% | |
Norway
|
- | 0.05% | |
Netherlands
|
- | 0.02% | |
| Developed Asia | 5.01% | - | |
Hong Kong
|
- | 3.42% | |
Singapore
|
- | 1.59% | |
| Japan | 4.09% | - | |
Japan
|
- | 4.09% | |
| Non-Classified | 3.17% | - | |
| UK | 1.08% | - | |
United Kingdom
|
- | 1.08% | |
| Australia & New Zealand | 0.67% | - | |
Australia
|
- | 0.58% | |
New Zealand
|
- | 0.09% | |
| Cash and Equivalents | 0.51% | - | |
| Middle East & Africa | 0.36% | - | |
Israel
|
- | 0.36% | |
| Emerging Asia | 0.02% | - | |
South Korea
|
- | 0.02% | |
Breakdown By Market Cap (%)
| Mega |
|
23.63% |
| Large |
|
40.36% |
| Medium |
|
25.92% |
| Small |
|
4.34% |
| Micro |
|
0.10% |
| Non-Classified |
|
5.14% |
| Cash |
|
0.51% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | PROLOGIS INC | 7.32% | Real Estate Investment Trusts | Direct Property and REITs |
| 2 | EQUINIX | 6.11% | Real Estate Investment Trusts | United States |
| 3 | DIGITAL REALTY TRUST | 3.69% | Real Estate Investment Trusts | United States |
| 4 | AVALONBAY COMMUNITIES INC | 2.53% | Real Estate Investment Trusts | Direct Property and REITs |
| 5 | WELLTOWER | 2.27% | Real Estate Investment Trusts | Direct Property and REITs |
| 6 | EQUITY RESIDENTIAL PROPERTIES TRUST | 2.24% | Real Estate Investment Trusts | Direct Property and REITs |
| 7 | PUBLIC STORAGE | 2.03% | Real Estate Investment Trusts | United States |
| 8 | Simon Property Group Inc Simon Property Group Inc USD0.0001 | 1.75% | Real Estate Investment Trusts | Direct Property and REITs |
| 9 | VENTAS INC | 1.73% | Real Estate Investment Trusts | Direct Property and REITs |
| 10 | ALEXANDRIA REAL ESTATE EQUITIES INC | 1.49% | Real Estate Investment Trusts | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Real Estate | 0.91% | 36.75% | - | - | - | 58.44% | 0.11% | - | 96.21% |
| Consumer Discretionary | - | 0.01% | - | - | - | - | - | - | 0.01% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.51% | 0.51% |
| Bonds | - | - | - | - | - | - | - | - | - |
| Non-Classified | - | - | - | - | - | 0.21% | 3.06% | - | 3.27% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B5BFJG7 |
| Mex Code | MYKAAS |
| Isin Code | GB00B5BFJG71 |
| Citi Code | G6IA |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.18% |
Aims and Benchmark
| Aims | The aim of the Fund is to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) by tracking closely the performance of the FTSE EPRA/NAREIT Green Low Carbon Target Index (the “Benchmark Index”). Although the Fund aims to achieve its investment objective, there is no guarantee that this will be achieved. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result. |
| Benchmark | FTSE EPRA/NAREIT Green Low Carbon Target Index |
| Benchmark Category | - |
| IA Sector | Other Property |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 March | 30 April |
| 01 September | 31 October |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | BNY Mellon Trust & Depositary (UK) Ltd |
| Fund Administrator | IFDS |
| Fund Registrar | IFDS |
| Fund Custodian | The Bank of New York Mellon (International) Limited |
Group Details
| Group name | BlackRock Investment Management (UK) Limited |
| Group address | 12 Throgmorton Avenue London EC2N 2DL |
| Group telephone | 08457 405 405 |
| Dealing telephone | 0800 445522 |
| broker.services@blackrock.com | |
| Homepage | www.blackrock.co.uk |
| Fax number | 020 7743 1135 |
Dealing
| Minimum Investment | £100000 |
| Minimum Top Up | £100 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.42 |
| Beta | 1.07 |
| Sharpe | -0.01 |
| Standard Deviation | 15.44 |
| Info Ratio | 0.04 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | Yes |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | Yes |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Sector Specific
The fund invests in specific sectors. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Property
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Liquidity
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.