iShares World Equity Factor ETF
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100928-2024-03-09-02:29.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | WDMF* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | The Fund invests in a portfolio composed of developed market equities that have favourable exposure to four target style factors subject to constraints. |
INVESTMENT PROFILE | The Fund aims to provide investors with the performance of an |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 11-10-2016 |
BENCHMARK | MSCI World Diversified Multiple-Factor (AUD) Index |
FUND SIZE | MSCI World Diversified Multiple-Factor (AUD) Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 300+ |
FEES | 0.35% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of iSharesiShares ETFs are managed funds listed or quoted on exchanges (including ASX) providing you with the opportunity to gain exposure to a diversified portfolio of assets in a single transaction. The significant benefits of investing in the Funds include:
Other benefits of investing in iShares ETFs generally include:
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RISK LEVEL | 6 |
INVESTOR SUITABILITY | This product is likely to be appropriate for a consumer seeking capital growth with a medium to high risk/return profile. This product is unlikely to be appropriate for a consumer with a short investment timeframe. |
Risks
Title | |
Detail |
Key Features
About the FundThe fund aims to provide investors with the performance of an index, before fees and expenses, composed of developed market equities that have favourable exposure to four target style factors subject to constraints. Why WDMF?
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Mandate
How we invest your moneyThe Fund seeks to achieve its objective by tracking the performance of the MSCI World Diversified Multiple-Factor Net TR Index (AUD) (referred to as the Index). We believe that an optimisation investment strategy is the most appropriate investment strategy to track the performance of the Index as it takes into account liquidity and transaction cost impact and overall risk relative to the Index. Optimisation is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Index. The securities selected are expected to have, in aggregate, investment characteristics (based on factors such as market capitalisation and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Index. Therefore, the securities to which each Fund is exposed may or may not include all of the securities in its Index and the weighting of such securities may differ to the weighting of securities in the Index. What does the Fund invest in?The Fund generally invests primarily in the global developed market equity securities that form the Index. The Fund may have limited exposure to securities that are not constituents of the Index, including derivatives, where such securities provide similar performance (with matching risk profile) to Index securities. However, from time to time the Fund may invest in all constituents of the Index. The Fund may also be exposed to a small allocation of cash (or cash equivalents, that may include other BlackRock Group funds) for cash flow management purposes. About the IndexThe Index aims to reflect the performance characteristics of a For more information please see Section 8 of the PDS |