iShares China Large-Cap ETF (IZZ)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100929-2024-08-05-13:12.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | IZZ* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | The Fund seeks to achieve its objective by tracking the performance of the FTSE China 50 Net TR Index (AUD) (referred to in this section 4 of the PDS as the Index). |
INVESTMENT PROFILE | The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of 50 of the largest and most liquid Chinese companies which trade on the Hong Kong Stock Exchange. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 05-10-2004 |
BENCHMARK | FTSE China 50 Index |
FUND SIZE | FTSE China 50 Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 1 |
FEES | 0.60% 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 high to very high risk/return profile. This product is unlikely to be appropriate for a consumer with a short investment timeframe or as a whole portfolio solution. |
Risks
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Detail |
Key Features
About the FundThe fund seeks to track the investment results of an index composed of large-capitalisation Chinese equities that trade on the Hong Kong Stock Exchange. The index, the FTSE China 50 Index, consists of 50 of the largest and most liquid Chinese companies which trade on the Hong Kong Stock Exchange. Why IZZ?
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Mandate
How we invest your moneyThe Fund seeks to achieve its objective by tracking the performance of the FTSE China 50 Net TR Index (AUD) (referred to as the Index). We believe that an optimisation investment strategy is the most What does the Fund invest in?The Fund is generally exposed to the Chinese equity securities that form the Index and to depositary receipts representing securities of 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 be exposed to all constituents of the Index. The Fund obtains exposure to the aforementioned securities indirectly, by investing in the Underlying Fund, which invests in such securities. Generally, the Fund and Underlying 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 is designed to track the performance of the largest companies in the Chinese equity market that are available to international investors and consists of 50 of the largest and most liquid Chinese companies. Constituents of the Index are free float weighted based on their total market value, so that securities with higher total market values generally have a higher representation in the Index. For more information please see Section 4 of the PDS |