iShares Core MSCI World Ex Australia ESG ETF (IWLD)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101427-2024-03-09-02:29.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | IWLD* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | The Fund seeks to achieve its objective by tracking the performance of the MSCI World Ex Australia Custom ESG Leaders Index (AUD) (referred to in this section 5 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 global, developed market large and mid-capitalisation companies with better sustainability credentials relative to their sector peers. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 28-04-2016 |
BENCHMARK | MSCI World Investable Market Index |
FUND SIZE | MSCI World Investable Market Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | Around 10 |
FEES | 0.09% 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 | his 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
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Detail |
Key Features
About the Fund The fund aims to provide investors with the performance of the MSCI World Investable Market AUD Index, before fees and expenses. The index is designed to measure the performance of global, developed market large-, mid- and small- capitalisation companies. Why IWLD?
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Mandate
How we invest your moneyThe Fund seeksto achieve its objective by tracking the performance of the MSCI World Ex Australia Custom ESG Leaders Index (AUD) (referred to in this section 5 of the PDS as theIndex). What does the Fund invest in?The Fund will generally be exposed to the international developed market stocks that form the Index and to depositary receipts representing securities of the Index. The Fund may have limited exposure to securities that are not About the IndexThe Index is a free float‐adjusted market capitalisation weighted index that aims to represent the performance of companies in the MSCI World Ex Australia Index (referred to in this section 5 of the PDS as the Parent Index) with the exception of securities classified under select Global Industry Classification (GICS®) sub‐industries that have high Environmental, Social and Governance (“ESG”) ratings relative to their sector peers. The Parent Index represents large and mid cap securities across Developed Markets countries (excluding Australia). The Index tracked by IWLD aims to target sector weights that reflect the relative sector weights of the Parent Index to limit the systematic risk introduced by the ESG selection process. Overall, the Index targets 50% of the Parent Index. Eligibility for index inclusion is determined based on the following criteria: ESG Ratings: The Index uses MSCI ESG Ratings to identify companies For more information please see Section 6 of the PDS |