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iShares Pacific ex Japan Equity Index Class H - Accumulation (GBP)

Sell:232.19p Buy:232.19p Change: 1.25p (0.54%)
Prices as at 22 May 2024
Change: 1.25p (0.54%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 May 2024
Change: 1.25p (0.54%)
Prices as at 22 May 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.

The Asia Pacific region is home to some of the world's most dynamic economies. This includes developed Asian countries such as Hong Kong and Singapore, as well as less mature economies like Taiwan and Malaysia. This fund is one of our favourite trackers in the area. It's run by a team with a great record of tracker fund investing and is available at low cost.

Our view on the sector

Asia is home to some of the most dynamic economies in the world and has the potential to grow strongly over the long term. Funds in this sector invest in more mature economies like Korea, Taiwan, Hong Kong and Singapore together with emerging economies such as the Philippines and Indonesia. Some also invest in other developed economies such as Australia. The region is home to some of the biggest economies in the world, like China and India, and a growing middle class means they're less reliant on exporting to the West. Domestic consumption and the growing use of technology could help drive the next phase of their growth. We think Asia is home to plenty of good investment opportunities but it's a higher-risk area to invest so a long-term approach is needed.

Performance Analysis

The fund's tracked its index closely since launch, helped by its low charges. Some value has been lost because of the costs involved, but that's to be expected with tracker funds.

Investment Philosophy

Tracker funds are one of the simplest ways to invest. They aim to match the performance of an index, rather than beat it. They usually do this by investing in every company in the index. This means they don't need analysts to research individual companies, which keeps costs to a minimum. If the fund's costs are low, it's likely to track the index more closely.

Process and Portfolio Construction

This fund invests in every company in the FTSE World Asia Pacific ex Japan Index and in the same proportion. This is called full replication and could help the fund track the performance of the index closely. The fund can also lend some of its investments to others in exchange for a fee, which helps to keep costs low. Since BlackRock's lending programme started in 1981, only three borrowers with active loans have defaulted. In each case, BlackRock was able to repurchase every security out on loan with collateral on hand and without any losses to their clients. Although stock lending is not without risk.

question mark Manager Track Record Based on HL Quantitative Research

  • iShares Pacific ex Japan Equity...
  • iShares Pacific ex Japan Equity...
  • FTSE AW Developed Asia Pacific...

Source: Refinitiv Lipper

Fund Track Record

22/05/19 to 22/05/20 22/05/20 to 22/05/21 22/05/21 to 22/05/22 22/05/22 to 22/05/23 22/05/23 to 22/05/24
Annual return -5.50% 37.99% 1.16% -0.62% 11.96%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Fund Management Group Comment

BlackRock was founded in 1988, growing steadily until the mergers with Merrill Lynch Investment Managers and Barclays Global Investors in 2006 and 2009, respectively. These resulted in a significant increase in assets under management and have turned BlackRock into a global company with deep roots in every region across the globe.

The range of BlackRock funds reflects this reach, with actively managed and tracker funds covering multiple asset classes over six continents.

Information about the fund

Fund manager biography

Manager Name: Kieran Doyle
Manager start date: 14 March 2016
Manager located in: TBC

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.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account