InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. iShares Edge MSCI Australia Multifactor ETF - Managed fund profile

iShares Edge MSCI Australia Multifactor ETF - Managed Fund

Fund Objective
The Fund aims to provide investors with the performance of f the MSCI Australia IMI Diversified Multiple-Factor Index (referred to in this section 5 of the PDS as the Index). index, before fees and expenses.
Fund Strategy
The Fund aims to provide investors with the performance of an index, before fees and expenses, composed of Australian equities that have favourable exposure to target style factors subject to constraints. The Fund seeks to achieve its objective by employing an optimisation strategy to track the performance of the MSCI Australia IMI Diversified Multiple-Factor Index.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.97% 2.42% 9.24% 26.89% 13.49% 7.86% 7.17% -%
Growth return -0.97% 2.42% 7.65% 22.25% 8.68% 2.61% 2.87% -%
Income return 0% 0% 1.59% 4.64% 4.81% 5.25% 4.3% -%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

iShares Edge MSCI Australia Multifactor ETF
Australian Equities
94.03%
Cash
0.06%
Property
5.91%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
Property
2.11%
International Equities
4.21%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
iShares Edge MSCI Australia Multifactor ETF
BlackRock Investment Mgmt (AUS) Ltd
Equity Australia Large Blend
starstarstar (as at 31 Oct 2024)
Investment Fund
11 Oct 2016
$81.94 million (as at 21 Nov 2024)
$31 (as at 30 Aug 2023)
$28.35 (as at 30 Aug 2023)
Open
Offer information
Type Description
MER 0.30% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 0.30% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 19 Nov 2024)

Holding (as at 19 Nov 2024) Type % of Portfolio
Commonwealth Bank of Australia Equity 8.78%
Login now to view the complete list of holdings.

FAQs about the iShares Edge MSCI Australia Multifactor ETF

The objective of the iShares Edge MSCI Australia Multifactor ETF managed fund is The Fund aims to provide investors with the performance of f the MSCI Australia IMI Diversified Multiple-Factor Index (referred to in this section 5 of the PDS as the Index). index, before fees and expenses.

The strategy of the iShares Edge MSCI Australia Multifactor ETF managed fund is The Fund aims to provide investors with the performance of an index, before fees and expenses, composed of Australian equities that have favourable exposure to target style factors subject to constraints. The Fund seeks to achieve its objective by employing an optimisation strategy to track the performance of the MSCI Australia IMI Diversified Multiple-Factor Index.

The APIR code of the iShares Edge MSCI Australia Multifactor ETF managed fund is .

iShares Edge MSCI Australia Multifactor ETF’s total return last month was -0.97%. This was made up of a growth return of -0.97% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

iShares Edge MSCI Australia Multifactor ETF’s total return for the last three months was 2.42%. This was made up of a growth return of 2.42% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

iShares Edge MSCI Australia Multifactor ETF’s one-year total return is 26.89%. This was made up of a growth return of 22.25% and an income return of 4.64%. These returns were calculated as at 31 Oct 2024.

iShares Edge MSCI Australia Multifactor ETF’s one-year total return is 7.86%. This was made up of a growth return of 2.61% and an income return of 5.25%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the iShares Edge MSCI Australia Multifactor ETF managed fund is :

Australian Equities
94.03%
Cash
0.06%
Property
5.91%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the iShares Edge MSCI Australia Multifactor ETF managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The iShares Edge MSCI Australia Multifactor ETF managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 21 Nov 2024, the size of the iShares Edge MSCI Australia Multifactor ETF managed fund was $81.94 million.

The iShares Edge MSCI Australia Multifactor ETF managed fund has an inception date of 11 Oct 2016.

The current entry price of the iShares Edge MSCI Australia Multifactor ETF managed fund is $31 per unit and the current exit price is $28.35 per unit (as at 30 Aug 2023).

The current exit price of the iShares Edge MSCI Australia Multifactor ETF managed fund is $28.35 per unit and the current entry price is $31 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the iShares Edge MSCI Australia Multifactor ETF managed fund is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.