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  5. iShares Hedged International Equity Index - Managed fund profile

iShares Hedged International Equity Index - Managed Fund

Fund Objective
The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex Australia IndexSM (hedged in AUD with net dividends reinvested) (the 'Index').
Fund Strategy
The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex-Australia Net TR Index (hedged in AUD) (index). To achieve its investment objective the Fund invests in units of the iShares Wholesale International Equity Index Fund (underlying fund), another fund managed by the company that has the same (unhedged) investment strategy as the Fund. The Fund also invests in currency forward contacts, which are used to implement the passive currency hedge.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.9% 2.24% 10.11% 31.76% 19.57% 6.31% 11.14% 10.35%
Growth return -0.9% 2.24% 6.63% 27.59% 17.66% 4.55% 6.17% 2.62%
Income return 0% 0% 3.48% 4.17% 1.91% 1.76% 4.97% 7.73%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

iShares Hedged International Equity Index
International Equities
96.02%
Cash
3.02%
Property
0.95%
Australian Equities
0%
Alternatives
0%
Average Allocation of Peers
International Equities
97.66%
Cash
1.85%
Property
0.41%
Australian Equities
0.07%
Alternatives
0.01%

General Information

Fund Details
Type Description
iShares Hedged International Equity Index (Wholesale)
BlackRock Investment Mgmt (AUS) Ltd
BGL0044AU
Equity World - Currency Hedged
starstarstarstarstar (as at 31 Oct 2024)
Investment Fund
1 Jul 2009
$4056.09 million (as at 31 Aug 2024)
$0.6789 (as at 20 Nov 2024)
$0.67815 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.20% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 0.20% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Apple Inc Equity 4.79%
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FAQs about the iShares Hedged International Equity Index

The objective of the iShares Hedged International Equity Index managed fund is The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex Australia IndexSM (hedged in AUD with net dividends reinvested) (the 'Index').

The strategy of the iShares Hedged International Equity Index managed fund is The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex-Australia Net TR Index (hedged in AUD) (index). To achieve its investment objective the Fund invests in units of the iShares Wholesale International Equity Index Fund (underlying fund), another fund managed by the company that has the same (unhedged) investment strategy as the Fund. The Fund also invests in currency forward contacts, which are used to implement the passive currency hedge.

The APIR code of the iShares Hedged International Equity Index managed fund is BGL0044AU.

iShares Hedged International Equity Index’s total return last month was -0.9%. This was made up of a growth return of -0.9% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

iShares Hedged International Equity Index’s total return for the last three months was 2.24%. This was made up of a growth return of 2.24% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

iShares Hedged International Equity Index’s one-year total return is 31.76%. This was made up of a growth return of 27.59% and an income return of 4.17%. These returns were calculated as at 31 Oct 2024.

iShares Hedged International Equity Index’s one-year total return is 6.31%. This was made up of a growth return of 4.55% and an income return of 1.76%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the iShares Hedged International Equity Index managed fund is :

International Equities
96.02%
Cash
3.02%
Property
0.95%
Australian Equities
0%
Alternatives
0%

The Responsible Entity for the iShares Hedged International Equity Index managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The iShares Hedged International Equity Index managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 31 Aug 2024, the size of the iShares Hedged International Equity Index managed fund was $4056.09 million.

The iShares Hedged International Equity Index managed fund has an inception date of 1 Jul 2009.

The current entry price of the iShares Hedged International Equity Index managed fund is $0.6789 per unit and the current exit price is $0.67815 per unit (as at 20 Nov 2024).

The current exit price of the iShares Hedged International Equity Index managed fund is $0.67815 per unit and the current entry price is $0.6789 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the iShares Hedged International Equity Index managed fund is $500,000. Minimum additional investment 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.