Morningstar Fund Report  | 03/04/2025Print

iShares Japan Equity Index Fund (UK) D Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
iShares Japan Equity Index Fund (UK) D Acc
Fund1.9-7.313.89.1-1.3
+/-Cat-0.4-0.11.8-0.10.7
+/-B’mrk-0.4-1.50.5-1.21.3
 
Category: Japan Large-Cap Equity
Category Benchmark: Morningstar Japan TME NR JPY
Key Stats
NAV
01/04/2025		 GBX 305.86
Day Change 0.28%
Morningstar Category™ Japan Large-Cap Equity
IA (formerly IMA) Sector Japan
ISIN GB00B6QQ9X96
Fund Size (Mil)
31/03/2025		 GBP 3735.05
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
10/02/2025		  0.08%
Morningstar Research
Analyst Report29/11/2024
Kenneth Lamont, Senior Analyst
Morningstar, Inc

IShares Japan Equity Index is one of the very best trackers in a Morningstar Category in which passive funds have performed well. The fund offers broad and representative cap-weighted exposure to Japanese large-cap equities. For this reason, we...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process25
Performance
Price
Investment Objective: iShares Japan Equity Index Fund (UK) D Acc
The aim of the Fund is to provide a return on investor's investment (generated through an increase in the value of the assets held by the Fund) by tracking closely the performance of the FTSE Japan Index (the “Benchmark Index”). In seeking to achieve its investment objective, the Fund will invest directly into the equities (i.e. shares) of companies in the Benchmark Index and at times invest indirectly via other equity-related investments (i.e. other investments whose value is related to equities) giving exposure to such companies.
Returns
Trailing Returns (GBP)01/04/2025
YTD-1.02
3 Years Annualised6.51
5 Years Annualised8.86
10 Years Annualised6.81
12 Month Yield 1.98
Management
Manager Name
Start Date
Kieran Doyle
14/03/2016
Inception Date
29/06/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Japan TR GBPMorningstar Japan TME NR JPY
Portfolio Profile for  iShares Japan Equity Index Fund (UK) D Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.880.0099.88
Bond0.000.000.00
Property0.000.000.00
Cash1.821.700.12
Other0.000.000.00
Top 5 Regions%
Japan100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Industrials22.73
Technology15.50
Consumer Cyclical15.37
Financial Services15.07
Communication Services8.68
Top 5 HoldingsSector%
Toyota Motor CorpConsumer CyclicalConsumer Cyclical4.53
Sony Group CorpTechnologyTechnology3.26
Mitsubishi UFJ Financial Group IncFinancial ServicesFinancial Services3.13
Hitachi LtdIndustrialsIndustrials2.42
Sumitomo Mitsui Financial Group IncFinancial ServicesFinancial Services2.05
Increase Decrease New since last portfolio
iShares Japan Equity Index Fund (UK) D Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  iShares Japan Equity Index Fund (UK) D Acc
Category:  Japan Large-Cap Equity
Category Index:  Morningstar Japan TME NR JPY
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-9.4517.2711.181.86-7.3413.859.13-1.29
+/- Category0.922.54-0.67-0.43-0.091.78-0.150.72
+/- Category Index-2.182.920.83-0.43-1.450.49-1.161.33
% Rank in Category4720405957276132
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.28   0.401.24
1 Week-3.34   0.091.76
1 Month-1.81   0.571.00
3 Months-1.02   0.973.44
6 Months-1.03   0.75-1.35
YTD-1.02   0.972.29
1 Year-3.04   -0.320.52
3 Years Annualised6.51   1.220.42
5 Years Annualised8.86   0.540.07
10 Years Annualised6.81   0.280.34
 
Category: Japan Large-Cap Equity
Category Index: Morningstar Japan TME NR JPY
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.29---
202411.41-4.151.500.69
20234.123.652.143.28
2022-4.87-6.922.142.46
2021-0.42-0.506.63-3.59
2020-12.6613.622.139.70
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average4 star
5-YearAbove AverageBelow Average4 star
10-YearAverageAverage3 star
Overall*AverageAverage4 star
 
Category :  Japan Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.14 %
3-Yr Mean Return6.64 %
 
3-Yr Sharpe Ratio0.24
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Japan TME NR JPY  Morningstar Japan TME NR JPY
3-Yr Beta0.880.89
3-Yr Alpha1.491.64
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 21163-
Market Capitalisation% of Equity
Giant46.95
Large34.38
Medium18.57
Small0.11
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.330.98
Price/Book1.230.96
Price/Sales0.940.94
Price/Cash Flow7.230.95
Dividend-Yield Factor2.561.05
 
Long-Term Projected Earnings Growth9.821.01
Historical Earnings Growth13.080.97
Sales Growth7.730.93
Cash-Flow Growth12.850.83
Book-Value Growth9.180.97
 
Category: Japan Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.880.0099.88
Bond0.000.000.00
Property0.000.000.00
Cash1.821.700.12
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.00-
Canada0.00-
Latin America0.00-
United Kingdom0.000.00
Eurozone0.00-
Europe - ex Euro0.00-
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan100.001.00
Australasia0.00-
Asia - Developed0.000.00
Asia - Emerging0.00-
 
Category: Japan Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.391.02
Consumer CyclicalConsumer Cyclical15.371.03
Financial ServicesFinancial Services15.070.96
Real EstateReal Estate3.811.18
Consumer DefensiveConsumer Defensive5.211.04
HealthcareHealthcare7.230.97
UtilitiesUtilities1.221.83
Communication ServicesCommunication Services8.680.95
EnergyEnergy0.801.35
IndustrialsIndustrials22.731.05
TechnologyTechnology15.500.90
 
Category: Japan Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings494
Total Number of Bond Holdings0
Assets in Top 10 Holdings23.46
NameSectorCountry% of Assets
Toyota Motor Corp102Japan4.53
Sony Group Corp311Japan3.26
Mitsubishi UFJ Financial Group Inc103Japan3.13
Hitachi Ltd310Japan2.42
Sumitomo Mitsui Financial Group Inc103Japan2.05
Recruit Holdings Co Ltd308Japan1.81
Nintendo Co Ltd308Japan1.69
Keyence Corp311Japan1.59
Mizuho Financial Group Inc103Japan1.54
Tokio Marine Holdings Inc103Japan1.45
 
Increase Decrease New since last portfolio
Category: Japan Large-Cap Equity
 
Management
Name of CompanyBlackRock Fund Managers Limited
Phone020 7743 3000
Website -
Address12 Throgmorton Avenue
 London   EC2N 2DL
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date29/06/2012
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerKieran Doyle
Manager Start Date14/03/2016
 
Biography
Kieran Doyle, CFA, Vice President 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.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.07%
Ongoing Charge0.08%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsYes