Morningstar Fund Report  | 07/04/2025Print

iShares Environment & Low Carbon Tilt Real Estate Index Fund (UK) X Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
iShares Environment & Low Carbon Tilt Real Estate Index Fund (UK) X Acc
Fund28.4-15.24.30.5-1.5
+/-Cat2.72.5-0.7-0.4-0.1
+/-B’mrk4.3-0.31.4-3.0-1.4
 
Category: Property - Indirect Global
Category Benchmark: Morningstar Gbl Real Est TM...
Key Stats
NAV
07/04/2025		 GBX 201.86
Day Change -3.44%
Morningstar Category™ Property - Indirect Global
IA (formerly IMA) Sector Property Other
ISIN GB00B653WK99
Fund Size (Mil)
31/03/2025		 GBP 5894.49
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
10/02/2025		  0.02%
Morningstar Research
Analyst Report14/01/2025
Kenneth Lamont, Senior Analyst
Morningstar, Inc

IShares Environmental & Low Carbon Tilt Real Estate Index changed its benchmark to the FTSE EPRA Nareit Developed Green Low Carbon Target Index in November 2022. The new strategy uses an optimiser to reweight holdings to meet specified goals...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process23
Performance
Price
Investment Objective: iShares Environment & Low Carbon Tilt Real Estate Index Fund (UK) X 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 EPRA NAREIT Developed Green Low Carbon Target 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, or in other equities not in the Index.
Returns
Trailing Returns (GBP)07/04/2025
YTD-7.39
3 Years Annualised-6.21
5 Years Annualised3.84
10 Years Annualised2.82
12 Month Yield 2.89
Management
Manager Name
Start Date
Not Disclosed
15/11/2010
Inception Date
30/04/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE EPRA NAREIT Dev Grn L Cr Tgt TR GBPMorningstar Gbl Real Est TME NR USD
Portfolio Profile for  iShares Environment & Low Carbon Tilt Real Estate Index Fund (UK) X Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.340.0098.34
Bond0.010.000.01
Property0.000.000.00
Cash1.040.031.01
Other0.630.000.63
Top 5 Regions%
United States67.75
Japan7.45
Eurozone6.46
Asia - Developed4.70
Europe - ex Euro4.17
Top 5 Sectors%
Real Estate100.00
Top 5 HoldingsSector%
Prologis IncReal EstateReal Estate6.09
Welltower IncReal EstateReal Estate5.20
Equinix IncReal EstateReal Estate4.07
Realty Income CorpReal EstateReal Estate3.94
Public StorageReal EstateReal Estate3.67
Increase Decrease New since last portfolio
iShares Environment & Low Carbon Tilt Real Estate Index Fund (UK) X Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  iShares Environment & Low Carbon Tilt Real Estate Index Fund (UK) X Acc
Category:  Property - Indirect Global
Category Index:  Morningstar Gbl Real Est TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return0.1617.89-11.5728.41-15.244.260.51-1.50
+/- Category2.360.86-2.742.702.48-0.68-0.35-0.06
+/- Category Index2.501.56-3.904.29-0.271.36-3.01-1.41
% Rank in Category2342663223575953
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.44   -1.45-1.21
1 Week-5.98   -3.34-1.43
1 Month-7.21   -0.291.02
3 Months-7.48   -2.03-1.26
6 Months-11.41   -2.44-3.04
YTD-7.39   -2.88-2.31
1 Year-2.39   -1.79-3.54
3 Years Annualised-6.21   0.00-1.75
5 Years Annualised3.84   -1.16-0.96
10 Years Annualised2.82   0.14-0.43
 
Category: Property - Indirect Global
Category Index: Morningstar Gbl Real Est TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.50---
2024-2.32-2.7910.09-3.86
2023-4.33-0.54-1.9111.70
2022-0.19-11.53-3.80-0.23
20216.288.122.918.58
2020-23.1410.36-2.296.70
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAbove AverageAbove Average3 star
10-YearAverageAbove Average3 star
OverallAverageAbove Average3 star
 
Category :  Property - Indirect GlobalClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.33 %
3-Yr Mean Return-3.19 %
 
3-Yr Sharpe Ratio-0.47
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Real Est TME NR USD  Morningstar Gbl Real Est TME NR USD
3-Yr Beta0.970.97
3-Yr Alpha-2.23-2.23
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 13098-
Market Capitalisation% of Equity
Giant0.55
Large24.51
Medium55.30
Small16.61
Micro3.03
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings25.021.01
Price/Book1.450.94
Price/Sales6.040.97
Price/Cash Flow14.990.97
Dividend-Yield Factor4.221.00
 
Long-Term Projected Earnings Growth4.711.01
Historical Earnings Growth-2.790.78
Sales Growth4.411.06
Cash-Flow Growth1.1311.50
Book-Value Growth-0.14-0.18
 
Category: Property - Indirect Global
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.340.0098.34
Bond0.010.000.01
Property0.000.000.00
Cash1.040.031.01
Other0.630.000.63
World Regions28/02/2025
 % of EquityRelative to Category
United States67.751.01
Canada1.630.96
Latin America0.000.00
United Kingdom3.821.01
Eurozone6.461.02
Europe - ex Euro4.171.36
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.431.73
Japan7.450.92
Australasia3.580.72
Asia - Developed4.700.96
Asia - Emerging0.000.00
 
Category: Property - Indirect Global
Sector Weightings28/02/2025
 % of EquityRelative to Category
Real EstateReal Estate100.001.00
 
Category: Property - Indirect Global
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings329
Total Number of Bond Holdings0
Assets in Top 10 Holdings35.46
NameSectorCountry% of Assets
Prologis Inc104United States6.09
Welltower Inc104United States5.20
Equinix Inc104United States4.07
Realty Income Corp104United States3.94
Public Storage104United States3.67
Simon Property Group Inc104United States3.17
Digital Realty Trust Inc104United States2.41
AvalonBay Communities Inc104United States2.36
Extra Space Storage Inc104United States2.31
VICI Properties Inc Ordinary Shares104United States2.24
 
Increase Decrease New since last portfolio
Category: Property - Indirect Global
 
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 Date30/04/2012
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerNot Disclosed
Manager Start Date15/11/2010
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge0.02%
Purchase Details
Minimum Investments
Initial10000000  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsYes