The iShares Core FTSE 100 UCITS ETF (ISF) is an Ireland-domiciled equity ETF managed by BlackRock through its iShares platform and traded in British pounds on the London Stock Exchange.

The fund seeks to track the FTSE 100 Index, a benchmark comprising the 100 largest eligible U.K. companies by market capitalization.

The FTSE 100 is part of the FTSE UK Index Series and applies criteria related to size, liquidity, and free float to determine company eligibility. Its composition is reviewed quarterly, allowing companies to enter or leave the index according to rules established by FTSE Russell.

Composition / Exposure Profile

ISF holds companies across different sectors of the U.K. equity market, including:

• Financials.

• Industrials.

• Consumer staples.

• Health care.

• Energy.

• Materials.

• Consumer discretionary.

• Utilities.

• Communication services.

• Technology.

Although the index universe is tied to the United Kingdom, many FTSE 100 companies have operations and revenue sources across international markets. As a result, the companies' U.K. classification does not mean that their underlying business activity is limited to the British economy.

Because the index is weighted by free float-adjusted market capitalization, larger eligible companies tend to represent greater portions of the portfolio. Company and sector weights change over time as stock prices move and the index is reviewed.

Structure and Costs

The fund and share class have the British pound as their base currency. ISF trades in GBP on the London Stock Exchange. The ETF has a total expense ratio (TER) of 0.07% per year, uses physical replication, and is domiciled in Ireland. It operates as part of iShares plc under the UCITS framework.

ISF follows a distributing income policy, with payments made quarterly. Dividends received from portfolio companies may therefore be periodically distributed to shareholders rather than fully reinvested within the fund.

History and Evolution of the ETF

The iShares Core FTSE 100 UCITS ETF was launched in 2000 to provide exposure to the largest companies in the U.K. equity market through a single portfolio. Since its launch, the fund has maintained a passive strategy linked to the FTSE 100 Index, tracking large-cap companies across different sectors.

Throughout its history, ISF's performance has reflected both movements in the U.K. equity market and global factors affecting FTSE 100 companies, including economic cycles, interest rates, currency movements, and commodity prices.

Additional Information

iShares Core FTSE 100 UCITS ETF GBP Dist (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $16.68 billion.

Over the past 12 months, iShares Core FTSE 100 UCITS ETF GBP Dist recorded a return of 7.95%, with its price trading between $12.12 and $14.55 during the same period.

The ETF is traded under the ticker ISF.