IOO ETF: How Ishares Global 100 ETF Works

Overview

The iShares Global 100 ETF (IOO) is an Australian-listed fund focused on large companies across global markets. Its supplied sector data shows a pronounced technology weighting, so the story is not simply broad global exposure: the fund’s sector mix is also a defining feature.

Category

IOO offers exposure to large companies across global markets. Its reported sector mix is notably tilted towards technology, with smaller allocations across several other sectors.

The fund’s global large-company focus brings together businesses operating across different parts of the economy. In the supplied sector data, technology stands out, while healthcare, financial services and communication services also contribute to the mix.

Key facts

Ticker

IOO

Exchange

AU

ISIN

AU000000IOO8

Provider

BlackRock Investment Management (Australia) Limite

Domicile

Australia

Currency

AUD

Inception date

2007-10-10

Use of income

Half-yearly

UCITS

No

Holdings count

1

Costs

TER

0.38%

Ongoing charge

0.38%

Net expense ratio

0.38%

AUM

2

The supplied ongoing charge is 0.38%. This is a recurring fund cost and does not capture every cost an investor may incur.

Performance

YTD

9.2%

1 year

15.0%

3 years

22.8%

5 years

18.3%

10 years

18.2%

Dividend yield

1.17%

Top 10 concentration

97.0%

Holdings

1. iShares Global 100 ETF97.03%

   Ticker

   IOO

   Sector

   Country

   United States

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The supplied sector breakdown is led by technology at 48.218%, followed by communication services at 9.492%, financial services at 9.163% and healthcare at 8.944%. This points to a portfolio with a strong technology tilt rather than even exposure across sectors.

Sectors

• Technology48.2%

• Communication Services9.5%

• Financial Services9.2%

• Healthcare8.9%

• Consumer Cyclicals7.4%

• Consumer Defensive5.4%

• Industrials4.6%

• Energy4.1%

• Basic Materials1.6%

• Utilities0.4%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Related ETFs

IOO can be compared with other global equity ETFs by looking at their market coverage, sector concentration, ongoing costs and distribution approach. The supplied data does not identify a verified benchmark, so no benchmark comparison is made here.

Risks

Who it may suit

IOO may interest investors researching an Australian-listed way to access large companies across global markets. Its substantial technology exposure means its sector mix may be an important consideration. This is general information, not personal financial advice.

Key risks

The large technology-sector weighting may make performance more sensitive to conditions affecting technology companies. Global shares can also fluctuate with market, currency and economic conditions. Past returns and distributions do not guarantee future results.

FAQ