iShares 100 UK Equity Tracker

A tracker fund offering exposure to the FTSE 100 Index total return performance.

This fund aims to closely track the performance of the FTSE 100 Index. More specifically, the fund is benchmarked against the FTSE Custom 100 Net Midday Index, the only difference being the timing of which the index is valued. The FTSE 100 Index measures the performance of shares of the largest 100 companies listed in the UK.

We like the tracker as it gives us exposure to the largest companies listed within the UK and it has tracked the benchmark well historically. It is also relatively cheap with an ongoing charge of 0.07% as of December 2019.

Fund type UK Authorised Unit Trust
Asset class Equities
Sector UK
Managed by Kieran Doyle
This fund is not currently listed in our model portfolios

Manager Profile

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.

Fund performance

BlackRock (iShares)

BlackRock is considered as the one of the largest asset managers in the world, with US$6.84 trillion assets under management (as of June 2019). Founded in 1988 and widely recognised for its expertise in all asset classes, BlackRock Asset Management grew organically and by acquisitions such as Merrill Lynch Investment Managers in 2006 and Barclays Global Investors in 2009.

BlackRock employs approximately 13,000 professionals, and has a presence in 30 countries worldwide - creating a truly global asset management business, with unrivalled access to local and national financial intermediaries.