iShares MSCI World Islamic UCITS ETF

iShares MSCI World Islamic UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker ISWD (ISIN IE00B27YCN58). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the MSCI World index — the passive, low-cost approach, and its largest holdings include MICROSOFT CORP, TESLA INC and MICRON TECHNOLOGY INC. With about 416 holdings (the ten largest ≈ 36.5%), your money is diversified rather than concentrated in a handful of names. Geographically it leans ~65.9% United States, ~7.6% Japan and ~3.9% France. Its heaviest sectors are ~42.3% Technology and ~13.9% Industrials. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.3% a year — about €30 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 0.47% (its trailing yield). It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 13.3% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2007. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)