iShares MSCI China UCITS ETF

What this fund is

iShares MSCI China UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker ICHD (ISIN IE00BL977C92). 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 across its target market. It passively tracks the MSCI China index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include TENCENT HOLDINGS LTD, HKD CASH and ALIBABA GROUP HOLDING LTD. Spread across roughly 590 holdings (the ten largest ≈ 51.4%), no one position makes or breaks the fund.

Geographically it leans ~101.9% China, ~12.5% Hong Kong and ~0.5% Ireland. By industry it concentrates most in ~22.8% Consumer Discretionary and ~18.9% Communication Services. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.28% a year — about €28 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 2.37% (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. It launched in 2020. 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.)