iShares Growth Portfolio UCITS ETF

What this fund is

iShares Growth Portfolio UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker MARG (ISIN IE00BLLZQ805). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the other part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, 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. Its largest holdings include ISHARES MSCI USA ESG ENHANCE USD D, ISHARES MSCI USA SCRND UCITS ETF and iShares MSCI USA SRI UCITS ETF.

Spread across roughly 14124 holdings (the ten largest ≈ 92.9%), no one position makes or breaks the fund. By geography it is weighted towards ~99.9% Ireland, ~60.1% United States and ~4.8% United Kingdom. Its heaviest sectors are ~61.5% Other and ~57.7% Financials. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund.

It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. 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 EUR. Its price has swung about 11.5% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2020. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)