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 MAGG (ISIN IE00BLLZQ912). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. 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. By industry it concentrates most in ~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.

Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 GBP. Its price has swung about 10.8% 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.)