iShares MSCI Pacific ex-Japan CTB Enhanced ESG UCITS ETF
iShares MSCI Pacific ex-Japan CTB Enhanced ESG UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker PCED (ISIN IE00BMDBMK72). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the financials 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. It passively tracks the MSCI Pacific Ex-japan Ctb Enhanced index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include COMMONWEALTH BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION and AIA GROUP LTD. Spread across roughly 107 holdings (the ten largest ≈ 44.1%), no one position makes or breaks the fund. Geographically it leans ~60.5% Australia, ~19.2% Hong Kong and ~16.1% Singapore. By industry it concentrates most in ~47.4% Financials and ~15.1% Real Estate. 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 0.2% a year — about €20 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 USD. Its price has swung about 15.1% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2021. 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.)
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About this fund
The MSCI Pacific Ex-japan Ctb Enhanced index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 107 companies across Japan in a single purchase.
The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts. The fund actually buys every share in the index it tracks (full replication).
Fund facts
Performance
Growth of $100 invested — both lines start at $100.
Compared with the average fund tracking the same index — our own data, not the licensed index itself.
Return, year by year
How bumpy has it been?
What's inside
By sector ?
By country ?
The 10 biggest holdings make up 44.1% of the fund — the rest is spread across roughly 94 more companies.
Top 10 holdings
| # | Company | Weight |
|---|---|---|
| 1 | COMMONWEALTH BANK OF AUSTRALIA | 7.2% |
| 2 | WESTPAC BANKING CORPORATION | 5.8% |
| 3 | AIA GROUP LTD | 5.8% |
| 4 | ANZ GROUP HOLDINGS LTD | 5.4% |
| 5 | MACQUARIE GROUP LTD DEF | 4.6% |
| 6 | NATIONAL AUSTRALIA BANK LTD | 3.7% |
| 7 | TRANSURBAN GROUP STAPLED UNITS | 3.5% |
| 8 | NORTHERN STAR RESOURCES LTD | 2.8% |
| 9 | SCENTRE GROUP | 2.8% |
| 10 | GOODMAN GROUP UNITS | 2.6% |
Where to buy this fund
Where it trades
| Exchange | Ticker | Currency | |
|---|---|---|---|
| SIX | PCED | CHF | ★ Primary |
| B3 | APJXD | USD | |
| EB | APJXD | USD | |
| EP | PCELUSD | USD | |
| EU | PCELUSD | USD | |
| Frankfurt | APJX | EUR | |
| GD | APJX | USD | |
| GF | APJX | USD | |
| GM | APJX | USD | |
| GS | APJX | USD | |
| GT | APJX | USD | |
| GZ | APJX | USD | |
| I2 | APJXD | USD | |
| IX | APJXD | USD | |
| L1 | APJXD | USD | |
| L3 | APJXD | USD | |
| LA | APJX | USD | |
| London Stock Exchange | APJX | USD | |
| London Stock Exchange | PCED | USD | |
| LU | APJX | USD | |
| PO | APJXD | USD | |
| QT | APJX | USD | |
| S1 | PCEDZ | USD | |
| S1 | APJXD | USD | |
| S4 | APJXD | USD | |
| SE | PCED | USD | |
| T2 | PCELUSD | USD | |
| TH | APJX | USD |
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows
Full holdings
As of 2026-07-06 · the fund's own published holdings.
| # | Company | Weight |
|---|---|---|
| 1 | COMMONWEALTH BANK OF AUSTRALIA | 7.2% |
| 2 | WESTPAC BANKING CORPORATION | 5.8% |
| 3 | AIA GROUP LTD | 5.8% |
| 4 | ANZ GROUP HOLDINGS LTD | 5.4% |
| 5 | MACQUARIE GROUP LTD DEF | 4.6% |
| 6 | NATIONAL AUSTRALIA BANK LTD | 3.7% |
| 7 | TRANSURBAN GROUP STAPLED UNITS | 3.5% |
| 8 | NORTHERN STAR RESOURCES LTD | 2.8% |
| 9 | SCENTRE GROUP | 2.8% |
| 10 | GOODMAN GROUP UNITS | 2.6% |
| 11 | LYNAS RARE EARTHS LTD | 2.5% |
| 12 | WESFARMERS LTD | 2.4% |
| 13 | BOC HONG KONG HOLDINGS LTD | 2.3% |
| 15 | GRAB HOLDINGS LTD CLASS A | 2.2% |
| 16 | SEA ADS REPRESENTING LTD CLASS A | 2.0% |
| 17 | AUCKLAND INTERNATIONAL AIRPORT LTD | 2.0% |
| 18 | BHP GROUP LTD | 1.9% |
| 19 | CAPITALAND INTEGRATED COMMERCIAL T | 1.9% |
| 20 | CAPITALAND ASCENDAS REIT | 1.9% |
| 21 | BLK ICS USD LIQ AGENCY DIS | 1.9% |
| 22 | CK ASSET HOLDINGS LTD | 1.9% |
| 23 | ASX LTD | 1.7% |
| 24 | HONGKONG LAND HOLDINGS LTD | 1.7% |
| 26 | BRAMBLES LTD | 1.5% |
| 27 | SINGAPORE TELECOMMUNICATIONS LTD | 1.5% |
| 28 | MTR CORPORATION CORP LTD | 1.5% |
| 29 | SUNCORP GROUP LTD | 1.4% |
| 30 | COCHLEAR LTD | 1.4% |
| 31 | TECHTRONIC INDUSTRIES LTD | 1.3% |
| 32 | QBE INSURANCE GROUP LTD | 1.3% |
| 33 | PLS GROUP LTD | 1.2% |
| 34 | MERIDIAN ENERGY LTD | 1.0% |
| 35 | TELSTRA GROUP LTD | 1.0% |
| 36 | UNITED OVERSEAS BANK LTD | 0.9% |
| 37 | OVERSEA-CHINESE BANKING LTD | 0.9% |
| 38 | VICINITY CENTRES | 0.8% |
| 39 | CSL LTD | 0.8% |
| 40 | SINGAPORE EXCHANGE LTD | 0.7% |
| 42 | SINO LAND LTD | 0.7% |
| 43 | HONG KONG EXCHANGES AND CLEARING L | 0.4% |
| 44 | PRO MEDICUS LTD | 0.3% |
| 45 | QANTAS AIRWAYS LTD | 0.2% |
| 46 | FISHER AND PAYKEL HEALTHCARE CORPO | 0.2% |
| 47 | ARISTOCRAT LEISURE LTD | 0.2% |
| 48 | SINGAPORE AIRLINES LTD | 0.2% |
| 49 | COMPUTERSHARE LTD | 0.2% |
| 50 | SONIC HEALTHCARE LTD | 0.2% |
| 51 | WOOLWORTHS GROUP LTD | 0.2% |
| 52 | SGH LTD | 0.2% |
| 53 | COLES GROUP LTD | 0.2% |
| 54 | EVOLUTION MINING LTD | 0.2% |
| 55 | KEPPEL LTD | 0.2% |
| 56 | MEDIBANK PRIVATE LTD | 0.2% |
| 57 | SOUTH32 LTD | 0.2% |
| 58 | WILMAR INTERNATIONAL LTD | 0.2% |
| 59 | THE LOTTERY CORPORATION LTD | 0.2% |
| 60 | STOCKLAND STAPLED UNITS LTD | 0.2% |
| 61 | INFRATIL LTD | 0.2% |
| 62 | SINGAPORE TECHNOLOGIES ENGINEERING | 0.2% |
| 63 | SIGMA HEALTHCARE LTD | 0.2% |
| 64 | INSURANCE AUSTRALIA GROUP LTD | 0.2% |
| 65 | SWIRE PACIFIC LTD A | 0.2% |
| 66 | CAR GROUP LTD | 0.2% |
| 67 | SEMBCORP INDUSTRIES LTD | 0.2% |
| 68 | HKT TRUST AND HKT UNITS LTD | 0.2% |
| 69 | RIO TINTO LTD | 0.2% |
| 70 | APA GROUP UNITS | 0.2% |
| 71 | SITC INTERNATIONAL HOLDINGS LTD | 0.2% |
| 72 | SUN HUNG KAI PROPERTIES LTD | 0.2% |
| 73 | CONTACT ENERGY LTD | 0.2% |
| 74 | CAPITALAND INVESTMENT LTD | 0.2% |
| 75 | XERO LTD | 0.2% |
| 76 | WH GROUP LTD | 0.2% |
| 77 | WISETECH GLOBAL LTD | 0.2% |
| 78 | YANGZIJIANG SHIPBUILDING (HOLDINGS | 0.2% |
| 79 | LINK REAL ESTATE INVESTMENT TRUST | 0.2% |
| 80 | CHEUNG KONG INFRASTRUCTURE HOLDING | 0.2% |
| 81 | DBS GROUP HOLDINGS LTD | 0.2% |
| 82 | GALAXY ENTERTAINMENT GROUP LTD | 0.2% |
| 83 | WHARF REAL ESTATE INVESTMENT COMPA | 0.2% |
| 84 | SANDS CHINA LTD | 0.2% |
| 85 | CK HUTCHISON HOLDINGS LTD | 0.2% |
| 86 | HONG KONG AND CHINA GAS LTD | 0.2% |
| 87 | WOODSIDE ENERGY GROUP LTD | 0.2% |
| 88 | REA GROUP LTD | 0.2% |
| 89 | FORTESCUE LTD | 0.2% |
| 90 | FUTU HOLDINGS ADR LTD | 0.1% |
| 91 | HENDERSON LAND DEVELOPMENT LTD | 0.1% |
| 92 | USD CASH | 0.1% |
| 93 | CASH COLLATERAL USD MLIFT | 0.0% |
| 94 | GBP CASH | 0.0% |
| 95 | EUR CASH | 0.0% |
| 96 | AUD/USD | 0.0% |
| 97 | HKD/USD | 0.0% |
| 98 | MSCI HONG KONG INDEX SEP 26 | 0.0% |
| 99 | MSCI SING IX ETS JUL 26 | 0.0% |
| 100 | SPI 200 SEP 26 | 0.0% |
| 101 | SGD/USD | 0.0% |
| 102 | NZD/USD | 0.0% |
| 103 | CASH COLLATERAL USD MLISW CFD | -0.1% |
| 104 | NZD CASH | -0.1% |
| 105 | SGD CASH | -0.2% |
| 106 | HKD CASH | -0.3% |
| 107 | AUD CASH | -0.9% |
How it ranks vs peers
Versus the Equity (stocks) · Japan · EUR ETFs we track.
Advanced risk
Concentration depth
Roughly 107 companies are held, but the largest names carry most of the weight — so it behaves like ~34 equal-sized positions.
Tilt vs a world tracker
Percentage points over / under a broad world-equity tracker (not a licensed benchmark).
Similar funds
We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.
| iShares MSCI Pacific ex-Japan CTB Enhanced ESG UCITS ETFiSharesYou're viewing | UBS Core MSCI Japan UCITS ETF hGBP disUBSBroader match | UBS Core MSCI Japan UCITS ETF hCHF accUBSBroader match | UBS Core MSCI Japan UCITS ETF hEUR disUBSBroader match | UBS Core MSCI Japan UCITS ETF hEUR accUBSBroader match | UBS Core MSCI Japan UCITS ETF hUSD accUBSBroader match | UBS Core MSCI Japan UCITS ETF USD accUBSBroader match | |
|---|---|---|---|---|---|---|---|
| Why it's similar | This is the fund on this page. | StocksPhysicalCheaper fee Tracks a different index in the same category. | StocksAccumulatingPhysicalCheaper fee Tracks a different index in the same category. | StocksPhysicalCheaper fee Tracks a different index in the same category. | StocksAccumulatingPhysicalCheaper fee Tracks a different index in the same category. | StocksAccumulatingPhysicalCheaper fee Tracks a different index in the same category. | StocksAccumulatingPhysicalCheaper fee Tracks a different index in the same category. |
| Index tracked | MSCI Pacific Ex-japan Ctb Enhanced | MSCI Japan | MSCI Japan | MSCI Japan | MSCI Japan | MSCI Japan | MSCI Japan |
| Yearly fee (TER) | 0.20% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.12% |
| All-in cost | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Fund size | €129.2M | €1.5T | €1.4T | €1.3T | €1.3T | €1.1T | €1.1T |
| Domicile | Ireland | LU | LU | LU | LU | LU | LU |
| Replication | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) |
| 3-yr return p.a. | +9.7% | +25.7% | +23.3% | +27.1% | +26.3% | +30.1% | |
| 5-yr return p.a. | +18.9% | +17.7% | +19.2% | +19.6% | +22.6% | ||
| # holdings | 107 | 10 | 10 | 10 | 10 | 10 | 10 |
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