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€CEMS

The investment objective of the Fund is to achieve a return on your investment through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI Europe Enhanced Value Index, the Fund’s benchmark index. The Index aims to reflect the performance characteristics of a subset of equity securities within the MSCI Europe Index, selected based on three main quality metrics: the price of an equity security relative to its book value, the price of an equity security relative to its earnings, and the price of an equity security relative to its cash flow. The Fund uses optimising techniques to achieve a similar return to the Index, which may include the strategic selection of certain securities that make up the Index or other securities that provide similar performance to certain constituent securities.
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VS

£IEFV

The investment objective of the Fund is to achieve a return on your investment through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI Europe Enhanced Value Index, the Fund’s benchmark index. The Index aims to reflect the performance characteristics of a subset of equity securities within the MSCI Europe Index, selected based on three main quality metrics: the price of an equity security relative to its book value, the price of an equity security relative to its earnings, and the price of an equity security relative to its cash flow. The Fund uses optimising techniques to achieve a similar return to the Index, which may include the strategic selection of certain securities that make up the Index or other securities that provide similar performance to certain constituent securities.
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Key takeaways

The ETFs track the same security, and so are effectively the same fund. £IEFV is traded in British pounds on the London Stock Exchange, while €CEMS is traded in euros on the Deutsche Börse Xetra.

Fund highlights

Fund name
iShares Edge MSCI Europe Value Factor
iShares Edge MSCI Europe Value Factor
Share currency
EUR
GBP
Base currency
EUR
EUR
Use of income
Accumulating
Accumulating
Fund size
€2.5bn
£2.2bn
Beta
-
-
Last price
€12.68
£11.01
Annual fund charges
0.25%
0.25%
Fund manager
Benchmark
MSCI Europe Enhanced Value Index
MSCI Europe Enhanced Value Index
Risk
-
-
Ticker
€CEMS
£IEFV
Primary listing
XETRA
LSE
Market data provided by CBOE Europe and Deutsche Börse.

Performance

CumulativeRolling yearsLump sum investment
€CEMS
£IEFV
Past performance is no guarantee of future returns.
The “cumulative” calculation shows returns on a price basis (i.e. excluding dividends). If an instrument trades in a different currency from your home currency, currency fluctuations may affect returns. These instruments are traded in different currencies, and performance is shown in the instruments' trading currencies

Sector exposure

ChartTable
€CEMS
£IEFV

Top holdings

Siemens

3.68%

British American Tobacco

3.65%

Novartis AG

3.56%

HSBC Holdings

3.09%

Nokia Oyj

2.92%

TotalEnergies SE

2.83%

Sanofi

2.62%

Infineon

2.49%

BNP Paribas

2.47%

Other

72.69%

Siemens

3.68%

British American Tobacco

3.65%

Novartis AG

3.56%

HSBC Holdings

3.09%

Nokia Oyj

2.92%

TotalEnergies SE

2.83%

Sanofi

2.62%

Infineon

2.49%

BNP Paribas

2.47%

Other

72.69%

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