iShares MSCI UK Small Cap UCITS ETF GBP (Acc)

iShares MSCI UK Small Cap UCITS ETF GBP (Acc) is an exchange-traded fund that seeks to track the performance of the MSCI UK Small Cap Index, providing exposure to small capitalization companies in the United Kingdom. Launched on July 1, 2009, and domiciled in Ireland, this accumulating ETF reinvests dividends into the fund, enhancing long-term compounding for investors. Managed by iShares, a BlackRock brand, it employs a physical replication strategy with optimized sampling, holding approximately 196 equities selected based on MSCI's criteria for size, liquidity, and free float-adjusted market capitalization, covering about 15% of the UK equity market's small cap segment. Key features include a total expense ratio of 0.58% per annum, GBP as the base currency with unhedged currency risk, and securities lending to offset costs, where the fund retains 62.5% of generated revenue. With net assets around 103-131 million GBP, it offers a passive, long-only approach to UK small cap equities across diverse sectors, serving as a tool for targeted exposure in global portfolios.