iShares V PLC operates as an open-ended investment company with variable capital, authorised in Ireland as a UCITS umbrella fund with segregated liability between its sub-funds; it serves as the issuer for a range of exchange-traded funds (ETFs) that provide investors with exposure to diversified equity, fixed income, and other asset classes across global markets. The company offers core products including physically replicated ETFs tracking major indices such as the MSCI Poland Index via its iShares MSCI Poland UCITS ETF (ticker: IPOL.L, ISIN: IE00B4M7GH52), which invests in large-cap and mid-cap Polish equities across diversified sectors including financials, energy, consumer discretionary, and materials; other sub-funds cover regional, sectoral, and thematic strategies with accumulating or distributing share classes denominated in major currencies like USD and EUR. iShares V PLC was incorporated on 2 December 2009 and is domiciled in Ireland, with its registered office at 1 North Wall Quay, Dublin 1; it is managed by BlackRock Asset Management (Ireland) Limited and BlackRock Advisors (UK) Limited, with State Street serving as depositary and administrator, and the structure regulated under the Companies Act 2014 and UCITS framework.
The iShares MSCI Poland UCITS ETF, launched on 21 January 2011, seeks to replicate the performance of the MSCI Poland Index through full physical replication, holding approximately 23 stocks with top positions in entities like PKO Bank Polski SA (15.16%), Orlen SA (9.44%), and Allegro.eu SA (9.39%); it features a total expense ratio of 0.74% p.a., accumulating distribution policy, and currency-unhedged USD exposure, targeting institutional and retail investors seeking Poland-specific equity market access amid the country's emerging market dynamics.
iShares V PLC maintains operations primarily in Europe, with ETF listings on exchanges including the London Stock Exchange (LSE), and facilitates global investor access through BlackRock's iShares platform; recent developments include the publication of its 2024 annual report and audited financial statements as of 30 November 2023, alongside an interim report for the period ended 31 May 2025, reflecting ongoing portfolio management and compliance updates without major structural changes, acquisitions, or new fund launches specific to IPOL.L in the last 1-2 years; the ETF itself continues steady inflows, with assets under management reaching approximately EUR 448 million.