IE00BGDPWV87Ticker: AYEP (Xetra)Issuer: iSharesOne email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
iShares Asia Property Yield UCITS ETF tracks the issuer-declared index: FTSE EPRA Nareit Developed Asia Dividend+ NET Index in USD. The declared annual cost (TER) is 0.59%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is physical replication (the KID declares buying all or a substantial number of the index constituents); income is accumulated and reinvested in the fund. The fund has assets of about 22 million euro, was launched on 12 December 2018 and is domiciled in Ireland.
The Share Class is a share class of a Fund which aims 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 FTSE EPRA/Nareit Developed Asia Dividend + Index, the Fund’s benchmark index (Index). The Share Class, via the Fund is passively managed and aims to invest so far as possible and practicable in the equity securities (e.g. shares of listed real estate companies and Real Estate Investment Trusts (REITs)) that make up the Index. REITs are closed-ended investment vehicles that invest in, manage and own, real estate. The Index measures the performance of REITs and real estate holding and development companies from developed Asian countries which are constituents of the FTSE EPRA/Nareit Developed Asia Index, and pay above average or a high level of income as a dividend. The Index offers exposure to listed real estate companies and Real Estate Investment Trusts (REITs) from developed Asian countries and includes those equity securities which have a forecasted dividend yield of equal to, or greater than, 2%. Companies are included in the Index based on the proportion of their shares in issue that are available for purchase by international investors. The Fund intends to replicate the Index by holding the equity securities, which make up the Index, in similar proportions to it. The Fund does not hold physical real estate property, but invests indirectly in property-related assets (i.e. the shares of listed real estate companies and REITs). The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. The investment manager may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for efficient portfolio management purposes (i.e. to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income). FDIs may be used for direct investment purposes. The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).
Keep reading the KID section ▾
The depositary of the Fund is The Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares II plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.
Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.
Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).
Insurance benefits:The Fund does not offer any insurance benefits.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 05 Jul 2019 | 19 Mar 2020 | -40.87% | 10 Jun 2021 | 706 |
| 10 Jun 2021 | 26 Oct 2023 | -30.60% | 10 Feb 2026 | 1,706 |
| 27 Feb 2026 | 23 Jun 2026 | -14.50% | ongoing | 188 |
| 03 Apr 2019 | 31 May 2019 | -4.00% | 20 Jun 2019 | 78 |
| 17 Dec 2018 | 02 Jan 2019 | -2.95% | 07 Jan 2019 | 21 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.3 | 4.1 | -12.2 | 5.6 | -3.6 | -3.7 | 5.9 | -2.5 | 0.5 | -2.9 | |||
| 2025 | 3.5 | 1.4 | 1.6 | 6.1 | 1.7 | 3.3 | 1.2 | 6.6 | 0.7 | -1.4 | 2.6 | 0.2 | 30.6 |
| 2024 | -4.0 | -2.2 | 4.5 | -3.4 | -2.4 | -3.2 | 7.3 | 6.6 | 2.1 | -7.6 | -1.3 | -5.5 | -10.1 |
| 2023 | 3.7 | -4.0 | -0.8 | 2.1 | -4.9 | -1.1 | 3.3 | -4.0 | -3.7 | -5.5 | 7.0 | 7.0 | -2.1 |
| 2022 | -4.3 | 0.0 | 3.2 | -4.4 | 0.0 | -5.6 | 4.3 | -3.7 | -9.7 | -2.0 | 9.2 | 1.9 | -12.0 |
| 2021 | 0.4 | 4.0 | 1.3 | 2.1 | 1.2 | 0.5 | -0.7 | -0.3 | -3.7 | 2.0 | -5.0 | 2.8 | 4.3 |
| 2020 | -0.9 | -7.3 | -20.4 | 6.6 | -0.7 | 3.1 | -0.6 | 5.6 | -2.9 | -3.8 | 12.1 | 3.5 | -9.1 |
| 2019 | 9.4 | 0.0 | 4.8 | -2.3 | -1.3 | 4.7 | -0.9 | -1.6 | 0.7 | 3.3 | -1.9 | 1.0 | 16.6 |
| Year | Fund | Index | Difference |
|---|---|---|---|
| 2025 | +30.50% | +31.14% | -0.64% |
| 2024 | -10.07% | -9.82% | -0.24% |
| 2023 | -2.08% | -1.85% | -0.23% |
| 2022 | -11.98% | -11.60% | -0.38% |
| 2021 | +4.53% | +5.03% | -0.50% |
| 2020 | -9.19% | -8.88% | -0.32% |
| 2019 | +16.68% | +17.16% | -0.48% |
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 11.32% | 12.52% | 12.38% | 14.80% |
| Max drawdown | -12.78% | -12.78% | -22.79% | -39.37% |
| Sharpe | -0.12 | 0.05 | -0.22 | 0.00 |
| Sortino | -0.16 | 0.07 | -0.30 | 0.01 |
| Share class | ISIN | Ticker | Income | Currency |
|---|---|---|---|---|
| USD (Dist) | IE00B1FZS244 | IASP | Distributing | USD |
| USD (Acc) · this page | IE00BGDPWV87 | AYEP | Accumulating | USD |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE00BGDPWV87AYEP(class: USD (Acc))IE00B1FZS244IASP(class: USD (Dist))Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Trading since |
|---|---|---|
| Börse Düsseldorf | AYEP | 4 Apr 2019 |
| Börse Frankfurt | AYEP | 14 Dec 2018 |
| Börse Hamburg | AYEP | 31 Jan 2019 |
| Börse Hannover | AYEP | 9 Dec 2024 |
| Börse München / gettex | AYEP | 18 Feb 2019 |
| Börse Stuttgart | AYEP | 13 Feb 2019 |
| Tradegate Exchange | AYEP | 30 Oct 2019 |
| Xetra (Deutsche Börse) | AYEP | 14 Dec 2018 |