Highlights

  • IPAC follows a defined index Investment mandate.
  • The fund reported 1,333 holdings on 4 November 2026.
  • Net Assets were approximately USD 2.60 billion on 5 November 2026.
  • The expense ratio is 0.09%, with semiannual distributions listed.

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) seeks to track the MSCI Pacific IMI Index (Net). IPAC closed at USD 83.67 on 4 November 2026. Net assets were approximately USD 2.60 billion on 5 November 2026. The fund’s investment universe and the weight of its individual positions define the exposure available through its shares.

Investment mandate and underlying exposure

The fund targets large, mid-sized and small equities in developed Pacific markets. The disclosed holdings include Japanese and Australian companies, illustrating the regional breadth of its investment universe. The mandate covers a wider range of company sizes than a portfolio limited to the largest businesses.

The leading positions include banking, resources and automotive companies. These holdings give different operating exposures within the Pacific allocation. Their individual weights are relatively modest, while the full regional and sector mix depends on the complete portfolio rather than the leading positions alone.

Holdings weights and portfolio structure

As of 4 November 2026, Mitsubishi Ufj Financial Group represented 2.50%; Bhp Group Ltd represented 2.18%; Commonwealth Bank Of Australia represented 2.15%; Toyota Motor represented 2.00%; Advantest represented 1.76%; Recruit Holdings represented 1.62%.

The holdings weights describe individual security positions on the stated date and can change. Comparing the largest weights with the full holdings count helps distinguish security breadth from company concentration. A portfolio with many constituents can still be influenced materially by a smaller group of leading businesses.

Fund costs distributions and risks

The listed expense ratio is 0.09%, and distributions are scheduled semiannually. Fund distributions can vary with portfolio income and other relevant cash flows. The expense ratio describes a fund-level cost; trading shares can also involve Transaction Costs and a difference between the prices available to buyers and sellers.

Regional economic conditions, company profitability and foreign exchange movements can affect the fund. Smaller holdings can introduce different Liquidity and financing risks from large companies. A developed Pacific mandate remains geographically specific and does not represent a complete global Equity allocation.

Key Insights

IPAC provides a defined exposure through its benchmark mandate. The leading positions include banking, resources and automotive companies. The 1,333 reported holdings, their individual weights and the 0.09% expense ratio are relevant to interpreting the portfolio. The mandate and underlying instruments determine which economic risks remain shared across otherwise separate positions.