# iShares Listed Private Equity UCITS ETF (IPRV)

**Page:** https://fundology.uk/fund/iprv · ISIN IE00B1TXHL60

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, IPRV (iShares Listed Private Equity UCITS ETF, ISIN IE00B1TXHL60) closed at £23.53 on the London Stock Exchange. Its ongoing charge is 0.75% a year (about £75 on £10,000). Over the five years to 13/11/2026 its total return was +12.2%, or −12.4% after UK CPIH inflation.

## Summary

iShares Listed Private Equity UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2007. It tracks the S&P Listed Private Equity. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.75% a year — about £75 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£23.53** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IPRV |
| ISIN | IE00B1TXHL60 |
| Also listed as | IDPE (London Stock Exchange, US dollars), IQQL (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P Listed Private Equity |
| Income | Distributing |
| Ongoing charge | 0.75% a year (£75 per £10,000) |
| Fund size | £574m |
| Launched | 2007 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/11/2012 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -8.45% | -11.69% | income reinvested |
| 3 years | +24.65% | +12.62% | income reinvested |
| 5 years | +12.20% | -12.42% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Listed Private Equity UCITS ETF in pounds (price only, income paid out not included): 2022 −23.1%, 2023 +26.4%, 2024 +23.9%, 2025 −9.8%; 2026 to 13/11/2026 −11.9%. Returns of iShares Listed Private Equity UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −18.8%; to 30/09/2025: +3.1%; to 30/09/2024: +25.1%; to 30/09/2023: +14.2%; to 30/09/2022: −17.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -23.1% | -29.6% | Price |
| 2023 | +26.4% | +21.3% | Price |
| 2024 | +23.9% | +19.6% | Price |
| 2025 | -9.8% | -12.9% | Price |
| 2026 to 13/11/2026 | -11.9% | -14.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.04% | -21.24% |
| 3 years | 18.33% | -30.69% |
| 5 years | 19.52% | -30.69% |

## Largest fall

Volatility of iShares Listed Private Equity UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 19.0% over 1 year, 18.3% over 3 years, 19.5% over 5 years. Largest fall in the price of iShares Listed Private Equity UCITS ETF since November 2021, in pounds: −30.7% from 31/01/2025 to 27/03/2026. The lowest 12-month return of iShares Listed Private Equity UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −24.2% (12 months to 23/12/2022); the highest was +40.4% (12 months to 25/10/2024). On 13/11/2026 the price of iShares Listed Private Equity UCITS ETF was 25.3% below its highest weekly close since November 2021 (31/01/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Listed Private Equity UCITS ETF 0.75% a year. Compared on 14/11/2026, 7 of the 164 other single-sector funds charge more, 1 the same and 156 less (share classes counted once).

## Funds tracking the same index

2 funds track S&P Listed Private Equity, this one included and share classes counted once; their ongoing charges range from 0.75% to 0.80% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Listed Private Equity UCITS ETF (this fund) | 0.75% | -8.4% | +24.6% | +12.2% |
| iShares Listed Private Equity UCITS ETF AccumHedged GBP | 0.80% | -7.0% | — | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.75%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, IPRV holds 91 positions, according to its published holdings. The largest is Brookfield · Class A at 8.18% of the fund; the ten largest make up 56.0%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Brookfield · Class A | [BN](https://fundology.uk/stock/BN) | 8.18% |
| 2 | Brookfield Asset Management | [BAM](https://fundology.uk/stock/BAM) | 7.32% |
| 3 | 3I Group Fund | — | 7.10% |
| 4 | Blackstone | [BX](https://fundology.uk/stock/BX) | 6.84% |
| 5 | Apollo Global Management | — | 6.39% |
| 6 | Washington H. Soul Pattinson | [SOL](https://fundology.uk/stock/SOL) | 4.30% |
| 7 | Partners Group | [PGHN](https://fundology.uk/stock/PGHN) | 4.13% |
| 8 | Ares Capital | [ARCC](https://fundology.uk/stock/ARCC) | 3.99% |
| 9 | Eqt | — | 3.93% |
| 10 | KKR | [KKR](https://fundology.uk/stock/KKR) | 3.79% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Financials | 99.3% |
| Cash and derivatives | 0.4% |
| Other | 0.3% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 44.8% |
| Canada | 17.6% |
| United Kingdom | 14.4% |
| Sweden | 6.0% |
| Australia | 4.4% |
| Switzerland | 4.1% |
| Guernsey, Channel Islands | 3.1% |
| France | 2.1% |
| Other countries | 3.4% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 96.0% |
| Cash and money market | 0.3% |
| Other | 3.7% |

All 104 holdings: https://fundology.uk/fund/iprv/holdings

## Questions people ask

**What is the ongoing charge of IPRV?**

The ongoing charge of IPRV is 0.75% a year — about £75 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares Listed Private Equity UCITS ETF 0.75% a year. Compared on 14/11/2026, 7 of the 164 other single-sector funds charge more, 1 the same and 156 less (share classes counted once).

**What does IPRV track?**

IPRV tracks the S&P Listed Private Equity.

**Is IPRV accumulating or distributing?**

IPRV is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of IPRV?**

The ISIN of IPRV is IE00B1TXHL60. An ISIN identifies one exact share class of a fund; IPRV is its ticker on the London Stock Exchange. The same share class is also listed as IDPE (London Stock Exchange, US dollars) and IQQL (Xetra, euros).

**What does IPRV hold?**

As of 06/11/2026, IPRV holds 91 positions, according to its published holdings. The largest is Brookfield · Class A at 8.18% of the fund; the ten largest make up 56.0%. Its ten largest holdings are Brookfield · Class A (8.18%), Brookfield Asset Management (7.32%), 3I Group Fund (7.10%), Blackstone (6.84%), Apollo Global Management (6.39%), Washington H. Soul Pattinson (4.30%), Partners Group (4.13%), Ares Capital (3.99%), Eqt (3.93%) and KKR (3.79%).

**What were IPRV’s returns in each of the last five years?**

Calendar-year returns of IPRV in pounds (price only, income paid out not included): 2022 −23.1%, 2023 +26.4%, 2024 +23.9%, 2025 −9.8%; 2026 to 13/11/2026 −11.9%. Past performance is not a guide to future returns.

**How has IPRV done after inflation?**

Over the five years to 13/11/2026 IPRV’s total return was +12.2%, or −12.4% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/251918/ishares-listed-private-equity-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-listed-private-equity-ucits-etf-usd-dist-gb-ie00b1txhl60-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/iprv-ishares-listed-private-equity-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.