iShares V Public Limited Company - iShares MSCI World Consumer Discretionary Sector UCITS ETF is an exchange traded fund launched by BlackRock Asset Management Ireland Limited. It is managed by BlackRock Advisors (UK) Limited. The fund invests in public equity markets of developed countries across the globe. It seeks to invest in the stocks of companies operating in the consumer discretionary sector, which include manufacturing segment (such as automotive, household durable goods, textiles and apparel, and leisure equipment) and services segment (such as hotels, restaurants and other leisure facilities, media production and services, consumer retailing and services). The fund invests in the stocks of large-cap and mid-cap companies. It seeks to replicate the performance of the MSCI World Consumer Discretionary Index Net USD, by employing representative sampling methodology. iShares V Public Limited Company - iShares MSCI World Consumer Discretionary Sector UCITS ETF was formed on August 19, 2011 and is domiciled in Ireland.