Fixed Income

BGF Emerging Markets Local Currency Bond Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.


Important Information:
Investors must read the Prospectus for any fund in which they wish to invest. Please contact us at the BlackRock Advisors UK Limited-Dubai Branch for the relevant Prospectus.
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Performance

Performance

  • Returns

  From
30-Jun-2014
To
30-Jun-2015
From
30-Jun-2015
To
30-Jun-2016
From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 30-Jun-2019

-13.65 3.21 7.93 -7.10 4.95
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 30-Jun-2019

-15.39 1.99 6.41 -2.33 8.99

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged fund benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Chart

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 19-Sep-2019 USD 3,965.560
Base Currency USD
Fund Launch Date 26-Jun-1997
Share Class launch date 26-Jun-1997
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0278477574
Bloomberg Ticker MLLEUA1
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PGSS3
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Modified Duration as of 30-Aug-2019 5.37
3y Volatility - Benchmark as of 31-Aug-2019 9.99
5y Volatility - Benchmark as of 31-Aug-2019 11.21
5y Beta as of 31-Aug-2019 1.041

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Holdings

Holdings

as of 30-Aug-2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.32
TREASURY NOTE 2.25 03/31/2020 2.03
HUNGARY (REPUBLIC OF) 3 06/26/2024 1.93
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.87
CZECH REPUBLIC 0.95 05/15/2030 1.71
Name Weight (%)
POLAND (REPUBLIC OF) 3.25 07/25/2025 1.70
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 1.70
POLAND (REPUBLIC OF) 2.5 07/25/2027 1.66
POLAND (REPUBLIC OF) 2 04/25/2021 1.56
PERU (REPUBLIC OF) 6.35 08/12/2028 1.51
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Aug-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Aug-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Aug-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Aug-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Aug-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Aug-2019

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class A1 USD Daily 3.85 0.00 0.00 3.97 3.59 - LU0278477574 - -
Class AI5 EUR - 10.47 -0.01 -0.10 10.53 10.27 - LU1960220660 - -
Class A1 EUR Daily 3.48 0.00 0.00 3.56 3.11 - LU0278461065 - -
Class D4 EUR Annual 13.93 -0.01 -0.07 14.91 12.45 - LU0827885145 - -
Class D2 EUR None 23.00 -0.02 -0.09 23.32 19.47 - LU0329592702 - -
Class D5 GBP Quarterly 9.18 -0.01 -0.11 9.53 8.10 - LU1694209807 - -
Class D3 USD Monthly 16.05 -0.01 -0.06 16.58 14.94 - LU0523291242 - -
Class A3 USD Monthly 3.88 0.00 0.00 4.01 3.61 - LU0278470132 - -
Class D3 Hedged GBP Monthly 6.86 0.00 0.00 7.11 6.50 - LU0995345831 - -
Class D2 Hedged EUR None 7.78 0.00 0.00 8.00 7.12 - LU0622213642 - -
Class A6 USD Monthly 8.63 -0.01 -0.12 8.94 8.22 - LU1408528211 - -
Class A2 Hedged EUR None 7.62 -0.01 -0.13 7.84 7.01 - LU0359002093 - -
Class A4 EUR Annual 13.91 -0.01 -0.07 14.82 12.43 - LU0478974834 - -
Class D3 EUR Monthly 14.51 -0.01 -0.07 14.85 12.97 - LU0827884924 - -
Class A6 Hedged GBP Monthly 8.14 0.00 0.00 8.52 7.90 - LU1408528302 - -
Class A3 EUR Monthly 3.51 0.00 0.00 3.59 3.14 - LU0278457469 - -
Class AI2 EUR - 10.48 -0.01 -0.10 10.63 9.83 - LU1960220587 - -
Class A4 USD Annual 15.39 0.00 0.00 16.55 14.42 - LU0548402170 - -
Class A2 EUR None 21.68 -0.02 -0.09 21.99 18.44 - LU0278457204 - -
Class D2 Hedged GBP None 14.52 -0.01 -0.07 14.91 13.17 - LU0827885491 - -
Class A2 USD None 23.98 -0.01 -0.04 24.55 21.40 - LU0278470058 - -
Class D4 USD Annual 15.41 -0.01 -0.06 16.65 14.45 - LU0827885228 - -
Class D2 USD None 25.44 -0.01 -0.04 26.03 22.60 - LU0383940458 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Sergio Trigo Paz
Laurent Develay
Laurent Develay
Michal Wozniak
Michal Wozniak

Literature

Literature