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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
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

0.35 7.72 11.97 -12.62 -10.23
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 31-Mar-2020

-1.65 5.47 12.99 -7.58 -6.52

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 03-Apr-2020 USD 2,763.772
Base Currency USD
Fund Launch Date 26-Jun-1997
Share Class launch date 04-Oct-2012
Asset Class -
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 LU0827885228
Bloomberg Ticker BGLED4U
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B87D342
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100000
Minimum Subsequent Investment USD 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Modified Duration as of 28-Feb-2020 5.56
3y Volatility - Benchmark as of 31-Mar-2020 11.55
5y Volatility - Benchmark as of 31-Mar-2020 11.99
5y Beta as of 31-Mar-2020 1.101

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Emerging Markets Local Currency Bond Fund, Class D4, as of 31-Mar-2020 rated against 689 Global Emerging Markets Bond - Local Currency Funds.

Holdings

Holdings

as of 28-Feb-2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.41
POLAND (REPUBLIC OF) 2.75 10/25/2029 2.37
POLAND (REPUBLIC OF) 2.5 07/25/2026 2.13
TREASURY NOTE 1.375 04/30/2021 2.01
MEXICO (UNITED MEXICAN STATES) (GO 6.5 06/10/2021 1.96
Name Weight (%)
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.95
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 1.64
PERU (REPUBLIC OF) 6.95 08/12/2031 1.55
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.55
CHILE (REPUBLIC OF) 4.5 03/01/2026 1.46
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% 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 D4 USD Annual 13.18 0.00 0.00 16.65 12.70 - LU0827885228 - -
Class D4 EUR Annual 12.21 0.06 0.49 14.91 11.76 - LU0827885145 - -
Class A1 USD Daily 3.20 0.00 0.00 3.97 3.09 - LU0278477574 - -
Class A2 USD None 20.45 0.00 0.00 25.12 19.72 - LU0278470058 - -
Class D3 EUR Monthly 12.32 0.07 0.57 15.07 11.92 - LU0827884924 - -
Class D3 Hedged GBP Monthly 5.57 0.00 0.00 7.11 5.42 - LU0995345831 - -
Class D2 Hedged GBP None 12.18 -0.01 -0.08 15.15 11.78 - LU0827885491 - -
Class A3 USD Monthly 3.21 0.00 0.00 4.01 3.11 - LU0278470132 - -
Class A4 EUR Annual 12.16 0.07 0.58 14.82 11.71 - LU0478974834 - -
Class A4 USD Annual 13.12 0.00 0.00 16.55 12.65 - LU0548402170 - -
Class D3 USD Monthly 13.29 -0.01 -0.08 16.58 12.88 - LU0523291242 - -
Class A6 USD Monthly 7.08 -0.01 -0.14 8.94 6.87 - LU1408528211 - -
Class A2 EUR None 18.95 0.10 0.53 22.99 18.26 - LU0278457204 - -
Class AI5 EUR - 8.80 0.05 0.57 10.84 8.47 - LU1960220660 - -
Class D5 GBP Quarterly 7.65 0.06 0.79 9.53 7.56 - LU1694209807 - -
Class D2 USD None 21.76 0.00 0.00 26.70 20.97 - LU0383940458 - -
Class D2 EUR None 20.17 0.12 0.60 24.44 19.42 - LU0329592702 - -
Class A3 EUR Monthly 2.98 0.02 0.68 3.64 2.88 - LU0278457469 - -
Class D2 Hedged EUR None 6.52 0.00 0.00 8.09 6.30 - LU0622213642 - -
Class A2 Hedged EUR None 6.37 0.00 0.00 7.91 6.16 - LU0359002093 - -
Class A1 EUR Daily 2.96 0.01 0.34 3.62 2.86 - LU0278461065 - -
Class A6 Hedged GBP Monthly 6.55 0.00 0.00 8.46 6.37 - LU1408528302 - -
Class AI2 EUR - 9.16 0.05 0.55 11.11 8.83 - LU1960220587 - -

Portfolio Managers

Portfolio Managers

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

Literature

Literature