Multi Asset

BSF - BlackRock Managed Index Portfolio Conservative

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

Loading

Performance

Performance

Chart

View full chart

This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 14.8 0.3 7.6 -15.2 8.0

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
13.90 0.44 1.84 - 1.92
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
7.60 1.14 2.52 4.14 13.90 1.34 9.56 - 13.57
  From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
From
30-Sep-2021
To
30-Sep-2022
From
30-Sep-2022
To
30-Sep-2023
From
30-Sep-2023
To
30-Sep-2024
Total Return (%)

as of 30-Sep-2024

-1.23 9.46 -13.38 2.72 13.90

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in EUR, hedged share class benchmark performance is displayed in EUR.

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

Key Facts

Key Facts

Net Assets of Fund
as of 31-Oct-2024
EUR 128,163,973
Fund Launch Date
26-Jan-2018
Fund Base Currency
EUR
Initial Charge
5.00%
Management Fee
1.00
Performance Fee
0.00%
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
B3FQ GR
Share Class launch date
26-Jan-2018
Share Class Currency
EUR
Asset Class
Multi Asset
Ongoing Charges Figures
1.13%
ISIN
LU1733247073
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
EUR Moderate Allocation - Global
Dealing Frequency
Daily, forward pricing basis
SEDOL
BYW67S0

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30-Sep-2024
30
P/E Ratio
as of 31-Oct-2024
16.54
Yield to Maturity
as of 31-Oct-2024
2.21
Effective Duration
as of 31-Oct-2024
2.85
Standard Deviation (3y)
as of 30-Sep-2024
8.15%
P/B Ratio
as of 31-Oct-2024
1.04
Modified Duration
as of 31-Oct-2024
2.92
Weighted Avg Maturity
as of 31-Oct-2024
3.71

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.

The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.

Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC)
as of 21-Sep-2024
A
MSCI ESG Quality Score (0-10)
as of 21-Sep-2024
6.55
Fund Lipper Global Classification
as of 21-Sep-2024
Mixed Asset EUR Bal - Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 21-Sep-2024
72.42
MSCI ESG % Coverage
as of 21-Sep-2024
96.47
MSCI ESG Quality Score - Peer Percentile
as of 21-Sep-2024
10.19
Funds in Peer Group
as of 21-Sep-2024
795
MSCI Weighted Average Carbon Intensity % Coverage
as of 21-Sep-2024
54.89
All data is from MSCI ESG Fund Ratings as of 21-Sep-2024, based on holdings as of 31-May-2024. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in the research, monitoring and reporting phases of the investment process. This may include both BlackRock and third-party research and feeds into the initial investment decision. When making buy, hold and sell decisions, the team may take into consideration potential competitive advantages of allocating to vehicles that provide access to companies with stronger ESG characteristics, within a given industry. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock's Risk and Quantitative Analysis group as well as portfolio reviews with Chief Investment Officers. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

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

Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Nominal Price Exchange
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-2024

% of Market Value

Type Fund
as of 31-Oct-2024

% of Market Value

Type Fund
Allocations subject to change.
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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class A2 EUR 113.09 -1.25 -1.09 31-Oct-2024 115.05 97.90 LU1733247073
Class D5 EUR 113.57 -1.25 -1.09 31-Oct-2024 115.52 98.19 LU1733247313
Class A4 EUR 112.61 -1.25 -1.10 31-Oct-2024 114.56 97.48 LU1733247156
Class D2 Hedged USD 134.66 -1.46 -1.07 31-Oct-2024 136.87 113.85 LU1733247669
Class D2 EUR 118.04 -1.30 -1.09 31-Oct-2024 120.06 101.54 LU1733247230
Class A2 Hedged USD 129.03 -1.40 -1.07 31-Oct-2024 131.17 109.78 LU1733247404
Class D2 Hedged GBP 125.02 -1.38 -1.09 31-Oct-2024 127.10 106.30 LU1733247586

Portfolio Managers

Portfolio Managers

Rafael Iborra
Investment Lead of EMEA Model Portfolio Solutions for Multi-Asset Strategies & Solutions

   

Christopher Downing
Christopher Downing
Steve Walker
Steve Walker

Literature

Literature