Equity

BlackRock Sustainable Equity Factor Plus Fund

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. 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.
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Performance

Performance

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This chart shows the fund's performance as the percentage loss or gain per year over the last 1 years.

  2019 2020 2021 2022 2023
Total Return (%) 17.5
Comparator Benchmark 1 (%) 23.8

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

  1y 3y 5y 10y Incept.
22.52 - - - 5.95
Comparator Benchmark 1 (%) 24.03 - - - 8.63
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
8.52 2.53 2.08 13.19 22.52 - - - 13.87
Comparator Benchmark 1 (%) 8.53 2.54 3.12 14.23 24.03 - - - 20.44
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of 31-Mar-2024

- - - -11.38 23.30
Comparator Benchmark 1 (%)

as of 31-Mar-2024

- - - -7.02 25.11

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 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

Key Facts

Key Facts

Net Assets of Fund
as of 21-Jun-2024
USD 452,668,923
Fund Launch Date
01-Mar-2022
Fund Base Currency
USD
Comparator Benchmark 1
MSCI WORLD 4 PM BST - NET (USD)
Ongoing Charges Figures
0.03%
Annual Management Fee
0.00%
Minimum Initial Investment
EUR 5,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
Share Class launch date
01-Mar-2022
Share Class Currency
EUR
Asset Class
Equity
Initial Charge
0.00%
ISIN
IE000NHL7CK0
Performance Fee
0.00%
Minimum Subsequent Investment
EUR 1,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
SEDOL
BNKSQ06

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31-May-2024
158
3y Beta
as of -
-
P/B Ratio
as of 31-May-2024
3.26
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31-May-2024
21.54

Sustainability Characteristics

Sustainability Characteristics

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. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, 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 methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of 31-May-2024
0.00%
MSCI - Nuclear Weapons
as of 31-May-2024
0.00%
MSCI - Civilian Firearms
as of 31-May-2024
0.00%
MSCI - Tobacco
as of 31-May-2024
0.00%
MSCI - UN Global Compact Violators
as of 31-May-2024
0.00%
MSCI - Thermal Coal
as of 31-May-2024
0.00%
MSCI - Oil Sands
as of 31-May-2024
0.00%

Business Involvement Coverage
as of 31-May-2024
99.67%
Percentage of Fund not covered
as of 31-May-2024
0.00%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.75% and for Oil Sands 0.52%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

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, selection, monitoring and reporting phases of the investment process. This may include third-party and internal material considerations, as defined by the investment team, of ESG criteria. The Fund manager undergoes a rigorous research phase in the construction of internal ESG research signals, which highlight criteria such as environmental aspects, human capital or management quality. As part of this research, the Fund manager may conduct due diligence on ESG data providers. Once these signals have met the criteria necessary to be incorporated in the portfolio, they are considered, where applicable, as part of the investment decisions on an ongoing basis as part of a broader set of signals. The Fund manager additionally uses standardized ESG criteria (headline ESG ratings, carbon emissions intensity) during the reporting phase. These may be sourced internally or directly from third-party data providers and are featured in internal portfolio analytics. The Fund manager conducts regular portfolio risk reviews with Risk and Quantitative Analysis group. 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

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

Ratings

Holdings

Holdings

as of 31-May-2024
Name Weight (%)
MICROSOFT CORPORATION 5.64
NVIDIA CORPORATION 4.90
APPLE INC 3.50
ALPHABET INC 3.23
MASTERCARD INC 2.53
Name Weight (%)
MERCK & CO INC 2.45
NOVO NORDISK A/S 2.39
APPLIED MATERIALS INC 2.26
LAM RESEARCH CORPORATION 2.13
MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT IN MUENCHEN AG 2.07
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-May-2024

% of Market Value

Type Fund Benchmark Net
as of 31-May-2024

% of Market Value

Type Fund Benchmark Net
as of 31-May-2024

% of Market Value

Type Fund Benchmark Net
as of 31-May-2024

% 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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D Acc EUR 117.70 -1.02 -0.86 21-Jun-2024 118.72 91.57 IE000NHL7CK0
Class D Acc GBP 103.37 -0.41 -0.40 21-Jun-2024 103.78 99.06 IE000B51ZVF3
Class D Acc USD 136.01 -1.17 -0.85 21-Jun-2024 137.17 104.59 IE000WLFEDT4
Class D Hedged Acc GBP 120.09 -1.04 -0.86 21-Jun-2024 121.13 92.80 IE000PAYF3V4
Class X Acc EUR 129.69 -0.62 -0.48 21-Jun-2024 130.32 100.57 IE00015218S5
Class X Acc GBP 122.91 -0.49 -0.40 21-Jun-2024 123.40 97.97 IE0000TVUVV4

Portfolio Managers

Portfolio Managers

Philip Hodges
Philip Hodges
He Ren
He Ren

Literature

Literature