Overview
The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The strategies utilized by the Fund involve the use of derivatives to facilitate certain investment management techniques including the establishment of both 'long' and 'synthetic short' positions and creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The use of derivatives in this manner may have the effect of increasing the overall risk profile of the Funds. Investors in this fund should understand that the Fund is not guaranteed to produce a positive return and as an absolute return product, performance may not move in line with general stock market trends as both positive and negative share movements affect the overall value of the fund. The Manager employs a risk management process to oversee and manage derivative exposure within the Fund. The Fund may be exposed to finance sector companies, as a service provider or as counterparty for financial contracts. Liquidity in the financial markets has been severely restricted, causing a number of firms to withdrawn from the market, or in some extreme cases, becoming insolvent. This may have an adverse affect on the activities of the fund.

Performance
Performance
Growth of Hypothetical 10,000
Reinvestments
-
Returns
Key Facts
Key Facts
ESG Integration
ESG Integration
ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of 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, but rather describes how ESG information is considered as part of the overall investment process.
The Fund manager includes ESG considerations in the research and decision phases of the investment process. This may include relevant, internal ESG research which along with multiple other research insights, informs active portfolio weighting versus a reference benchmark (or weighting implemented to achieve an absolute return outcome, if applicable). The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.
Ratings
Ratings
Risk Indicator
Risk Indicator
Holdings
Holdings
Name | Weight (%) |
---|---|
DTE ENERGY COMPANY | 3.15 |
BLACK HILLS CORPORATION | 2.76 |
CIGNA CORP | 2.12 |
ILLINOIS TOOL WORKS INC | 2.10 |
CMS ENERGY CORPORATION | 1.75 |
Name | Weight (%) |
---|---|
HEICO CORP | 1.72 |
ESSEX PROPERTY TRUST INC | 1.57 |
MARSH & MCLENNAN COMPANIES INC | 1.55 |
KEYCORP | 1.53 |
ONE GAS INC | 1.45 |
Exposure Breakdowns
Exposure Breakdowns
Pricing & Exchange
Pricing & Exchange
Investor Class | Currency | Distribution Frequency | NAV | NAV Amount Change | NAV % Change | 52wk High | 52wk Low | Bid Price | ISIN | Offer Price | TIS |
---|---|---|---|---|---|---|---|---|---|---|---|
A2 Hgd | EUR | Accumulating | 120.57 | -0.28 | -0.23 | 127.90 | 117.07 | - | LU0725892466 | - | - |
D2 Hgd | CHF | Accumulating | 101.45 | -0.22 | -0.22 | 107.27 | 98.15 | - | LU1238068594 | - | - |
A2 | USD | Accumulating | 135.97 | -0.31 | -0.23 | 142.90 | 130.55 | - | LU0725887540 | - | - |
D2 Hgd | EUR | Accumulating | 125.72 | -0.29 | -0.23 | 132.78 | 121.47 | - | LU0725892383 | - | - |
A2 | EUR | - | 112.32 | -0.55 | -0.49 | 116.33 | 94.12 | - | LU1991022069 | - | - |
A2 | GBP | Accumulating | 177.91 | -1.58 | -0.88 | 185.72 | 149.44 | - | LU0784324112 | - | - |
I2 Hgd | SEK | - | 96.41 | -0.21 | -0.22 | 101.51 | 92.47 | - | LU1873114208 | - | - |
A2 Hgd | SEK | Accumulating | 123.59 | -0.27 | -0.22 | 130.56 | 119.47 | - | LU0765562458 | - | - |
X2 | USD | Accumulating | 170.27 | -0.36 | -0.21 | 178.86 | 160.61 | - | LU0849781678 | - | - |
A2 | AUD | Accumulating | 195.89 | -3.30 | -1.66 | 210.01 | 178.30 | - | LU0840974975 | - | - |
D2 Hgd | GBP | Accumulating | 113.13 | -0.25 | -0.22 | 118.83 | 108.43 | - | LU1246651910 | - | - |
I2 Hgd | JPY | - | 9,986.09 | -22.43 | -0.22 | 10,514.61 | 9,612.95 | - | LU1791183780 | - | - |
I2 Hgd | EUR | Accumulating | 103.04 | -0.23 | -0.22 | 108.67 | 99.51 | - | LU1323999489 | - | - |
I2 | USD | Accumulating | 111.89 | -0.25 | -0.22 | 117.37 | 107.17 | - | LU1653088168 | - | - |
D2 | USD | Accumulating | 117.40 | -0.26 | -0.22 | 123.24 | 112.59 | - | LU1238068321 | - | - |
E2 Hgd | EUR | Accumulating | 95.95 | -0.22 | -0.23 | 101.91 | 93.64 | - | LU1266592614 | - | - |
Listings
Portfolio Managers
Portfolio Managers

Raffaele Savi, Managing Director, is Global Head of BlackRock Systematic and Co-CIO and Co-Head of Systematic Active Equity (SAE).
