Equity

BGF Emerging Markets 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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
Total Return (%)

as of Sep 30, 2021

15.42 1.50 12.78 4.17 24.13
  1Y 3Y 5Y 10y Incept.
10.48 12.81 11.57 7.86 7.60
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
4.02 -2.27 -3.41 10.48 43.58 72.90 113.20 327.69
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Dec 6, 2021 USD 2,945.428
12m Trailing Yield -
Number of Holdings as of Nov 30, 2021 82
Base Currency U.S. Dollar
Fund Inception Date Nov 30, 1993
Share Class Inception Date Jan 31, 2002
Asset Class Equity
Morningstar Category Global Emerging Markets Equity
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.85%
ISIN LU0171275786
Bloomberg Ticker ERDY GR
Annual Management Fee 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B17P9V8
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Nov 5, 2021 A
MSCI ESG Quality Score (0-10) as of Nov 5, 2021 6.38
MSCI ESG Quality Score - Peer Percentile as of Nov 5, 2021 81.39
MSCI ESG % Coverage as of Nov 5, 2021 85.10
Fund Lipper Global Classification as of Nov 5, 2021 Equity Emerging Mkts Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 5, 2021 214.52
Funds in Peer Group as of Nov 5, 2021 1,268
All data is from MSCI ESG Fund Ratings as of Nov 5, 2021, based on holdings as of May 31, 2021. 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% of the fund’s gross weight must come from securities covered 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. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

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 Nov 30, 2021 0.00%
MSCI - UN Global Compact Violators as of Nov 30, 2021 0.75%
MSCI - Nuclear Weapons as of Nov 30, 2021 0.00%
MSCI - Thermal Coal as of Nov 30, 2021 0.00%
MSCI - Civilian Firearms as of Nov 30, 2021 0.00%
MSCI - Oil Sands as of Nov 30, 2021 0.00%
MSCI - Tobacco as of Nov 30, 2021 0.00%

Business Involvement Coverage as of Nov 30, 2021 97.85%
Percentage of Fund not covered as of Nov 30, 2021 2.15%
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 0.95% and for Oil Sands 0.00%.

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 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 combination with other information in the research and decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager’s ongoing monitoring of the portfolio involves 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

Morningstar Rating

4 stars
Overall Morningstar Rating for BGF Emerging Markets Fund, Class A2, as of Nov 30, 2021 rated against 2447 Global Emerging Markets Equity Funds.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Nov 30, 2021
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 7.88
TENCENT HOLDINGS LTD 4.89
SAMSUNG ELECTRONICS CO LTD 4.77
MEITUAN 2.89
ENN ENERGY HOLDINGS LTD 2.09
Name Weight (%)
NK LUKOIL PAO 2.05
KASPIKZ AO 2.03
HDFC BANK LTD 1.97
INFOSYS LTD 1.66
SAUDI NATIONAL BANK 1.64
Holdings 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
A2 EUR Accumulating 42.37 -0.60 -1.40 48.73 38.92 - LU0171275786 - -
E2 USD Accumulating 42.68 -0.60 -1.39 52.56 42.60 - LU0090830653 - -
E2 EUR Accumulating 37.80 -0.54 -1.41 43.66 34.90 - LU0171276081 - -
A2 CZK Accumulating 1,077.54 -15.35 -1.40 1,259.86 1,023.67 - LU1791183517 - -
D2 EUR Accumulating 47.67 -0.67 -1.39 54.50 43.48 - LU0252967376 - -
I2 EUR Accumulating 16.58 -0.24 -1.43 18.92 15.09 - LU1559747883 - -
Class AI2 EUR - 13.31 -0.19 -1.41 15.30 12.22 - LU1960220405 - -
A2 USD Accumulating 47.83 -0.68 -1.40 58.67 47.52 - LU0047713382 - -
X2 USD Accumulating 19.80 -0.28 -1.39 23.95 19.34 - LU0462857433 - -
X2 EUR Accumulating 17.54 -0.25 -1.41 19.89 15.85 - LU0562137082 - -
D2 USD Accumulating 53.81 -0.76 -1.39 65.62 53.08 - LU0252970164 - -
I5 USD Quarterly 14.24 -0.20 -1.39 17.45 14.11 - LU1866970491 - -
C2 USD Accumulating 36.26 -0.52 -1.41 44.93 36.26 - LU0147403504 - -
C2 EUR Accumulating 32.12 -0.46 -1.41 37.31 29.86 - LU0337200090 - -

Portfolio Managers

Portfolio Managers

Gordon Fraser, CFA
Co-Head of Global Emerging Markets Equities, Fundamental Active Equity, BlackRock

Gordon Fraser, CFA, Managing Director, is Co-Head of Global Emerging Markets Equities for the Fundamental Active Equity division of BlackRock's Active Equity Group.

Kevin Jia
Portfolio manager, Global Emerging Market Equities team

Kevin Jia, Vice President, is a portfolio manager and research analyst on the Global Emerging Markets Equities Team within the Fundamental Active Equity division of BlackRock's Active Equity Group

Literature

Literature