Equity

BGF Asia Pacific Equity Income 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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Distributions

Record Date Ex-Date Payable Date
View full table
  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

15.15 -1.20 -5.52 1.15 24.58
Benchmark (%)

as of Sep 30, 2021

20.67 1.95 -1.77 13.59 16.59
  1Y 3Y 5Y 10y Incept.
24.58 5.99 6.26 - 7.01
Benchmark (%)

as of Sep 30, 2021

16.59 9.17 9.86 - 7.29
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
0.66 -3.28 -3.82 24.58 19.05 35.44 - 84.58
Benchmark (%)

as of Sep 30, 2021

-2.14 -4.02 -8.41 16.59 30.10 60.06 - 89.07
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 Oct 21, 2021 USD 170.337
12m Trailing Yield as of Sep 30, 2021 2.93
Number of Holdings as of Sep 30, 2021 60
Base Currency U.S. Dollar
Fund Inception Date Sep 18, 2009
Share Class Inception Date Sep 13, 2012
Asset Class Equity
Morningstar Category Asia-Pacific ex-Japan Equity Income
Benchmark Index MSCI All Country Asia Pacific Ex Japan Index, Net Dividends
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.11%
ISIN LU0827875005
Bloomberg Ticker BGAD5GU
Annual Management Fee 0.75%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B7JZV90
Bloomberg Benchmark Ticker NDUECAPF
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

3y Volatility - Benchmark as of Sep 30, 2021 18.81
3y Beta as of Sep 30, 2021 0.979
5y Volatility - Benchmark as of Sep 30, 2021 15.85
5y Beta as of Sep 30, 2021 0.982

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 Oct 7, 2021 A
MSCI ESG Quality Score (0-10) as of Oct 7, 2021 6.30
MSCI ESG Quality Score - Peer Percentile as of Oct 7, 2021 50.75
MSCI ESG % Coverage as of Oct 7, 2021 95.90
Fund Lipper Global Classification as of Oct 7, 2021 Equity Asia Pacific ex Japan
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Oct 7, 2021 226.95
Funds in Peer Group as of Oct 7, 2021 666
All data is from MSCI ESG Fund Ratings as of Oct 7, 2021, based on holdings as of Apr 30, 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 Sep 30, 2021 1.13%
MSCI - UN Global Compact Violators as of Sep 30, 2021 0.06%
MSCI - Nuclear Weapons as of Sep 30, 2021 0.00%
MSCI - Thermal Coal as of Sep 30, 2021 0.00%
MSCI - Civilian Firearms as of Sep 30, 2021 0.00%
MSCI - Oil Sands as of Sep 30, 2021 0.00%
MSCI - Tobacco as of Sep 30, 2021 0.00%

Business Involvement Coverage as of Sep 30, 2021 100.63%
Percentage of Fund not covered as of Sep 30, 2021 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 0.08% and for Oil Sands 1.44%.

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

3 stars
Overall Morningstar Rating for BGF Asia Pacific Equity Income Fund, Class D5G, as of Sep 30, 2021 rated against 260 Asia-Pacific ex-Japan Equity Income Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Sep 30, 2021
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 7.30
TENCENT HOLDINGS LTD 5.16
SAMSUNG ELECTRONICS CO LTD 4.92
BLACKROCK PREMIER FUNDS - BLACKROCK CHINA A-SHARES FUND 3.37
AIA GROUP LTD 2.87
Name Weight (%)
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD 2.20
SIAM COMMERCIAL BANK PCL 2.12
UNITED OVERSEAS BANK LTD 2.08
SONIC HEALTHCARE LTD 2.07
JIANGSU EXPRESSWAY CO LTD 1.99
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2021

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2021

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2021

% 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
D5G USD Quarterly 15.76 -0.08 -0.51 17.29 13.15 - LU0827875005 - -
E5G Hgd EUR Quarterly 9.29 -0.05 -0.54 10.35 7.93 - LU0628613472 - -
A6 Hgd HKD Monthly Stable 115.72 -0.64 -0.55 127.08 97.06 - LU0765512784 - -
A8 Hgd CNH Monthly Stable with IRD 123.93 -0.66 -0.53 134.88 102.70 - LU1257007481 - -
A8 Hgd ZAR Monthly Stable with IRD 105.71 -0.55 -0.52 114.83 87.58 - LU1109561776 - -
X2 USD Accumulating 17.03 -0.10 -0.58 18.13 13.68 - LU1333799754 - -
A2 GBP Accumulating 18.64 -0.15 -0.80 20.20 16.26 - LU0852073260 - -
E2 EUR Accumulating 17.29 -0.09 -0.52 18.07 14.14 - LU0628613399 - -
A5G Hgd SGD Quarterly 13.19 -0.07 -0.53 14.57 11.12 - LU0414403682 - -
D5G Hgd SGD Quarterly 14.24 -0.08 -0.56 15.65 11.92 - LU0827874966 - -
D2 USD Accumulating 22.95 -0.13 -0.56 24.59 18.61 - LU0628613555 - -
A6 USD Monthly Stable 15.28 -0.08 -0.52 16.76 12.80 - LU0738912210 - -
A4G Hgd EUR Annual 10.00 -0.05 -0.50 11.15 8.49 - LU1031077412 - -
C5G USD Quarterly 12.60 -0.07 -0.55 14.02 10.72 - LU0414403849 - -
A2 USD Accumulating 21.20 -0.12 -0.56 22.83 17.32 - LU0414403419 - -
A5G HKD Quarterly 113.32 -0.61 -0.54 124.62 94.98 - LU0448666767 - -
A5G USD Quarterly 14.57 -0.08 -0.55 16.07 12.25 - LU0414403500 - -
A8 Hgd AUD Monthly Stable with IRD 14.32 -0.07 -0.49 15.68 12.00 - LU0916957664 - -
C5G Hgd SGD Quarterly 11.41 -0.06 -0.52 12.72 9.74 - LU0414403922 - -
D4G GBP Annual 13.93 -0.10 -0.71 15.42 12.39 - LU1379100800 - -
I2 USD Accumulating 14.48 -0.08 -0.55 15.49 11.71 - LU1523255765 - -

Portfolio Managers

Portfolio Managers

Sidharth Mahapatra
Sidharth Mahapatra
Stephen Andrews
Stephen Andrews

Literature

Literature