Equity

BGF Latin American Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
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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.
Missing discrete annual returns data.
Performance data is not currently available
Performance data is not currently available
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 Apr 20, 2021 USD 866.631
12m Trailing Yield -
Number of Holdings as of Mar 31, 2021 43
Base Currency U.S. Dollar
Fund Inception Date Jan 8, 1997
Share Class Inception Date Oct 4, 2012
Asset Class Equity
Morningstar Category -
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge -
ISIN -
Bloomberg Ticker -
Annual Management Fee -
Initial Charge -
Performance Fee -
SEDOL -
Dealing Settlement Trade date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment SGD 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

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. 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 Mar 31, 2021 0.00%
MSCI - UN Global Compact Violators as of Mar 31, 2021 19.55%
MSCI - Nuclear Weapons as of Mar 31, 2021 0.00%
MSCI - Thermal Coal as of Mar 31, 2021 0.00%
MSCI - Civilian Firearms as of Mar 31, 2021 0.00%
MSCI - Oil Sands as of Mar 31, 2021 0.00%
MSCI - Tobacco as of Mar 31, 2021 0.00%

Business Involvement Coverage as of Mar 31, 2021 99.32%
Percentage of Fund not covered as of Mar 31, 2021 0.68%
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 13.05% 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

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Mar 31, 2021
Name Weight (%)
VALE SA 9.47
BANCO BRADESCO SA 7.74
PETROLEO BRASILEIRO SA PETROBRAS 6.50
AMERICA MOVIL SAB DE CV 5.06
WAL MART DE MEXICO SAB DE CV 4.69
Name Weight (%)
SUZANO SA 4.44
B3 SA BRASIL BOLSA BALCAO 4.18
CEMEX SAB DE CV 4.04
GRUPO FINANCIERO BANORTE SAB DE CV 3.64
GRUPO MEXICO SAB DE CV 3.58
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
D2 Hgd SGD Accumulating - - - - - - - - -
I2 EUR - 8.76 -0.05 -0.57 9.15 6.12 - LU0368234455 - -
E2 USD Accumulating 56.74 -0.26 -0.46 59.88 36.05 - LU0147409709 - -
D2 GBP Accumulating 49.75 -0.21 -0.42 53.66 35.77 - LU0827883876 - -
A4 EUR Annual 48.61 -0.30 -0.61 50.94 34.52 - LU0408221785 - -
D2 Hgd GBP Accumulating 39.46 -0.18 -0.45 41.49 24.98 - LU0827884411 - -
X4 GBP Annual 41.12 -0.17 -0.41 44.20 30.11 - LU0462858670 - -
D2 Hgd CHF Accumulating 5.87 -0.03 -0.51 6.19 3.73 - LU0827884171 - -
C2 USD Accumulating 46.61 -0.21 -0.45 49.29 29.82 - LU0147409378 - -
A4 GBP Annual 41.29 -0.18 -0.43 44.62 30.08 - LU0204063647 - -
D4 EUR Annual 48.81 -0.30 -0.61 51.05 34.73 - LU0827883959 - -
D4 GBP Annual 41.36 -0.17 -0.41 44.60 30.18 - LU0827884098 - -
D2 USD Accumulating 69.43 -0.32 -0.46 73.04 43.61 - LU0252970081 - -
A2 EUR Accumulating 51.74 -0.31 -0.60 54.22 36.51 - LU0171289498 - -
A2 USD Accumulating 62.31 -0.28 -0.45 65.67 39.41 - LU0072463663 - -
D2 Hgd EUR Accumulating 46.80 -0.22 -0.47 49.30 29.91 - LU0827884254 - -
D2 Hgd PLN Accumulating 8.22 -0.04 -0.48 8.66 5.24 - LU0827884338 - -
A2 Hgd CHF Accumulating 5.52 -0.02 -0.36 5.83 3.53 - LU0521028802 - -
X2 USD Accumulating 78.39 -0.35 -0.44 82.19 48.66 - LU0462856542 - -
A2 Hgd PLN Accumulating 7.71 -0.03 -0.39 8.13 4.94 - LU0480534832 - -
A2 Hgd SGD Accumulating 5.80 -0.02 -0.34 6.11 3.68 - LU0572108347 - -
I2 USD - 10.55 -0.05 -0.47 11.09 6.61 - LU1847653067 - -
A2 Hgd AUD Accumulating 9.01 -0.04 -0.44 9.49 5.79 - LU1023057877 - -
D2 EUR Accumulating 57.65 -0.35 -0.60 60.30 40.40 - LU0252965164 - -
E2 EUR Accumulating 47.11 -0.29 -0.61 49.44 33.40 - LU0171289571 - -
D2 Hgd SGD Accumulating 6.18 -0.03 -0.48 6.50 3.90 - LU0827884502 - -
J2 USD Accumulating 83.95 -0.38 -0.45 88.02 52.11 - LU0245446215 - -
A2 Hgd HKD Accumulating 8.31 -0.04 -0.48 8.76 5.25 - LU0788109048 - -
C2 EUR Accumulating 38.70 -0.24 -0.62 40.69 27.63 - LU0331286228 - -
E2 GBP Accumulating 40.66 -0.17 -0.42 43.99 29.57 - LU0171289811 - -
A2 GBP Accumulating 44.65 -0.19 -0.42 48.25 32.32 - LU0171289738 - -

Portfolio Managers

Portfolio Managers

Ed Kuczma
Ed Kuczma

Literature

Literature