Equity

BGF China 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.
  From
30-Sep-2015
To
30-Sep-2016
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
Total Return (%)

as of Sep 30, 2020

23.77 24.66 -4.71 -8.38 39.86
Benchmark (%)

as of Sep 30, 2020

11.60 30.59 -1.99 -4.45 27.82
  1Y 3Y 5Y 10y Incept.
46.58 8.61 13.89 - 8.30
Benchmark (%)

as of Nov 30, 2020

35.43 8.47 13.06 - 6.87
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
36.15 4.26 7.27 46.58 28.11 91.64 - 54.25
Benchmark (%)

as of Nov 30, 2020

24.99 6.44 7.50 35.43 27.62 84.77 - 43.49
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 4, 2020 USD 1,103.869
12m Trailing Yield -
Number of Holdings as of Oct 30, 2020 51
Base Currency U.S. Dollar
Fund Inception Date Jun 24, 2008
Share Class Inception Date Jun 24, 2015
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index MSCI EM China 10/40 Net TR Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.84%
ISIN LU1244155948
Bloomberg Ticker BGCHA2C
Annual Management Fee 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BY7S0P9
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment RMB 5000
Minimum Subsequent Investment RMB 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Nov 30, 2020 20.54
3y Beta as of Nov 30, 2020 1.049
5y Volatility - Benchmark as of Nov 30, 2020 19.02
5y Beta as of Nov 30, 2020 1.014

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 1, 2020 B
MSCI ESG Quality Score (0-10) as of Nov 1, 2020 2.51
MSCI ESG Quality Score - Peer Percentile as of Nov 1, 2020 53.64
MSCI ESG % Coverage as of Nov 1, 2020 93.53
Fund Lipper Global Classification as of Nov 1, 2020 Equity China
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 1, 2020 361.86
Funds in Peer Group as of Nov 1, 2020 796
All data is from MSCI ESG Fund Ratings as of Nov 1, 2020, based on holdings as of Apr 30, 2020. 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 Oct 30, 2020 0.00%
MSCI - UN Global Compact Violators as of Oct 30, 2020 0.00%
MSCI - Nuclear Weapons as of Oct 30, 2020 0.00%
MSCI - Thermal Coal as of Oct 30, 2020 0.00%
MSCI - Civilian Firearms as of Oct 30, 2020 0.00%
MSCI - Oil Sands as of Oct 30, 2020 0.00%
MSCI - Tobacco as of Oct 30, 2020 0.00%

Business Involvement Coverage as of Oct 30, 2020 96.58%
Percentage of Fund not covered as of Oct 30, 2020 3.42%
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 0.00% 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.

Ratings

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
TENCENT HOLDINGS LTD 9.94
ALIBABA GROUP HOLDING LTD 9.87
MEITUAN 8.59
JD.COM INC 4.92
PING AN INSURANCE GROUP CO OF CHINA LTD 3.64
Name Weight (%)
CHINA LIFE INSURANCE CO LTD 3.50
CHINA MERCHANTS BANK CO LTD 3.40
XINYI SOLAR HOLDINGS LTD 2.77
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC 2.50
LI NING CO LTD 2.48
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 Hgd CNH Accumulating 175.95 1.76 1.01 179.83 100.71 - LU1244155948 - -
A2 Hgd EUR Accumulating 21.69 0.21 0.98 22.22 12.70 - LU0359201455 - -
I2 SGD Accumulating 39.23 0.36 0.93 40.51 24.48 - LU1634772203 - -
D2 Hgd SGD Accumulating 24.69 0.25 1.02 25.26 14.30 - LU0827875856 - -
A2 Hgd SGD Accumulating 23.21 0.23 1.00 23.76 13.52 - LU0359202008 - -
A4 Hgd GBP Annual 21.94 0.21 0.97 22.46 12.80 - LU0359201026 - -
D2 Hgd EUR Accumulating 23.06 0.22 0.96 23.61 13.43 - LU0359204129 - -
C2 USD Accumulating 22.52 0.22 0.99 23.07 13.16 - LU0359203402 - -
D4 Hgd GBP Annual 22.16 0.22 1.00 22.66 12.88 - LU0827875930 - -
D2 Hgd GBP Accumulating 16.10 0.15 0.94 16.47 9.34 - LU0827876078 - -
E2 Hgd EUR Accumulating 20.44 0.20 0.99 20.94 12.01 - LU0359204632 - -
D2 HKD Accumulating 222.01 2.21 1.01 227.17 128.02 - LU0827875773 - -
A2 EUR Accumulating 21.71 0.23 1.07 22.76 14.15 - LU1216661543 - -
A2 USD Accumulating 26.39 0.27 1.03 27.00 15.28 - LU0359201612 - -
I2 USD Accumulating 29.46 0.30 1.03 30.12 16.93 - LU0474536744 - -
X2 USD Accumulating 28.65 0.29 1.02 29.28 16.38 - LU0528100869 - -
D2 USD Accumulating 28.70 0.29 1.02 29.35 16.53 - LU0359204475 - -

Portfolio Managers

Portfolio Managers

Lucy Liu
Director, is a research analyst within the Asian Equities team

Lucy Liu

Literature

Literature