Equity

BGF Asian Dragon 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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Distributions

Record Date Ex-Date Payable Date
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  From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
Total Return (%)

as of Dec 31, 2020

30.78 27.47 -11.96 18.19 18.03
Benchmark (%)

as of Dec 31, 2020

25.77 29.45 -9.05 13.61 21.16
  1Y 3Y 5Y 10y Incept.
27.25 7.50 17.65 - 13.74
Benchmark (%)

as of Jan 31, 2021

30.73 8.23 17.09 - -
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
4.24 4.24 15.82 27.25 24.23 125.43 - 104.08
Benchmark (%)

as of Jan 31, 2021

3.61 3.61 13.07 30.73 26.76 120.05 - -
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 Feb 26, 2021 USD 1,433.219
12m Trailing Yield as of Jan 31, 2021 0.77
Number of Holdings as of Jan 29, 2021 62
Base Currency U.S. Dollar
Fund Inception Date Jan 2, 1997
Share Class Inception Date Jul 15, 2015
Asset Class Equity
Morningstar Category Asia ex-Japan Equity
Benchmark Index MSCI AC Asia ex Japan (Net) in GBP Performance Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.83%
ISIN LU1260044513
Bloomberg Ticker BGADI4G
Annual Management Fee 0.75%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BYM6QC7
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 10000000
Minimum Subsequent Investment GBP 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Jan 31, 2021 14.03
3y Beta as of Jan 31, 2021 1.111
5y Volatility - Benchmark as of Jan 31, 2021 13.96
5y Beta as of Jan 31, 2021 1.080

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 Feb 5, 2021 A
MSCI ESG Quality Score (0-10) as of Feb 5, 2021 6.35
MSCI ESG Quality Score - Peer Percentile as of Feb 5, 2021 54.56
MSCI ESG % Coverage as of Feb 5, 2021 95.18
Fund Lipper Global Classification as of Feb 5, 2021 Equity Asia Pacific ex Japan
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Feb 5, 2021 203.88
Funds in Peer Group as of Feb 5, 2021 658
All data is from MSCI ESG Fund Ratings as of Feb 5, 2021, based on holdings as of Sep 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 Jan 29, 2021 0.00%
MSCI - UN Global Compact Violators as of Jan 29, 2021 0.00%
MSCI - Nuclear Weapons as of Jan 29, 2021 0.00%
MSCI - Thermal Coal as of Jan 29, 2021 0.00%
MSCI - Civilian Firearms as of Jan 29, 2021 0.00%
MSCI - Oil Sands as of Jan 29, 2021 0.00%
MSCI - Tobacco as of Jan 29, 2021 0.00%

Business Involvement Coverage as of Jan 29, 2021 92.29%
Percentage of Fund not covered as of Jan 29, 2021 7.71%
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.

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
Overall Morningstar Rating for BGF Asian Dragon Fund, Class I4, as of Sep 30, 2018 rated against 746 Asia ex-Japan Equity Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Oct 9, 2018)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jan 29, 2021
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 8.69
TENCENT HOLDINGS LTD 8.14
SAMSUNG ELECTRONICS CO LTD 7.58
ALIBABA GROUP HOLDING LTD 5.56
PING AN INSURANCE GROUP CO OF CHINA LTD 2.67
Name Weight (%)
CHINA CONSTRUCTION BANK CORP 2.61
MEITUAN 2.36
RELIANCE INDUSTRIES LTD 2.35
BANK CENTRAL ASIA TBK PT 2.00
CHINA MENGNIU DAIRY CO LTD 1.90
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 29, 2021

% of Market Value

Type Fund
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
Class I4 GBP Annual 11.77 -0.31 -2.57 12.71 7.92 - LU1260044513 - -
C2 USD Accumulating 43.58 -1.89 -4.16 46.83 24.74 - LU0147401474 - -
A2 GBP Accumulating 41.99 -1.10 -2.55 45.36 28.27 - LU0171270639 - -
A2 Hgd PLN Accumulating 158.14 -6.79 -4.12 169.79 89.43 - LU1499592209 - -
C2 EUR Accumulating 35.95 -1.20 -3.23 38.89 22.91 - LU0331282235 - -
X4 GBP Annual 38.85 -1.02 -2.56 41.96 26.15 - LU0462858753 - -
A4 GBP Annual 40.31 -1.06 -2.56 43.55 27.14 - LU0204061278 - -
A2 EUR Accumulating 48.27 -1.60 -3.21 52.19 30.40 - LU0171269466 - -
A2 Hgd EUR Accumulating 17.34 -0.74 -4.09 18.62 9.88 - LU1279613365 - -
I2 USD Accumulating 17.37 -0.75 -4.14 18.66 9.66 - LU1214678440 - -
D2 EUR Accumulating 53.24 -1.76 -3.20 57.56 33.30 - LU0329592298 - -
I2 Hgd AUD Accumulating 13.88 -0.58 -4.01 14.88 7.80 - LU1664188957 - -
A2 USD Accumulating 58.51 -2.53 -4.14 62.85 32.84 - LU0072462343 - -
A2 Hgd CHF Accumulating 17.09 -0.74 -4.15 18.36 9.74 - LU1279613100 - -
D4 GBP Annual 40.72 -1.07 -2.56 43.99 27.41 - LU0827875260 - -
A2 Hgd SGD Accumulating 17.95 -0.77 -4.11 19.27 10.14 - LU1048588211 - -
D2 GBP Accumulating 46.31 -1.22 -2.57 50.02 30.96 - LU0827875187 - -
X2 USD Accumulating 71.32 -3.08 -4.14 76.57 39.38 - LU0462857276 - -
D2 Hgd EUR Accumulating 18.09 -0.77 -4.08 19.41 10.24 - LU1279613522 - -
D2 USD Accumulating 64.54 -2.78 -4.13 69.30 35.97 - LU0411709560 - -
D2 Hgd CHF Accumulating 17.79 -0.77 -4.15 19.11 10.07 - LU1279613282 - -
Class I4 EUR Annual 13.55 -0.44 -3.15 14.64 8.53 - LU1330249480 - -
Class I4 USD Annual 16.40 -0.71 -4.15 17.61 9.20 - LU1250982748 - -
D2 Hgd AUD Accumulating 28.47 -1.20 -4.04 30.52 16.04 - LU1697774625 - -
E2 EUR Accumulating 43.95 -1.45 -3.19 47.53 27.81 - LU0171270985 - -
A2 Hgd AUD Accumulating 18.95 -0.81 -4.10 20.33 10.76 - LU1023056804 - -
E2 USD Accumulating 53.27 -2.31 -4.16 57.23 30.04 - LU0147401631 - -
I2 EUR Accumulating 14.33 -0.48 -3.24 15.49 8.94 - LU1250987382 - -

Portfolio Managers

Portfolio Managers

Stephen Andrews
Stephen Andrews
Nicholas Chui
Nicholas Chui

Literature

Literature