Equity

BlackRock Aquila 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. 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. Overseas investments will be affected by movements in currency exchange rates. Emerging market investments are usually associated with higher investment risk than developed market investments. Therefore the value of these investments may be unpredictable and subject to greater variation. Smaller company investments are often associated with greater investment risk than those of larger company shares.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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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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  2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Total Return (%) -3.31 5.20 -7.30 32.88 26.41 -8.81 14.83 13.61 0.92 -9.30
Target Benchmark 1 (%) -2.64 5.32 -7.11 32.64 26.16 -9.02 13.94 14.21 1.46 -9.47
  1Y 3Y 5Y 10y Incept.
-9.30 1.31 1.72 5.60 -
Target Benchmark 1 (%)

as of Dec 31, 2022

-9.47 1.61 1.69 5.65 -
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-9.30 -2.40 1.50 -1.21 -9.30 3.98 8.89 72.46 -
Target Benchmark 1 (%)

as of Dec 31, 2022

-9.47 -2.53 1.25 -1.18 -9.47 4.90 8.74 73.33 -
  From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
Total Return (%)

as of Dec 31, 2022

-8.81 14.83 13.61 0.92 -9.30
Target Benchmark 1 (%)

as of Dec 31, 2022

-9.02 13.94 14.21 1.46 -9.47
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

Net Assets of Fund as of Feb 1, 2023 GBP 94,337,776
Share Class Inception Date Dec 1, 2009
Fund Inception Date Feb 15, 2010
Share Class Currency GBP
Base Currency GBP
Asset Class Equity
Target Benchmark 1 S&P IFCI Emerging Markets Composite Ex Malaysia Index in GBP
SFDR Classification -
Investment Association Category -
Initial Charge 0.00%
Ongoing Charge 0.21%
Annual Management Fee 0.10%
Performance Fee -
Minimum Initial Investment GBP 25000
Minimum Subsequent Investment -
Distribution Frequency Daily
Use of Income Distributing
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Yearly, 14th Calendar Day
Bloomberg Ticker AQEMFI
ISIN GB00B06XZJ66
SEDOL B06XZJ6

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Apr 30, 2018 1515
12m Trailing Yield as of Dec 31, 2022 3.79%
Standard Deviation (3y) as of Dec 31, 2022 15.92%
3y Beta as of Dec 31, 2022 1.000
P/E Ratio as of Apr 30, 2018 13.68
P/B Ratio as of Apr 30, 2018 1.63

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage 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 Dec 30, 2022 0.37%
MSCI - UN Global Compact Violators as of Dec 30, 2022 1.73%
MSCI - Nuclear Weapons as of Dec 30, 2022 0.01%
MSCI - Thermal Coal as of Dec 30, 2022 0.91%
MSCI - Civilian Firearms as of Dec 30, 2022 0.02%
MSCI - Oil Sands as of Dec 30, 2022 0.00%
MSCI - Tobacco as of Dec 30, 2022 0.34%

Business Involvement Coverage as of Dec 30, 2022 99.65%
Percentage of Fund not covered as of Dec 30, 2022 0.35%
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 2.74% and for Oil Sands 0.02%.

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 Dec 30, 2022
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING 3.50
TENCENT HOLDINGS LTD 3.28
SAMSUNG ELECTRONICS LTD 2.86
ALIBABA GROUP HOLDING ADR REPRESEN 2.16
RELIANCE INDUSTRIES LTD 1.37
Name Weight (%)
MEITUAN 1.18
HDFC BANK LTD 1.05
INFOSYS LTD 0.87
JD.COM ADR REPRESENTING INC 0.87
CIA VALE DO RIO DOCE SH 0.84
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Dec 30, 2022

% of Market Value

Type Fund Benchmark Net
as of Dec 30, 2022

% 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

Pricing & Exchange

Investor Class Currency Distribution Frequency Bid Price Offer Price ISIN TIS
S2 GBP Daily 5.85 5.88 GB00B06XZJ66 -
S1 GBP - 10.16 10.21 GB00B06Y0X80 -

Portfolio Managers

Portfolio Managers

Dharma Laloobhai
Dharma Laloobhai
Manus Stapleton
Manus Stapleton
EMEA Index Investment Institutional PE
EMEA Index Investment Institutional PE

Literature

Literature