Equity

BlackRock Emerging Markets Alpha Tilts 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
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

- - -13.70 19.62 15.80
Benchmark (%)

as of Dec 31, 2020

- - -14.57 18.42 18.31
  1Y 3Y 5Y 10y Incept.
25.95 4.13 - - 8.47
Benchmark (%)

as of Jan 31, 2021

27.89 4.42 - - 8.40
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
3.60 3.60 20.68 25.95 12.90 - - 29.02
Benchmark (%)

as of Jan 31, 2021

3.07 3.07 20.88 27.89 13.87 - - 28.74
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 25, 2021 USD 623.574
Fund Inception Date Dec 12, 2017
Share Class Inception Date Dec 12, 2017
12m Trailing Yield -
Number of Holdings as of Jan 29, 2021 324
Base Currency U.S. Dollar
Asset Class Equity
Morningstar Category -
Benchmark Index MSCI Emerging Markets Index (Net)
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 0.91%
ISIN IE00BDZSCW50
Bloomberg Ticker BLEMAIA
Annual Management Fee 1.10%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BDZSCW5
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 250000
Minimum Subsequent Investment USD 50000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Jan 31, 2021 19.41
3y Beta as of Jan 31, 2021 1.036
5y Volatility - Benchmark as of - -
5y Beta as of - -

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 BBB
MSCI ESG Quality Score (0-10) as of Feb 5, 2021 5.15
MSCI ESG Quality Score - Peer Percentile as of Feb 5, 2021 45.51
MSCI ESG % Coverage as of Feb 5, 2021 97.69
Fund Lipper Global Classification as of Feb 5, 2021 Equity Emerging Mkts Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Feb 5, 2021 212.57
Funds in Peer Group as of Feb 5, 2021 1
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 0.08%
MSCI - UN Global Compact Violators as of Jan 29, 2021 1.23%
MSCI - Nuclear Weapons as of Jan 29, 2021 0.00%
MSCI - Thermal Coal as of Jan 29, 2021 0.06%
MSCI - Civilian Firearms as of Jan 29, 2021 0.00%
MSCI - Oil Sands as of Jan 29, 2021 0.33%
MSCI - Tobacco as of Jan 29, 2021 0.29%

Business Involvement Coverage as of Jan 29, 2021 90.00%
Percentage of Fund not covered as of Jan 29, 2021 10.00%
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 1.55% and for Oil Sands 0.33%.

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 the research and decision phases of the investment process. This may include relevant, internal ESG research which along with multiple other research insights, informs active portfolio weighting versus a reference benchmark (or weighting implemented to achieve an absolute return outcome, if applicable). The Fund manager conducts 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

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 7.67
TENCENT HOLDINGS LTD 6.48
ALIBABA GROUP HOLDING LTD 5.85
SAMSUNG ELECTRONICS CO LTD 4.05
MEITUAN 2.17
Name Weight (%)
NASPERS LTD 1.99
NK LUKOIL PAO 1.85
JD.COM INC 1.22
MEDIATEK INC 1.16
PING AN INSURANCE GROUP CO OF CHINA LTD 1.12
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 29, 2021

% of Market Value

Type Fund
Allocations subject to change.
as of Jan 29, 2021

% of Market Value

Type Fund
as of Jan 29, 2021

% of Market Value

Type Fund
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 Institutional USD - 13.41 0.01 0.06 14.06 7.18 13.35 IE00BDZSCW50 13.46 -
Class Flexible USD - 13.63 0.01 0.06 14.28 7.25 13.57 IE00BDZSCX67 13.68 -
Class Z USD - 13.37 0.01 0.06 14.02 7.15 13.32 IE00BDZSCV44 13.42 -
D USD - 13.59 0.01 0.06 14.25 7.26 13.54 IE00BDZSCT22 13.65 -

Portfolio Managers

Portfolio Managers

Jeff Shen, PhD
Managing Director, Co-CIO of Active Equity and Co-Head of Systematic Active Equity

 Jeff Shen

David Piazza
Managing Director, Systematic Active Equity (SAE)

David Piazza, Managing Director, is a member of the Systematic Active Equity (SAE) division within BlackRock's Active Equities Group. He is responsible for SAE's Emerging Market Equity Strategies.

Literature

Literature