Multi Asset

BlackRock Global Equity Selection 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. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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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-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
From
30-Sep-2020
To
30-Sep-2021
Total Return (%)

as of Sep 30, 2021

- - 6.12 3.43 30.69
Benchmark (%)

as of Sep 30, 2021

- - 7.17 -1.51 28.97
  1Y 3Y 5Y 10y Incept.
24.26 16.65 - - 13.74
Benchmark (%)

as of Nov 30, 2021

24.62 14.14 - - 12.24
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
20.59 -0.19 1.23 24.26 58.71 - - 60.05
Benchmark (%)

as of Nov 30, 2021

21.78 -0.80 1.45 24.62 48.71 - - 52.48
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 3, 2021 EUR 34.003
Fund Inception Date Jul 18, 2016
Share Class Inception Date Apr 5, 2018
12m Trailing Yield -
Number of Holdings as of Nov 30, 2021 22
Base Currency Euro
Asset Class Multi Asset
Morningstar Category -
Benchmark Index 50% MS_EU_NET / 50% MSACWORNR Index
SFDR Classification Other
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 1.61%
ISIN IE00BFMM8V50
Bloomberg Ticker -
Annual Management Fee 1.60%
Initial Charge 5.00%
Performance Fee -
SEDOL BFMM8V5
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Nov 30, 2021 16.16
3y Beta as of Nov 30, 2021 1.022
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 Nov 5, 2021 AA
MSCI ESG Quality Score (0-10) as of Nov 5, 2021 7.30
MSCI ESG Quality Score - Peer Percentile as of Nov 5, 2021 63.10
MSCI ESG % Coverage as of Nov 5, 2021 85.14
Fund Lipper Global Classification as of Nov 5, 2021 Equity Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 5, 2021 107.98
Funds in Peer Group as of Nov 5, 2021 4,509
All data is from MSCI ESG Fund Ratings as of Nov 5, 2021, based on holdings as of Jun 30, 2021. 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 Nov 30, 2021 0.00%
MSCI - UN Global Compact Violators as of Nov 30, 2021 0.62%
MSCI - Nuclear Weapons as of Nov 30, 2021 0.08%
MSCI - Thermal Coal as of Nov 30, 2021 0.27%
MSCI - Civilian Firearms as of Nov 30, 2021 0.00%
MSCI - Oil Sands as of Nov 30, 2021 0.02%
MSCI - Tobacco as of Nov 30, 2021 0.68%

Business Involvement Coverage as of Nov 30, 2021 95.12%
Percentage of Fund not covered as of Nov 30, 2021 4.88%
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 0.77% and for Oil Sands 0.96%.

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.


Within its Solutions platform, the Fund manager conducts assessments for all third-party active managers as part of an approval process: this assessment considers whether managers have dedicated ESG resources or use internal ESG data, as well as the degree to which ESG is fully integrated into the investment process. For equity managers, the Fund manager also considers the strength of investment stewardship capabilities. The assessment results in an internal manager-specific ESG rating based on the level of ESG integration. The Fund manager considers these ratings when selecting new active managers. The Fund manager includes ESG criteria in Portfolio Construction Review meetings. The Fund manager reviews internal ESG ratings in manager research reviews. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock’s Risk and Quantitative Analysis group. These reviews include discussion of portfolio exposure to material environmental, social and governance risks.

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Nov 30, 2021
Name Weight (%)
BGF UNITED KINGDOM FUND X2 EUR 3.45
ASML HOLDING NV 1.87
MICROSOFT CORP 1.64
LVMH 1.42
NOVO NORDISK CLASS B 1.36
Name Weight (%)
LONZA GROUP AG 1.24
APPLE INC 1.20
AMAZON COM INC 1.17
SIKA AG 1.11
DSV 1.02
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
A EUR - 15.82 -0.06 -0.37 16.67 12.89 15.82 IE00BFMM8V50 15.82 -
D EUR Accumulating 18.50 -0.07 -0.36 19.49 14.91 18.50 IE00BYQQ0G50 18.50 -
E EUR Accumulating 17.01 -0.06 -0.37 17.93 13.88 17.01 IE00BYQQ0H67 17.01 -

Portfolio Managers

Portfolio Managers

Bruno Rovelli
Bruno Rovelli

Literature

Literature