Multi Asset

BlackRock Fixed Income Selection 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. Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. 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
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

- - - 5.46 3.38
  1Y 3Y 5Y 10y Incept.
2.18 - - - 1.58
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-0.44 -0.44 2.22 2.18 - - - 4.53
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 24, 2021 EUR 63.860
Fund Inception Date Jul 18, 2016
Share Class Inception Date Apr 5, 2018
12m Trailing Yield -
Number of Holdings as of Jan 29, 2021 21
Base Currency Euro
Asset Class Multi Asset
Morningstar Category -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charge 1.23%
ISIN IE00BFMM8W67
Bloomberg Ticker -
Annual Management Fee 1.12%
Initial Charge 5.00%
Performance Fee -
SEDOL BFMM8W6
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000000
Minimum Subsequent Investment -
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

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. 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 - -
MSCI - UN Global Compact Violators as of - -
MSCI - Nuclear Weapons as of - -
MSCI - Thermal Coal as of - -
MSCI - Civilian Firearms as of - -
MSCI - Oil Sands as of - -
MSCI - Tobacco as of - -

Business Involvement Coverage as of - -
Percentage of Fund not covered as of - -
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 -% and for Oil Sands -%.

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 Jan 29, 2021
Name Weight (%)
BSF FIXED INC STRATEGIES X2 EUR 12.57
TACT OPP FD X ACC EUR HDG 12.53
BGF FIXED INC GBL OPP X2 EUR HDG 12.13
BGF US DOLLAR BOND FD X2 USD 8.54
BGF EURO BOND FUND X2 EUR 6.52
Name Weight (%)
ISHARES $ CORP BOND ESG UCIT EURD 5.31
BSF ESG EURO CORP BOND FUND X2 EUR 4.72
BGF GLBL HIGH YLD BND HDGD X2 EUR 4.22
BLK GL HY ESG CR SC FD X EUR HDG 3.51
ISHARES GLOBAL CORPORATE BOND EUR 3.51
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

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
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
A EUR - 10.39 -0.01 -0.05 10.50 9.12 10.39 IE00BFMM8W67 10.39 -
E EUR Accumulating 10.34 -0.01 -0.05 10.45 9.08 10.34 IE00BYQQ0878 10.34 -
D EUR Accumulating 10.84 -0.01 -0.05 10.94 9.44 10.84 IE00BYQQ0761 10.84 -

Portfolio Managers

Portfolio Managers

Bruno Rovelli
Bruno Rovelli

Literature

Literature