Multi Asset

BlackRock Managed Index Portfolios - Moderate

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. 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. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. 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. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.

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

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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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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Performance data is not currently available
  1Y 3Y 5Y 10y Incept.
-14.12 -1.05 - - 2.58
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-14.12 -2.40 0.96 -0.95 -14.12 -3.13 - - 10.90
  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

- 18.91 0.38 12.37 -14.12
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 3, 2023 EUR 665,885,703
Share Class Inception Date Dec 5, 2018
Fund Inception Date Apr 10, 2015
Share Class Currency EUR
Base Currency EUR
Asset Class Multi Asset
SFDR Classification Article 8
Initial Charge 3.00%
Ongoing Charge 0.47%
Annual Management Fee 0.37%
Performance Fee 0.00%
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment EUR 10000
Distribution Frequency -
Use of Income Distributing
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category EUR Moderate Allocation - Global
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BSMMVER
ISIN LU1911702535
SEDOL BFD1S44

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Dec 30, 2022 36
12m Trailing Yield as of Dec 31, 2022 0.12%
Standard Deviation (3y) as of Dec 31, 2022 11.27%
P/E Ratio as of Feb 2, 2023 12.81
P/B Ratio as of Feb 2, 2023 1.49
Yield to Maturity as of Feb 2, 2023 2.24%
Modified Duration as of Feb 2, 2023 2.72 yrs
Effective Duration as of Feb 2, 2023 2.56 yrs
Weighted Avg Maturity as of Feb 2, 2023 3.66 yrs

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Nov 21, 2022 AA
MSCI ESG % Coverage as of Nov 21, 2022 94.73
MSCI ESG Quality Score (0-10) as of Nov 21, 2022 7.28
MSCI ESG Quality Score - Peer Percentile as of Nov 21, 2022 26.42
Fund Lipper Global Classification as of Nov 21, 2022 Mixed Asset EUR Bal - Global
Funds in Peer Group as of Nov 21, 2022 776
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 21, 2022 110.47
MSCI Weighted Average Carbon Intensity % Coverage as of Nov 21, 2022 61.56
All data is from MSCI ESG Fund Ratings as of Nov 21, 2022, based on holdings as of Jun 30, 2022. 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 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.

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 0.03%
MSCI - UN Global Compact Violators as of Dec 30, 2022 0.21%
MSCI - Nuclear Weapons as of Dec 30, 2022 0.02%
MSCI - Thermal Coal as of Dec 30, 2022 0.14%
MSCI - Civilian Firearms as of Dec 30, 2022 0.05%
MSCI - Oil Sands as of Dec 30, 2022 0.14%
MSCI - Tobacco as of Dec 30, 2022 0.07%

Business Involvement Coverage as of Dec 30, 2022 57.29%
Percentage of Fund not covered as of Dec 30, 2022 43.52%
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 0.41% and for Oil Sands 0.42%.

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, monitoring and reporting phases of the investment process. This includes both BlackRock and third-party research and feeds into the initial investment decision. When making buy, hold and sell decisions, the team takes into consideration competitive advantages of allocating to vehicles that provide access to companies with stronger ESG characteristics, within a given industry. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock’s Risk and Quantitative Analysis group as well as portfolio reviews with 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

3 stars
Overall Morningstar Rating for BlackRock Managed Index Portfolios - Moderate, Class Vermoegensstrategie Ausgewogen, as of Jan 31, 2023 rated against 2315 EUR Moderate Allocation - Global 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 Jan 3, 2023)

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Shares Price Exchange
Please note that the prices and valuation information (the Information) is unaudited and is based on unaudited price and holding data. As such the Information is indicative only and is subject to change. BlackRock Investment Management (UK) Limited ("BlackRock") makes no representations or warranties of any kind, either express or implied, in respect of the Information. In particular, but without limiting the foregoing, BlackRock does not represent or warrant that the Information is reconciled, accurate, complete, error-free, virus free, or that results obtained from use of the Information will be correct.

Exposure Breakdowns

Exposure Breakdowns

as of Jan 30, 2023

% of Market Value

Type Fund
as of Feb 2, 2023

% of Market Value

Type Fund
Allocations subject to change.
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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
Class Vermoegensstrategie Ausgewogen EUR - 113.61 -0.27 -0.24 Feb 3, 2023 122.85 106.12 LU1911702535 -
Class vermoegensanlage99 - progressiv Acc EUR - 102.28 -0.25 -0.24 Feb 3, 2023 107.59 95.73 LU2490919011 -
A2 Hgd USD Accumulating 145.27 -0.33 -0.23 Feb 3, 2023 153.69 134.57 LU1298143493 -
A4 EUR Annual 121.42 -0.29 -0.24 Feb 3, 2023 131.84 113.64 LU1273675311 -
A2 EUR Accumulating 119.90 -0.29 -0.24 Feb 3, 2023 130.18 112.22 LU1241524708 -
D2 Hgd USD Accumulating 151.55 -0.35 -0.23 Feb 3, 2023 159.49 140.11 LU1282798062 -
I2 Hgd USD - 125.82 -0.30 -0.24 Feb 3, 2023 132.35 116.31 LU1811363750 -
D2 EUR Accumulating 130.82 -0.31 -0.24 Feb 3, 2023 141.31 122.19 LU1304596684 -
X2 USD - 128.26 -0.30 -0.23 Feb 3, 2023 134.46 118.37 LU1901862299 -
D2 Hgd GBP Accumulating 125.82 -0.29 -0.23 Feb 3, 2023 134.45 116.93 LU1191063202 -
E2 EUR - 99.62 -0.24 -0.24 Feb 3, 2023 108.63 93.38 LU2075911573 -
Class I4 EUR Annual 112.73 -0.27 -0.24 Feb 3, 2023 121.91 105.26 LU1694209989 -
D2 Hgd CHF Accumulating 116.00 -0.28 -0.24 Feb 3, 2023 126.09 108.73 LU1191063384 -
D5 Hgd USD Quarterly 140.01 -0.32 -0.23 Feb 3, 2023 147.42 129.50 LU1241525002 -
D5 Hgd GBP Quarterly 122.14 -0.28 -0.23 Feb 3, 2023 130.57 113.56 LU1191063111 -
Class IndexInvest Wachstum Hedged CHF - 113.69 -0.28 -0.25 Feb 3, 2023 124.23 106.78 LU1919855913 -
D5 EUR Quarterly 115.93 -0.27 -0.23 Feb 3, 2023 125.26 108.32 LU1191063038 -
A2 Hgd GBP - 112.49 -0.26 -0.23 Feb 3, 2023 120.86 104.77 LU1817852509 -
Class IndexInvest Wachstum EUR - 105.68 -0.25 -0.24 Feb 3, 2023 114.75 98.90 LU1733248048 -
X2 GBP - 122.07 -0.29 -0.24 Feb 3, 2023 129.97 113.30 LU1901862026 -
X2 EUR Accumulating 124.71 -0.29 -0.23 Feb 3, 2023 134.20 116.32 LU1191062907 -

Portfolio Managers

Portfolio Managers

Rafael Iborra
Rafael Iborra
Christopher Downing
Christopher Downing
Steve Walker
Steve Walker

Literature

Literature