Equity

BlackRock Sustainable Equity Factor Plus 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. 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. 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.
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Performance

Performance

Growth of Hypothetical 10,000

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  2019 2020 2021 2022 2023
Total Return (%) 20.33
Comparator Benchmark 1 (%) 23.79

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1Y 3Y 5Y 10y Incept.
23.97 - - - 18.50
Comparator Benchmark 1 (%) 24.96 - - - 19.91
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
6.46 4.08 11.25 12.86 23.97 - - - 28.14
Comparator Benchmark 1 (%) 5.49 4.24 10.67 12.46 24.96 - - - 30.37
  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
From
31-Dec-2022
To
31-Dec-2023
Total Return (%)

as of Dec 31, 2023

- - - - 20.33
Comparator Benchmark 1 (%)

as of Dec 31, 2023

- - - - 23.79
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.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in USD, hedged share class benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund as of Mar 28, 2024 USD 387,068,938
Share Class Inception Date Sep 14, 2022
Fund Inception Date Mar 1, 2022
Share Class Currency USD
Base Currency USD
Asset Class Equity
Comparator Benchmark 1 MSCI World Net TR Index (USD)
SFDR Classification Article 8
Initial Charge 0.00%
Ongoing Charge 0.15%
ISIN IE000WLFEDT4
Annual Management Fee 0.15%
Performance Fee 0.00%
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BLEFPDU
SEDOL BMTVS25

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Feb 29, 2024 180
Standard Deviation (3y) as of - -
3y Beta as of - -
P/E Ratio as of Feb 29, 2024 20.74
P/B Ratio as of Feb 29, 2024 3.29

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) 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. 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 Feb 29, 2024 0.00%
MSCI - UN Global Compact Violators as of Feb 29, 2024 0.00%
MSCI - Nuclear Weapons as of Feb 29, 2024 0.00%
MSCI - Thermal Coal as of Feb 29, 2024 0.00%
MSCI - Civilian Firearms as of Feb 29, 2024 0.00%
MSCI - Oil Sands as of Feb 29, 2024 0.00%
MSCI - Tobacco as of Feb 29, 2024 0.00%

Business Involvement Coverage as of Feb 29, 2024 99.93%
Percentage of Fund not covered as of Feb 29, 2024 0.00%
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 0.79% and for Oil Sands 0.54%.

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 financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in the research, selection, monitoring and reporting phases of the investment process. This may include third-party and internal material considerations, as defined by the investment team, of ESG criteria. The Fund manager undergoes a rigorous research phase in the construction of internal ESG research signals, which highlight criteria such as environmental aspects, human capital or management quality. As part of this research, the Fund manager may conduct due diligence on ESG data providers. Once these signals have met the criteria necessary to be incorporated in the portfolio, they are considered, where applicable, as part of the investment decisions on an ongoing basis as part of a broader set of signals. The Fund manager additionally uses standardized ESG criteria (headline ESG ratings, carbon emissions intensity) during the reporting phase. These may be sourced internally or directly from third-party data providers and are featured in internal portfolio analytics. The Fund manager conducts regular portfolio risk reviews with Risk and Quantitative Analysis group. These reviews include discussion, where appropriate, 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 Feb 29, 2024
Name Weight (%)
MICROSOFT CORPORATION 6.35
NVIDIA CORPORATION 3.84
APPLE INC 3.35
MASTERCARD INC 2.39
ALPHABET INC 2.32
Name Weight (%)
APPLIED MATERIALS INC 2.32
VISA INC 2.18
AUTOMATIC DATA PROCESSING INC 2.14
AMAZON.COM INC 2.01
MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT IN MUENCHEN AG 1.96
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Feb 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Feb 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Feb 29, 2024

% 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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D Acc USD 132.88 0.83 0.63 Mar 28, 2024 133.33 102.67 IE000WLFEDT4
Class X Acc GBP 120.00 0.72 0.60 Mar 28, 2024 120.11 94.86 IE0000TVUVV4
Class D Acc GBP 117.54 0.74 0.63 Mar 28, 2024 117.94 91.66 IE000PAYF3V4
Class X Acc EUR 125.28 1.02 0.82 Mar 28, 2024 125.28 96.36 IE00015218S5
Class D Acc EUR 115.51 0.71 0.62 Mar 28, 2024 115.93 90.97 IE000NHL7CK0

Portfolio Managers

Portfolio Managers

Philip Hodges, PhD
Managing Director, Co-head of Systematic Equities Macro and Lead Portfolio Manager for Enhanced Factors Strategies

Philip Hodges

He Ren
Director, Systematic Equities

He Ren, Director, is a senior researcher within BlackRock’s Systematic investment team.

Literature

Literature