Skip to content

Fixed Income

BGF Emerging Markets Local Currency Bond 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.
Show Fewer
Loading

Performance

Performance

  • Returns

  From
30-Sep-2014
To
30-Sep-2015
From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Sep 30, 2019

-20.50 17.29 5.77 -16.38 4.86
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Sep 30, 2019

-19.77 17.06 7.32 -7.40 10.13
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.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
View full chart

Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Nov 18, 2019 USD 3,831.485
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Jun 10, 2008
Asset Class Fixed Income
Morningstar Category Other Bond
Benchmark Index JP Morgan GBI-EM Global Diversified Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0359002093
Bloomberg Ticker MLLEEAH
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B43CTB4
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Oct 31, 2019 10.04
5y Volatility - Benchmark as of Sep 30, 2019 10.97
5y Beta as of Oct 31, 2019 1.054

Ratings

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Oct 31, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 4.60
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 1.89
HUNGARY (REPUBLIC OF) 3 06/26/2024 1.83
RUSSIAN FEDERATION 7.7 03/23/2033 1.77
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 1.76
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 01/01/2022 1.72
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.71
MEXICO (UNITED MEXICAN STATES) 10 12/05/2024 1.61
PERU (REPUBLIC OF) 6.95 08/12/2031 1.58
PERU (REPUBLIC OF) 6.35 08/12/2028 1.52
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Oct 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2019

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A2 Hgd EUR Accumulating 7.66 0.00 0.00 7.84 7.13 - LU0359002093 - -
Class S3 Hedged GBP - 10.38 0.00 0.00 10.78 10.00 - LU1911699996 - -
X2 Hgd GBP Accumulating 10.12 0.00 0.00 10.32 9.22 - LU1505939139 - -
X2 AUD Accumulating 10.66 0.00 0.00 10.82 8.96 - LU1554267051 - -
D2 CHF Accumulating 25.40 -0.04 -0.16 26.08 22.96 - LU1065150267 - -
I5 USD Quarterly 9.65 0.01 0.10 9.89 9.14 - LU1495982867 - -
X2 GBP Accumulating 5.60 -0.02 -0.36 5.95 5.07 - LU1688375267 - -
I2 EUR Accumulating 23.26 -0.03 -0.13 23.67 20.35 - LU1559746307 - -
I5 EUR Quarterly 8.71 -0.02 -0.23 8.87 8.02 - LU0995350831 - -
A1 EUR Daily 3.48 -0.01 -0.29 3.56 3.21 - LU0278461065 - -
C2 USD Accumulating 20.64 0.01 0.05 21.05 18.85 - LU0278476923 - -
D3 Hgd GBP Monthly 6.85 0.00 0.00 7.11 6.59 - LU0995345831 - -
I2 GBP - 19.87 -0.07 -0.35 21.15 18.07 - LU1741217027 - -
Class AI5 EUR - 10.44 -0.01 -0.10 10.62 10.27 - LU1960220660 - -
A8 Hgd AUD Monthly 6.97 0.01 0.14 7.26 6.79 - LU1133072774 - -
A1 USD Daily 3.86 0.01 0.26 3.97 3.64 - LU0278477574 - -
A2 CHF Accumulating 23.92 -0.04 -0.17 24.56 21.72 - LU0938162186 - -
A2 Hgd SGD Accumulating 8.45 0.00 0.00 8.62 7.70 - LU0358998713 - -
D2 USD Accumulating 25.71 0.01 0.04 26.21 23.10 - LU0383940458 - -
Class I3 Hedged GBP Monthly 6.88 0.01 0.15 7.14 6.62 - LU0995336418 - -
D2 Hgd CHF Accumulating 8.96 0.01 0.11 9.16 8.33 - LU1688375184 - -
I2 CHF - 25.43 -0.04 -0.16 26.11 22.95 - LU1781817694 - -
D2 Hgd EUR Accumulating 7.82 0.00 0.00 8.00 7.25 - LU0622213642 - -
A3 EUR Monthly 3.51 -0.01 -0.28 3.59 3.24 - LU0278457469 - -
A2 Hgd SEK Accumulating 90.98 0.04 0.04 93.09 84.62 - LU1715605868 - -
A2 USD Accumulating 24.22 0.02 0.08 24.69 21.86 - LU0278470058 - -
D5 GBP Quarterly 8.83 -0.03 -0.34 9.53 8.45 - LU1694209807 - -
A4 EUR Annual 14.04 -0.02 -0.14 14.82 12.99 - LU0478974834 - -
A2 EUR Accumulating 21.88 -0.03 -0.14 22.27 19.27 - LU0278457204 - -
A6 Hgd SGD Monthly 7.89 0.00 0.00 8.22 7.69 - LU1676225185 - -
A6 USD Monthly 8.62 0.00 0.00 8.94 8.33 - LU1408528211 - -
D3 USD Monthly 16.08 0.01 0.06 16.58 15.18 - LU0523291242 - -
I2 Hgd EUR Accumulating 8.07 0.01 0.12 8.24 7.46 - LU0473186707 - -
A3 HKD Monthly 30.44 0.03 0.10 31.29 28.67 - LU0388349754 - -
A3 USD Monthly 3.89 0.00 0.00 4.01 3.67 - LU0278470132 - -
C2 EUR Accumulating 18.64 -0.03 -0.16 18.99 16.62 - LU0278457972 - -
A4 USD Annual 15.54 0.01 0.06 16.55 14.73 - LU0548402170 - -
I2 USD Accumulating 25.75 0.02 0.08 26.25 23.09 - LU0520955575 - -
D3 Hgd AUD Monthly 6.49 0.00 0.00 6.72 6.19 - LU0827884841 - -
D2 EUR Accumulating 23.23 -0.03 -0.13 23.64 20.36 - LU0329592702 - -
D3 EUR Monthly 14.53 -0.02 -0.14 14.85 13.39 - LU0827884924 - -
D4 EUR Annual 14.07 -0.02 -0.14 14.91 13.02 - LU0827885145 - -
Class E5 Hedged EUR Quarterly 6.51 0.00 0.00 6.78 6.36 - LU1062843260 - -
D2 Hgd GBP Accumulating 14.63 0.01 0.07 14.92 13.42 - LU0827885491 - -
C1 USD Daily 3.85 0.00 0.00 3.97 3.64 - LU0278478119 - -
D2 Hgd PLN Accumulating 10.33 0.01 0.10 10.53 9.39 - LU0827884684 - -
E2 USD Accumulating 22.72 0.01 0.04 23.17 20.60 - LU0374975414 - -
D2 Hgd SGD Accumulating 8.77 0.00 0.00 8.94 7.95 - LU0827884767 - -
E2 EUR Accumulating 20.52 -0.03 -0.15 20.89 18.16 - LU0278459671 - -
D3 HKD Monthly 125.91 0.11 0.09 129.46 118.60 - LU0827885061 - -
A6 Hgd GBP Monthly 8.10 0.01 0.12 8.52 7.97 - LU1408528302 - -
X2 USD Accumulating 7.26 0.01 0.14 7.40 6.48 - LU0344905624 - -
Class AI2 EUR - 10.58 -0.01 -0.09 10.77 9.83 - LU1960220587 - -
E2 Hgd EUR Accumulating 7.30 0.00 0.00 7.49 6.82 - LU0474536231 - -
A2 Hgd CHF Accumulating 7.48 0.00 0.00 7.67 6.99 - LU0623004180 - -
D4 USD Annual 15.57 0.00 0.00 16.65 14.77 - LU0827885228 - -
A2 CZK Accumulating 559.59 -0.98 -0.17 568.77 499.24 - LU1791177113 - -
X2 EUR Accumulating 6.56 0.00 0.00 6.67 5.71 - LU0531082021 - -
A8 Hgd NZD Monthly 8.67 0.01 0.12 9.02 8.43 - LU1408528724 - -
A3 Hgd AUD Monthly 6.50 0.01 0.15 6.73 6.19 - LU0575500318 - -
A6 Hgd CAD Monthly 8.56 0.00 0.00 8.94 8.36 - LU1408528641 - -
A6 Hgd HKD Monthly 85.84 0.05 0.06 89.42 83.59 - LU1408528484 - -
A2 Hgd PLN Accumulating 9.96 0.00 0.00 10.16 9.10 - LU0480535052 - -
Class X5 Hedged GBP - 10.03 0.06 0.60 10.36 9.76 - LU1954752702 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Head of BlackRock Emerging Markets Fixed Income
Laurent Develay
Director, Emerging Markets Debt team within BlackRock's Portfolio Management Group

Laurent Develay

Michal Wozniak, CFA
Vice President, Portfolio Manager for Emerging Markets Debt Portfolio Management team

Michal Wozniak, CFA, Director, is a Portfolio Manager for Emerging Markets Debt Portfolio Management team for Blackrock Global Fixed Income Group.

Literature

Literature