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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.
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Performance

Performance

  • Returns

  From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2020

-6.07 14.41 -3.41 -4.55 -8.46
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index - in EUR<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 Mar 31, 2020

-7.31 12.37 -1.74 1.23 -4.34
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.
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Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Apr 6, 2020 USD 2,766.738
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Feb 2, 2007
Asset Class -
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index - in EUR
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0278457204
Bloomberg Ticker MLLEEA2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PGSM7
Bloomberg Benchmark Ticker JGENVUEG
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Mar 31, 2020 9.44
5y Volatility - Benchmark as of Mar 31, 2020 10.02
5y Beta as of Mar 31, 2020 1.141

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 Mar 31, 2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.66
TREASURY NOTE 1.375 04/30/2021 2.75
POLAND (REPUBLIC OF) 2.75 10/25/2029 2.52
MEXICO (UNITED MEXICAN STATES) (GO 6.5 06/10/2021 2.27
POLAND (REPUBLIC OF) 2.5 07/25/2026 2.22
Name Weight (%)
PERU (REPUBLIC OF) 6.95 08/12/2031 2.14
PERU (REPUBLIC OF) 6.35 08/12/2028 1.74
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.70
CHILE (REPUBLIC OF) 4.5 03/01/2026 1.70
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 1.68
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Mar 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2020

% 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 EUR Accumulating 18.94 -0.01 -0.05 22.99 18.26 - LU0278457204 - -
I2 EUR Accumulating 20.19 -0.01 -0.05 24.48 19.45 - LU1559746307 - -
Class S3 Hedged GBP - 8.45 0.00 0.00 10.78 8.21 - LU1911699996 - -
D2 USD Accumulating 21.77 0.01 0.05 26.70 20.97 - LU0383940458 - -
X2 GBP Accumulating 5.01 -0.01 -0.20 5.95 4.95 - LU1688375267 - -
D2 Hgd CHF Accumulating 7.47 0.00 0.00 9.25 7.21 - LU1688375184 - -
A1 USD Daily 3.20 0.00 0.00 3.97 3.09 - LU0278477574 - -
A2 Hgd EUR Accumulating 6.38 0.01 0.16 7.91 6.16 - LU0359002093 - -
Class AI5 EUR - 8.79 -0.01 -0.11 10.84 8.47 - LU1960220660 - -
X2 AUD Accumulating 10.12 -0.12 -1.17 11.22 9.69 - LU1554267051 - -
C2 USD Accumulating 17.35 0.01 0.06 21.37 16.73 - LU0278476923 - -
I5 EUR Quarterly 7.33 -0.01 -0.14 9.05 7.07 - LU0995350831 - -
X2 Hgd GBP Accumulating 8.45 0.00 0.00 10.50 8.17 - LU1505939139 - -
A8 Hgd AUD Monthly 5.66 0.00 0.00 7.25 5.49 - LU1133072774 - -
A1 EUR Daily 2.96 0.00 0.00 3.62 2.86 - LU0278461065 - -
A2 CHF Accumulating 20.01 0.00 0.00 24.56 19.35 - LU0938162186 - -
D2 CHF Accumulating 21.29 0.00 0.00 26.08 20.58 - LU1065150267 - -
A2 Hgd SGD Accumulating 7.08 0.00 0.00 8.76 6.83 - LU0358998713 - -
I5 USD Quarterly 7.92 0.00 0.00 9.89 7.63 - LU1495982867 - -
D3 Hgd GBP Monthly 5.57 0.00 0.00 7.11 5.42 - LU0995345831 - -
Class I3 Hedged GBP Monthly 5.60 0.01 0.18 7.14 5.44 - LU0995336418 - -
A3 USD Monthly 3.22 0.01 0.31 4.01 3.11 - LU0278470132 - -
I2 CHF - 21.32 -0.01 -0.05 26.11 20.62 - LU1781817694 - -
A3 EUR Monthly 2.98 0.00 0.00 3.64 2.88 - LU0278457469 - -
A3 HKD Monthly 24.93 0.01 0.04 31.29 24.14 - LU0388349754 - -
D2 Hgd EUR Accumulating 6.52 0.00 0.00 8.09 6.30 - LU0622213642 - -
I2 GBP - 17.74 -0.03 -0.17 21.15 17.54 - LU1741217027 - -
A4 USD Annual 13.13 0.01 0.08 16.55 12.65 - LU0548402170 - -
A4 EUR Annual 12.15 -0.01 -0.08 14.82 11.71 - LU0478974834 - -
A2 Hgd SEK Accumulating 75.81 0.04 0.05 94.00 73.09 - LU1715605868 - -
A6 Hgd SGD Monthly 6.44 0.01 0.16 8.20 6.25 - LU1676225185 - -
D5 GBP Quarterly 7.64 -0.01 -0.13 9.53 7.56 - LU1694209807 - -
D3 USD Monthly 13.30 0.01 0.08 16.58 12.88 - LU0523291242 - -
Class E5 Hedged EUR Quarterly 5.27 0.00 0.00 6.75 5.09 - LU1062843260 - -
A2 USD Accumulating 20.46 0.01 0.05 25.12 19.72 - LU0278470058 - -
D3 EUR Monthly 12.31 -0.01 -0.08 15.07 11.92 - LU0827884924 - -
A6 USD Monthly 7.09 0.01 0.14 8.94 6.87 - LU1408528211 - -
D2 EUR Accumulating 20.16 -0.01 -0.05 24.44 19.42 - LU0329592702 - -
D2 Hgd GBP Accumulating 12.19 0.01 0.08 15.15 11.78 - LU0827885491 - -
C2 EUR Accumulating 16.07 -0.01 -0.06 19.53 15.49 - LU0278457972 - -
D3 Hgd AUD Monthly 5.29 0.00 0.00 6.72 5.13 - LU0827884841 - -
E2 USD Accumulating 19.15 0.00 0.00 23.55 18.46 - LU0374975414 - -
I2 USD Accumulating 21.81 0.02 0.09 26.74 21.01 - LU0520955575 - -
I2 Hgd EUR Accumulating 6.73 0.00 0.00 8.34 6.50 - LU0473186707 - -
D2 Hgd SGD Accumulating 7.37 0.01 0.14 9.10 7.10 - LU0827884767 - -
C1 USD Daily 3.19 0.00 0.00 3.97 3.08 - LU0278478119 - -
D4 EUR Annual 12.21 0.00 0.00 14.91 11.76 - LU0827885145 - -
D3 HKD Monthly 103.09 0.04 0.04 129.46 99.87 - LU0827885061 - -
D2 Hgd PLN Accumulating 8.65 0.01 0.12 10.71 8.34 - LU0827884684 - -
A6 Hgd GBP Monthly 6.55 0.00 0.00 8.46 6.37 - LU1408528302 - -
E2 EUR Accumulating 17.74 -0.01 -0.06 21.54 17.09 - LU0278459671 - -
A6 Hgd CAD Monthly 6.98 0.00 0.00 8.90 6.78 - LU1408528641 - -
D4 USD Annual 13.18 0.00 0.00 16.65 12.70 - LU0827885228 - -
A2 CZK Accumulating 522.25 -3.17 -0.60 573.35 507.04 - LU1791177113 - -
A2 Hgd CHF Accumulating 6.23 0.00 0.00 7.72 6.01 - LU0623004180 - -
Class AI2 EUR - 9.16 0.00 0.00 11.11 8.83 - LU1960220587 - -
A2 Hgd PLN Accumulating 8.33 0.01 0.12 10.33 8.04 - LU0480535052 - -
A8 Hgd NZD Monthly 7.04 0.01 0.14 9.00 6.84 - LU1408528724 - -
Class X5 Hedged GBP - 8.10 0.00 0.00 10.36 7.83 - LU1954752702 - -
X2 USD Accumulating 6.16 0.01 0.16 7.54 5.93 - LU0344905624 - -
A3 Hgd AUD Monthly 5.30 0.01 0.19 6.73 5.13 - LU0575500318 - -
X2 EUR Accumulating 5.70 0.00 0.00 6.91 5.49 - LU0531082021 - -
E2 Hgd EUR Accumulating 6.06 0.00 0.00 7.53 5.85 - LU0474536231 - -
A6 Hgd HKD Monthly 70.52 0.03 0.04 89.19 68.40 - LU1408528484 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Managing Director, Head of BlackRock's Emerging Markets Fixed Income

Sergio Trigo Paz, Managing Director, is Head of BlackRock's Emerging Markets Fixed Income.

Laurent Develay
Managing Director, Head of Emerging Markets Local Debt Investments

Laurent Develay, Managing Director, Head of Emerging Markets Local Debt Investments within BlackRock's Global Fixed Income Group.

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