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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

1.12 7.90 11.26 -13.86 -12.67
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 Mar 31, 2020

-1.65 5.47 12.99 -7.58 -6.52
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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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of Apr 8, 2020 USD 2,806.255
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Mar 4, 2011
Asset Class -
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 LU0575500318
Bloomberg Ticker BGFEA3H
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B3NCN59
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment AUD 5000
Minimum Subsequent Investment -
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Mar 31, 2020 11.55
5y Volatility - Benchmark as of Dec 31, 2019 8.03
5y Beta as of Mar 31, 2020 1.121

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Emerging Markets Local Currency Bond Fund, Class A3 Hedged, as of Jul 31, 2018 rated against 1349 Other Bond Funds.

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
A3 Hgd AUD Monthly 5.39 0.05 0.94 6.73 5.13 - LU0575500318 - -
A1 EUR Daily 2.99 0.03 1.01 3.62 2.86 - LU0278461065 - -
I5 USD Quarterly 8.07 0.08 1.00 9.89 7.63 - LU1495982867 - -
I2 EUR Accumulating 20.41 0.24 1.19 24.48 19.45 - LU1559746307 - -
D2 USD Accumulating 22.17 0.20 0.91 26.70 20.97 - LU0383940458 - -
X2 GBP Accumulating 5.06 0.03 0.60 5.95 4.95 - LU1688375267 - -
A8 Hgd AUD Monthly 5.76 0.05 0.88 7.25 5.49 - LU1133072774 - -
A2 Hgd SGD Accumulating 7.21 0.06 0.84 8.76 6.83 - LU0358998713 - -
X2 AUD Accumulating 10.12 0.10 1.00 11.22 9.69 - LU1554267051 - -
D2 Hgd CHF Accumulating 7.61 0.07 0.93 9.25 7.21 - LU1688375184 - -
X2 Hgd GBP Accumulating 8.61 0.08 0.94 10.50 8.17 - LU1505939139 - -
D3 Hgd GBP Monthly 5.68 0.05 0.89 7.11 5.42 - LU0995345831 - -
Class AI5 EUR - 8.89 0.11 1.25 10.84 8.47 - LU1960220660 - -
D2 CHF Accumulating 21.51 0.20 0.94 26.08 20.58 - LU1065150267 - -
I5 EUR Quarterly 7.41 0.08 1.09 9.05 7.07 - LU0995350831 - -
A1 USD Daily 3.25 0.02 0.62 3.97 3.09 - LU0278477574 - -
Class S3 Hedged GBP - 8.61 0.08 0.94 10.78 8.21 - LU1911699996 - -
C2 USD Accumulating 17.67 0.16 0.91 21.37 16.73 - LU0278476923 - -
A2 Hgd EUR Accumulating 6.49 0.06 0.93 7.91 6.16 - LU0359002093 - -
Class I3 Hedged GBP Monthly 5.70 0.05 0.88 7.14 5.44 - LU0995336418 - -
A2 CHF Accumulating 20.22 0.19 0.95 24.56 19.35 - LU0938162186 - -
A3 EUR Monthly 3.01 0.04 1.35 3.64 2.88 - LU0278457469 - -
A3 HKD Monthly 25.39 0.23 0.91 31.29 24.14 - LU0388349754 - -
I2 CHF - 21.55 0.20 0.94 26.11 20.62 - LU1781817694 - -
D2 Hgd EUR Accumulating 6.64 0.06 0.91 8.09 6.30 - LU0622213642 - -
A2 Hgd SEK Accumulating 77.22 0.70 0.91 94.00 73.09 - LU1715605868 - -
I2 GBP - 17.92 0.12 0.67 21.15 17.54 - LU1741217027 - -
A6 Hgd SGD Monthly 6.55 0.05 0.77 8.20 6.25 - LU1676225185 - -
D3 EUR Monthly 12.45 0.15 1.22 15.07 11.92 - LU0827884924 - -
C2 EUR Accumulating 16.24 0.19 1.18 19.53 15.49 - LU0278457972 - -
Class E5 Hedged EUR Quarterly 5.37 0.05 0.94 6.75 5.09 - LU1062843260 - -
A6 USD Monthly 7.22 0.07 0.98 8.94 6.87 - LU1408528211 - -
D5 GBP Quarterly 7.72 0.05 0.65 9.53 7.56 - LU1694209807 - -
D3 Hgd AUD Monthly 5.39 0.05 0.94 6.72 5.13 - LU0827884841 - -
A4 USD Annual 13.37 0.12 0.91 16.55 12.65 - LU0548402170 - -
D3 USD Monthly 13.54 0.12 0.89 16.58 12.88 - LU0523291242 - -
A2 EUR Accumulating 19.15 0.23 1.22 22.99 18.26 - LU0278457204 - -
A3 USD Monthly 3.27 0.02 0.62 4.01 3.11 - LU0278470132 - -
A2 USD Accumulating 20.83 0.18 0.87 25.12 19.72 - LU0278470058 - -
A4 EUR Annual 12.29 0.15 1.24 14.82 11.71 - LU0478974834 - -
D2 EUR Accumulating 20.37 0.24 1.19 24.44 19.42 - LU0329592702 - -
E2 USD Accumulating 19.51 0.18 0.93 23.55 18.46 - LU0374975414 - -
C1 USD Daily 3.25 0.03 0.93 3.97 3.08 - LU0278478119 - -
D4 EUR Annual 12.34 0.15 1.23 14.91 11.76 - LU0827885145 - -
D2 Hgd GBP Accumulating 12.41 0.11 0.89 15.15 11.78 - LU0827885491 - -
E2 EUR Accumulating 17.93 0.21 1.19 21.54 17.09 - LU0278459671 - -
D2 Hgd PLN Accumulating 8.80 0.07 0.80 10.71 8.34 - LU0827884684 - -
D2 Hgd SGD Accumulating 7.50 0.07 0.94 9.10 7.10 - LU0827884767 - -
D3 HKD Monthly 104.99 0.93 0.89 129.46 99.87 - LU0827885061 - -
I2 USD Accumulating 22.21 0.20 0.91 26.74 21.01 - LU0520955575 - -
I2 Hgd EUR Accumulating 6.85 0.06 0.88 8.34 6.50 - LU0473186707 - -
A6 Hgd GBP Monthly 6.67 0.06 0.91 8.46 6.37 - LU1408528302 - -
A6 Hgd CAD Monthly 7.11 0.06 0.85 8.90 6.78 - LU1408528641 - -
A8 Hgd NZD Monthly 7.16 0.06 0.85 9.00 6.84 - LU1408528724 - -
X2 USD Accumulating 6.27 0.05 0.80 7.54 5.93 - LU0344905624 - -
A6 Hgd HKD Monthly 71.82 0.63 0.88 89.19 68.40 - LU1408528484 - -
E2 Hgd EUR Accumulating 6.17 0.05 0.82 7.53 5.85 - LU0474536231 - -
A2 Hgd PLN Accumulating 8.48 0.08 0.95 10.33 8.04 - LU0480535052 - -
Class X5 Hedged GBP - 8.25 0.07 0.86 10.36 7.83 - LU1954752702 - -
A2 CZK Accumulating 519.86 5.74 1.12 573.35 507.04 - LU1791177113 - -
X2 EUR Accumulating 5.76 0.06 1.05 6.91 5.49 - LU0531082021 - -
A2 Hgd CHF Accumulating 6.34 0.05 0.79 7.72 6.01 - LU0623004180 - -
Class AI2 EUR - 9.26 0.11 1.20 11.11 8.83 - LU1960220587 - -
D4 USD Annual 13.43 0.12 0.90 16.65 12.70 - LU0827885228 - -

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