Fixed Income

BGF Emerging Markets Local Currency Bond Fund

Overview

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Performance

Performance

  • Returns

  From
31-Dec-2013
To
31-Dec-2014
From
31-Dec-2014
To
31-Dec-2015
From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Dec 31, 2018

-7.27 -15.56 10.60 10.89 -15.38
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 Dec 31, 2018

-5.72 -14.92 9.94 15.21 -6.21
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 Mar 22, 2019 USD 4,691.849
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date May 17, 2011
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 LU0623004180
Bloomberg Ticker BGLEA2C
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B52RT84
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment CHF 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2019 11.64
5y Volatility - Benchmark as of Feb 28, 2019 10.98
5y Beta as of Feb 28, 2019 1.027

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 Feb 28, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 4.06
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 3.08
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2021 2.26
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 2.23
HUNGARY (REPUBLIC OF) 3 06/26/2024 2.13
Name Weight (%)
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.91
COLOMBIA (REPUBLIC OF) 7 06/30/2032 1.80
INDONESIA (REPUBLIC OF) 8.375 03/15/2024 1.76
PERU (REPUBLIC OF) RegS 6.95 08/12/2031 1.68
CZECH REPUBLIC 0.95 05/15/2030 1.63
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 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 CHF Accumulating 7.35 -0.11 -1.47 8.72 6.76 - LU0623004180 - -
X2 Hgd GBP Accumulating 9.77 -0.15 -1.51 11.32 8.85 - LU1505939139 - -
C2 USD Accumulating 19.97 -0.31 -1.53 23.14 18.11 - LU0278476923 - -
A8 Hgd AUD Monthly 7.06 -0.11 -1.53 8.80 6.65 - LU1133072774 - -
X2 GBP Accumulating 5.24 -0.11 -2.06 5.57 4.77 - LU1688375267 - -
A2 Hgd EUR Accumulating 7.50 -0.12 -1.57 8.89 6.89 - LU0359002093 - -
X2 AUD Accumulating 9.76 -0.10 -1.01 10.18 8.61 - LU1554267051 - -
A1 USD Daily 3.82 -0.05 -1.29 4.60 3.54 - LU0278477574 - -
Class S3 Hedged GBP - 10.42 -0.16 -1.51 10.71 10.00 - LU1911699996 - -
Class I3 Hedged GBP Monthly 6.90 -0.11 -1.57 8.52 6.46 - LU0995336418 - -
I2 GBP - 18.67 -0.39 -2.05 19.94 17.03 - LU1741217027 - -
D3 Hgd GBP Monthly 6.88 -0.10 -1.43 8.49 6.43 - LU0995345831 - -
I5 USD Quarterly 9.46 -0.15 -1.56 11.46 8.89 - LU1495982867 - -
D2 CHF Accumulating 24.48 -0.34 -1.37 26.98 21.48 - LU1065150267 - -
I5 EUR Quarterly 8.39 -0.06 -0.71 9.34 7.64 - LU0995350831 - -
D2 Hgd CHF Accumulating 8.77 -0.14 -1.57 10.36 8.05 - LU1688375184 - -
D2 USD Accumulating 24.60 -0.38 -1.52 28.03 22.10 - LU0383940458 - -
A2 CHF Accumulating 23.13 -0.32 -1.36 25.61 20.35 - LU0938162186 - -
I2 EUR Accumulating 21.82 -0.16 -0.73 22.83 19.00 - LU1559746307 - -
A2 Hgd SGD Accumulating 8.16 -0.12 -1.45 9.46 7.39 - LU0358998713 - -
A1 EUR Daily 3.38 -0.03 -0.88 3.75 3.04 - LU0278461065 - -
I2 CHF - 24.49 -0.33 -1.33 26.95 21.47 - LU1781817694 - -
A2 USD Accumulating 23.25 -0.36 -1.52 26.61 20.93 - LU0278470058 - -
D2 Hgd EUR Accumulating 7.64 -0.12 -1.55 9.01 6.99 - LU0622213642 - -
A3 EUR Monthly 3.41 -0.03 -0.87 3.78 3.06 - LU0278457469 - -
A2 EUR Accumulating 20.61 -0.15 -0.72 21.70 18.01 - LU0278457204 - -
A4 USD Annual 15.67 -0.24 -1.51 19.15 14.11 - LU0548402170 - -
A2 Hgd SEK Accumulating 89.09 -1.37 -1.51 105.79 81.81 - LU1715605868 - -
A4 EUR Annual 13.89 -0.10 -0.71 15.62 12.14 - LU0478974834 - -
A3 USD Monthly 3.85 -0.06 -1.53 4.64 3.56 - LU0278470132 - -
A6 Hgd SGD Monthly 7.99 -0.12 -1.48 9.99 7.54 - LU1676225185 - -
C2 EUR Accumulating 17.71 -0.13 -0.73 18.87 15.58 - LU0278457972 - -
Class E5 Hedged EUR Quarterly 6.53 -0.10 -1.51 8.18 6.23 - LU1062843260 - -
A3 HKD Monthly 30.20 -0.47 -1.53 36.44 27.93 - LU0388349754 - -
D5 GBP Quarterly 8.52 -0.18 -2.07 9.68 8.10 - LU1694209807 - -
D3 USD Monthly 15.92 -0.25 -1.55 19.21 14.72 - LU0523291242 - -
D3 Hgd AUD Monthly 6.48 -0.10 -1.52 7.90 6.02 - LU0827884841 - -
A6 USD Monthly 8.68 -0.13 -1.48 10.72 8.14 - LU1408528211 - -
D4 EUR Annual 13.95 -0.10 -0.71 15.70 12.15 - LU0827885145 - -
D2 EUR Accumulating 21.82 -0.15 -0.68 22.86 19.01 - LU0329592702 - -
D2 Hgd GBP Accumulating 14.19 -0.22 -1.53 16.53 12.90 - LU0827885491 - -
I2 USD Accumulating 24.61 -0.38 -1.52 27.99 22.08 - LU0520955575 - -
D3 EUR Monthly 14.12 -0.10 -0.70 15.63 12.66 - LU0827884924 - -
I2 Hgd EUR Accumulating 7.87 -0.12 -1.50 9.26 7.19 - LU0473186707 - -
D2 Hgd SGD Accumulating 8.43 -0.13 -1.52 9.73 7.62 - LU0827884767 - -
C1 USD Daily 3.81 -0.06 -1.55 4.60 3.53 - LU0278478119 - -
D2 Hgd PLN Accumulating 9.96 -0.15 -1.48 11.54 9.01 - LU0827884684 - -
E2 EUR Accumulating 19.40 -0.14 -0.72 20.53 17.00 - LU0278459671 - -
D3 HKD Monthly 124.96 -1.93 -1.52 150.78 115.55 - LU0827885061 - -
E2 USD Accumulating 21.88 -0.34 -1.53 25.17 19.76 - LU0374975414 - -
A6 Hgd GBP Monthly 8.27 -0.13 -1.55 10.46 7.85 - LU1408528302 - -
Class AI2 EUR - 9.96 -0.08 -0.80 10.04 9.96 - LU1960220587 - -
X2 USD Accumulating 6.91 -0.11 -1.57 7.82 6.19 - LU0344905624 - -
X2 EUR Accumulating 6.13 -0.04 -0.65 6.38 5.32 - LU0531082021 - -
A3 Hgd AUD Monthly 6.48 -0.10 -1.52 7.91 6.02 - LU0575500318 - -
Class X5 Hedged GBP - 10.12 0.04 0.40 10.12 9.88 - LU1954752702 - -
A8 Hgd NZD Monthly 8.77 -0.13 -1.46 10.95 8.26 - LU1408528724 - -
A2 CZK Accumulating 530.80 -1.59 -0.30 549.69 463.69 - LU1791177113 - -
A6 Hgd CAD Monthly 8.68 -0.14 -1.59 10.85 8.20 - LU1408528641 - -
A2 Hgd PLN Accumulating 9.64 -0.15 -1.53 11.22 8.75 - LU0480535052 - -
D4 USD Annual 15.73 -0.24 -1.50 19.24 14.13 - LU0827885228 - -
A6 Hgd HKD Monthly 86.81 -1.34 -1.52 108.53 81.97 - LU1408528484 - -
E2 Hgd EUR Accumulating 7.17 -0.11 -1.51 8.54 6.60 - LU0474536231 - -

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
Director, Emerging Markets Debt team within BlackRock Fundamental Fixed Income

Michal Wozniak

Literature

Literature