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

-6.60 -14.61 11.92 12.16 -14.64
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

This fund does not have any distributions data as of now.

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 Apr 10, 2013
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 LU0473186707
Bloomberg Ticker BGFLEI2
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B4YX0V3
Bloomberg Benchmark Ticker JGENVUEG
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment EUR 1000
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 1.034

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

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