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

-6.74 -13.63 13.03 13.59 -12.93
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 20, 2019 USD 4,746.813
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Oct 4, 2012
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 LU0827884767
Bloomberg Ticker BGLED2S
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B5LHQF1
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment SGD 100000
Minimum Subsequent Investment SGD 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 1.035

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
D2 Hgd SGD Accumulating 8.52 0.02 0.24 9.73 7.62 - LU0827884767 - -
X2 Hgd GBP Accumulating 9.88 0.03 0.30 11.32 8.85 - LU1505939139 - -
C2 USD Accumulating 20.19 0.06 0.30 23.14 18.11 - LU0278476923 - -
Class S3 Hedged GBP - 10.53 0.03 0.29 10.71 10.00 - LU1911699996 - -
I2 GBP - 18.85 0.16 0.86 19.94 17.03 - LU1741217027 - -
D3 Hgd GBP Monthly 6.95 0.02 0.29 8.49 6.43 - LU0995345831 - -
A1 USD Daily 3.86 0.02 0.52 4.60 3.54 - LU0278477574 - -
X2 AUD Accumulating 9.85 0.04 0.41 10.18 8.61 - LU1554267051 - -
Class I3 Hedged GBP Monthly 6.98 0.02 0.29 8.52 6.46 - LU0995336418 - -
A8 Hgd AUD Monthly 7.13 0.02 0.28 8.80 6.65 - LU1133072774 - -
A2 Hgd EUR Accumulating 7.59 0.03 0.40 8.89 6.89 - LU0359002093 - -
A2 CHF Accumulating 23.43 0.03 0.13 25.61 20.35 - LU0938162186 - -
I5 USD Quarterly 9.56 -0.11 -1.14 11.46 8.89 - LU1495982867 - -
I5 EUR Quarterly 8.42 -0.10 -1.17 9.34 7.64 - LU0995350831 - -
A2 Hgd SGD Accumulating 8.24 0.02 0.24 9.46 7.39 - LU0358998713 - -
X2 GBP Accumulating 5.29 0.04 0.76 5.57 4.77 - LU1688375267 - -
I2 CHF - 24.80 0.02 0.08 26.95 21.47 - LU1781817694 - -
D2 CHF Accumulating 24.80 0.03 0.12 26.98 21.48 - LU1065150267 - -
I2 EUR Accumulating 21.90 0.06 0.27 22.83 19.00 - LU1559746307 - -
D2 Hgd CHF Accumulating 8.87 0.03 0.34 10.36 8.05 - LU1688375184 - -
A1 EUR Daily 3.40 0.01 0.29 3.75 3.04 - LU0278461065 - -
D2 USD Accumulating 24.86 0.07 0.28 28.03 22.10 - LU0383940458 - -
D2 Hgd EUR Accumulating 7.72 0.02 0.26 9.01 6.99 - LU0622213642 - -
A3 HKD Monthly 30.53 0.09 0.30 36.44 27.93 - LU0388349754 - -
A3 EUR Monthly 3.42 0.00 0.00 3.78 3.06 - LU0278457469 - -
A2 USD Accumulating 23.49 0.07 0.30 26.61 20.93 - LU0278470058 - -
A2 EUR Accumulating 20.68 0.05 0.24 21.70 18.01 - LU0278457204 - -
A4 USD Annual 15.83 0.04 0.25 19.15 14.11 - LU0548402170 - -
D3 USD Monthly 16.09 0.05 0.31 19.21 14.72 - LU0523291242 - -
A4 EUR Annual 13.94 0.03 0.22 15.62 12.14 - LU0478974834 - -
C1 USD Daily 3.85 0.01 0.26 4.60 3.53 - LU0278478119 - -
A6 Hgd SGD Monthly 8.07 0.02 0.25 9.99 7.54 - LU1676225185 - -
A3 USD Monthly 3.89 0.01 0.26 4.64 3.56 - LU0278470132 - -
A2 Hgd SEK Accumulating 90.05 0.25 0.28 105.79 81.81 - LU1715605868 - -
D5 GBP Quarterly 8.60 -0.05 -0.58 9.68 8.10 - LU1694209807 - -
I2 Hgd EUR Accumulating 7.96 0.03 0.38 9.26 7.19 - LU0473186707 - -
Class E5 Hedged EUR Quarterly 6.60 -0.06 -0.90 8.18 6.23 - LU1062843260 - -
A6 USD Monthly 8.77 0.02 0.23 10.72 8.14 - LU1408528211 - -
C2 EUR Accumulating 17.77 0.04 0.23 18.87 15.58 - LU0278457972 - -
D2 EUR Accumulating 21.89 0.05 0.23 22.86 19.01 - LU0329592702 - -
D3 EUR Monthly 14.17 0.04 0.28 15.63 12.66 - LU0827884924 - -
I2 USD Accumulating 24.87 0.08 0.32 27.99 22.08 - LU0520955575 - -
E2 EUR Accumulating 19.47 0.05 0.26 20.53 17.00 - LU0278459671 - -
D2 Hgd GBP Accumulating 14.34 0.04 0.28 16.53 12.90 - LU0827885491 - -
D3 Hgd AUD Monthly 6.55 0.02 0.31 7.90 6.02 - LU0827884841 - -
D4 EUR Annual 14.00 0.04 0.29 15.70 12.15 - LU0827885145 - -
D2 Hgd PLN Accumulating 10.07 0.03 0.30 11.54 9.01 - LU0827884684 - -
E2 USD Accumulating 22.11 0.07 0.32 25.17 19.76 - LU0374975414 - -
A6 Hgd GBP Monthly 8.36 0.03 0.36 10.46 7.85 - LU1408528302 - -
D3 HKD Monthly 126.31 0.38 0.30 150.78 115.55 - LU0827885061 - -
A3 Hgd AUD Monthly 6.55 0.02 0.31 7.91 6.02 - LU0575500318 - -
A6 Hgd CAD Monthly 8.78 0.03 0.34 10.85 8.20 - LU1408528641 - -
D4 USD Annual 15.90 0.05 0.32 19.24 14.13 - LU0827885228 - -
A2 Hgd PLN Accumulating 9.74 0.02 0.21 11.22 8.75 - LU0480535052 - -
Class X5 Hedged GBP - 10.07 -0.02 -0.20 10.09 9.88 - LU1954752702 - -
X2 EUR Accumulating 6.15 0.01 0.16 6.38 5.32 - LU0531082021 - -
A2 CZK Accumulating 530.44 1.86 0.35 549.69 463.69 - LU1791177113 - -
A8 Hgd NZD Monthly 8.86 0.03 0.34 10.95 8.26 - LU1408528724 - -
A2 Hgd CHF Accumulating 7.43 0.02 0.27 8.72 6.76 - LU0623004180 - -
E2 Hgd EUR Accumulating 7.25 0.02 0.28 8.54 6.60 - LU0474536231 - -
A6 Hgd HKD Monthly 87.73 0.25 0.29 108.53 81.97 - LU1408528484 - -
X2 USD Accumulating 6.99 0.03 0.43 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