Fixed Income

BGF ESG 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. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

- - - 7.38 -1.20
Benchmark (%)

as of Sep 30, 2020

- - - 9.13 -0.36
  1Y 3Y 5Y 10y Incept.
-1.20 - - - -0.36
Benchmark (%)

as of Sep 30, 2020

-0.36 - - - 2.42
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-5.97 -2.46 2.27 -1.20 - - - -0.80
Benchmark (%)

as of Sep 30, 2020

-4.99 -2.07 1.25 -0.36 - - - 5.47
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.

Key Facts

Key Facts

Size of Fund (Millions) as of Oct 21, 2020 USD 224.453
12m Trailing Yield -
Number of Holdings as of Sep 30, 2020 139
Base Currency U.S. Dollar
Fund Inception Date Jul 9, 2018
Share Class Inception Date Jul 9, 2018
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index J.P. Morgan ESG-Government Bond Index Emerging Markets Global Diversified
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.79%
ISIN LU1817794388
Bloomberg Ticker BGLCBD2
Annual Management Fee 0.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BG0X0Z5
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Ratings

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.35
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 2.89
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 2.40
BRAZIL (FEDERATIVE REPUBLIC OF) 0 07/01/2022 2.29
PERU (REPUBLIC OF) 6.35 08/12/2028 1.74
Name Weight (%)
HUNGARY (REPUBLIC OF) 3 08/21/2030 1.72
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.61
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.60
CHILE (REPUBLIC OF) 4.5 03/01/2026 1.52
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.52
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 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
D2 USD Accumulating 10.13 0.05 0.46 10.58 8.51 - LU1817794388 - -
D2 Hgd CHF Accumulating 9.43 0.04 0.45 10.03 8.00 - LU1817794891 - -
Class E5 Hedged EUR - 9.68 0.05 0.52 10.69 8.38 - LU1864665861 - -
X2 AUD - 14.45 -0.09 -0.60 15.91 14.00 - LU1860487682 - -
A2 Hgd EUR Accumulating 9.39 0.04 0.45 10.03 7.99 - LU1817794545 - -
A2 USD Accumulating 10.03 0.05 0.46 10.52 8.45 - LU1860487765 - -
I2 USD - 11.36 0.05 0.46 11.86 9.54 - LU1864665945 - -
I2 Hgd EUR - 10.27 0.05 0.45 10.91 8.71 - LU1862385918 - -
E2 Hgd EUR - 10.46 0.05 0.48 11.21 8.93 - LU1864665788 - -
X2 USD - 10.28 0.05 0.46 10.69 8.61 - LU1817794461 - -
I2 EUR - 9.58 0.01 0.10 10.85 8.83 - LU1864666083 - -
D2 Hgd EUR Accumulating 9.50 0.04 0.45 10.11 8.06 - LU1817794628 - -

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