Fixed Income

BGF ESG Emerging Markets Local Currency Bond Fund

Overview

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

  • Returns

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 May 24, 2019 USD 256.097
Base Currency U.S. Dollar
Fund Inception Date Jul 9, 2018
Share Class Inception Date Aug 22, 2018
Asset Class Fixed Income
Morningstar Category Other Bond
Benchmark Index J.P. Morgan ESG-Government Bond Index Emerging Markets Global Diversified
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1862385918
Bloomberg Ticker BGEI2EH
Initial Charge -
Performance Fee -
SEDOL BG0NM26
Bloomberg Benchmark Ticker -
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

Ratings

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Apr 30, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 4.23
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2021 4.18
TREASURY NOTE 2.25 03/31/2020 3.00
HUNGARY (REPUBLIC OF) 3 06/26/2024 2.62
CZECH REPUBLIC 0.95 05/15/2030 2.32
Name Weight (%)
HUNGARY (REPUBLIC OF) 0.5 04/21/2021 2.30
POLAND (REPUBLIC OF) 3.25 07/25/2025 2.17
POLAND (REPUBLIC OF) 2.5 01/25/2023 1.78
CHILE (REPUBLIC OF) 4.5 03/01/2026 1.75
MEXICO (UNITED MEXICAN STATES) 8 06/11/2020 1.72
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 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 - 10.17 -0.04 -0.39 10.63 9.57 - LU1862385918 - -
D2 USD Accumulating 9.69 -0.03 -0.31 10.05 8.94 - LU1817794388 - -
E2 Hgd EUR - 10.60 0.06 0.57 11.05 10.00 - LU1864665788 - -
I2 USD - 10.85 -0.03 -0.28 11.24 10.00 - LU1864665945 - -
D2 Hgd CHF Accumulating 9.39 -0.04 -0.42 10.00 8.91 - LU1817794891 - -
D2 Hgd EUR Accumulating 9.44 -0.03 -0.32 10.00 8.89 - LU1817794628 - -
X2 AUD - 13.64 0.01 0.07 13.75 12.46 - LU1860487682 - -
A2 USD Accumulating 9.66 -0.04 -0.41 10.04 8.96 - LU1860487765 - -
X2 USD - 9.75 -0.03 -0.31 10.09 8.95 - LU1817794461 - -
A2 Hgd EUR Accumulating 9.39 -0.04 -0.42 10.00 8.89 - LU1817794545 - -
I2 EUR - 9.74 0.00 0.00 9.89 8.72 - LU1864666083 - -
Class E5 Hedged EUR - 10.35 0.05 0.49 10.95 10.00 - LU1864665861 - -

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

 

 

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