Equity

BGF Circular Economy

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. Shares in smaller companies typically trade in less volume and experience greater price variations than larger companies. 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. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Due to the criteria applied during stock selection to meet the definition of Circular Economy, the range of companies the fund can invest in may be less diversified than a typical fund. Circular Economy companies may be subject to environmental concerns, taxes, government regulation, price, supply and competition. Investors should consider this fund as part of a broader investment strategy.
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Performance

Performance

  From
30-Jun-2015
To
30-Jun-2016
From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Jun 30, 2020

- - - - -
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.
View full chart

Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of Aug 13, 2020 USD 41.923
Base Currency U.S. Dollar
Fund Inception Date Oct 2, 2019
Share Class Inception Date Oct 2, 2019
Asset Class Equity
Morningstar Category -
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU2041044921
Bloomberg Ticker BGBCEXU
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BHNMZ06
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 10000000
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 Jul 31, 2020
Name Weight (%)
TOMRA SYSTEMS 3.71
BALL CORP 3.69
KONINKLIJKE PHILIPS NV 3.55
GRAPHIC PACKAGING HOLDING 3.32
TREX INC 3.10
Name Weight (%)
ENEL 3.09
MICROSOFT CORP 3.06
NESTLE SA 3.01
OWENS CORNING 2.96
CORBION NV 2.92
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jul 31, 2020

% of Market Value

Type Fund
as of Jul 31, 2020

% of Market Value

Type Fund
as of Jul 31, 2020

% of Market Value

Type Fund
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
X2 USD - 11.30 0.00 0.00 11.30 7.62 - LU2041044921 - -
A2 EUR - 9.45 0.00 0.00 10.27 6.99 - LU2041044178 - -
A2 USD - 11.13 0.00 0.00 11.13 7.55 - LU2041044095 - -
E2 USD - 11.08 0.00 0.00 11.08 7.53 - LU2041044418 - -
D2 EUR - 9.51 0.00 0.00 10.30 7.02 - LU2041044335 - -
I2 EUR - 9.54 0.01 0.10 10.31 7.03 - LU2041044764 - -
I2 USD - 11.23 -0.01 -0.09 11.24 7.59 - LU2041044681 - -
E2 EUR - 9.41 0.00 0.00 10.25 6.98 - LU2041044509 - -
Class Z2 USD - 11.24 0.00 0.00 11.24 7.59 - LU2041044848 - -
Class AI2 EUR - 10.24 0.04 0.39 11.08 7.55 - LU2070343475 - -
D2 USD - 11.20 -0.01 -0.09 11.21 7.58 - LU2041044251 - -

Portfolio Managers

Portfolio Managers

Evy Hambro
Evy Hambro
Olivia Markham
Olivia Markham
Sumana Manohar
Sumana Manohar

Literature

Literature