Equity

BGF Asian Dragon Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

Chart

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This chart shows the product's performance as the percentage loss or gain per year over the last 10 years.

  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) GBP 0.6 30.3 27.2 -12.1 17.8 17.7 -2.8 -8.0 -2.8 9.2
Constraint Benchmark 1 (%) GBP -3.9 25.8 29.5 -9.1 13.6 21.2 -3.8 -9.6 0.0 14.0

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
22.12 8.20 3.61 8.81 9.17
Constraint Benchmark 1 (%) GBP 23.70 11.08 4.70 9.59 8.14
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
19.66 -4.50 10.35 22.38 22.12 26.68 19.40 132.70 218.94
Constraint Benchmark 1 (%) GBP 21.70 -3.66 10.58 21.38 23.70 37.06 25.83 149.93 181.23
  From
30.Sept.2020
To
30.Sept.2021
From
30.Sept.2021
To
30.Sept.2022
From
30.Sept.2022
To
30.Sept.2023
From
30.Sept.2023
To
30.Sept.2024
From
30.Sept.2024
To
30.Sept.2025
Total Return (%) GBP

as of 30-Sept-2025

13.86 -13.14 1.55 6.54 19.21
Constraint Benchmark 1 (%) GBP

as of 30-Sept-2025

9.70 -13.94 1.41 17.33 16.77

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund
as of 04-Dec-2025
USD 755’940’393.76
Fund Launch Date
02-Jan-1997
Base Currency
USD
Constraint Benchmark 1
MSCI All Country Asia ex Japan Index
Initial Charge
5.00%
Management Fee
0.75%
Performance Fee
0.00%
Minimum Subsequent Investment
USD 1’000.00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGADD2G
Share Class launch date
13-Sept-2012
Share Class Currency
GBP
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
1.09%
ISIN
LU0827875187
Minimum Initial Investment
USD 100’000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Asia ex-Japan Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
B7WJ0J2

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28-Nov-2025
47
3y Beta
as of 30-Nov-2025
0.98
P/B Ratio
as of 28-Nov-2025
2.98
Standard Deviation (3y)
as of 30-Nov-2025
13.27%
P/E Ratio
as of 28-Nov-2025
22.81

 

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for BGF Asian Dragon Fund, Class D2, as of 30-Sept-2018 rated against 746 Asia ex-Japan Equity Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. (Effective 09-Oct-2018)
Analyst-Driven % as of -
-
Data Coverage % as of -
-

Portfolio Managers

Portfolio Managers

Matt Colvin
Matt Colvin
Lucy Liu (INV)
Lucy Liu (INV)

Holdings

Holdings

as of 28-Nov-2025
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 9.69
TENCENT HOLDINGS LTD 8.54
ALIBABA GROUP HOLDING LTD 6.26
SAMSUNG ELECTRONICS CO LTD 5.41
SK HYNIX INC 3.69
Name Weight (%)
MAHINDRA AND MAHINDRA LTD 2.78
PING AN INSURANCE GROUP CO OF CHINA LTD 2.65
ICICI BANK LTD 2.58
NETEASE INC 2.57
TRIP.COM GROUP LTD 2.53
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Nov-2025

% of Market Value

Type Fund Benchmark Net
as of 28-Nov-2025

% of Market Value

Type Fund Benchmark Net
as of 28-Nov-2025

% 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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D2 GBP 49.92 -0.21 -0.42 04-Dec-2025 53.41 38.13 LU0827875187
Class X2 USD 77.39 0.00 0.00 04-Dec-2025 81.19 56.14 LU0462857276
Class X4 GBP 39.99 -0.16 -0.40 04-Dec-2025 42.74 30.84 LU0462858753
Class D2 Hedged EUR 16.57 0.00 0.00 04-Dec-2025 17.43 12.33 LU1279613522
Class D4 GBP 41.98 -0.18 -0.43 04-Dec-2025 44.91 32.30 LU0827875260
Class A4 GBP 41.48 -0.18 -0.43 04-Dec-2025 44.41 31.86 LU0204061278
Class A2 USD 58.39 0.00 0.00 04-Dec-2025 61.34 42.84 LU0072462343
Class I4 EUR 13.91 -0.01 -0.07 04-Dec-2025 14.80 10.82 LU1330249480
Class D2 Hedged CHF 15.49 0.00 0.00 04-Dec-2025 16.32 11.68 LU1279613282
Class A2 Hedged EUR 15.33 -0.01 -0.07 04-Dec-2025 16.14 11.47 LU1279613365
Class C2 EUR 35.11 -0.03 -0.09 04-Dec-2025 37.42 27.45 LU0331282235
Class D2 EUR 57.19 -0.05 -0.09 04-Dec-2025 60.85 44.13 LU0329592298
Class A2 Hedged PLN 159.67 0.01 0.01 04-Dec-2025 167.77 117.26 LU1499592209
Class A2 EUR 50.03 -0.04 -0.08 04-Dec-2025 53.26 38.80 LU0171269466
Class A2 Hedged CHF 14.35 -0.01 -0.07 04-Dec-2025 15.14 10.88 LU1279613100
Class A2 GBP 43.67 -0.19 -0.43 04-Dec-2025 46.75 33.52 LU0171270639
Class A2 Hedged SGD 16.45 -0.01 -0.06 04-Dec-2025 17.34 12.32 LU1048588211
Class I2 Hedged AUD 13.23 0.00 0.00 04-Dec-2025 13.90 9.72 LU1664188957
Class D2 USD 66.74 0.00 0.00 04-Dec-2025 70.08 48.74 LU0411709560
Class I4 GBP 12.13 -0.05 -0.41 04-Dec-2025 12.97 9.34 LU1260044513
Class C2 USD 40.97 0.00 0.00 04-Dec-2025 43.10 30.31 LU0147401474
Class E2 EUR 44.48 -0.04 -0.09 04-Dec-2025 47.37 34.60 LU0171270985
Class I2 USD 18.18 0.00 0.00 04-Dec-2025 19.08 13.25 LU1214678440
Class I2 EUR 15.58 -0.01 -0.06 04-Dec-2025 16.57 12.00 LU1250987382
Class E2 USD 51.90 -0.01 -0.02 04-Dec-2025 54.56 38.21 LU0147401631
Class I4 USD 16.22 0.00 0.00 04-Dec-2025 17.02 11.94 LU1250982748
Class A2 Hedged AUD 17.23 0.00 0.00 04-Dec-2025 18.11 12.74 LU1023056804
Class D2 Hedged AUD 26.82 0.00 0.00 04-Dec-2025 28.18 19.74 LU1697774625

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Example Investment GBP 10’000
Scenarios
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
6’470 GBP
-35.3%
3’870 GBP
-17.3%

Unfavourable

What you might get back after costs
Average return each year
7’520 GBP
-24.8%
9’300 GBP
-1.4%

Moderate

What you might get back after costs
Average return each year
10’030 GBP
0.3%
11’210 GBP
2.3%

Favourable

What you might get back after costs
Average return each year
14’000 GBP
40.0%
21’160 GBP
16.2%

The stress scenario shows what you might get back in extreme market circumstances.



ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature