Equity

BGF European Equity Income 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.

Please note the Fund-specific risks under the relevant section in Disclaimer.

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

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Performance

Performance

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in EUR.

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

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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 29-Sep-2020 EUR 1,647.01
Base Currency EUR
Fund Launch Date 03-Dec-2010
Share Class launch date 16-Jan-2013
Asset Class Equity
Morningstar Category Europe Equity Income
Benchmark Index MSCI Europe Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0875160912
Bloomberg Ticker BGEEID4
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B8NWW13
Bloomberg Benchmark Ticker M7EU
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100,000.00
Minimum Subsequent Investment EUR 1,000.00
Use of Income Distributing

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a Fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Sustainability Characteristics, using links below.

MSCI ESG Quality Score - Peer Percentile The fund’s ESG Percentile compared to its Lipper peer group. as of 01-Sep-2020 83.65
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 01-Sep-2020 Equity Europe Income
All data is from MSCI ESG Fund Ratings as of 01-Sep-2020, based on holdings as of 29-Feb-2020. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Transparency on Business Involvement metrics is not indicative of a fund’s investment objective, and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a Fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics using links below.

Business Involvement exposures shown above for Thermal Coal and Oil Sands are calculated and reported for issuers within the fund that generate more than 5% of revenue from thermal coal mining or oil sands extraction, as defined by MSCI ESG Research. For the exposure to issuers within the fund that generate any revenue from thermal coal mining or oil sands extraction (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated using MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this research to provide a summed up view across holdings and translates it to a Fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement.

Risk Indicator

Risk Indicator

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Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF European Equity Income Fund, Class D4G, as of 31-Aug-2020 rated against 333 Europe Equity Income Funds.

Portfolio Managers

Portfolio Managers

Andreas Zoellinger
Andreas Zoellinger

Holdings

Holdings

as of 31-Aug-2020
Name Weight (%)
IBERDROLA SA 4.11
TELE2 AB 3.97
NESTLE SA 3.93
ENEL SPA 3.90
EDP - ENERGIAS DE PORTUGAL SA 3.81
Name Weight (%)
LONZA GROUP AG 3.75
SANOFI SA 3.59
ZURICH INSURANCE GROUP AG 3.41
NOVO NORDISK A/S 3.36
VOLVO AB 3.23
Holdings 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
Class D4G EUR Annual 12.84 -0.01 -0.08 15.44 9.89 - LU0875160912 - -
Class E5G EUR Quarterly 12.50 0.00 0.00 15.11 9.67 - LU0579995191 - -
Class D2 USD None 24.82 0.11 0.45 26.63 17.18 - LU1984140779 - -
Class A6 Hedged USD Monthly Stable 10.99 -0.01 -0.09 13.16 8.38 - LU1019632923 - -
Class A4G EUR Annual 13.76 -0.01 -0.07 16.62 10.63 - LU0619515397 - -
Class A8 Hedged CAD Monthly Stable with IRD 8.20 -0.01 -0.12 10.08 6.36 - LU1220229436 - -
Class D5G EUR Quarterly 12.81 -0.01 -0.08 15.38 9.85 - LU0871639463 - -
Class D5G Hedged GBP Quarterly 11.77 -0.01 -0.08 14.27 9.04 - LU0949170855 - -
Class I4G EUR Annual 12.93 0.00 0.00 15.51 9.93 - LU0883524240 - -
Class A8 Hedged AUD Monthly Stable with IRD 10.04 -0.01 -0.10 12.45 7.76 - LU1019636163 - -
Class A6 Hedged HKD Monthly Stable 170.32 -0.10 -0.06 203.94 129.97 - LU1051770623 - -
Class E2 EUR None 18.93 -0.01 -0.05 22.24 14.23 - LU0628612748 - -
Class A8 Hedged NZD Monthly Stable with IRD 8.14 -0.01 -0.12 10.06 6.31 - LU1220229196 - -
Class D6 Hedged USD Monthly Stable 9.21 0.00 0.00 10.97 7.00 - LU1200839964 - -
Class A5G Hedged USD Quarterly 19.48 -0.01 -0.05 23.36 14.94 - LU1003076772 - -
Class A8 Hedged CNH Monthly Stable with IRD 86.65 -0.04 -0.05 105.60 67.07 - LU1241525267 - -
Class D2 EUR None 21.17 -0.01 -0.05 24.68 15.80 - LU0579997130 - -
Class A6 Hedged GBP Monthly Stable 12.43 0.00 0.00 15.12 9.53 - LU1051771274 - -
Class A6 Hedged SGD Monthly Stable 10.68 -0.01 -0.09 12.92 8.19 - LU1019634622 - -
Class A5G EUR Quarterly 13.05 -0.01 -0.08 15.73 10.07 - LU0561744862 - -
Class A2 EUR None 19.82 -0.02 -0.10 23.22 14.86 - LU0562822386 - -
Class A8 Hedged USD Monthly 8.92 0.00 0.00 10.00 6.82 - LU2114397693 - -
Class I2 USD - 12.83 0.05 0.39 13.74 8.87 - LU2091194477 - -
Class D4G GBP - 11.71 0.06 0.52 12.94 9.03 - LU2091194550 - -
Class I2 EUR None 10.94 -0.01 -0.09 12.74 8.16 - LU1222728690 - -
Class A2 USD - 23.24 0.09 0.39 25.05 16.15 - LU2091194634 - -
Class AI5G EUR - 9.89 0.20 2.06 11.91 7.62 - LU1960221551 - -
Class A6 EUR Monthly Stable 9.80 -0.01 -0.10 11.81 7.53 - LU1051768569 - -
Class D2 Hedged USD None 12.06 -0.01 -0.08 13.99 8.95 - LU1185942585 - -
Class I4G GBP - 11.79 0.06 0.51 13.00 9.07 - LU2091194394 - -
Class AI2 EUR - 10.57 0.22 2.13 12.37 7.92 - LU1960221478 - -
Class A2 Hedged USD None 13.59 -0.01 -0.07 15.84 10.13 - LU1153584641 - -

Literature

Literature