Equity

BGF Latin American 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

Show Fewer
Loading

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 USD.

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

Chart

Performance chart data not available for display.
View full chart

Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of 18-Sep-2020 USD 760.93
Base Currency USD
Fund Launch Date 08-Jan-1997
Share Class launch date 28-Aug-2019
Asset Class Equity
Morningstar Category -
Benchmark Index MSCI Emerging Markets Latin America Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0368234455
Bloomberg Ticker -
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL 74602
Bloomberg Benchmark Ticker -
Dealing Settlement -
Dealing Frequency -
Minimum Initial Investment EUR 10,000,000.00
Minimum Subsequent Investment -
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

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. MSCI Ratings are currently unavailable for this fund.

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 14.93% 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

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

 

Ratings

Portfolio Managers

Portfolio Managers

Ed Kuczma
Ed Kuczma

Holdings

Holdings

as of 31-Aug-2020
Name Weight (%)
VALE SA 9.69
PETROLEO BRASILEIRO SA PETROBRAS 8.77
AMERICA MOVIL SAB DE CV 5.81
B3 SA BRASIL BOLSA BALCAO 5.45
BANCO BRADESCO SA 4.00
Name Weight (%)
GRUPO FINANCIERO BANORTE SAB DE CV 3.40
GRUPO MEXICO SAB DE CV 3.25
LOJAS AMERICANAS SA 3.16
B2W COMPANHIA DIGITAL 2.95
CENTRAIS ELETRICAS BRASILEIRAS SA 2.70
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 I2 EUR - 7.44 -0.02 -0.27 11.90 5.79 - LU0368234455 - -
Class D2 Hedged PLN None 6.91 -0.01 -0.14 10.72 4.97 - LU0827884338 - -
Class D4 EUR Annual 41.43 -0.13 -0.31 67.39 32.81 - LU0827883959 - -
Class A2 Hedged SGD None 4.87 -0.01 -0.20 7.57 3.50 - LU0572108347 - -
Class A2 Hedged HKD None 6.97 -0.01 -0.14 10.63 4.98 - LU0788109048 - -
Class E2 USD None 47.76 -0.05 -0.10 72.85 34.21 - LU0147409709 - -
Class A2 Hedged PLN None 6.51 -0.01 -0.15 10.15 4.69 - LU0480534832 - -
Class D4 GBP Annual 37.24 -0.15 -0.40 56.62 29.94 - LU0827884098 - -
Class A2 Hedged CHF None 4.66 -0.01 -0.21 7.19 3.35 - LU0521028802 - -
Class D2 Hedged GBP None 33.20 -0.03 -0.09 50.88 23.61 - LU0827884411 - -
Class D2 USD None 58.02 -0.06 -0.10 87.71 41.31 - LU0252970081 - -
Class D2 Hedged EUR None 39.39 -0.04 -0.10 60.65 28.32 - LU0827884254 - -
Class D2 GBP None 44.80 -0.18 -0.40 67.10 35.49 - LU0827883876 - -
Class A2 USD None 52.29 -0.06 -0.11 79.48 37.37 - LU0072463663 - -
Class A2 GBP None 40.38 -0.16 -0.39 60.80 32.09 - LU0171289738 - -
Class D2 Hedged CHF None 4.94 -0.01 -0.20 7.57 3.54 - LU0827884171 - -
Class A4 GBP Annual 37.35 -0.14 -0.37 56.58 29.87 - LU0204063647 - -
Class A4 EUR Annual 41.52 -0.13 -0.31 67.34 32.71 - LU0408221785 - -
Class E2 GBP None 36.88 -0.15 -0.41 55.73 29.38 - LU0171289811 - -
Class A2 EUR None 44.19 -0.14 -0.32 71.23 34.60 - LU0171289498 - -
Class E2 EUR None 40.36 -0.13 -0.32 65.28 31.67 - LU0171289571 - -
Class I2 USD - 8.80 -0.01 -0.11 13.28 6.26 - LU1847653067 - -
Class A2 Hedged AUD None 7.60 0.00 0.00 12.01 5.49 - LU1023057877 - -
Class D2 EUR None 49.03 -0.15 -0.31 78.61 38.24 - LU0252965164 - -
Class D2 Hedged SGD None 5.17 -0.01 -0.19 7.99 3.70 - LU0827884502 - -

Literature

Literature