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BGF Emerging Markets Local Currency Bond 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

Chart

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
View full table
  From
30.Sep.2015
To
30.Sep.2016
From
30.Sep.2016
To
30.Sep.2017
From
30.Sep.2017
To
30.Sep.2018
From
30.Sep.2018
To
30.Sep.2019
From
30.Sep.2019
To
30.Sep.2020
Total Return (%)

as of 30-Sep-2020

19.41 8.47 -14.35 7.25 -4.68
Benchmark (%)

as of 30-Sep-2020

17.06 7.32 -7.40 10.13 -1.45
  1y 3y 5y 10y Incept.
-4.68 -4.33 2.55 - -1.18
Benchmark (%)

as of 30-Sep-2020

-1.45 0.17 4.78 - 0.22
  YTD 1m 3m 1y 3y 5y 10y Incept.
-9.39 -2.68 1.61 -4.68 -12.44 13.41 - -6.75
Benchmark (%)

as of 30-Sep-2020

-6.32 -2.02 0.61 -1.45 0.51 26.27 - 1.32
  2015 2016 2017 2018 2019
Total Return (%) -13.12 13.38 13.98 -13.09 10.51
Annual w/ Sales Charge (%) -17.46 7.71 8.28 -17.43 4.98
Benchmark (%) -14.92 9.94 15.21 -6.21 13.47

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 AUD, 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

Key Facts

Key Facts

Size of Fund (Millions) as of 21-Oct-2020 USD 2,375.61
12m Trailing Yield as of 30-Sep-2020 6.25
Number of Holdings as of 30-Sep-2020 156
Base Currency USD
Fund Launch Date 26-Jun-1997
Share Class launch date 19-Nov-2014
Asset Class -
Morningstar Category Other Bond
Benchmark Index J.P. Morgan GBI-EM Global Diversified Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 1.28%
ISIN LU1133072774
Bloomberg Ticker BGFEAA8
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BSJWR12
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment AUD 5,000.00
Minimum Subsequent Investment AUD 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 Fund Rating (AAA-CCC) as of 01-Oct-2020 BBB
MSCI ESG Quality Score (0-10) as of 01-Oct-2020 4.86
MSCI ESG Quality Score - Peer Percentile as of 01-Oct-2020 86.38
MSCI ESG % Coverage as of 01-Oct-2020 99.64
Fund Lipper Global Classification as of 01-Oct-2020 Bond Emerging Markets Global LC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 01-Oct-2020 232.25
Funds in Peer Group as of 01-Oct-2020 235
All data is from MSCI ESG Fund Ratings as of 01-Oct-2020, based on holdings as of 30-Apr-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.

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

Sergio Trigo Paz
Sergio Trigo Paz
Laurent Develay
Laurent Develay
Michal Wozniak
Michal Wozniak

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 3.32
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 2.88
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 2.44
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.13 11/21/2029 2.00
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.97
Name Weight (%)
PERU (REPUBLIC OF) 6.35 08/12/2028 1.78
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.66
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 1.60
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 1.59
MEXICO (UNITED MEXICAN STATES) 7.5 06/03/2027 1.51
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Sep-2020

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2020

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Sep-2020

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2020

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2020

% 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
Class A8 Hedged AUD Monthly 6.32 0.03 0.48 7.15 5.49 - LU1133072774 - -
Class I5 EUR Quarterly 7.57 0.01 0.13 9.05 7.07 - LU0995350831 - -
Class AI5 EUR - 9.07 0.01 0.11 10.84 8.47 - LU1960220660 - -
Class D2 Hedged CHF None 8.59 0.04 0.47 9.25 7.21 - LU1688375184 - -
Class A2 CHF None 21.39 0.03 0.14 24.56 19.35 - LU0938162186 - -
Class D2 CHF None 22.83 0.04 0.18 26.08 20.58 - LU1065150267 - -
Class A2 Hedged EUR None 7.31 0.03 0.41 7.91 6.16 - LU0359002093 - -
Class D2 USD None 25.24 0.12 0.48 26.70 20.97 - LU0383940458 - -
Class A2 USD None 23.65 0.11 0.47 25.12 19.72 - LU0278470058 - -
Class I2 CHF - 22.89 0.04 0.18 26.11 20.62 - LU1781817694 - -
Class A2 Hedged SGD None 8.17 0.04 0.49 8.76 6.83 - LU0358998713 - -
Class I3 Hedged GBP Monthly 6.32 0.03 0.48 7.06 5.44 - LU0995336418 - -
Class I5 USD Quarterly 8.98 0.05 0.56 9.88 7.63 - LU1495982867 - -
Class A1 EUR Daily 3.05 0.01 0.33 3.62 2.86 - LU0278461065 - -
Class D2 Hedged EUR None 7.50 0.03 0.40 8.09 6.30 - LU0622213642 - -
Class I2 GBP - 19.29 -0.13 -0.67 20.55 17.54 - LU1741217027 - -
Class D3 Hedged GBP Monthly 6.29 0.03 0.48 7.04 5.42 - LU0995345831 - -
Class A1 USD Daily 3.61 0.01 0.28 3.97 3.09 - LU0278477574 - -
Class A3 HKD Monthly 28.23 0.14 0.50 31.17 24.14 - LU0388349754 - -
Class A3 EUR Monthly 3.07 0.00 0.00 3.64 2.88 - LU0278457469 - -
Class A2 Hedged SEK None 86.91 0.41 0.47 94.00 73.09 - LU1715605868 - -
Class D5 GBP Quarterly 8.11 -0.06 -0.73 9.06 7.56 - LU1694209807 - -
Class A2 EUR None 19.94 0.02 0.10 22.99 18.26 - LU0278457204 - -
Class A4 USD Annual 14.48 0.06 0.42 16.12 12.65 - LU0548402170 - -
Class E5 Hedged EUR Quarterly 5.93 0.03 0.51 6.65 5.09 - LU1062843260 - -
Class A6 Hedged SGD Monthly 7.17 0.04 0.56 8.11 6.25 - LU1676225185 - -
Class D3 EUR Monthly 12.70 0.01 0.08 15.07 11.92 - LU0827884924 - -
Class D2 EUR None 21.28 0.03 0.14 24.44 19.42 - LU0329592702 - -
Class A6 USD Monthly 7.92 0.04 0.51 8.86 6.87 - LU1408528211 - -
Class D3 Hedged AUD Monthly 5.96 0.03 0.51 6.67 5.13 - LU0827884841 - -
Class D2 Hedged SGD None 8.52 0.04 0.47 9.10 7.10 - LU0827884767 - -
Class D2 Hedged GBP None 14.08 0.07 0.50 15.15 11.78 - LU0827885491 - -
Class A4 EUR Annual 12.21 0.01 0.08 14.75 11.71 - LU0478974834 - -
Class E2 USD None 22.09 0.11 0.50 23.55 18.46 - LU0374975414 - -
Class I2 Hedged EUR None 7.75 0.04 0.52 8.34 6.50 - LU0473186707 - -
Class D3 USD Monthly 15.07 0.07 0.47 16.55 12.88 - LU0523291242 - -
Class I2 USD None 25.30 0.12 0.48 26.74 21.01 - LU0520955575 - -
Class A3 USD Monthly 3.64 0.01 0.28 4.00 3.11 - LU0278470132 - -
Class D2 Hedged PLN None 9.98 0.05 0.50 10.71 8.34 - LU0827884684 - -
Class D4 EUR Annual 12.24 0.02 0.16 14.80 11.76 - LU0827885145 - -
Class E2 EUR None 18.62 0.02 0.11 21.54 17.09 - LU0278459671 - -
Class E2 Hedged EUR None 6.93 0.03 0.43 7.53 5.85 - LU0474536231 - -
Class A6 Hedged HKD Monthly 78.78 0.38 0.48 88.22 68.40 - LU1408528484 - -
Class A6 Hedged CAD Monthly 7.76 0.04 0.52 8.79 6.78 - LU1408528641 - -
Class A2 Hedged PLN None 9.58 0.04 0.42 10.33 8.04 - LU0480535052 - -
Class A2 Hedged CHF None 7.14 0.03 0.42 7.72 6.01 - LU0623004180 - -
Class A6 Hedged GBP Monthly 7.28 0.04 0.55 8.30 6.37 - LU1408528302 - -
Class D4 USD Annual 14.51 0.07 0.48 16.17 12.70 - LU0827885228 - -
Class D3 HKD Monthly 116.78 0.56 0.48 128.96 99.87 - LU0827885061 - -
Class A3 Hedged AUD Monthly 5.96 0.03 0.51 6.67 5.13 - LU0575500318 - -
Class AI2 EUR - 9.64 0.01 0.10 11.11 8.83 - LU1960220587 - -
Class A2 CZK None 541.50 -0.90 -0.17 573.35 507.04 - LU1791177113 - -
Class A8 Hedged NZD Monthly 7.87 0.04 0.51 8.90 6.84 - LU1408528724 - -

Literature

Literature