Real Estate

BSF Global Real Asset Securities 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.

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Performance

Performance

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Distributions

Record Date Ex-Date Payable Date
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  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
From
30.Jun.2020
To
30.Jun.2021
Total Return (%)

as of 30-Jun-2021

- - - - 29.96
Benchmark (%)

as of 30-Jun-2021

- - - - 24.17
  1y 3y 5y 10y Incept.
22.61 - - - 12.53
Benchmark (%)

as of 31-Aug-2021

22.67 - - - 3.43
  YTD 1m 3m 1y 3y 5y 10y Incept.
13.20 0.50 3.29 22.61 - - - 24.16
Benchmark (%)

as of 31-Aug-2021

12.19 1.23 2.76 22.67 - - - 6.38
  2016 2017 2018 2019 2020
Total Return (%) - - - - 6.52
Annual w/ Sales Charge (%) - - - - 1.19
Benchmark (%) - - - - -6.80

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 USD, 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 22-Sep-2021 USD 443.07
12m Trailing Yield as of 31-Aug-2021 8.28
Number of Holdings 50
Base Currency U.S. Dollar
Fund Launch Date 30-Nov-2017
Share Class launch date 30-Oct-2019
Asset Class Real Estate
Morningstar Category -
Benchmark Index FTSE EPRA/Nareit Developed Dividend+ Index (50%) and FTSE Global Developed Core Infrastructure 50/50 Index (50%)
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 1.54%
ISIN LU2070343558
Bloomberg Ticker BSGRA3U
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BK20XV9
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5,000.00
Minimum Subsequent Investment USD 1,000.00
Use of Income Distributing

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, 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 ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07-Sep-2021 BBB
MSCI ESG Quality Score (0-10) as of 07-Sep-2021 5.70
MSCI ESG Quality Score - Peer Percentile as of 07-Sep-2021 82.24
MSCI ESG % Coverage as of 07-Sep-2021 91.24
Fund Lipper Global Classification as of 07-Sep-2021 Equity Sector Real Est Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Sep-2021 284.69
Funds in Peer Group as of 07-Sep-2021 349
All data is from MSCI ESG Fund Ratings as of 07-Sep-2021, based on holdings as of 30-Apr-2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), 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.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’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.

MSCI - Controversial Weapons as of 31-Aug-2021 0.00%
MSCI - UN Global Compact Violators as of 31-Aug-2021 0.00%
MSCI - Nuclear Weapons as of 31-Aug-2021 0.00%
MSCI - Thermal Coal as of 31-Aug-2021 0.00%
MSCI - Civilian Firearms as of 31-Aug-2021 0.00%
MSCI - Oil Sands as of 31-Aug-2021 0.00%
MSCI - Tobacco as of 31-Aug-2021 0.00%

Business Involvement Coverage as of 31-Aug-2021 99.34%
Percentage of Fund not covered as of 31-Aug-2021 0.48%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (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 by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data 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. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in the initial screening, sourcing and due diligence phases of the investment process. This may include the use of internal ESG due diligence templates to identify, analyze and document key ESG risks, and the use of thematic environmental, social and governance information sourced from both primary sources and third-party data providers. Identified material ESG risks are included in Investment Committee material and, where appropriate, discussed at relevant Investment Committee meetings. This information broadly informs the investment approach and may be considered in investment decisions or security selection. The Fund manager also considers ESG criteria during post-investment monitoring and conducts regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

James Wilkinson
James Wilkinson
Alastair Gillespie
Alastair Gillespie
Mark Howard-Johnson
Mark Howard-Johnson

Holdings

Holdings

as of 31-Aug-2021
Name Weight (%)
TRANSURBAN GROUP STAPLED UNITS 3.96
ENEL 3.74
NATIONAL GRID PLC 3.70
EQUINIX REIT INC 3.12
UDR REIT INC 3.10
Name Weight (%)
NEXTERA ENERGY INC 3.01
VONOVIA SE 2.96
ESR CAYMAN LTD 2.74
INFRASTRUTTURE WIRELESS ITALIANE 2.70
MEDICAL PROPERTIES TRUST REIT INC 2.58
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Aug-2021

% of Market Value

Type Fund
Allocations subject to change.
as of 31-Aug-2021

% of Market Value

Type Fund
Sorry, maturities are not available at this time.
as of 31-Aug-2021

% of Market Value

Type Fund
Sorry, ratings are not available at this time.
as of 31-Aug-2021

% 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
Class A3 USD Monthly 102.82 -0.11 -0.11 105.94 87.08 - LU2070343558 - -
Class A2 USD None 141.48 -0.15 -0.11 145.77 111.59 - LU1669035997 - -
Class D3 USD Monthly 104.40 -0.10 -0.10 107.52 88.07 - LU2047633727 - -
Class A3 Hedged SGD Monthly 102.42 -0.10 -0.10 105.50 66.25 - LU2070343632 - -
Class A3 Hedged EUR - 100.07 -0.10 -0.10 103.32 85.31 - LU2099546561 - -
Class D3 Hedged SGD - 98.97 -0.10 -0.10 101.97 98.14 - LU2364470067 - -
Class A3 Hedged HKD Monthly 103.20 -0.11 -0.11 106.37 87.81 - LU2070343715 - -
Class E2 EUR None 140.91 -0.16 -0.11 143.32 112.15 - LU1669036888 - -
Class D2 USD None 144.71 -0.15 -0.10 149.04 113.52 - LU1669036458 - -

Literature

Literature