Equity

BGF Multi-Theme Equity 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.

Investments in the technology securities are subject to absence or loss of intellectual property protections, rapid changes in technology, government regulation and competition. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Investments in the new energy securities are subject to environmental concerns, taxes, government regulation, price and supply fluctuations. Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

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

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Reinvestments

This product does not have any distributions data as of now.
  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
From
30.Sep.2020
To
30.Sep.2021
Total Return (%)

as of 30-Sep-2021

- - - - -
  1y 3y 5y 10y Incept.
35.70 - - - 33.58
Benchmark (%)

as of 31-Oct-2021

29.61 - - - 29.76
  YTD 1m 3m 1y 3y 5y 10y Incept.
12.63 3.08 1.06 35.70 - - - 33.80
Benchmark (%)

as of 31-Oct-2021

18.36 4.16 4.05 29.61 - - - 29.95
  2016 2017 2018 2019 2020
Total Return (%) - - - - -
Annual w/ Sales Charge (%) - - - - -

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

Key Facts

Key Facts

Size of Fund (Millions) as of 26-Nov-2021 USD 177.97
12m Trailing Yield -
Number of Holdings as of 29-Oct-2021 14
Base Currency U.S. Dollar
Fund Launch Date 10-Jul-2020
Share Class launch date 28-Oct-2020
Asset Class Equity
Morningstar Category -
Benchmark Index MSCI All Country World Index
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 0.80%
ISIN LU2242189079
Bloomberg Ticker MTEF-AGG
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BN71W66
Bloomberg Benchmark Ticker -
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 Accumulating

Sustainability Characteristics

Sustainability Characteristics

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. 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.


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 29-Oct-2021 0.00%
MSCI - UN Global Compact Violators as of 29-Oct-2021 0.00%
MSCI - Nuclear Weapons as of 29-Oct-2021 0.00%
MSCI - Thermal Coal as of 29-Oct-2021 0.01%
MSCI - Civilian Firearms as of 29-Oct-2021 0.32%
MSCI - Oil Sands as of 29-Oct-2021 0.00%
MSCI - Tobacco as of 29-Oct-2021 0.07%

Business Involvement Coverage as of 29-Oct-2021 98.69%
Percentage of Fund not covered as of 29-Oct-2021 1.28%
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 0.01% 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 research, monitoring and reporting phases of the investment process. This includes both BlackRock and third-party research and feeds into the initial investment decision. When making buy, hold and sell decisions, the team takes into consideration competitive advantages of allocating to vehicles that provide access to companies with stronger ESG characteristics, within a given industry. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock’s Risk and Quantitative Analysis group as well as portfolio reviews with Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Risk Indicator

Risk Indicator

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3
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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

Rafael Iborra
Rafael Iborra

Holdings

Holdings

as of 29-Oct-2021
Name Weight (%)
N/A Issuer Name 18.83
ISHARES V PLC - ISHARES S&P COMMODITY PRODUCERS AGRIBUSINESS 14.96
BLACKROCK GLOBAL FUNDS - NEW ENERGY FUND 14.29
BGF CIRCULAR ECONOMY FUND 12.05
ISHARES S&P GLOBAL WATER 50 11.02
Name Weight (%)
ISHARES DIGITAL SECURITY UCITS ETF USD CAP 8.95
ISHARES GLOBAL TIMBER&FORESTRY UCITS ETF USD(DIST) 5.98
ISHARES AGEING POPULATION UCITS ETF 4.93
ISHARES AUTOMATION & ROBOTICS UCITS ETF 4.02
ISHARES DIGITALISATION UCITS ETF 2.90
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 D2 Hedged EUR - 13.17 -0.28 -2.08 13.77 11.15 - LU2242189079 - -
Class D2 GBP - 10.82 -0.25 -2.26 11.22 9.06 - LU2123743937 - -
Class AI2 EUR - 14.32 -0.40 -2.72 14.87 11.34 - LU2123743697 - -
Class E2 EUR - 14.22 -0.40 -2.74 14.77 11.31 - LU2123744075 - -
Class D2 USD - 14.43 -0.30 -2.04 15.07 12.08 - LU2123743770 - -
Class A2 USD - 14.30 -0.30 -2.05 14.94 12.05 - LU2123743341 - -
Class A2 EUR - 12.66 -0.35 -2.69 13.15 10.02 - LU2123743424 - -
Class A2 Hedged EUR - 13.07 -0.28 -2.10 13.68 11.14 - LU2242189152 - -
Class D2 EUR - 12.78 -0.35 -2.67 13.27 10.05 - LU2123743853 - -

Literature

Literature