Equity

BlackRock Global Impact 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.

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. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. Frontier markets are generally more sensitive to economic and political conditions than developed and emerging 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. There may be larger fluctuations to the value of your investment and increased risk of losing your capital.

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

Reinvestments

This product does not have any distributions data as of now.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

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 JPY, 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 03-Dec-2021 USD 335.01
Fund Launch Date 31-Mar-2020
Share Class launch date 05-Mar-2021
12m Trailing Yield -
Number of Holdings as of 29-Oct-2021 62
Base Currency U.S. Dollar
Asset Class Equity
Morningstar Category -
SFDR Classification Article 9
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charges Figures 0.75%
ISIN IE00BLCHKM78
Bloomberg Ticker -
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BLCHKM7
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment JPY 10,000,000.00
Minimum Subsequent Investment JPY 10,000.00
Use of Income Accumulating

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 05-Nov-2021 A
MSCI ESG Quality Score (0-10) as of 05-Nov-2021 6.98
MSCI ESG Quality Score - Peer Percentile as of 05-Nov-2021 75.00
MSCI ESG % Coverage as of 05-Nov-2021 90.82
Fund Lipper Global Classification as of 05-Nov-2021 Equity Global Sm&Mid Cap
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 05-Nov-2021 70.19
Funds in Peer Group as of 05-Nov-2021 216
All data is from MSCI ESG Fund Ratings as of 05-Nov-2021, based on holdings as of 30-Jun-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 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 0.00%
MSCI - Civilian Firearms as of 29-Oct-2021 0.00%
MSCI - Oil Sands as of 29-Oct-2021 0.00%
MSCI - Tobacco as of 29-Oct-2021 0.00%

Business Involvement Coverage as of 29-Oct-2021 90.58%
Percentage of Fund not covered as of 29-Oct-2021 9.42%
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.


In addition to the investment process described in the Fund documentation, the Fund manager also considers ESG criteria during the idea generation, company research, portfolio construction and ongoing monitoring phases of the investment process. ESG information may be sourced from BlackRock’s internal ESG research, third-party data providers, and engagement with company management. The Fund manager incorporates exposures to material environmental, social and governance risks, and uses BlackRock’s internal business involvement and controversy flags, among other tools, to filter the investable universe. The Fund manager utilizes regular meetings with company management and site visits to address any outstanding ESG concerns. All the above is recorded as independent ESG commentary in a dedicated section of internal stock reports as well as in analysts’ company meeting notes. ESG discussion is a necessary, essential, and mandatory part of the team’s regular security presentations, Risk and Quantitative Analysis group reviews, portfolio attribution reviews, daily team meetings, and reviews with the Chief Investment Officers.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

Eric Rice
Eric Rice

Holdings

Holdings

as of 29-Oct-2021
Name Weight (%)
ROYALTY PHARMA PLC 3.39
BANK RAKYAT INDONESIA (PERSERO) TBK PT 3.38
ZOETIS INC 3.25
BOSTON SCIENTIFIC CORPORATION 3.21
EDP RENOVAVEIS SA 3.05
Name Weight (%)
APTIV PLC 3.04
JACK HENRY & ASSOCIATES INC. 3.01
PAYPAL HOLDINGS INC 2.70
VEEVA SYSTEMS INC 2.65
KONINKLIJKE PHILIPS NV 2.51
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 I JPY - 10,070.55 -109.00 -1.07 11,457.91 10,000.00 10,070.55 IE00BLCHKM78 10,070.55 -
Class A USD - 160.35 -2.11 -1.30 191.52 160.35 160.35 IE00BL5H0X59 160.35 -
Class D GBP - 152.36 -0.99 -0.65 171.70 150.95 152.36 IE00BL5H1323 152.36 -
Class I EUR - 158.39 -1.55 -0.97 176.38 148.38 158.39 IE00BLJP7D43 158.39 -
Class I EUR - 158.89 -2.15 -1.34 190.05 158.89 158.89 IE00BLJP7H80 158.89 -
Class D EUR - 157.56 -1.54 -0.97 175.45 147.84 157.56 IE00BL5H1091 157.56 -
Class A EUR - 155.66 -1.53 -0.97 173.64 147.16 155.66 IE00BL5H0Y66 155.66 -
Class A EUR - 107.87 -1.06 -0.97 120.33 101.98 107.87 IE00BMYPBC33 107.87 -
Class D USD - 161.84 -2.13 -1.30 192.15 161.84 161.84 IE00BL5H0Z73 161.84 -
Class I GBP - 152.71 -0.99 -0.64 171.86 151.02 152.71 IE00BLJP7J05 152.71 -

Literature

Literature