BGF Circular Economy The Fund aims to provide a return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests globally at least 80% of its total assets in the equity securities (i.e. shares) of companies globally that benefit from, or contribute to, the advancement of the “Circular Economy”. The Circular Economy concept recognises the importance of a sustainable economic system and aims to minimise waste by considering the full life-cycle of materials, and redesigning products and operations to encourage greater re-use and recycling. In normal market conditions the Fund will invest in a portfolio of equity securities of companies with large, medium and small market capitalisation (market capitalisation is the share price of the company multiplied by the number of shares issued) that are involved in activities including the following: raw materials (e.g. metals and battery materials), across all industry sectors, that contribute to the advancement of a Circular Economy across four categories as described in the prospectus: (1) Adopters (2) Enablers (3) Beneficiaries (4) Business model winners. The companies are rated by the IA based on their ability to manage the risks and opportunities associated with the Circular Economy and on their environmental, social and governance (ESG) risk and opportunity credentials. The Fund adopts a “best in class” approach to sustainable investing. This means that the Fund selects the best issuers (from an ESG perspective) for each relevant sector of activities (without excluding any sector of activities). More than 90% of the issuers of securities the Fund invests in are ESG rated or have been analysed for ESG purposes. The Fund may gain limited exposure to issuers that do not meet the Circular Economy and/or the ESG criteria described above. Net Assets of Fund USD 1.491.686.170 Share Class launch date 07.Jul2021 Fund Launch Date 02.Oct2019 Share Class Currency USD Fund Base Currency USD Asset Class Equity Comparator Benchmark 1 MSCI ACWI Equal Weighted Index SFDR Classification Article 9 Initial Charge 0,00% Ongoing Charges Figures 0,72% ISIN LU2360107911 Annual Management Fee 0,68% Performance Fee 0,00% Minimum Initial Investment USD 10.000.000,00 Minimum Subsequent Investment USD 1.000,00 Use of Income Distributing Domicile Luxembourg Regulatory Structure UCITS Management Company BlackRock (Luxembourg) S.A. Morningstar Category - Dealing Settlement Trade Date + 3 days Dealing Frequency Daily, forward pricing basis Bloomberg Ticker BGBCEI4 SEDOL BMB5ZS0 29-Feb-2024 BGF Circular Economy Inception Date 07.Jul2021 Fund Holdings as of - Total Net Assets USD 4.745,00 Number of Securities 39,00 Shares Outstanding 328,08 Name Weight (%) REPUBLIC SERVICES INC 5.2058 MICROSOFT CORP 5.0202 CRH PUBLIC LIMITED PLC 4.8184 ASML HOLDING NV 3.906 AVERY DENNISON CORP 3.7982 XYLEM INC 3.6972 SCHNEIDER ELECTRIC 3.3143 GRAPHIC PACKAGING HOLDING 3.1248 THERMO FISHER SCIENTIFIC INC 3.0798 DASSAULT SYSTEMES 3.0188 As Of NAV per Share Daily NAV Change Daily NAV Change % 28.Mar2024 14.46 0.01 0.06920415224913495 27.Mar2024 14.45 0.04 0.2775850104094379 26.Mar2024 14.41 0 0 25.Mar2024 14.41 0.04 0.2783576896311761 22.Mar2024 14.37 -0.11 -0.7596685082872928 21.Mar2024 14.48 0.22 1.5427769985974755 20.Mar2024 14.26 0.09 0.6351446718419196 19.Mar2024 14.17 -0.03 -0.2112676056338028 18.Mar2024 14.2 -0.03 -0.21082220660576248 15.Mar2024 14.23 0.07 0.4943502824858757 14.Mar2024 14.16 -0.08 -0.5617977528089888 13.Mar2024 14.24 0.1 0.7072135785007072 12.Mar2024 14.14 0.13 0.92790863668808 11.Mar2024 14.01 -0.21 -1.4767932489451476 08.Mar2024 14.22 0.07 0.49469964664310956 07.Mar2024 14.15 0.16 1.143674052894925 06.Mar2024 13.99 -0.01 -0.07142857142857142 05.Mar2024 14 -0.06 -0.4267425320056899 04.Mar2024 14.06 0.14 1.0057471264367817 01.Mar2024 13.92 -0.07 -0.5003573981415297 29.Feb2024 13.99 0.07 0.5028735632183908 28.Feb2024 13.92 -0.06 -0.4291845493562232 27.Feb2024 13.98 0.05 0.3589375448671931 26.Feb2024 13.93 0.02 0.14378145219266714 23.Feb2024 13.91 0.07 0.5057803468208093 22.Feb2024 13.84 0.18 1.3177159590043923 21.Feb2024 13.66 0.02 0.1466275659824047 20.Feb2024 13.64 -0.01 -0.07326007326007326 19.Feb2024 13.65 0.02 0.1467351430667645 16.Feb2024 13.63 0.04 0.29433406916850624 15.Feb2024 13.59 0.16 1.1913626209977661 14.Feb2024 13.43 0.06 0.4487658937920718 13.Feb2024 13.37 -0.14 -1.0362694300518134 12.Feb2024 13.51 0.03 0.22255192878338279 09.Feb2024 13.48 -0.02 -0.14814814814814814 08.Feb2024 13.5 0.07 0.5212211466865228 07.Feb2024 13.43 0.14 1.053423626787058 06.Feb2024 13.29 -0.02 -0.15026296018031554 05.Feb2024 13.31 -0.07 -0.523168908819133 02.Feb2024 13.38 0.03 0.2247191011235955 01.Feb2024 13.35 -0.17 -1.257396449704142 31.Jan2024 13.52 0 0 30.Jan2024 13.52 0.1 0.7451564828614009 29.Jan2024 13.42 -0.03 -0.22304832713754646 26.Jan2024 13.45 0.08 0.5983545250560958 25.Jan2024 13.37 0.02 0.149812734082397 24.Jan2024 13.35 0.09 0.6787330316742082 23.Jan2024 13.26 0.01 0.07547169811320754 22.Jan2024 13.25 0.16 1.2223071046600458 19.Jan2024 13.09 -0.01 -0.07633587786259542 18.Jan2024 13.1 0.05 0.3831417624521073 17.Jan2024 13.05 -0.11 -0.8358662613981763 16.Jan2024 13.16 -0.09 -0.6792452830188679 15.Jan2024 13.25 -0.07 -0.5255255255255256 12.Jan2024 13.32 0.1 0.75642965204236 11.Jan2024 13.22 0.05 0.37965072133637057 10.Jan2024 13.17 0.02 0.1520912547528517 09.Jan2024 13.15 0.02 0.15232292460015232 08.Jan2024 13.13 0.06 0.4590665646518745 05.Jan2024 13.07 -0.03 -0.22900763358778625 04.Jan2024 13.1 -0.03 -0.2284843869002285 03.Jan2024 13.13 -0.21 -1.5742128935532234 02.Jan2024 13.34 -0.14 -1.0385756676557865 29.Dec2023 13.48 -0.01 -0.07412898443291327 28.Dec2023 13.49 0.03 0.22288261515601784 27.Dec2023 13.46 0.11 0.8239700374531835 22.Dec2023 13.35 0.06 0.45146726862302483 21.Dec2023 13.29 0.02 0.15071590052750566 20.Dec2023 13.27 0.01 0.07541478129713423 19.Dec2023 13.26 0.1 0.7598784194528876 18.Dec2023 13.16 -0.03 -0.22744503411675512 15.Dec2023 13.19 -0.03 -0.22692889561270801 14.Dec2023 13.22 0.35 2.7195027195027195 13.Dec2023 12.87 0.08 0.6254886630179828 12.Dec2023 12.79 0.01 0.0782472613458529 11.Dec2023 12.78 0.03 0.23529411764705882 08.Dec2023 12.75 0.06 0.4728132387706856 07.Dec2023 12.69 -0.05 -0.3924646781789639 06.Dec2023 12.74 0.08 0.631911532385466 05.Dec2023 12.66 -0.08 -0.6279434850863422 04.Dec2023 12.74 0.02 0.15723270440251572 01.Dec2023 12.72 0.07 0.5533596837944664 30.Nov2023 12.65 0 0 29.Nov2023 12.65 0.07 0.5564387917329093 28.Nov2023 12.58 0.01 0.07955449482895784 27.Nov2023 12.57 -0.03 -0.23809523809523808 24.Nov2023 12.6 0.04 0.3184713375796178 23.Nov2023 12.56 0.01 0.0796812749003984 22.Nov2023 12.55 0.01 0.07974481658692185 21.Nov2023 12.54 0.07 0.5613472333600642 20.Nov2023 12.47 -0.02 -0.16012810248198558 17.Nov2023 12.49 0.05 0.40192926045016075 16.Nov2023 12.44 -0.01 -0.08032128514056225 15.Nov2023 12.45 0.1 0.8097165991902834 14.Nov2023 12.35 0.31 2.574750830564784 13.Nov2023 12.04 0.04 0.3333333333333333 10.Nov2023 12 -0.1 -0.8264462809917356 09.Nov2023 12.1 0.09 0.7493755203996669 08.Nov2023 12.01 0.05 0.4180602006688963 07.Nov2023 11.96 -0.02 -0.1669449081803005 06.Nov2023 11.98 -0.03 -0.2497918401332223 03.Nov2023 12.01 0.15 1.2647554806070826 02.Nov2023 11.86 0.32 2.7729636048526864 31.Oct2023 11.54 0.14 1.2280701754385965 30.Oct2023 11.4 0.02 0.1757469244288225 27.Oct2023 11.38 -0.03 -0.26292725679228746 26.Oct2023 11.41 -0.02 -0.17497812773403323 25.Oct2023 11.43 -0.03 -0.2617801047120419 24.Oct2023 11.46 0.07 0.6145741878841089 23.Oct2023 11.39 -0.08 -0.6974716652136007 20.Oct2023 11.47 -0.15 -1.2908777969018932 19.Oct2023 11.62 -0.09 -0.7685738684884714 18.Oct2023 11.71 -0.07 -0.5942275042444821 17.Oct2023 11.78 0 0 16.Oct2023 11.78 -0.03 -0.2540220152413209 13.Oct2023 11.81 -0.09 -0.7563025210084033 12.Oct2023 11.9 -0.08 -0.667779632721202 11.Oct2023 11.98 0.05 0.4191114836546521 10.Oct2023 11.93 0.18 1.5319148936170213 09.Oct2023 11.75 0.07 0.5993150684931506 06.Oct2023 11.68 -0.09 -0.7646559048428208 05.Oct2023 11.77 0.08 0.6843455945252352 04.Oct2023 11.69 -0.02 -0.1707941929974381 03.Oct2023 11.71 -0.1 -0.8467400508044031 02.Oct2023 11.81 -0.2 -1.665278934221482 29.Sept2023 12.01 0.17 1.4358108108108107 28.Sept2023 11.84 0.02 0.1692047377326565 27.Sept2023 11.82 -0.08 -0.6722689075630253 26.Sept2023 11.9 -0.05 -0.41841004184100417 25.Sept2023 11.95 -0.05 -0.4166666666666667 22.Sept2023 12 -0.05 -0.4149377593360996 21.Sept2023 12.05 -0.24 -1.9528071602929211 20.Sept2023 12.29 0.08 0.6552006552006552 19.Sept2023 12.21 -0.01 -0.08183306055646482 18.Sept2023 12.22 -0.12 -0.9724473257698542 15.Sept2023 12.34 0.08 0.6525285481239804 14.Sept2023 12.26 0.03 0.24529844644317253 13.Sept2023 12.23 -0.03 -0.24469820554649266 12.Sept2023 12.26 -0.07 -0.5677210056772101 11.Sept2023 12.33 0.01 0.08116883116883117 08.Sept2023 12.32 -0.03 -0.242914979757085 07.Sept2023 12.35 -0.1 -0.8032128514056225 06.Sept2023 12.45 -0.03 -0.2403846153846154 05.Sept2023 12.48 -0.17 -1.3438735177865613 04.Sept2023 12.65 -0.03 -0.23659305993690852 01.Sept2023 12.68 -0.06 -0.47095761381475665 31.Aug2023 12.74 -0.13 -1.0101010101010102 30.Aug2023 12.87 0.26 2.0618556701030926 29.Aug2023 12.61 0.02 0.15885623510722796 28.Aug2023 12.59 0.11 0.8814102564102564 25.Aug2023 12.48 -0.1 -0.794912559618442 24.Aug2023 12.58 0.03 0.23904382470119523 23.Aug2023 12.55 0.07 0.5608974358974359 22.Aug2023 12.48 0.02 0.16051364365971107 21.Aug2023 12.46 0.04 0.322061191626409 18.Aug2023 12.42 -0.16 -1.2718600953895072 17.Aug2023 12.58 -0.08 -0.631911532385466 16.Aug2023 12.66 -0.05 -0.3933910306845004 14.Aug2023 12.71 -0.09 -0.703125 11.Aug2023 12.8 -0.18 -1.386748844375963 10.Aug2023 12.98 0.1 0.7763975155279503 09.Aug2023 12.88 0.08 0.625 08.Aug2023 12.8 -0.11 -0.8520526723470179 07.Aug2023 12.91 -0.03 -0.23183925811437403 04.Aug2023 12.94 0.07 0.5439005439005439 03.Aug2023 12.87 -0.17 -1.303680981595092 02.Aug2023 13.04 -0.05 -0.3819709702062643 01.Aug2023 13.09 -0.09 -0.6828528072837633 31.Jul2023 13.18 -0.02 -0.15151515151515152 28.Jul2023 13.2 -0.08 -0.6024096385542169 27.Jul2023 13.28 0.14 1.06544901065449 26.Jul2023 13.14 -0.06 -0.45454545454545453 25.Jul2023 13.2 0.03 0.22779043280182232 24.Jul2023 13.17 0.02 0.1520912547528517 21.Jul2023 13.15 -0.06 -0.45420136260408783 20.Jul2023 13.21 -0.05 -0.3770739064856712 19.Jul2023 13.26 0.05 0.3785011355034065 18.Jul2023 13.21 0 0 17.Jul2023 13.21 -0.05 -0.3770739064856712 14.Jul2023 13.26 0 0 13.Jul2023 13.26 0.12 0.91324200913242 12.Jul2023 13.14 0.21 1.6241299303944317 11.Jul2023 12.93 0.1 0.779423226812159 10.Jul2023 12.83 0.07 0.54858934169279 07.Jul2023 12.76 0.04 0.31446540880503143 06.Jul2023 12.72 -0.18 -1.3953488372093024 05.Jul2023 12.9 -0.08 -0.6163328197226502 04.Jul2023 12.98 -0.03 -0.23059185242121444 03.Jul2023 13.01 0.05 0.38580246913580246 30.Jun2023 12.96 0.19 1.4878621769772906 29.Jun2023 12.77 -0.02 -0.1563721657544957 28.Jun2023 12.79 0.09 0.7086614173228346 27.Jun2023 12.7 0.01 0.07880220646178093 26.Jun2023 12.69 -0.06 -0.47058823529411764 22.Jun2023 12.75 -0.03 -0.2347417840375587 21.Jun2023 12.78 -0.12 -0.9302325581395349 20.Jun2023 12.9 -0.09 -0.6928406466512702 19.Jun2023 12.99 -0.11 -0.8396946564885496 16.Jun2023 13.1 0.14 1.0802469135802468 15.Jun2023 12.96 -0.01 -0.07710100231303008 14.Jun2023 12.97 0.07 0.5426356589147286 13.Jun2023 12.9 0.18 1.4150943396226414 12.Jun2023 12.72 0.02 0.15748031496062992 09.Jun2023 12.7 0.04 0.315955766192733 08.Jun2023 12.66 -0.05 -0.3933910306845004 07.Jun2023 12.71 0.06 0.4743083003952569 06.Jun2023 12.65 -0.01 -0.07898894154818326 05.Jun2023 12.66 0.07 0.5559968228752978 02.Jun2023 12.59 0.25 2.025931928687196 01.Jun2023 12.34 0.02 0.16233766233766234 31.May2023 12.32 -0.15 -1.202886928628709 30.May2023 12.47 0.01 0.08025682182985554 26.May2023 12.46 0.03 0.2413515687851971 25.May2023 12.43 -0.03 -0.24077046548956663 24.May2023 12.46 -0.27 -2.1209740769835035 23.May2023 12.73 -0.06 -0.4691164972634871 22.May2023 12.79 -0.04 -0.3117692907248636 19.May2023 12.83 0.18 1.4229249011857708 17.May2023 12.65 -0.07 -0.550314465408805 16.May2023 12.72 -0.03 -0.23529411764705882 15.May2023 12.75 -0.04 -0.3127443315089914 12.May2023 12.79 0.05 0.3924646781789639 11.May2023 12.74 -0.07 -0.546448087431694 10.May2023 12.81 -0.09 -0.6976744186046512 08.May2023 12.9 0.09 0.702576112412178 05.May2023 12.81 0.04 0.31323414252153486 04.May2023 12.77 -0.08 -0.622568093385214 03.May2023 12.85 0.12 0.9426551453260016 02.May2023 12.73 0.03 0.23622047244094488 28.Apr2023 12.7 0.13 1.0342084327764518 27.Apr2023 12.57 -0.01 -0.0794912559618442 26.Apr2023 12.58 -0.11 -0.8668242710795903 25.Apr2023 12.69 -0.08 -0.6264682850430697 24.Apr2023 12.77 0.08 0.6304176516942475 21.Apr2023 12.69 0.04 0.31620553359683795 20.Apr2023 12.65 -0.01 -0.07898894154818326 19.Apr2023 12.66 -0.06 -0.4716981132075472 18.Apr2023 12.72 0.07 0.5533596837944664 17.Apr2023 12.65 -0.07 -0.550314465408805 14.Apr2023 12.72 0.11 0.8723235527359239 13.Apr2023 12.61 0.01 0.07936507936507936 12.Apr2023 12.6 0.07 0.5586592178770949 11.Apr2023 12.53 0.15 1.2116316639741518 06.Apr2023 12.38 -0.13 -1.0391686650679457 05.Apr2023 12.51 -0.12 -0.9501187648456056 04.Apr2023 12.63 0.03 0.23809523809523808 03.Apr2023 12.6 0.04 0.3184713375796178 31.Mar2023 12.56 0.08 0.6410256410256411 30.Mar2023 12.48 0.19 1.545972335231896 29.Mar2023 12.29 0.11 0.90311986863711 28.Mar2023 12.18 -0.01 -0.08203445447087777 27.Mar2023 12.19 0.17 1.4143094841930117 24.Mar2023 12.02 -0.25 -2.037489812550937 23.Mar2023 12.27 0.01 0.08156606851549755 22.Mar2023 12.26 0.08 0.6568144499178982 21.Mar2023 12.18 0.05 0.41220115416323166 20.Mar2023 12.13 0.18 1.506276150627615 17.Mar2023 11.95 -0.09 -0.7475083056478405 16.Mar2023 12.04 0.13 1.0915197313182199 15.Mar2023 11.91 -0.28 -2.2969647251845777 14.Mar2023 12.19 0.16 1.3300083125519535 13.Mar2023 12.03 -0.07 -0.5785123966942148 10.Mar2023 12.1 -0.23 -1.8653690186536902 09.Mar2023 12.33 0.08 0.6530612244897959 08.Mar2023 12.25 -0.13 -1.050080775444265 07.Mar2023 12.38 -0.09 -0.7217321571772254 06.Mar2023 12.47 0.08 0.645682001614205 03.Mar2023 12.39 0.17 1.3911620294599019 02.Mar2023 12.22 -0.1 -0.8116883116883117 01.Mar2023 12.32 0.02 0.16260162601626016 28.Feb2023 12.3 -0.02 -0.16233766233766234 27.Feb2023 12.32 0.19 1.5663643858202803 24.Feb2023 12.13 -0.2 -1.6220600162206003 23.Feb2023 12.33 0.02 0.16246953696181965 22.Feb2023 12.31 -0.12 -0.9654062751407884 21.Feb2023 12.43 -0.17 -1.3492063492063493 20.Feb2023 12.6 0.11 0.8807045636509208 17.Feb2023 12.49 -0.06 -0.47808764940239046 16.Feb2023 12.55 0.03 0.23961661341853036 15.Feb2023 12.52 -0.09 -0.7137192704203014 14.Feb2023 12.61 0.09 0.7188498402555911 13.Feb2023 12.52 0.12 0.967741935483871 10.Feb2023 12.4 -0.28 -2.2082018927444795 09.Feb2023 12.68 0.05 0.39588281868566905 08.Feb2023 12.63 0.11 0.8785942492012779 07.Feb2023 12.52 -0.05 -0.39777247414478917 06.Feb2023 12.57 -0.15 -1.179245283018868 03.Feb2023 12.72 -0.07 -0.547302580140735 02.Feb2023 12.79 0.2 1.5885623510722795 01.Feb2023 12.59 0.17 1.3687600644122384 31.Jan2023 12.42 -0.1 -0.7987220447284346 30.Jan2023 12.52 -0.01 -0.07980845969672785 27.Jan2023 12.53 0 0 26.Jan2023 12.53 0.11 0.8856682769726248 25.Jan2023 12.42 -0.02 -0.1607717041800643 24.Jan2023 12.44 0.02 0.1610305958132045 23.Jan2023 12.42 0.2 1.6366612111292962 20.Jan2023 12.22 -0.04 -0.3262642740619902 19.Jan2023 12.26 -0.35 -2.775574940523394 18.Jan2023 12.61 0.11 0.88 17.Jan2023 12.5 0.03 0.24057738572574178 16.Jan2023 12.47 0.09 0.7269789983844911 13.Jan2023 12.38 0.1 0.8143322475570033 12.Jan2023 12.28 0.02 0.1631321370309951 11.Jan2023 12.26 0.2 1.658374792703151 10.Jan2023 12.06 -0.06 -0.49504950495049505 09.Jan2023 12.12 0.39 3.3248081841432224 06.Jan2023 11.73 0.03 0.2564102564102564 05.Jan2023 11.7 -0.08 -0.6791171477079796 04.Jan2023 11.78 0.13 1.1158798283261802 03.Jan2023 11.65 -0.01 -0.08576329331046312 02.Jan2023 11.66 0.02 0.1718213058419244 30.Dec2022 11.64 -0.03 -0.2570694087403599 29.Dec2022 11.67 -0.01 -0.08561643835616438 28.Dec2022 11.68 0.06 0.5163511187607573 27.Dec2022 11.62 0.07 0.6060606060606061 23.Dec2022 11.55 -0.02 -0.17286084701815038 22.Dec2022 11.57 -0.04 -0.34453057708871665 21.Dec2022 11.61 0.12 1.0443864229765014 20.Dec2022 11.49 -0.12 -1.0335917312661498 19.Dec2022 11.61 -0.08 -0.6843455945252352 16.Dec2022 11.69 -0.15 -1.2668918918918919 15.Dec2022 11.84 -0.37 -3.0303030303030303 14.Dec2022 12.21 -0.11 -0.8928571428571429 13.Dec2022 12.32 0.41 3.4424853064651555 12.Dec2022 11.91 -0.05 -0.4180602006688963 09.Dec2022 11.96 0.06 0.5042016806722689 08.Dec2022 11.9 0.01 0.08410428931875526 07.Dec2022 11.89 -0.03 -0.2516778523489933 06.Dec2022 11.92 -0.08 -0.6666666666666666 05.Dec2022 12 -0.02 -0.16638935108153077 02.Dec2022 12.02 -0.14 -1.1513157894736843 01.Dec2022 12.16 0.35 2.963590177815411 30.Nov2022 11.81 0.03 0.2546689303904924 29.Nov2022 11.78 -0.14 -1.174496644295302 28.Nov2022 11.92 -0.06 -0.5008347245409015 25.Nov2022 11.98 -0.03 -0.2497918401332223 24.Nov2022 12.01 0.07 0.5862646566164154 23.Nov2022 11.94 0.14 1.1864406779661016 22.Nov2022 11.8 0.11 0.9409751924721984 21.Nov2022 11.69 -0.05 -0.42589437819420783 18.Nov2022 11.74 0.19 1.645021645021645 17.Nov2022 11.55 -0.13 -1.1130136986301369 16.Nov2022 11.68 -0.1 -0.8488964346349746 15.Nov2022 11.78 0.06 0.5119453924914675 14.Nov2022 11.72 -0.02 -0.17035775127768313 11.Nov2022 11.74 0.25 2.175805047867711 10.Nov2022 11.49 0.36 3.234501347708895 09.Nov2022 11.13 0 0 08.Nov2022 11.13 0.13 1.1818181818181819 07.Nov2022 11 0.03 0.27347310847766637 04.Nov2022 10.97 0.23 2.1415270018621975 03.Nov2022 10.74 -0.21 -1.917808219178082 02.Nov2022 10.95 -0.03 -0.273224043715847 31.Oct2022 10.98 0.04 0.3656307129798903 28.Oct2022 10.94 -0.04 -0.36429872495446264 27.Oct2022 10.98 0.03 0.273972602739726 26.Oct2022 10.95 0.03 0.27472527472527475 25.Oct2022 10.92 0.13 1.2048192771084338 24.Oct2022 10.79 0.27 2.5665399239543727 21.Oct2022 10.52 -0.05 -0.47303689687795647 20.Oct2022 10.57 -0.04 -0.3770028275212064 19.Oct2022 10.61 -0.21 -1.9408502772643252 18.Oct2022 10.82 0.23 2.1718602455146363 17.Oct2022 10.59 0.07 0.6653992395437263 14.Oct2022 10.52 0.37 3.645320197044335 13.Oct2022 10.15 -0.2 -1.932367149758454 12.Oct2022 10.35 0.02 0.1936108422071636 11.Oct2022 10.33 -0.1 -0.9587727708533078 10.Oct2022 10.43 -0.06 -0.5719733079122974 07.Oct2022 10.49 -0.31 -2.8703703703703702 06.Oct2022 10.8 -0.02 -0.18484288354898337 05.Oct2022 10.82 -0.04 -0.3683241252302026 04.Oct2022 10.86 0.45 4.322766570605188 03.Oct2022 10.41 0 0 30.Sept2022 10.41 0.08 0.7744433688286544 29.Sept2022 10.33 -0.02 -0.1932367149758454 28.Sept2022 10.35 -0.06 -0.5763688760806917 27.Sept2022 10.41 -0.06 -0.5730659025787965 26.Sept2022 10.47 0 0 23.Sept2022 10.47 -0.25 -2.332089552238806 22.Sept2022 10.72 -0.29 -2.6339691189827428 21.Sept2022 11.01 0.01 0.09090909090909091 20.Sept2022 11 -0.06 -0.5424954792043399 19.Sept2022 11.06 0 0 16.Sept2022 11.06 -0.34 -2.982456140350877 15.Sept2022 11.4 -0.01 -0.0876424189307625 14.Sept2022 11.41 -0.25 -2.144082332761578 13.Sept2022 11.66 -0.22 -1.8518518518518519 12.Sept2022 11.88 0.21 1.7994858611825193 09.Sept2022 11.67 0.27 2.3684210526315788 08.Sept2022 11.4 0.15 1.3333333333333333 07.Sept2022 11.25 0.01 0.08896797153024912 06.Sept2022 11.24 -0.03 -0.26619343389529726 05.Sept2022 11.27 -0.12 -1.0535557506584723 02.Sept2022 11.39 0.1 0.8857395925597874 01.Sept2022 11.29 -0.22 -1.9113814074717637 31.Aug2022 11.51 -0.17 -1.4554794520547945 30.Aug2022 11.68 0.01 0.0856898029134533 29.Aug2022 11.67 -0.4 -3.3140016570008286 26.Aug2022 12.07 0.02 0.16597510373443983 25.Aug2022 12.05 0.11 0.9212730318257957 24.Aug2022 11.94 -0.04 -0.333889816360601 23.Aug2022 11.98 -0.09 -0.7456503728251864 22.Aug2022 12.07 -0.24 -1.949634443541836 19.Aug2022 12.31 -0.09 -0.7258064516129032 18.Aug2022 12.4 -0.01 -0.08058017727639001 17.Aug2022 12.41 0 0 16.Aug2022 12.41 0.02 0.16142050040355124 12.Aug2022 12.39 -0.02 -0.16116035455278002 11.Aug2022 12.41 0.12 0.9764035801464606 10.Aug2022 12.29 0.23 1.9071310116086235 09.Aug2022 12.06 -0.17 -1.3900245298446443 08.Aug2022 12.23 0.17 1.4096185737976783 05.Aug2022 12.06 -0.11 -0.903861955628595 04.Aug2022 12.17 0.07 0.5785123966942148 03.Aug2022 12.1 0.01 0.0827129859387924 02.Aug2022 12.09 -0.16 -1.3061224489795917 01.Aug2022 12.25 0.08 0.657354149548069 29.Jul2022 12.17 0.25 2.097315436241611 28.Jul2022 11.92 0.19 1.619778346121057 27.Jul2022 11.73 0.11 0.9466437177280551 26.Jul2022 11.62 -0.08 -0.6837606837606838 25.Jul2022 11.7 -0.06 -0.5102040816326531 22.Jul2022 11.76 0.11 0.944206008583691 21.Jul2022 11.65 0.18 1.5693112467306016 20.Jul2022 11.47 0.13 1.146384479717813 19.Jul2022 11.34 0.05 0.4428697962798937 18.Jul2022 11.29 0.23 2.0795660036166366 15.Jul2022 11.06 0.22 2.029520295202952 14.Jul2022 10.84 -0.07 -0.6416131989000916 13.Jul2022 10.91 -0.18 -1.6230838593327321 12.Jul2022 11.09 -0.02 -0.18001800180018002 11.Jul2022 11.11 -0.09 -0.8035714285714286 08.Jul2022 11.2 -0.08 -0.7092198581560284 07.Jul2022 11.28 0.16 1.4388489208633093 06.Jul2022 11.12 0.16 1.4598540145985401 05.Jul2022 10.96 -0.3 -2.664298401420959 04.Jul2022 11.26 0.08 0.7155635062611807 01.Jul2022 11.18 0.19 1.7288444040036397 30.Jun2022 10.99 -0.25 -2.224199288256228 29.Jun2022 11.24 -0.27 -2.3457862728062553 28.Jun2022 11.51 0.06 0.5240174672489083 27.Jun2022 11.45 0.16 1.41718334809566 24.Jun2022 11.29 0.25 2.2644927536231885 22.Jun2022 11.04 -0.13 -1.1638316920322291 21.Jun2022 11.17 0.17 1.5454545454545454 20.Jun2022 11 -0.03 -0.271985494106981 17.Jun2022 11.03 0.03 0.2727272727272727 16.Jun2022 11 -0.32 -2.8268551236749118 15.Jun2022 11.32 0.01 0.08841732979664015 14.Jun2022 11.31 -0.13 -1.1363636363636365 13.Jun2022 11.44 -0.42 -3.5413153456998314 10.Jun2022 11.86 -0.52 -4.20032310177706 09.Jun2022 12.38 -0.13 -1.0391686650679457 08.Jun2022 12.51 0.06 0.4819277108433735 07.Jun2022 12.45 -0.12 -0.954653937947494 03.Jun2022 12.57 0.11 0.8828250401284109 02.Jun2022 12.46 -0.02 -0.16025641025641027 01.Jun2022 12.48 -0.02 -0.16 31.May2022 12.5 -0.18 -1.4195583596214512 30.May2022 12.68 0.16 1.2779552715654952 27.May2022 12.52 0.47 3.900414937759336 25.May2022 12.05 -0.1 -0.823045267489712 24.May2022 12.15 0.05 0.4132231404958678 23.May2022 12.1 0.05 0.4149377593360996 20.May2022 12.05 0.17 1.430976430976431 19.May2022 11.88 -0.26 -2.1416803953871497 18.May2022 12.14 -0.07 -0.5733005733005733 17.May2022 12.21 0.23 1.9198664440734559 16.May2022 11.98 -0.02 -0.16666666666666666 13.May2022 12 0.33 2.827763496143959 12.May2022 11.67 -0.34 -2.8309741881765196 11.May2022 12.01 0.01 0.08333333333333333 10.May2022 12 -0.16 -1.3157894736842106 06.May2022 12.16 -0.59 -4.627450980392157 05.May2022 12.75 0.13 1.0301109350237718 04.May2022 12.62 0.01 0.07930214115781126 03.May2022 12.61 -0.08 -0.6304176516942475 02.May2022 12.69 -0.31 -2.3846153846153846 29.Apr2022 13 0.23 1.8010963194988254 28.Apr2022 12.77 0.02 0.1568627450980392 27.Apr2022 12.75 -0.16 -1.2393493415956622 26.Apr2022 12.91 0.03 0.2329192546583851 25.Apr2022 12.88 -0.4 -3.0120481927710845 22.Apr2022 13.28 -0.39 -2.852962692026335 21.Apr2022 13.67 0.26 1.9388516032811334 20.Apr2022 13.41 0.24 1.8223234624145785 19.Apr2022 13.17 -0.04 -0.3028009084027252 14.Apr2022 13.21 0.05 0.3799392097264438 13.Apr2022 13.16 -0.13 -0.9781790820165538 12.Apr2022 13.29 -0.01 -0.07518796992481203 11.Apr2022 13.3 0.04 0.30165912518853694 08.Apr2022 13.26 -0.01 -0.07535795026375283 07.Apr2022 13.27 0.05 0.37821482602118 06.Apr2022 13.22 -0.49 -3.574033552151714 05.Apr2022 13.71 -0.02 -0.14566642388929352 04.Apr2022 13.73 0.02 0.14587892049598833 01.Apr2022 13.71 -0.1 -0.724112961622013 31.Mar2022 13.81 -0.12 -0.8614501076812635 30.Mar2022 13.93 -0.05 -0.35765379113018597 29.Mar2022 13.98 0.32 2.342606149341142 28.Mar2022 13.66 0.02 0.1466275659824047 25.Mar2022 13.64 0.1 0.7385524372230429 24.Mar2022 13.54 -0.1 -0.7331378299120235 23.Mar2022 13.64 -0.17 -1.2309920347574221 22.Mar2022 13.81 0.12 0.8765522279035792 21.Mar2022 13.69 0.1 0.7358351729212657 18.Mar2022 13.59 0.09 0.6666666666666666 17.Mar2022 13.5 0.08 0.5961251862891207 16.Mar2022 13.42 0.43 3.310238645111624 15.Mar2022 12.99 -0.07 -0.5359877488514548 14.Mar2022 13.06 0.11 0.8494208494208494 11.Mar2022 12.95 -0.01 -0.07716049382716049 10.Mar2022 12.96 0.1 0.7776049766718507 09.Mar2022 12.86 0.4 3.2102728731942216 08.Mar2022 12.46 -0.25 -1.966955153422502 07.Mar2022 12.71 -0.23 -1.777434312210201 04.Mar2022 12.94 -0.55 -4.07709414381023 03.Mar2022 13.49 0.13 0.9730538922155688 02.Mar2022 13.36 -0.13 -0.9636767976278725 01.Mar2022 13.49 -0.14 -1.0271460014673515 28.Feb2022 13.63 0.03 0.22058823529411764 25.Feb2022 13.6 0.51 3.896103896103896 24.Feb2022 13.09 -0.65 -4.730713245997089 23.Feb2022 13.74 -0.06 -0.43478260869565216 22.Feb2022 13.8 0.03 0.2178649237472767 21.Feb2022 13.77 -0.24 -1.7130620985010707 18.Feb2022 14.01 -0.03 -0.21367521367521367 17.Feb2022 14.04 -0.03 -0.21321961620469082 16.Feb2022 14.07 -0.01 -0.07102272727272728 15.Feb2022 14.08 0.19 1.3678905687544995 14.Feb2022 13.89 -0.36 -2.526315789473684 11.Feb2022 14.25 -0.14 -0.9728978457261988 10.Feb2022 14.39 -0.08 -0.55286800276434 09.Feb2022 14.47 0.38 2.69694819020582 08.Feb2022 14.09 -0.09 -0.6346967559943583 07.Feb2022 14.18 0.06 0.42492917847025496 04.Feb2022 14.12 -0.16 -1.1204481792717087 03.Feb2022 14.28 -0.17 -1.1764705882352942 02.Feb2022 14.45 0.12 0.837404047452896 01.Feb2022 14.33 0.21 1.4872521246458923 31.Jan2022 14.12 0.39 2.8404952658412235 28.Jan2022 13.73 -0.32 -2.2775800711743774 27.Jan2022 14.05 -0.19 -1.3342696629213484 26.Jan2022 14.24 0.31 2.2254127781765973 25.Jan2022 13.93 -0.07 -0.5 24.Jan2022 14 -0.59 -4.043865661411926 21.Jan2022 14.59 -0.39 -2.6034712950600802 20.Jan2022 14.98 0.02 0.13368983957219252 19.Jan2022 14.96 0.11 0.7407407407407407 18.Jan2022 14.85 -0.26 -1.7207147584381204 17.Jan2022 15.11 -0.05 -0.32981530343007914 14.Jan2022 15.16 -0.31 -2.0038784744667097 13.Jan2022 15.47 0.04 0.2592352559948153 12.Jan2022 15.43 0.33 2.185430463576159 11.Jan2022 15.1 0.04 0.2656042496679947 10.Jan2022 15.06 -0.5 -3.2133676092544987 07.Jan2022 15.56 0.03 0.1931745009658725 06.Jan2022 15.53 -0.38 -2.3884349465744816 05.Jan2022 15.91 -0.02 -0.12554927809165098 04.Jan2022 15.93 0.08 0.5047318611987381 03.Jan2022 15.85 -0.05 -0.31446540880503143 31.Dec2021 15.9 -0.07 -0.43832185347526614 30.Dec2021 15.97 0.02 0.12539184952978055 29.Dec2021 15.95 0.04 0.251414204902577 28.Dec2021 15.91 0.16 1.0158730158730158 27.Dec2021 15.75 0.07 0.44642857142857145 23.Dec2021 15.68 0.22 1.423027166882277 22.Dec2021 15.46 0.14 0.9138381201044387 21.Dec2021 15.32 0.18 1.1889035667107002 20.Dec2021 15.14 -0.23 -1.4964216005204944 17.Dec2021 15.37 -0.3 -1.9144862795149968 16.Dec2021 15.67 0.31 2.0182291666666665 15.Dec2021 15.36 -0.16 -1.0309278350515463 14.Dec2021 15.52 -0.12 -0.7672634271099744 13.Dec2021 15.64 -0.03 -0.1914486279514997 10.Dec2021 15.67 -0.05 -0.31806615776081426 09.Dec2021 15.72 -0.03 -0.19047619047619047 08.Dec2021 15.75 0.03 0.19083969465648856 07.Dec2021 15.72 0.39 2.544031311154599 06.Dec2021 15.33 0.03 0.19607843137254902 03.Dec2021 15.3 0 0 02.Dec2021 15.3 -0.11 -0.7138221933809215 01.Dec2021 15.41 0.01 0.06493506493506493 30.Nov2021 15.4 0 0 29.Nov2021 15.4 0.02 0.13003901170351106 26.Nov2021 15.38 -0.19 -1.2202954399486192 25.Nov2021 15.57 0.11 0.7115135834411385 24.Nov2021 15.46 -0.37 -2.337334175615919 23.Nov2021 15.83 -0.21 -1.3092269326683292 22.Nov2021 16.04 0 0 19.Nov2021 16.04 -0.03 -0.18668326073428748 18.Nov2021 16.07 0.07 0.4375 17.Nov2021 16 0.05 0.31347962382445144 16.Nov2021 15.95 -0.03 -0.18773466833541927 15.Nov2021 15.98 0.12 0.7566204287515763 12.Nov2021 15.86 0.06 0.379746835443038 11.Nov2021 15.8 -0.05 -0.31545741324921134 10.Nov2021 15.85 -0.06 -0.3771213073538655 09.Nov2021 15.91 0.09 0.5689001264222503 08.Nov2021 15.82 0.04 0.2534854245880862 05.Nov2021 15.78 0.08 0.5095541401273885 04.Nov2021 15.7 0.18 1.1597938144329898 03.Nov2021 15.52 0.06 0.38809831824062097 02.Nov2021 15.46 0.19 1.2442698100851342 29.Oct2021 15.27 -0.01 -0.06544502617801047 28.Oct2021 15.28 0.08 0.5263157894736842 27.Oct2021 15.2 0 0 26.Oct2021 15.2 0.06 0.3963011889035667 25.Oct2021 15.14 -0.13 -0.8513425016371972 22.Oct2021 15.27 0.2 1.3271400132714002 21.Oct2021 15.07 0.02 0.132890365448505 20.Oct2021 15.05 0.01 0.06648936170212766 19.Oct2021 15.04 0.13 0.8718980549966465 18.Oct2021 14.91 -0.08 -0.533689126084056 15.Oct2021 14.99 0.14 0.9427609427609428 14.Oct2021 14.85 0.22 1.5037593984962405 13.Oct2021 14.63 0.18 1.245674740484429 12.Oct2021 14.45 -0.11 -0.7554945054945055 11.Oct2021 14.56 -0.06 -0.4103967168262654 08.Oct2021 14.62 -0.08 -0.54421768707483 07.Oct2021 14.7 0.29 2.012491325468425 06.Oct2021 14.41 -0.07 -0.48342541436464087 05.Oct2021 14.48 -0.11 -0.7539410555174777 04.Oct2021 14.59 0.03 0.20604395604395603 01.Oct2021 14.56 -0.15 -1.0197144799456153 30.Sept2021 14.71 -0.02 -0.13577732518669383 29.Sept2021 14.73 -0.11 -0.7412398921832885 28.Sept2021 14.84 -0.38 -2.4967148488830486 27.Sept2021 15.22 -0.23 -1.4886731391585761 24.Sept2021 15.45 -0.19 -1.2148337595907928 23.Sept2021 15.64 0.23 1.492537313432836 22.Sept2021 15.41 0.04 0.26024723487312945 21.Sept2021 15.37 0.12 0.7868852459016393 20.Sept2021 15.25 -0.41 -2.6181353767560664 17.Sept2021 15.66 -0.05 -0.31826861871419476 16.Sept2021 15.71 -0.02 -0.12714558169103624 15.Sept2021 15.73 -0.09 -0.5689001264222503 14.Sept2021 15.82 -0.06 -0.3778337531486146 13.Sept2021 15.88 -0.12 -0.75 10.Sept2021 16 0.01 0.06253908692933083 09.Sept2021 15.99 0.02 0.12523481527864747 08.Sept2021 15.97 -0.15 -0.9305210918114144 07.Sept2021 16.12 -0.06 -0.37082818294190356 06.Sept2021 16.18 0.08 0.4968944099378882 03.Sept2021 16.1 -0.09 -0.5558987029030266 02.Sept2021 16.19 0.12 0.7467330429371499 01.Sept2021 16.07 0.05 0.3121098626716604 31.Aug2021 16.02 -0.05 -0.3111387678904792 30.Aug2021 16.07 0.11 0.6892230576441103 27.Aug2021 15.96 0.03 0.18832391713747645 26.Aug2021 15.93 -0.05 -0.31289111389236546 25.Aug2021 15.98 0.02 0.12531328320802004 24.Aug2021 15.96 0.1 0.6305170239596469 23.Aug2021 15.86 0.17 1.0834926704907584 20.Aug2021 15.69 0.12 0.7707129094412332 19.Aug2021 15.57 -0.2 -1.2682308180088777 18.Aug2021 15.77 -0.03 -0.189873417721519 17.Aug2021 15.8 -0.07 -0.4410838059231254 16.Aug2021 15.87 -0.08 -0.5015673981191222 13.Aug2021 15.95 0.06 0.3775959723096287 12.Aug2021 15.89 0.03 0.18915510718789408 11.Aug2021 15.86 0.07 0.44331855604813175 10.Aug2021 15.79 0.06 0.3814367450731087 09.Aug2021 15.73 0.01 0.06361323155216285 06.Aug2021 15.72 -0.1 -0.6321112515802781 05.Aug2021 15.82 0.06 0.38071065989847713 04.Aug2021 15.76 0.17 1.0904425914047466 03.Aug2021 15.59 -0.04 -0.2559181062060141 02.Aug2021 15.63 0.07 0.4498714652956298 30.Jul2021 15.56 0.03 0.1931745009658725 29.Jul2021 15.53 0.22 1.4369693011103855 28.Jul2021 15.31 0.05 0.32765399737876805 27.Jul2021 15.26 -0.08 -0.5215123859191656 26.Jul2021 15.34 0.09 0.5901639344262295 23.Jul2021 15.25 0.08 0.5273566249176005 22.Jul2021 15.17 0.08 0.5301524188204109 21.Jul2021 15.09 0.25 1.6846361185983827 20.Jul2021 14.84 0.07 0.47393364928909953 19.Jul2021 14.77 -0.35 -2.314814814814815 16.Jul2021 15.12 -0.09 -0.591715976331361 15.Jul2021 15.21 -0.12 -0.7827788649706457 14.Jul2021 15.33 0.03 0.19607843137254902 13.Jul2021 15.3 -0.02 -0.13054830287206268 12.Jul2021 15.32 0.11 0.7232084155161078 09.Jul2021 15.21 0.19 1.2649800266311584 08.Jul2021 15.02 -0.22 -1.4435695538057742 07.Jul2021 15.24 -- -- BGF Circular Economy Fund Inception 07-Jul-2021 Month End Date Monthly Total (NAV) Return 31.Jul2021 -- 31.Aug2021 2.956298 30.Sept2021 -8.177278 31.Oct2021 3.806934 30.Nov2021 0.851343 31.Dec2021 3.246753 31.Jan2022 -11.194969 28.Feb2022 -3.470255 31.Mar2022 1.320616 30.Apr2022 -5.865315 31.May2022 -3.846154 30.Jun2022 -12.08 31.Jul2022 10.737034 31.Aug2022 -4.753247 30.Sept2022 -9.556907 31.Oct2022 5.475504 30.Nov2022 7.559199 31.Dec2022 -1.439458 31.Jan2023 6.701031 28.Feb2023 -0.966184 31.Mar2023 2.113821 30.Apr2023 1.11465 31.May2023 -2.992126 30.Jun2023 5.194805 31.Jul2023 1.697531 31.Aug2023 -2.459881 30.Sept2023 -5.729984 31.Oct2023 -3.913405 30.Nov2023 9.618718 31.Dec2023 6.561265 31.Jan2024 0.296736 29.Feb2024 3.476331 Ex-Date Total Distribution 31.Aug2023 0.11578764 31.Aug2022 0.0815299