IMPORTANT:
• The Fund may invest in debt securities that are subject to actual or perceived ratings downgrade. The Fund may invest in assets denominated in various currencies. Changes in exchange rates and currency controls may affect the value of the Fund's assets. The Fund invests in certain emerging markets and may be subject to political, tax, economic, social and foreign exchange risks. An increase in interest rates may adversely affect the value of the bonds held by the Fund. The Fund invests in bonds issued or guaranteed by governments or authorities, which may involve political, economic, default or other risks.
• The Fund is subject to foreign investments restrictions risk, non-Investment grade and unrated bond risks, smaller companies’ volatility and liquidity risks, securities lending counterparty risk, currency conversion risk including Renminbi denominated Classes and contingent convertible bonds risk.
• Class 9 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Dividend payment on an annual basis must be at least equal to the Dividend Threshold Amount, and in the event of a shortfall, a material portion of any dividend payment may be made out of capital. The Dividend Threshold Amount may be reduced during the year and it is not an alternative to a savings account or fixed-interest paying investment.Class 10 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Paying dividends gross of expenses may result in more income being available for distribution; however these shares may effectively pay dividends from capital – may amount to a partial return or withdrawal of an investor’s original investment or capital gains. All declared dividends result in an immediate reduction in the NAV price of the share class on the ex-dividend date.
• The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage.
• The value of the Fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount of your investment could be lost.
• Investors should not make investment decisions based on this document alone. Investors should refer to the Prospectus and Key Facts Statement for details including risk factors.
Overview
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
Performance
Performance
Chart
Distributions
Ex-Date | Distribution |
---|
-
Returns
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 1.44 | -2.70 | 2.16 | 10.45 | -11.50 | 13.34 | 17.43 | 5.19 | -18.98 | 9.63 |
If the share class of the fund has been launched for less than 5 years, please refer to the fund factsheet for the performance information calculated from the launch date to the end of launch year.
Performance is calculated based on the calendar year end, NAV-to-NAV with dividend reinvested.
These figures show by how much the Share Class of the Fund increased or decreased in value during the calendar year being shown. Performance is calculated in the relevant Share Class currency, including ongoing charges and taxes and excluding subscription and redemption fees, if applicable.
Where no past performance is shown there was insufficient data available in that calendar year to provide performance.
Please refer to the Key Facts section on the right for the inception date of the Fund and the Share Class.
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) | 18.51 | -0.45 | 4.73 | 2.79 | 3.49 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 9.34 | 1.32 | 3.35 | 4.23 | 18.51 | -1.36 | 26.01 | 31.67 | 83.31 |
Performance is calculated based on the period NAV-to-NAV with dividend reinvested. Performance figures are calculated net of fees.
These figures show by how much the Share Class of the Fund increased or decreased in value during the period being shown. Performance is calculated in the relevant share class currency, including ongoing charges and taxes and excluding subscription and redemption fees, if applicable.
Where no past performance is shown there was insufficient data available in that period to provide performance.
Please refer to the Key Facts section for the inception date of the Fund and the Share Class.
The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past
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
Portfolio Characteristics
Portfolio Characteristics
Sustainability Characteristics
Sustainability Characteristics
Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.
The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.
To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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.
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.
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 financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.
Ratings
Ratings
Holdings
Holdings
Name | Weight (%) |
---|---|
MICROSOFT CORP | 2.72 |
NVIDIA CORP | 2.16 |
AMAZON COM INC | 1.63 |
APPLE INC | 1.57 |
ALPHABET INC CLASS C | 1.34 |
Name | Weight (%) |
---|---|
UNITEDHEALTH GROUP INC | 0.89 |
META PLATFORMS INC CLASS A | 0.86 |
MASTERCARD INC CLASS A | 0.83 |
PROGRESSIVE CORP | 0.80 |
WALMART INC | 0.75 |
Name | Weight (%) |
---|---|
GERMANY (FEDERAL REPUBLIC OF) 2.3 02/15/2033 | 1.99 |
UK CONV GILT 1.25 07/22/2027 | 1.31 |
TREASURY NOTE 4.125 07/31/2028 | 1.28 |
AUSTRALIA (COMMONWEALTH OF) 1 11/21/2031 | 1.22 |
GERMANY (FEDERAL REPUBLIC OF) 1.7 08/15/2032 | 1.13 |
Name | Weight (%) |
---|---|
MEXICO (UNITED MEXICAN STATES) (GO 5.75 03/05/2026 | 0.82 |
TREASURY NOTE 4 06/30/2028 | 0.79 |
TREASURY NOTE 4.875 10/31/2028 | 0.64 |
TREASURY (CPI) NOTE 2.125 04/15/2029 | 0.48 |
TREASURY NOTE 5 09/30/2025 | 0.47 |
Exposure Breakdowns
Exposure Breakdowns
% of Weight
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.
% of Net Assets represents the Fund’s exposure based on the economic value of securities and is adjusted for futures, options, and swaps (except with respect to fixed income securities), and convertible bonds.
Pricing & Exchange
Pricing & Exchange
Share Class | Currency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
---|---|---|---|---|---|---|---|---|
A4 HEDGED | EUR | 40.36 | -0.54 | -1.32 | 31-Oct-2024 | 41.64 | 34.45 | LU0240613025 |
A10 Hedged | ZAR | 101.34 | -2.17 | -2.10 | 31-Oct-2024 | 105.81 | 90.13 | LU2637965943 |
A10 Hedged | AUD | 10.03 | -0.19 | -1.86 | 31-Oct-2024 | 10.45 | 8.99 | LU2637965869 |
A2 Hedged | EUR | 44.39 | -0.60 | -1.33 | 31-Oct-2024 | 45.80 | 37.49 | LU0212925753 |
A2 Hedged | GBP | 38.11 | -0.51 | -1.32 | 31-Oct-2024 | 39.25 | 31.76 | LU0236177068 |
A10 | USD | 10.28 | -0.19 | -1.81 | 31-Oct-2024 | 10.71 | 9.05 | LU2637965356 |
A10 Hedged | SGD | 10.10 | -0.18 | -1.75 | 31-Oct-2024 | 10.52 | 9.00 | LU2637965513 |
A9 Hedged | AUD | 8.86 | -0.12 | -1.34 | 31-Oct-2024 | 9.19 | 7.68 | LU2354320728 |
A10 Hedged | CNH | 99.16 | -1.88 | -1.86 | 31-Oct-2024 | 103.53 | 89.78 | LU2637965604 |
A4 | EUR | 69.03 | -1.00 | -1.43 | 31-Oct-2024 | 70.71 | 59.22 | LU0408221512 |
D2 | USD | 89.51 | -1.17 | -1.29 | 31-Oct-2024 | 92.12 | 73.60 | LU0329592538 |
A2 Hedged | CHF | 13.96 | -0.19 | -1.34 | 31-Oct-2024 | 14.44 | 12.04 | LU0343169966 |
A9 | USD | 9.39 | -0.13 | -1.37 | 31-Oct-2024 | 9.74 | 8.01 | LU2354320561 |
A10 Hedged | HKD | 101.84 | -1.88 | -1.81 | 31-Oct-2024 | 106.05 | 90.31 | LU2637965430 |
C2 HEDGED | EUR | 32.00 | -0.43 | -1.33 | 31-Oct-2024 | 33.06 | 27.37 | LU0212926058 |
D4 | GBP | 58.72 | -0.25 | -0.42 | 31-Oct-2024 | 59.93 | 52.14 | LU1852330908 |
A10 Hedged | EUR | 10.19 | -0.18 | -1.74 | 31-Oct-2024 | 10.60 | 9.02 | LU2637965786 |
A2 | EUR | 72.56 | -1.05 | -1.43 | 31-Oct-2024 | 74.32 | 61.59 | LU0171283459 |
A2 Hedged | SGD | 17.54 | -0.24 | -1.35 | 31-Oct-2024 | 18.10 | 14.82 | LU0308772762 |
D2 Hedged | EUR | 50.42 | -0.67 | -1.31 | 31-Oct-2024 | 51.98 | 42.27 | LU0329591480 |
A9 Hedged | SGD | 8.99 | -0.12 | -1.32 | 31-Oct-2024 | 9.33 | 7.81 | LU2354320645 |
D2 | EUR | 82.40 | -1.19 | -1.42 | 31-Oct-2024 | 84.38 | 69.42 | LU0523293024 |
A2 | HUF | 29,597.99 | -404.25 | -1.35 | 31-Oct-2024 | 30,002.24 | 23,544.34 | LU0566074125 |
D2 Hedged | CHF | 15.30 | -0.21 | -1.35 | 31-Oct-2024 | 15.82 | 13.10 | LU0827880260 |
C2 | USD | 56.79 | -0.74 | -1.29 | 31-Oct-2024 | 58.55 | 47.64 | LU0147395726 |
C2 | EUR | 52.28 | -0.76 | -1.43 | 31-Oct-2024 | 53.58 | 44.93 | LU0331284793 |
D4 | EUR | 69.63 | -1.01 | -1.43 | 31-Oct-2024 | 71.31 | 59.70 | LU0827880005 |
A2 Hedged | PLN | 22.87 | -0.30 | -1.29 | 31-Oct-2024 | 23.55 | 19.01 | LU0480534592 |
A2 Hedged | AUD | 21.57 | -0.29 | -1.33 | 31-Oct-2024 | 22.23 | 18.18 | LU0468326631 |
D2 Hedged | AUD | 23.62 | -0.32 | -1.34 | 31-Oct-2024 | 24.33 | 19.76 | LU0827880187 |
D2 Hedged | PLN | 25.05 | -0.33 | -1.30 | 31-Oct-2024 | 25.77 | 20.66 | LU0827880427 |
A2 Hedged | HKD | 18.21 | -0.24 | -1.30 | 31-Oct-2024 | 18.77 | 15.26 | LU0788109477 |
D4 Hedged | EUR | 40.67 | -0.54 | -1.31 | 31-Oct-2024 | 41.95 | 34.70 | LU0827880773 |
A2 Hedged | CNH | 175.26 | -2.36 | -1.33 | 31-Oct-2024 | 181.05 | 149.52 | LU1062906877 |
D2 Hedged | SGD | 19.31 | -0.26 | -1.33 | 31-Oct-2024 | 19.92 | 16.19 | LU0827880690 |
A4 | USD | 74.99 | -0.98 | -1.29 | 31-Oct-2024 | 77.22 | 62.79 | LU0724617625 |
D2 Hedged | GBP | 41.70 | -0.55 | -1.30 | 31-Oct-2024 | 42.92 | 34.49 | LU0827880344 |
A2 | USD | 78.82 | -1.03 | -1.29 | 31-Oct-2024 | 81.17 | 65.30 | LU0072462426 |