Equity

BlackRock China Fund

IMPORTANT:
•  The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund invests in certain emerging markets and may be subject to political, tax, economic, social and foreign exchange risks. Additional risk relates to repatriation of capital from investment in some restricted equity securities. The Fund's investments are concentrated in China. This may result in greater volatility than more broad-based investments.
• The Fund is subject to currency risk, smaller companies’ volatility and liquidity risks, securities lending counterparty risk and currency conversion risk including Renminbi denominated Classes.
•  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

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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

Performance chart data not available for display.
View Charts & Calendar Year Performance
  1y 3y 5y 10y Incept.
40.31 6.83 11.07 6.64 7.64
Benchmark (%)

as of 31-Oct-2020

28.15 6.49 10.85 5.88 6.23
  YTD 6m 1y 3y 5y 10y Incept.
29.41 32.44 40.31 21.91 69.07 90.19 148.20
Benchmark (%)

as of 31-Oct-2020

17.43 24.65 28.15 20.77 67.40 77.04 110.97
Past performance is not a guide to future performance. Investors may not get back the full amount invested.

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.

Key Facts

Key Facts

Size of Fund (Millions) as of 23-Nov-2020 USD 1,075.730 M
Base Currency USD
Fund Inception 24-Jun-2008
Share Class Currency USD
Share Class Inception Date 24-Jun-2008
Additional Currencies AUD, EUR, GBP, HKD, RMB, SGD
Asset Class Equity
Morningstar Category China Equity
Benchmark Index MSCI China 10/40 Index
Distribution Frequency Non-Distributing
ISIN LU0359201612
Bloomberg Ticker BLKCHA2
Management Fee (incl Distribution Fee, if any) 1.50%
Initial Charge 5.00%
For Fee details, please refer to the Fund Prospectus.

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of 30-Oct-2020 25.07
Average Market Cap (Millions) as of 30-Oct-2020 USD 225,339.2 M
Modified Duration as of 30-Oct-2020 0.00 yrs
12M Trailing Distribution as of - -
3y Volatility as of 31-Oct-2020 21.98
3y Volatility - Benchmark as of 31-Oct-2020 20.27
3y Beta as of 31-Oct-2020 1.061
5yr Volatility as of 31-Oct-2020 19.79
5y Volatility - Benchmark as of 31-Oct-2020 18.98
5y Beta as of 31-Oct-2020 1.019
Since Class Inception – Volatility as of 31-Oct-2020 23.36
Since Class Inception Volatility – Benchmark as of 31-Oct-2020 23.17
Since Class Inception - Beta as of 31-Oct-2020 0.99

Ratings

Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Oct-2020
Name Weight (%)
TENCENT HOLDINGS LTD 9.94
ALIBABA GROUP HOLDING LTD 9.87
MEITUAN 8.59
JD.COM INC 4.92
PING AN INSURANCE GROUP CO OF CHINA LTD 3.64
Name Weight (%)
CHINA LIFE INSURANCE CO LTD 3.50
CHINA MERCHANTS BANK CO LTD 3.40
XINYI SOLAR HOLDINGS LTD 2.77
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC 2.50
LI NING CO LTD 2.48
The Fund is actively managed and its composition will vary. Holdings shown are for illustrative purposes only and should not be deemed as a recommendation to buy or sell the securities listed. Fund details, holdings and characteristics are as of the date noted and subject to change.
Holdings subject to change.

Exposure Breakdowns

Exposure Breakdowns

as of 30-Oct-2020

% of Weight

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the geography where the issuer of the securities carries out much of their business. “Others” excluded from the chart above.
as of 30-Oct-2020

% of Weight

Type Fund Benchmark Net
as of 30-Oct-2020

% of Weight

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Oct-2020

% of Weight

Type Fund Benchmark Net
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.
Due to rounding, the total may not be equal to 100%

Pricing

Pricing

Share Class Currency Distribution Frequency NAV NAV $ Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
A2 USD Non-Distributing 26.48 0.15 0.57 23-Nov-2020 27.00 15.28 LU0359201612
A2 Hedged SGD Non-Distributing 23.30 0.14 0.60 23-Nov-2020 23.76 13.52 LU0359202008
A2 Hedged AUD Non-Distributing 21.28 0.12 0.57 23-Nov-2020 21.70 12.34 LU1023057109
D2 Hedged SGD Non-Distributing 24.78 0.15 0.61 23-Nov-2020 25.26 14.30 LU0827875856
D2 HKD Non-Distributing 222.84 1.31 0.59 23-Nov-2020 227.17 128.02 LU0827875773
A2 Hedged EUR Non-Distributing 21.78 0.13 0.60 23-Nov-2020 22.22 12.70 LU0359201455
D2 Hedged EUR Non-Distributing 23.16 0.14 0.61 23-Nov-2020 23.61 13.43 LU0359204129
A2 Hedged RMB Non-Distributing 176.46 1.04 0.59 23-Nov-2020 179.83 100.71 LU1244155948
D2 Hedged GBP Non-Distributing 16.16 0.09 0.56 23-Nov-2020 16.47 9.34 LU0827876078
A4 HEDGED GBP Annually 22.03 0.13 0.59 23-Nov-2020 22.46 12.80 LU0359201026
A2 HKD Non-Distributing 26.87 0.15 0.56 23-Nov-2020 27.40 15.52 LU0359201885
D4 Hedged GBP Annually 22.24 0.14 0.63 23-Nov-2020 22.66 12.88 LU0827875930
D2 USD Non-Distributing 28.80 0.17 0.59 23-Nov-2020 29.35 16.53 LU0359204475
C2 USD Non-Distributing 22.62 0.13 0.58 23-Nov-2020 23.07 13.16 LU0359203402
A2 EUR Non-Distributing 22.32 0.14 0.63 23-Nov-2020 22.76 14.15 LU1216661543

Portfolio Managers

Portfolio Managers

Lucy Liu
Lucy Liu

Documents

Documents