Equity

BlackRock Emerging Europe 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.
•  The Fund is subject to currency risk, foreign investments restrictions risk, geographical concentration risk in emerging European/ Mediterranean countries, smaller companies’ volatility and liquidity risks and securities lending counterparty risk.
•  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.
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Distributions

Ex-Date Distribution
View full table
  1y 3y 5y 10y Incept.
-31.05 -7.89 0.03 -1.88 6.18
Benchmark (%)

as of 31-Oct-2020

-33.94 -7.46 -0.57 -2.55 5.39
  YTD 6m 1y 3y 5y 10y Incept.
-34.37 -6.65 -31.05 -21.86 0.15 -17.26 102.62
Benchmark (%)

as of 31-Oct-2020

-37.20 -13.37 -33.94 -20.74 -2.83 -22.75 85.54
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 EUR 549.654 M
Base Currency EUR
Fund Inception 29-Dec-1995
Share Class Currency EUR
Share Class Inception Date 19-Jan-2009
Additional Currencies GBP, SGD, USD
Asset Class Equity
Morningstar Category Emerging Europe Equity
Benchmark Index MSCI Emerging Markets Europe 10/40 Index (EUR)
Distribution Frequency Annually
ISIN LU0408221355
Bloomberg Ticker BGEEEA4
Management Fee (incl Distribution Fee, if any) 1.75%
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 6.80
Average Market Cap (Millions) as of 30-Oct-2020 EUR 16,188.9 M
Modified Duration as of 30-Oct-2020 0.00 yrs
12M Trailing Distribution as of 31-Oct-2020 1.73%
3y Volatility as of 31-Oct-2020 23.03
3y Volatility - Benchmark as of 31-Oct-2020 22.06
3y Beta as of 31-Oct-2020 1.013
5yr Volatility as of 31-Oct-2020 19.80
5y Volatility - Benchmark as of 31-Oct-2020 19.38
5y Beta as of 31-Oct-2020 0.974
Since Class Inception – Volatility as of 31-Oct-2020 21.86
Since Class Inception Volatility – Benchmark as of 31-Oct-2020 21.61
Since Class Inception - Beta as of 31-Oct-2020 0.98

Ratings

Ratings

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Effective 01-Feb-2019
Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Oct-2020
Name Weight (%)
PJSC LUKOIL SPONSORED ADR REPRESEN 7.44
PJSC GAZPROM ADR CDI 5.86
SBERBANK RUSSIA SPONSORED ADR REPR 5.15
MMC NORILSK NICKEL PJSC SPONSORED 5.06
OTP BANK 4.98
Name Weight (%)
MAGNIT 4.37
SBERBANK ROSSII 3.94
YANDEX NV CLASS A 3.36
WIZZ AIR HOLDINGS PLC 3.03
TATNEFT 3.01
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
A4 EUR Annually 86.61 -0.04 -0.05 23-Nov-2020 116.22 61.48 LU0408221355
C2 EUR Non-Distributing 72.85 -0.04 -0.05 23-Nov-2020 97.30 51.37 LU0147383045
D2 USD Non-Distributing 128.28 -0.10 -0.08 23-Nov-2020 157.36 81.75 LU0827876581
C2 USD Non-Distributing 86.43 -0.09 -0.10 23-Nov-2020 107.83 55.84 LU0338174369
D2 Hedged GBP Non-Distributing 81.82 -0.03 -0.04 23-Nov-2020 109.39 57.09 LU0827876748
A2 EUR Non-Distributing 96.10 -0.04 -0.04 23-Nov-2020 127.00 67.18 LU0011850392
A2 Hedged SGD Non-Distributing 9.19 -0.01 -0.11 23-Nov-2020 12.26 6.43 LU0572106309
A4 GBP Annually 77.20 -0.47 -0.61 23-Nov-2020 99.40 56.87 LU0204061609
D2 EUR Non-Distributing 108.12 -0.04 -0.04 23-Nov-2020 141.99 75.20 LU0252967533
D4 GBP Annually 77.02 -0.47 -0.61 23-Nov-2020 99.41 56.95 LU0827876664
A2 USD Non-Distributing 114.01 -0.10 -0.09 23-Nov-2020 140.75 73.04 LU0171273575

Portfolio Managers

Portfolio Managers

Sam Vecht
Sam Vecht
Christopher Colunga
Christopher Colunga

Documents

Documents