Equity

BlackRock Asia Pacific Equity Income Fund

IMPORTANT:
•  The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund's income-generating investment strategy may reduce the potential for capital growth and future income of the Fund. 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 Asia Pacific region excluding Japan, smaller companies’ volatility and liquidity risks and currency conversion risk including Renminbi denominated Classes.
• Class 4(G) and Class 5(G) Shares pay dividends gross of expenses. Class 6 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Class 8 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion and include interest rate differentials arising from share class currency hedging. Negative interest rate differentials may decrease the dividends paid. 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

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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.
-3.83 -1.37 7.74 - 6.00
Benchmark (%)

as of 30-Sep-2020

8.27 5.69 13.69 - 8.54
  YTD 6m 1y 3y 5y 10y Incept.
-4.86 17.16 -3.83 -4.06 45.19 - 58.40
Benchmark (%)

as of 30-Sep-2020

5.31 24.32 8.27 18.06 89.92 - 90.96
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 26-Oct-2020 USD 228.863 M
Base Currency USD
Fund Inception 18-Sep-2009
Share Class Currency GBP
Share Class Inception Date 07-Nov-2012
Additional Currencies AUD, EUR, HKD, RMB, SGD, USD, ZAR
Asset Class Equity
Morningstar Category Asia-Pacific ex-Japan Equity Income
Benchmark Index MSCI AC Asia Pacific ex Japan Index (GBP)
Distribution Frequency Non-Distributing
ISIN LU0852073260
Bloomberg Ticker BGA2RFS
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-Sep-2020 14.55
Average Market Cap (Millions) as of 30-Sep-2020 USD 119,465.3 M
12M Trailing Distribution as of - -
3y Volatility as of 30-Sep-2020 14.64
3y Volatility - Benchmark as of 30-Sep-2020 13.98
3y Beta as of 30-Sep-2020 1.019
5yr Volatility as of 30-Sep-2020 14.97
5y Volatility - Benchmark as of 30-Sep-2020 13.90
5y Beta as of 30-Sep-2020 1.050
Since Class Inception – Volatility as of 30-Sep-2020 14.66
Since Class Inception Volatility – Benchmark as of 30-Sep-2020 13.68
Since Class Inception - Beta as of 30-Sep-2020 1.03

Ratings

Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 7.71
SAMSUNG ELECTRONICS CO LTD 7.53
TENCENT HOLDINGS LTD 6.74
BLACKROCK PREMIER FUNDS - BLACKROCK CHINA A-SHARES FUND 2.61
CHINA RESOURCES LAND LTD 2.29
Name Weight (%)
HON HAI PRECISION INDUSTRY CO LTD 2.10
ANHUI CONCH CEMENT CO LTD 2.04
UNITED OVERSEAS BANK LTD 2.04
JIANGSU EXPRESSWAY CO LTD 1.92
PETRONET LNG LTD 1.85
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-Sep-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-Sep-2020

% of Weight

Type Fund Benchmark Net
as of 30-Sep-2020

% of Weight

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Sep-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 GBP Non-Distributing 16.61 0.02 0.12 26-Oct-2020 17.49 12.69 LU0852073260
D4 GBP Annually 12.66 0.02 0.16 26-Oct-2020 13.67 9.93 LU1379100800
A2 USD Non-Distributing 17.78 -0.07 -0.39 26-Oct-2020 18.76 12.13 LU0414403419
C5 HEDGED SGD Quarterly 10.00 -0.04 -0.40 26-Oct-2020 11.12 7.06 LU0414403922
D2 USD Non-Distributing 19.10 -0.08 -0.42 26-Oct-2020 20.04 12.98 LU0628613555
D5 USD Quarterly 13.50 -0.05 -0.37 26-Oct-2020 14.56 9.37 LU0827875005
A8 Hedged ZAR Monthly 90.27 -0.35 -0.39 26-Oct-2020 99.98 63.19 LU1109561776
A6 USD Monthly 13.17 -0.05 -0.38 26-Oct-2020 14.28 9.18 LU0738912210
A5 HKD Quarterly 97.45 -0.39 -0.40 26-Oct-2020 106.03 67.99 LU0448666767
A8 Hedged RMB Monthly 105.65 -0.42 -0.40 26-Oct-2020 113.60 72.86 LU1257007481
A5 HEDGED SGD Quarterly 11.42 -0.04 -0.35 26-Oct-2020 12.57 8.00 LU0414403682
A8 Hedged AUD Monthly 12.34 -0.05 -0.40 26-Oct-2020 13.64 8.61 LU0916957664
A4 HEDGED EUR Annually 8.72 -0.04 -0.46 26-Oct-2020 9.70 6.21 LU1031077412
D5 Hedged SGD Quarterly 12.24 -0.05 -0.41 26-Oct-2020 13.40 8.53 LU0827874966
A6 Hedged HKD Monthly 99.90 -0.40 -0.40 26-Oct-2020 108.53 69.62 LU0765512784
C5 USD Quarterly 11.01 -0.04 -0.36 26-Oct-2020 12.07 7.73 LU0414403849
A5 USD Quarterly 12.57 -0.05 -0.40 26-Oct-2020 13.65 8.77 LU0414403500

Portfolio Managers

Portfolio Managers

Sidharth Mahapatra
Sidharth Mahapatra
Stephen Andrews
Stephen Andrews

Documents

Documents