Equity

BlackRock Swiss Small & MidCap Opportunities Fund

IMPORTANT:
•The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund's investments are concentrated in Switzerland. This may result in greater volatility than more broad-based investments. The Fund invests in smaller companies which can be more volatile and less liquid than those of larger companies.
•The Fund is subject to currency risk, liquidity risk and contingent convertible bonds 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.
14.04 8.11 15.54 - 14.28
Benchmark (%)

as of 30-Sep-2020

6.83 4.05 10.88 - 9.34
  YTD 6m 1y 3y 5y 10y Incept.
5.57 25.58 14.04 26.35 105.94 - 97.91
Benchmark (%)

as of 30-Sep-2020

-0.72 21.84 6.83 12.65 67.63 - 57.90
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 CHF 897.816 M
Base Currency CHF
Fund Inception 01-Aug-2008
Share Class Currency CHF
Share Class Inception Date 19-Aug-2015
Additional Currencies
Asset Class Equity
Morningstar Category Switzerland Small/Mid-Cap Equity
Benchmark Index SPI Extra Index
Distribution Frequency Monthly
ISIN LU1276852404
Bloomberg Ticker BGSWD3C
Management Fee (incl Distribution Fee, if any) 0.75%
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 25.32
Average Market Cap (Millions) as of 30-Sep-2020 CHF 25,304.1 M
Modified Duration as of 30-Sep-2020 0.00 yrs
12M Trailing Distribution as of 30-Sep-2020 0.32%
3y Volatility as of 30-Sep-2020 15.54
3y Volatility - Benchmark as of 30-Sep-2020 15.30
3y Beta as of 30-Sep-2020 0.973
5yr Volatility as of 30-Sep-2020 13.66
5y Volatility - Benchmark as of 30-Sep-2020 13.25
5y Beta as of 30-Sep-2020 0.987
Since Class Inception – Volatility as of 30-Sep-2020 13.59
Since Class Inception Volatility – Benchmark as of 30-Sep-2020 13.26
Since Class Inception - Beta as of 30-Sep-2020 0.98

Ratings

Ratings

Morningstar Rating

5
As of 30-Sep-2020
Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
LOGITECH INTERNATIONAL S.A. 9.93
CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG 7.30
STRAUMANN HOLDING AG 6.47
BELIMO HOLDING AG 5.05
SCHINDLER HOLDING AG 4.86
Name Weight (%)
PARTNERS GROUP HOLDING AG 4.69
BALOISE HOLDING AG 4.67
SIKA AG 4.55
TECAN GROUP AG 4.51
LONZA GROUP AG 4.30
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
D3 CHF Monthly 19.39 -0.25 -1.27 26-Oct-2020 20.07 13.64 LU1276852404
D2 CHF Non-Distributing 613.21 -7.83 -1.26 26-Oct-2020 634.80 429.90 LU0376447149
A2 CHF Non-Distributing 559.54 -7.18 -1.27 26-Oct-2020 579.42 394.07 LU0376446257

Portfolio Managers

Portfolio Managers

David Tovey
David Tovey
Christopher Sykes
Christopher Sykes

Documents

Documents