Equity

BlackRock US Flexible Equity 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 the US. This may result in greater volatility than more broad-based investments
•The Fund is subject to currency 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.
8.10 7.68 - - 12.38
  YTD 6m 1y 3y 5y 10y Incept.
1.69 13.70 8.10 24.85 - - 75.43
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 1,195.301 M
Base Currency USD
Fund Inception 31-Oct-2002
Share Class Currency RMB
Share Class Inception Date 06-Jan-2016
Additional Currencies EUR, GBP, JPY, USD
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index Russell 1000 Index
Distribution Frequency Non-Distributing
ISIN LU1333800271
Bloomberg Ticker BGUFA2C
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 18.45
Average Market Cap (Millions) as of 30-Oct-2020 USD 481,829.4 M
Modified Duration as of 30-Oct-2020 0.00 yrs
12M Trailing Distribution as of - -
3y Volatility as of 31-Oct-2020 18.55
3y Volatility - Benchmark as of 31-Oct-2020 18.29
3y Beta as of 31-Oct-2020 0.980
5yr Volatility as of - -
5y Volatility - Benchmark as of - -
5y Beta as of - -
Since Class Inception – Volatility as of 31-Oct-2020 15.59
Since Class Inception Volatility – Benchmark as of 31-Oct-2020 15.03
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 (%)
APPLE INC 6.61
MICROSOFT CORPORATION 6.06
ALPHABET INC 5.23
AMAZON.COM INC 4.26
FACEBOOK INC 3.26
Name Weight (%)
VISA INC 2.64
UNITEDHEALTH GROUP INC 2.62
BERKSHIRE HATHAWAY INC 2.50
COMCAST CORPORATION 2.33
CORTEVA INC 2.27
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 Hedged RMB Non-Distributing 196.94 0.87 0.44 23-Nov-2020 198.19 118.89 LU1333800271
D2 USD Non-Distributing 50.06 0.23 0.46 23-Nov-2020 50.39 30.43 LU0252969232
D4 EUR Annually 39.37 0.20 0.51 23-Nov-2020 39.69 26.36 LU0827887513
C2 USD Non-Distributing 35.52 0.15 0.42 23-Nov-2020 35.77 21.88 LU0213374126
A2 Hedged JPY Non-Distributing 1,253.00 6.00 0.48 23-Nov-2020 1,261.00 769.00 LU1948809287
D2 EUR Non-Distributing 42.20 0.21 0.50 23-Nov-2020 42.54 28.17 LU0252963979
A4 GBP Annually 33.53 -0.03 -0.09 23-Nov-2020 34.13 23.55 LU0204065857
A2 Hedged EUR Non-Distributing 28.07 0.13 0.47 23-Nov-2020 28.26 17.36 LU0200684693
A4 EUR Annually 37.78 0.19 0.51 23-Nov-2020 38.09 25.35 LU0408221942
D4 GBP Annually 34.95 -0.02 -0.06 23-Nov-2020 35.57 24.48 LU0827887430
C2 HEDGED EUR Non-Distributing 21.07 0.10 0.48 23-Nov-2020 21.21 13.14 LU0200684933
A2 USD Non-Distributing 44.80 0.20 0.45 23-Nov-2020 45.10 27.37 LU0154236417
A4 HEDGED EUR Annually 28.15 0.12 0.43 23-Nov-2020 28.34 17.42 LU0408222163
A2 EUR Non-Distributing 37.76 0.18 0.48 23-Nov-2020 38.08 25.34 LU0171296865
D2 Hedged EUR Non-Distributing 31.34 0.14 0.45 23-Nov-2020 31.55 19.29 LU0252964357
C2 EUR Non-Distributing 29.94 0.14 0.47 23-Nov-2020 30.21 20.26 LU0331288190

Portfolio Managers

Portfolio Managers

Todd Burnside
Todd Burnside
Joseph Wolfe
Joseph Wolfe

Documents

Documents