Equity

BlackRock European Value Fund

IMPORTANT:
• The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund may invest in assets denominated in various currencies. Changes in exchange rates and currency controls may affect the value of the Fund's assets. The Fund's investments are concentrated in Europe. This may result in greater volatility than more broad-based investments.
• The Fund is subject to emerging market risk, foreign investments restrictions risk, smaller companies’ volatility and liquidity risks, contingent convertible bonds 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.
-3.70 -2.33 - - 2.31
  YTD 6m 1y 3y 5y 10y Incept.
-10.49 18.25 -3.70 -6.82 - - 11.40
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-Oct-2020 EUR 502.405 M
Base Currency EUR
Fund Inception 08-Jan-1997
Share Class Currency RMB
Share Class Inception Date 06-Jan-2016
Additional Currencies AUD, EUR, GBP, HKD, USD
Asset Class Equity
Morningstar Category Other Equity
Benchmark Index MSCI Europe Value Index (EUR)
Distribution Frequency Non-Distributing
ISIN LU1333800198
Bloomberg Ticker BGEVA2C
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 11.27
Average Market Cap (Millions) as of 30-Sep-2020 EUR 41,013.1 M
Modified Duration as of 30-Sep-2020 0.00 yrs
12M Trailing Distribution as of - -
3y Volatility as of 30-Sep-2020 17.11
3y Volatility - Benchmark as of 30-Sep-2020 17.39
3y Beta as of 30-Sep-2020 0.925
5yr Volatility as of - -
5y Volatility - Benchmark as of - -
5y Beta as of - -
Since Class Inception – Volatility as of 30-Sep-2020 15.21
Since Class Inception Volatility – Benchmark as of 30-Sep-2020 15.24
Since Class Inception - Beta as of 30-Sep-2020 0.93

Ratings

Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
ENEL SPA 4.57
SANOFI SA 4.50
ZURICH INSURANCE GROUP AG 4.04
BNP PARIBAS SA 3.36
SIEMENS AG 3.33
Name Weight (%)
IBERDROLA SA 3.08
VOLVO AB 3.08
MERCK KGAA 3.06
METSO OUTOTEC CORP 2.82
UNICREDIT SPA 2.77
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 Hedged RMB Non-Distributing 114.05 1.60 1.42 23-Oct-2020 133.14 81.98 LU1333800198
A2 EUR Non-Distributing 60.93 0.86 1.43 23-Oct-2020 71.85 44.31 LU0072462186
A2 Hedged AUD Non-Distributing 11.54 0.17 1.50 23-Oct-2020 13.93 8.39 LU1023061044
C2 EUR Non-Distributing 44.47 0.63 1.44 23-Oct-2020 52.88 32.58 LU0147394240
D4 GBP Annually 44.36 0.79 1.81 23-Oct-2020 48.94 33.18 LU0827879502
A2 Hedged HKD Non-Distributing 112.04 1.58 1.43 23-Oct-2020 131.07 80.70 LU1023061713
D2 USD Non-Distributing 79.47 1.22 1.56 23-Oct-2020 85.11 52.47 LU0827879411
D2 EUR Non-Distributing 67.13 0.94 1.42 23-Oct-2020 78.77 48.61 LU0329592454
A4 EUR Annually 45.80 0.64 1.42 23-Oct-2020 54.46 33.58 LU0162690340
A4 GBP Annually 44.33 0.79 1.81 23-Oct-2020 48.78 33.06 LU0204062672
A2 Hedged USD Non-Distributing 11.58 0.17 1.49 23-Oct-2020 13.53 8.34 LU1023061473
A2 USD Non-Distributing 72.12 1.10 1.55 23-Oct-2020 77.64 47.83 LU0171281750
D2 GBP Non-Distributing 60.82 1.09 1.82 23-Oct-2020 66.05 44.79 LU0827879338
C2 USD Non-Distributing 52.64 0.81 1.56 23-Oct-2020 57.15 35.17 LU0213373748
A2 GBP Non-Distributing 55.20 0.99 1.83 23-Oct-2020 60.25 40.83 LU0171282212
D2 Hedged USD Non-Distributing 12.36 0.18 1.48 23-Oct-2020 14.37 8.86 LU1153585531

Portfolio Managers

Portfolio Managers

Brian Hall
Brian Hall

Documents

Documents