Equity

BlackRock Next Generation Technology 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 companies associated with new and emerging technology. This may result in greater volatility than a more diverse portfolio of investments. The Fund’s investments in new and emerging technology sector may be affected by technological and regulatory developments. This may involve increased risks such as cyber security risks, dependent risks on technologies that may rapidly fall into obsolescence, loss or impairment of intellectual property rights and/or licenses, and unpredictable changes in growth rates and competition. The Fund invests in smaller companies which can be more volatile and less liquid than those of larger companies. 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 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.
View Charts & Calendar Year Performance
  1y 3y 5y 10y Incept.
65.59 - - - 34.31
  YTD 6m 1y 3y 5y 10y Incept.
54.81 60.10 65.59 - - - 84.29
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 27-Oct-2020 USD 1,341.958 M
Base Currency USD
Fund Inception 04-Sep-2018
Share Class Currency SEK
Share Class Inception Date 04-Sep-2018
Additional Currencies EUR, GBP, SGD, USD
Asset Class Equity
Morningstar Category Sector Equity Technology
Distribution Frequency Non-Distributing
ISIN LU1861216940
Bloomberg Ticker BGFNA2S
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 68.06
Average Market Cap (Millions) as of 30-Sep-2020 USD 25,014.4 M
Modified Duration as of 30-Sep-2020 0.01 yrs
12M Trailing Distribution as of - -
3y Volatility as of - -
5yr Volatility as of - -
Since Class Inception – Volatility as of 30-Sep-2020 25.69
Since Class Inception - Beta as of - -

Ratings

Morningstar, Inc. All Rights Reserved.

Holdings

Holdings

as of 30-Sep-2020
Name Weight (%)
TESLA INC 1.71
MING YUAN CLOUD CORNERSTONE 1.67
BASE INC 1.49
SQUARE INC CLASS A 1.48
KAKAO CORP 1.37
Name Weight (%)
ENPHASE ENERGY INC 1.34
CORSAIR GAMING INC 1.34
SAMSUNG SDI LTD 1.29
FREEE KK 1.23
LIVONGO HEALTH INC 1.22
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
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
Sorry, asset classes are not available at this time.
Allocations subject to change.
as of 30-Sep-2020

% of Weight

Type Fund
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 SEK Non-Distributing 173.11 0.30 0.17 27-Oct-2020 180.24 89.59 LU1861216940
D2 Hedged EUR Non-Distributing 19.10 0.09 0.47 27-Oct-2020 19.69 8.52 LU1861216601
A2 Hedged SGD Non-Distributing 19.37 0.09 0.47 27-Oct-2020 19.98 8.66 LU1861220033
A2 USD Non-Distributing 19.85 0.09 0.46 27-Oct-2020 20.47 8.83 LU1861215975
D2 EUR Non-Distributing 17.10 0.06 0.35 27-Oct-2020 17.72 8.29 LU1917164854
D2 Hedged GBP Non-Distributing 19.34 0.09 0.47 27-Oct-2020 19.93 8.60 LU1861216866
A2 Hedged EUR Non-Distributing 18.76 0.09 0.48 27-Oct-2020 19.35 8.41 LU1861216510
D2 USD Non-Distributing 20.22 0.10 0.50 27-Oct-2020 20.84 8.95 LU1861216197

Portfolio Managers

Portfolio Managers

Tony Kim
Tony Kim
Reid Menge
Reid Menge

Documents

Documents