Multi Asset

BlackRock Premier Global Megatrend Allocation Fund

IMPORTANT:

• The Fund's investments are concentrated in equities and fixed income securities which provide exposure to long-term investment themes relevant to global Megatrends. This may result in greater volatility than a more diverse portfolio of investments. The valuation of securities of companies relevant to global Megatrends may be subject to significant instability and fluctuations. The valuation of securities of such companies may be higher than those providing more traditional products or services, and the Fund may suffer a loss when there is a revaluation. The Fund’s investments in companies associated with technological innovation and benefiting from Megatrends may be affected by regulatory and technological developments. The Fund’s value may be adversely affected due to technological change and obsolescence, as well as loss or impairment of patent and intellectual property rights and/or licences on those companies. The evaluation methodology adopted by different investment managers may vary due to a lack of standardized taxonomy on themes or sectors relating to climate change and resource scarcity. Any future slowdowns or declines in the economy may impact the Fund’s investments in companies benefitting from emerging global wealth.
• The Fund is subject to risks relating to active thematic asset allocation strategy. The Fund is subject to risks of investing in other collective investment schemes (“CIS”) and underlying investments in equities, fixed income securities, cash and cash equivalents. The Fund invests in other CISs which may include those not regulated by the Securities and Futures Commission.
• The Fund is subject to risks relating to target risk strategy, currency risk, currency conversion risk including Renminbi denominated Classes, liquidity risk, valuation risk and volatility risk.
Class 9 Units pay dividends gross of expenses and/or from capital at the Managers’ discretion and may include interest rate differentials arising from unit 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 units 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 unit class on the ex-dividend date.
• The Fund may use derivatives for investment and hedging purposes. However, usage of derivatives 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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Performance

Performance

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Distributions

Record Date Ex-Date Payable Date
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  2019 2020 2021 2022 2023
Total Return (%) -18.26 7.59

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
2.41 - - - -5.27
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-0.64 1.03 -0.92 -0.64 2.41 - - - -13.19
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.

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 on the right for the inception date of the Fund and the Share Class.

Key Facts

Key Facts

Net Assets of Fund
as of 11-Jul-2024
USD 4,659,582
Fund Inception
19-Nov-2021
Fund Base Currency
USD
Initial Charge
3.00%
Management Fee (incl Distribution Fee, if any)
1.25%
Distribution Frequency
Monthly
Morningstar Category
-
SEDOL
BLR4L31
Share Class Inception Date
19-Nov-2021
Share Class Currency
HKD
Asset Class
Multi Asset
ISIN
HK0000788338
Performance Fee
-
Domicile
Hong Kong
Bloomberg Ticker
BGMAA9H HK
SFC-authorised ESG fund
No
For Fee details, please refer to the Fund Prospectus.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of -
-
Standard Deviation (3y)
as of -
-
P/B Ratio
as of 28-Jun-2024
2.44
Modified Duration
as of 28-Jun-2024
2.57 yrs
Weighted Avg Maturity
as of 28-Jun-2024
3.67
12M Trailing Distribution
as of -
-
P/E Ratio
as of 28-Jun-2024
20.41
Yield to Maturity
as of 28-Jun-2024
1.86
Effective Duration
as of 28-Jun-2024
2.52

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of -
-
MSCI - Nuclear Weapons
as of -
-
MSCI - Civilian Firearms
as of -
-
MSCI - Tobacco
as of -
-
MSCI - UN Global Compact Violators
as of -
-
MSCI - Thermal Coal
as of -
-
MSCI - Oil Sands
as of -
-

Business Involvement Coverage
as of -
-
Percentage of Fund not covered
as of -
-
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal -% and for Oil Sands -%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in the research, monitoring and reporting phases of the investment process. This may include both BlackRock and third-party research and feeds into the initial investment decision. When making buy, hold and sell decisions, the team may take into consideration potential competitive advantages of allocating to vehicles that provide access to companies with stronger ESG characteristics, within a given industry. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock's Risk and Quantitative Analysis group as well as portfolio reviews with Chief Investment Officers. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Holdings

Holdings

as of 12-May-2022
Name Weight (%)
ISHARES AGRIBUSINESS UCITS ETF 11.34
ISH GLBL WTER ETF $ DIST 10.62
ISHARES $ CORP BOND ESG 0-3Y USD_D 10.06
ISH AUTO & RBOT ETF USD ACC 7.23
ISHARES DIGITAL SECURITY UCI USD_A 6.92
Name Weight (%)
ISHARES $ CORP BOND ESG UCIT USDHD 6.58
ISHS AGEING POPULATION USD ACC 6.51
ISHARES $ HIGH YIELD CORP BO USDHD 5.62
ISHARES $ TIPS UCITS ETF 5.06
ISHARES USD ULTRASHORT BOND USDHD 4.51
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

Sorry, sectors are not available at this time.
Sorry, markets/regions are not available at this time.
Allocations are subject to change. Source: BlackRock
as of 28-Jun-2024

% of Weight

Type Fund
Allocations subject to change. Due to rounding, the total may not be equal to 100%.
Sorry, maturities are not available at this time.
as of 12-May-2022

% 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 & Exchange

Pricing & Exchange

Share Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
A9 Hedged HKD Monthly 80.76 1.11 1.40 11-Jul-2024 80.96 70.46 HK0000788338
A2 Hedged CNH - 87.10 1.20 1.40 11-Jul-2024 87.49 76.23 HK0000649928
A9 USD Monthly 8.28 0.11 1.40 11-Jul-2024 8.29 7.20 HK0000649936
A2 USD - 9.11 0.13 1.40 11-Jul-2024 9.11 7.80 HK0000649910
A9 Hedged CNH Monthly 79.79 1.10 1.40 11-Jul-2024 80.56 70.35 HK0000649944
A9 Hedged AUD Monthly 7.86 0.11 1.39 11-Jul-2024 7.89 6.88 HK0000788346

Portfolio Managers

Portfolio Managers

Christopher Downing
Christopher Downing

Documents

Documents