Equity

BGF European Value Fund

Overview

Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Loading

Performance

Performance

Chart

Performance chart data not available for display.
View full chart

Reinvestments

This product does not have any distributions data as of now.
  From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
Total Return (%)

as of 30-Jun-2021

18.58 -1.68 -5.52 -4.43 32.77
Benchmark (%)

as of 30-Jun-2021

22.73 1.59 -0.07 -15.44 27.08
  1y 3y 5y 10y Incept.
31.39 8.31 6.64 10.58 5.04
Benchmark (%)

as of 31-Aug-2021

30.36 3.58 5.43 7.00 1.67
  YTD 1m 3m 1y 3y 5y 10y Incept.
16.69 1.82 3.90 31.39 27.07 37.93 173.50 97.12
Benchmark (%)

as of 31-Aug-2021

17.07 1.79 2.27 30.36 11.13 30.24 96.79 25.74

Key Facts

Key Facts

Size of Fund (Millions) as of 24-Sep-2021 EUR 942.66
12m Trailing Yield -
Number of Holdings as of 31-Aug-2021 43
Base Currency Euro
Fund Launch Date 08-Jan-1997
Share Class launch date 12-Nov-2007
Asset Class Equity
Morningstar Category Europe Large-Cap Value Equity
Benchmark Index MSCI Europe Value in EUR Net Return
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 1.07%
ISIN LU0329592454
Bloomberg Ticker MEURVDD
Annual Management Fee 0.75%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B4490S8
Bloomberg Benchmark Ticker MSEUVALEUN
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100,000.00
Minimum Subsequent Investment EUR 1,000.00
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of 31-Aug-2021 20.95
3y Beta as of 31-Aug-2021 0.955
5y Volatility - Benchmark as of 31-Aug-2021 17.33
5y Beta as of 31-Aug-2021 0.934

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07-Sep-2021 AAA
MSCI ESG Quality Score (0-10) as of 07-Sep-2021 8.76
MSCI ESG Quality Score - Peer Percentile as of 07-Sep-2021 83.64
MSCI ESG % Coverage as of 07-Sep-2021 96.61
Fund Lipper Global Classification as of 07-Sep-2021 Equity Europe
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Sep-2021 368.73
Funds in Peer Group as of 07-Sep-2021 1
All data is from MSCI ESG Fund Ratings as of 07-Sep-2021, based on holdings as of 31-Mar-2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered 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. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

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 31-Aug-2021 0.00%
MSCI - UN Global Compact Violators as of 31-Aug-2021 0.00%
MSCI - Nuclear Weapons as of 31-Aug-2021 1.87%
MSCI - Thermal Coal as of 31-Aug-2021 0.00%
MSCI - Civilian Firearms as of 31-Aug-2021 0.00%
MSCI - Oil Sands as of 31-Aug-2021 0.00%
MSCI - Tobacco as of 31-Aug-2021 0.00%

Business Involvement Coverage as of 31-Aug-2021 99.85%
Percentage of Fund not covered as of 31-Aug-2021 0.15%
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 0.00% and for Oil Sands 3.26%.

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 material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of 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, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for BGF European Value Fund, Class D2, as of 31-Aug-2021 rated against 315 Europe Large-Cap Value Equity Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 28-Jun-2021)

Holdings

Holdings

as of 31-Aug-2021
Name Weight (%)
SIEMENS AG 4.26
COMPAGNIE DE SAINT GOBAIN SA 4.04
SANOFI SA 3.90
BNP PARIBAS SA 3.72
ENEL SPA 3.32
Name Weight (%)
SCHNEIDER ELECTRIC SE 3.27
ZURICH INSURANCE GROUP AG 3.26
TOTALENERGIES SE 3.25
VINCI SA 3.11
ASTRAZENECA PLC 3.09
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class D2 EUR None 88.77 -0.43 -0.48 91.23 62.54 - LU0329592454 - -
Class D2 Hedged USD None 16.47 -0.08 -0.48 16.91 11.51 - LU1153585531 - -
Class D4 GBP Annual 54.37 -0.21 -0.38 56.58 41.18 - LU0827879502 - -
Class D2 GBP None 75.94 -0.29 -0.38 77.89 56.46 - LU0827879338 - -
Class A2 Hedged USD None 15.32 -0.07 -0.45 15.75 10.78 - LU1023061473 - -
Class A2 USD None 93.72 -0.66 -0.70 97.06 66.29 - LU0171281750 - -
Class D2 USD None 103.97 -0.74 -0.71 107.63 73.05 - LU0827879411 - -
Class A2 GBP None 68.44 -0.27 -0.39 70.24 51.23 - LU0171282212 - -
Class A4 GBP Annual 54.32 -0.21 -0.39 56.20 41.14 - LU0204062672 - -
Class A2 EUR None 80.01 -0.39 -0.49 82.30 56.74 - LU0072462186 - -
Class I2 EUR None 18.87 -0.09 -0.47 19.38 13.26 - LU0949170939 - -
Class A4 EUR Annual 59.44 -0.29 -0.49 61.88 42.66 - LU0162690340 - -

Portfolio Managers

Portfolio Managers

Brian Hall
Managing Director

  

Peter Hopkins
Peter Hopkins

Literature

Literature