Equity

BGF Next Generation Health Care 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.

Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets, failed/delayed delivery of securities or payments to the Fund and sustainability-related risks. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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Performance

Performance

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This chart shows the fund's performance as the percentage loss or gain per year over the last 0 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2017 2018 2019 2020 2021
Total Return (%)
  1y 3y 5y 10y Incept.
- - - - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-21.75 -3.51 -8.00 -18.17 - - - - -23.00
  From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
Total Return (%)

as of 31-Dec-2021

- - - - -

Key Facts

Key Facts

Net Assets of Fund as of 04-Jul-2022 USD 16,231,592
Share Class launch date 07-Jun-2021
Fund Launch Date 07-Jun-2021
Share Class Currency USD
Fund Base Currency USD
Asset Class Equity
SFDR Classification Article 8
Initial Charge 0.00%
Ongoing Charges Figures 0.74%
Annual Management Fee 0.68%
Performance Fee 0.00%
Minimum Initial Investment USD 10,000,000.00
Minimum Subsequent Investment USD 1,000.00
Use of Income Accumulating
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGGHCIU
ISIN LU2310090605
SEDOL BMDXLV7

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of - -
Standard Deviation (3y) as of - -
P/E Ratio as of - -
P/B Ratio as of - -

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% 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. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch. 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 31-May-2022 0.00%
MSCI - UN Global Compact Violators as of 31-May-2022 0.00%
MSCI - Nuclear Weapons as of 31-May-2022 0.00%
MSCI - Thermal Coal as of 31-May-2022 0.00%
MSCI - Civilian Firearms as of 31-May-2022 0.00%
MSCI - Oil Sands as of 31-May-2022 0.00%
MSCI - Tobacco as of 31-May-2022 0.00%

Business Involvement Coverage as of 31-May-2022 98.87%
Percentage of Fund not covered as of 31-May-2022 1.13%
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 0.00%.

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. The Fund manager conducts regular portfolio reviews between 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

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Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

Sorry, top holdings are not available at this time.
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, geographic exposures are not available at this time.
Sorry, geographic exposures are not available at this time.
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 country where the issuer of the securities carries out much of their business.
Sorry, market cap data is not available at this time.
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.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
Class I2 USD - 7.67 0.08 1.05 04-Jul-2022 10.52 7.04 LU2310090605 -
Class A2 EUR - 7.26 0.05 0.69 04-Jul-2022 8.86 6.66 LU2310090944 -
Class D2 USD - 7.65 0.08 1.06 04-Jul-2022 10.52 7.02 LU2310090514 -
Class A2 USD - 7.58 0.08 1.07 04-Jul-2022 10.49 6.96 LU2310090431 -
Class D2 EUR - 7.33 0.05 0.69 04-Jul-2022 8.89 6.71 LU2372745807 -
Class I2 EUR - 7.35 0.05 0.68 04-Jul-2022 8.90 6.73 LU2372744743 -

Portfolio Managers

Portfolio Managers

Erin Xie
Erin Xie
Jeff Lee
Jeff Lee
Xiang Liu
Xiang Liu

Literature

Literature