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BlackRock helps investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals.

Source: BlackRock. Based on $5.98 trillion in AUM as of 12/31/18.

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BGF Next Generation Technology Fund

Equity

BGF Next Generation Technology Fund

  • NAV as of Feb 20, 2019 EUR 9.37
  • 1 Day NAV Change as of Feb 20, 2019 0.05 (0.54%)

Overview

Investment Approach

The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its total assets in the equity securities (e.g. shares) of companies globally whose predominant economic activity comprises the research, development, production and/or distribution of new and emerging technology. The Fund will focus on next generation technology themes including artificial intelligence, computing, automation, robotics, technological analytics, e-commerce, payment systems, communications technology and generative design. In normal market conditions the Fund will invest in equity securities of companies with large, medium and small market capitalisation (market capitalisation is the share price of the company multiplied by the number of shares issued). Although it is likely that most of the Fund’s investments will be in companies located in developed markets globally, the Fund may also invest in emerging markets.
Investments in the technology securities are subject to absence or loss of intellectual property protections, rapid changes in technology, government regulation and competition. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political 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.
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Performance

Performance

  • Returns

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31-Dec-2013
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31-Dec-2015
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31-Dec-2017		 From
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31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Dec 31, 2018

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The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
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Share Class and Benchmark performance displayed in EUR. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Past performance is not a guide to future performance.

Reinvestments

This fund does not have any distributions data as of now.
Record Date Ex-Date Payable Date Total Distribution Current year distributions are not classified as “Income,” “Short-Term Capital Gains,” “Long-Term Capital Gains,” or “Return of Capital” until calendar year-end.

Key Facts

Key Facts

Size of Fund (Millions) as of Feb 20, 2019 USD 26.525
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of Jan 31, 2019 92
Base Currency U.S. Dollar
Fund Inception Date Sep 4, 2018
Share Class Inception Date Sep 4, 2018
Asset Class Equity
Morningstar Category Other Equity
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 1.82%
ISIN LU1861216510
Bloomberg Ticker BGNHA2E
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BG094S4
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Ratings

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jan 31, 2019
Name Weight (%)
TWILIO INC CLASS A 3.63
ATLASSIAN CORP PLC CLASS A 3.46
WIRECARD AG 2.34
SQUARE INC CLASS A 2.28
OKTA INC CLASS A 2.16
Name Weight (%)
ZENDESK INC 2.12
TABLEAU SOFTWARE INC CLASS A 2.09
IAC INTERACTIVE 2.05
RINGCENTRAL INC CLASS A 1.99
MAGAZINE LUIZA SA 1.96
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2019

% of Market Value

Type Fund
as of Jan 31, 2019

% of Market Value

Type Fund
as of Jan 31, 2019

% of Market Value

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.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A2 Hgd EUR Accumulating 9.37 0.05 0.54 10.00 7.44 - LU1861216510 - -
E2 EUR - 11.40 0.04 0.35 11.40 8.96 - LU1917164938 - -
I2 Hgd EUR - 11.33 0.06 0.53 11.33 8.98 - LU1917165158 - -
D2 EUR - 8.43 0.03 0.36 8.43 6.62 - LU1917164854 - -
D2 Hgd GBP Accumulating 9.45 0.05 0.53 10.00 7.50 - LU1861216866 - -
A2 SEK Accumulating 88.80 0.30 0.34 91.33 67.99 - LU1861216940 - -
I2 USD - 9.57 0.05 0.53 10.00 7.55 - LU1861216270 - -
Class Z2 USD - 9.58 0.06 0.63 10.00 7.55 - LU1861216437 - -
A2 Hgd SGD Accumulating 9.46 0.05 0.53 10.00 7.49 - LU1861220033 - -
X2 USD - 9.60 0.05 0.52 10.00 7.57 - LU1861216353 - -
E2 Hgd EUR - 9.35 0.05 0.54 10.00 7.43 - LU1861216783 - -
I2 EUR - 8.44 0.03 0.36 8.44 6.62 - LU1917165075 - -
D2 Hgd EUR Accumulating 9.40 0.05 0.53 10.00 7.46 - LU1861216601 - -
D2 USD Accumulating 9.56 0.05 0.53 10.00 7.55 - LU1861216197 - -
A2 USD Accumulating 9.52 0.05 0.53 10.00 7.53 - LU1861215975 - -

Portfolio Managers

Portfolio Managers

Tony Kim
Tony Kim

Literature

Literature