Equity

BGF World Technology Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

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Performance

Performance

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 05-Jun-20 USD 4,298.424
Base Currency USD
Fund Launch Date 03-Mar-95
Inception Date 01-Jul-02
Asset Class Equity
Morningstar Category Sector Equity Technology
Benchmark Index MSCI All Country World Information Technology- Net Return in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0147408487
Bloomberg Ticker MWOTEEE
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL 7362792
Bloomberg Benchmark Ticker MSACWINTEC
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material 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 Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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 Sustainability Characteristics, using links below.

MSCI ESG Quality Score - Peer Percentile The fund’s ESG Percentile compared to its Lipper peer group. as of 01-May-20 48.50
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 01-May-20 Equity Sector Information Tech
All data is from MSCI ESG Fund Ratings as of 01-May-20, based on holdings as of 31-Oct-19. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, 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.


Transparency on Business Involvement metrics is not indicative of a fund’s investment objective, and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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.


Business Involvement metrics are calculated using MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this research 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.

Risk Indicator

Risk Indicator

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Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF World Technology Fund, Class E2, as of 31-May-20 rated against 389 Sector Equity Technology Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 13-Sep-19)

Holdings

Holdings

as of 29-May-20
Name Weight (%)
MICROSOFT CORP 3.93
APPLE INC 3.88
AMAZON COM INC 2.88
TENCENT HOLDINGS LTD 2.29
ALPHABET INC CLASS A 2.24
Name Weight (%)
ALIBABA GROUP HOLDING ADR REPRESEN 2.22
PAYPAL HOLDINGS INC 1.86
TWILIO INC CLASS A 1.68
SALESFORCE.COM INC 1.61
TESLA INC 1.56
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 E2 USD None 47.01 -0.10 -0.21 47.11 30.91 - LU0147408487 - -
Class I2 GBP - 16.14 -0.17 -1.04 16.31 14.99 - LU2168066038 - -
Class X2 USD - 18.97 -0.04 -0.21 19.01 12.41 - LU1733225426 - -
Class D2 Hedged EUR - 10.68 -0.02 -0.19 10.70 10.27 - LU2168656184 - -
Class I2 USD - 20.50 0.05 0.24 20.50 10.00 - LU2134542260 - -
Class E2 EUR None 41.61 -0.17 -0.41 41.90 28.43 - LU0171310955 - -
Class D2 EUR None 49.33 -0.20 -0.40 49.66 33.61 - LU0376438312 - -
Class D2 GBP None 43.97 -0.47 -1.06 44.44 30.43 - LU0827890491 - -
Class C2 USD None 40.45 -0.08 -0.20 40.53 26.64 - LU0147408131 - -
Class A2 USD None 51.22 -0.10 -0.19 51.32 33.64 - LU0056508442 - -
Class I2 EUR None 18.11 -0.07 -0.39 18.23 12.33 - LU1722863211 - -
Class A2 Hedged EUR None 14.51 -0.03 -0.21 14.54 9.58 - LU1822773716 - -
Class I2 Hedged EUR - 15.02 -0.03 -0.20 15.05 9.89 - LU1728554749 - -
Class AI2 EUR - 13.83 -0.04 -0.29 13.87 9.40 - LU1960224811 - -
Class A2 Hedged SGD None 14.07 0.03 0.21 14.07 9.26 - LU1852331112 - -
Class A2 GBP None 40.41 -0.44 -1.08 40.85 28.18 - LU0171311680 - -
Class A2 EUR None 45.34 -0.18 -0.40 45.65 30.94 - LU0171310443 - -
Class D2 USD None 55.72 -0.12 -0.21 55.84 36.54 - LU0724618946 - -
Class A2 Hedged JPY None 1,448.00 -3.00 -0.21 1,451.00 950.00 - LU1948809444 - -

Portfolio Managers

Portfolio Managers

Tony Kim
Tony Kim
Reid Menge
Reid Menge

Literature

Literature