Multi Asset

ESG Multi-Asset 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 EUR, hedged Share Class Benchmark performance is displayed in EUR.

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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Performance chart data not available for display.
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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 17-Sep-20 EUR 1,181.546
Base Currency EUR
Fund Launch Date 04-Jan-99
Inception Date 04-Jan-99
Asset Class Multi Asset
Morningstar Category EUR Moderate Allocation - Global
Benchmark Index 50% MSCI World / 50% FTSE WGBI Hedged into EUR
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0093503497
Bloomberg Ticker MEREGBI
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL 5598997
Bloomberg Benchmark Ticker MSWCGWEURH
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

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-Sep-20 94.86
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 01-Sep-20 Mixed Asset EUR Flex - Global
All data is from MSCI ESG Fund Ratings as of 01-Sep-20, based on holdings as of 29-Feb-20. 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 exposures shown above for Thermal Coal and Oil Sands are calculated and reported for issuers within the fund that generate more than 5% of revenue from thermal coal mining or oil sands extraction, as defined by MSCI ESG Research. For the exposure to issuers within the fund that generate any revenue from thermal coal mining or oil sands extraction (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.06%.

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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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for ESG Multi-Asset Fund, Class A2, as of 31-Aug-20 rated against 1922 EUR Moderate Allocation - Global Funds.

Holdings

Holdings

as of 31-Aug-20
Name Weight (%)
TREASURY NOTE 1.5 02/15/2030 4.93
ISH MSCI USA SRI ETF USD ACC 4.60
MICROSOFT CORP 3.47
ISHARES PHYSICAL GOLD 3.40
ITALY (REPUBLIC OF) 1.35 04/01/2030 2.68
Name Weight (%)
TREASURY NOTE 0.125 07/31/2022 2.50
ISHARES PHYSICAL SILVER ETC 2.43
STARWOOD EUROPEAN REAL ESTATE FINA 2.37
TRIPLE POINT SOCIAL HOUSING REIT P 1.81
ISHARES $ HIGH YIELD CORP BO USDHA 1.56
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Aug-20

% of Market Value

Type Fund
Due to the use of derivatives, reported asset allocation may not be fully reflective of the risk profile of the fund’s market exposure. Allocations subject to change.
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
Class A2 EUR None 17.15 -0.09 -0.52 17.54 14.14 - LU0093503497 - -
Class A8 Hedged USD Monthly 10.42 -0.06 -0.57 10.66 8.70 - LU2092627202 - -
Class A8 Hedged SGD Monthly 10.37 -0.05 -0.48 10.60 8.68 - LU2092937148 - -
Class E2 EUR None 15.41 -0.08 -0.52 15.77 12.74 - LU0093503737 - -
Class C2 Hedged USD None 34.03 -0.18 -0.53 34.81 28.05 - LU0494093544 - -
Class A2 Hedged USD None 44.53 -0.23 -0.51 45.53 36.48 - LU0494093205 - -
Class E2 Hedged USD None 40.00 -0.20 -0.50 40.90 32.84 - LU0494093627 - -
Class D2 EUR None 18.52 -0.10 -0.54 18.94 15.23 - LU0473185139 - -
Class I2 EUR - 11.74 -0.06 -0.51 12.00 9.64 - LU1822773989 - -
Class D2 Hedged USD None 47.08 -0.24 -0.51 48.12 38.46 - LU0827879924 - -
Class A2 Hedged SGD - 10.64 -0.05 -0.47 10.87 8.75 - LU2077746001 - -
Class C2 EUR None 14.33 -0.07 -0.49 14.66 11.89 - LU0147384282 - -
Class AI2 EUR - 11.11 -0.05 -0.45 11.36 9.15 - LU1978682364 - -

Portfolio Managers

Portfolio Managers

Jason Byrom
Jason Byrom
Conan McKenzie
CFA, Director and portfolio manager

Member of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group.

Literature

Literature