ESG Multi-Asset Fund

Multi Asset

ESG Multi-Asset Fund

  • NAV as of 21-Nov-19 EUR 10.90
    52 WK: 9.45 - 10.94
  • 1 Day NAV Change as of 21-Nov-19 -0.03 (-0.27%)

Overview

Investment Approach

The ESG Multi-Asset Fund follows an asset allocation policy that seeks to maximise total return in a manner consistent with the principles of environmental, social and governance “ESG”-focussed investing. The Fund invests globally in the full spectrum of permitted investments including equities, fixed income transferable securities (which may include some high yield fixed income transferable securities), units of undertakings for collective investment, cash, deposits and money market instruments.

The BGF Flexible Multi-Asset Fund was repurposed and renamed as the BGF ESG Multi-Asset Fund on the 25 March 2019.

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

  • Returns

  From
30-Sep-2014
To
30-Sep-2015		 From
30-Sep-2015
To
30-Sep-2016		 From
30-Sep-2016
To
30-Sep-2017		 From
30-Sep-2017
To
30-Sep-2018		 From
30-Sep-2018
To
30-Sep-2019
Total Return (%) Total return is expressed as the percentage change of an investment over a certain timeframe. It includes the net income earned by the investment in terms of dividends or interest along with any change in the capital value of the investment.

as of 30-Sep-19

- - - - 5.76
Benchmark (%) Index: 50% MSCI World / 50% FTSE WGBI Hedged into EUR<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 30-Sep-19

- - - - 8.87

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. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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

Chart

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. Source: BlackRock. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product.

Reinvestments

This product does not have any distributions data as of now.
Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Size of Fund (Millions) as of 21-Nov-19 EUR 714.957
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. -
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 31-Oct-19 565
Base Currency EUR
Fund Launch Date 04-Jan-99
Inception Date 23-May-18
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.
Ongoing Charges Figures 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. 0.75%
ISIN LU1822773989
Bloomberg Ticker BGFMI2E
Initial Charge -
Performance Fee -
SEDOL BG0B4D5
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31-Oct-19
Name Weight (%)
MICROSOFT CORP 3.73
ISH MSCI USA SRI ETF USD ACC 3.21
ISHARES J.P. MORGAN ESG $ EM USDHA 2.95
TRIPLE POINT SOCIAL HOUSING REIT P 2.64
GERMANY (FEDERAL REPUBLIC OF) 1.25 08/15/2048 2.49
Name Weight (%)
ITALY (REPUBLIC OF) 1.05 12/01/2019 2.30
TREASURY (CPI) NOTE 0.5 04/15/2024 2.08
AQUILA EUROPEAN RENEWABLES INCOME 2.01
TREASURY NOTE 2.875 08/15/2028 1.78
FORESIGHT SOLAR FUND LTD 1.38
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-19

% 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 I2 EUR - 10.90 -0.03 -0.27 10.94 9.45 - LU1822773989 - -
Class AI2 EUR - 10.41 0.00 0.00 10.41 9.78 - LU1978682364 - -
Class E2 EUR None 14.46 -0.05 -0.34 14.51 12.69 - LU0093503737 - -
Class A2 Hedged USD None 41.07 -0.13 -0.32 41.21 34.96 - LU0494093205 - -
Class D2 EUR None 17.23 -0.05 -0.29 17.29 14.97 - LU0473185139 - -
Class C2 EUR None 13.53 -0.04 -0.29 13.58 11.95 - LU0147384282 - -
Class E2 Hedged USD None 37.04 -0.12 -0.32 37.16 31.67 - LU0494093627 - -
Class A2 EUR None 16.03 -0.05 -0.31 16.08 14.00 - LU0093503497 - -
Class D2 Hedged USD None 43.22 -0.14 -0.32 43.37 36.60 - LU0827879924 - -
Class C2 Hedged USD None 31.71 -0.10 -0.31 31.82 27.30 - LU0494093544 - -

Portfolio Managers

Portfolio Managers

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

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

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Conan McKenzie, CFA, Director and portfolio manager, is a member of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group. Within Diversified Strategies, Mr. McKenzie is involved in managing both benchmarked and outcome oriented funds. As with Mr. Ryan, Mr. McKenzie has portfolio management responsibilities across the charities funds and DDG. Conan has been a portfolio manager on the charities funds since April 2013. He also leads the team's ESG research agenda that drives the potential for ESG-related thematic investments, as well as alternative investment opportunities and third party manager research.

Mr. McKenzie holds a MA degree in History & Politics from the University of Oxford, and is a CFA Charterholder. His service with the firm dates back to 2011.

Literature

Literature