BGF Next Generation Technology Fund

Equity

BGF Next Generation Technology Fund

  • NAV as of 15-Feb-19 USD 9.34
    52 WK: 7.53 - 10.00
  • 1 Day NAV Change as of 15-Feb-19 0.01 (0.11%)

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.

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.

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

Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of 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 fund 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

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 15-Feb-19 USD 25.711
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-Jan-19 92
Base Currency USD
Fund Launch Date 04-Sep-18
Inception Date 04-Sep-18
Asset Class Equity
Morningstar Category Sector Equity Technology
Benchmark Index Placeholder for prolonged perf holidays (No Benchmark applicable)
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. 1.82%
ISIN LU1861215975
Bloomberg Ticker BGFNGA2
Initial Charge 5.00%
Performance Fee -
SEDOL BG094M8
Bloomberg Benchmark Ticker -
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

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31-Jan-19
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 31-Jan-19

% of Market Value

Type Fund
as of 31-Jan-19

% of Market Value

Type Fund
as of 31-Jan-19

% 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
Class A2 USD None 9.34 0.01 0.11 10.00 7.53 - LU1861215975 - -
Class Z2 USD - 9.39 0.00 0.00 10.00 7.55 - LU1861216437 - -
Class D2 USD None 9.38 0.01 0.11 10.00 7.55 - LU1861216197 - -
Class E2 Hedged EUR - 9.18 0.01 0.11 10.00 7.43 - LU1861216783 - -
Class D2 Hedged EUR None 9.23 0.01 0.11 10.00 7.46 - LU1861216601 - -
Class I2 Hedged EUR - 11.11 0.01 0.09 11.12 8.98 - LU1917165158 - -
Class I2 USD - 9.39 0.01 0.11 10.00 7.55 - LU1861216270 - -
Class I2 EUR - 8.33 0.02 0.24 8.33 6.62 - LU1917165075 - -
Class D2 EUR - 8.32 0.02 0.24 8.32 6.62 - LU1917164854 - -
Class D2 Hedged GBP None 9.27 0.01 0.11 10.00 7.50 - LU1861216866 - -
Class A2 SEK None 86.87 -0.01 -0.01 91.33 67.99 - LU1861216940 - -
Class A2 Hedged EUR None 9.19 0.00 0.00 10.00 7.44 - LU1861216510 - -
Class A2 Hedged SGD None 9.28 0.00 0.00 10.00 7.49 - LU1861220033 - -
Class E2 EUR - 11.25 0.03 0.27 11.25 8.96 - LU1917164938 - -
Class X2 USD - 9.42 0.01 0.11 10.00 7.57 - LU1861216353 - -

Portfolio Managers

Portfolio Managers

Tony Kim
Tony Kim

Literature

Literature