Equity

BGF European Equity Income Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

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Performance

Performance

Reinvestments

This product does not have any distributions data as of now.
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 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

Key Facts

Key Facts

Size of Fund (Millions) as of 18-Jun-21 EUR 2,030.097
12m Trailing Yield -
Number of Holdings as of 28-May-21 41
Base Currency Euro
Fund Launch Date 03-Dec-10
Inception Date 21-Apr-21
Asset Class Equity
Morningstar Category -
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 0.91%
ISIN LU2319962903
Bloomberg Ticker EEI_AG
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BLFG775
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, 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 ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07-Jun-21 AAA
MSCI ESG Quality Score (0-10) as of 07-Jun-21 8.64
MSCI ESG Quality Score - Peer Percentile as of 07-Jun-21 94.55
MSCI ESG % Coverage as of 07-Jun-21 99.82
Fund Lipper Global Classification as of 07-Jun-21 Equity Europe Income
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Jun-21 139.96
Funds in Peer Group as of 07-Jun-21 110
All data is from MSCI ESG Fund Ratings as of 07-Jun-21, based on holdings as of 31-Dec-20. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), 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.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’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.

MSCI - Controversial Weapons as of 28-May-21 0.00%
MSCI - UN Global Compact Violators as of 28-May-21 0.00%
MSCI - Nuclear Weapons as of 28-May-21 0.00%
MSCI - Thermal Coal as of 28-May-21 0.00%
MSCI - Civilian Firearms as of 28-May-21 0.00%
MSCI - Oil Sands as of 28-May-21 0.00%
MSCI - Tobacco as of 28-May-21 0.00%

Business Involvement Coverage as of 28-May-21 99.66%
Percentage of Fund not covered as of 28-May-21 0.45%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data 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. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 28-May-21
Name Weight (%)
SANOFI SA 4.21
EDP - ENERGIAS DE PORTUGAL SA 4.10
ASTRAZENECA PLC 3.91
TELE2 AB 3.69
ENEL SPA 3.67
Name Weight (%)
ZURICH INSURANCE GROUP AG 3.53
LONZA GROUP AG 3.36
NESTLE SA 3.28
NOVO NORDISK A/S 3.25
VINCI SA 3.05
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 SR2 EUR - 10.37 -0.07 -0.67 10.51 9.92 - LU2319962903 - -
Class E2 EUR None 22.59 -0.16 -0.70 22.90 17.97 - LU0628612748 - -
Class X5G GBP Daily 14.16 -0.08 -0.56 14.37 11.80 - LU1015435362 - -
Class A8 Hedged CAD Monthly Stable with IRD 9.47 -0.07 -0.73 9.60 7.71 - LU1220229436 - -
Class X2 EUR None 16.86 -0.12 -0.71 17.09 13.22 - LU0563471787 - -
Class I4G EUR Annual 15.60 -0.11 -0.70 15.81 12.29 - LU0883524240 - -
Class A2 EUR None 23.74 -0.17 -0.71 24.07 18.83 - LU0562822386 - -
Class A4G EUR Annual 16.48 -0.12 -0.72 16.70 13.07 - LU0619515397 - -
Class A8 Hedged AUD Monthly Stable with IRD 11.66 -0.09 -0.77 11.82 9.45 - LU1019636163 - -
Class D5G EUR Quarterly 15.29 -0.11 -0.71 15.50 12.18 - LU0871639463 - -
Class SR2 USD - 12.31 -0.15 -1.20 12.74 11.92 - LU2319963208 - -
Class D4G EUR Annual 15.46 -0.12 -0.77 15.68 12.21 - LU0875160912 - -
Class E5G EUR Quarterly 14.78 -0.11 -0.74 14.98 11.86 - LU0579995191 - -
Class A6 Hedged HKD Monthly Stable 199.46 -1.42 -0.71 202.14 160.82 - LU1051770623 - -
Class A6 Hedged USD Monthly Stable 12.88 -0.09 -0.69 13.05 10.37 - LU1019632923 - -
Class A8 Hedged NZD Monthly Stable with IRD 9.44 -0.07 -0.74 9.57 7.67 - LU1220229196 - -
Class A6 Hedged GBP Monthly Stable 14.52 -0.11 -0.75 14.72 11.73 - LU1051771274 - -
Class A5G EUR Quarterly 15.49 -0.11 -0.71 15.70 12.40 - LU0561744862 - -
Class D2 EUR None 25.48 -0.19 -0.74 25.83 20.12 - LU0579997130 - -
Class A5G Hedged USD Quarterly 23.25 -0.16 -0.68 23.56 18.51 - LU1003076772 - -
Class A6 Hedged SGD Monthly Stable 12.51 -0.09 -0.71 12.68 10.07 - LU1019634622 - -
Class D6 Hedged USD Monthly Stable 10.85 -0.08 -0.73 11.00 8.70 - LU1200839964 - -
Class D5G Hedged GBP Quarterly 14.08 -0.10 -0.71 14.27 11.20 - LU0949170855 - -
Class D2 USD None 30.24 -0.39 -1.27 31.32 23.16 - LU1984140779 - -
Class SR4 EUR - 10.37 -0.08 -0.77 10.51 9.92 - LU2319963034 - -
Class SR4 GBP - 8.89 -0.05 -0.56 9.03 8.55 - LU2319963117 - -
Class A8 Hedged CNH Monthly Stable with IRD 101.23 -0.73 -0.72 102.60 81.55 - LU1241525267 - -
Class A8 Hedged USD Monthly 10.41 -0.08 -0.76 10.55 8.41 - LU2114397693 - -
Class D2 Hedged USD None 14.60 -0.10 -0.68 14.80 11.47 - LU1185942585 - -
Class AI2 EUR - 12.65 -0.09 -0.71 12.82 10.03 - LU1960221478 - -
Class X5G EUR Quarterly 16.52 -0.12 -0.72 16.74 13.07 - LU1834329150 - -
Class AI5G EUR Quarterly 11.73 -0.08 -0.68 11.89 9.38 - LU1960221551 - -
Class I2 EUR None 13.20 -0.10 -0.75 13.38 10.40 - LU1222728690 - -
Class A6 EUR Monthly Stable 11.42 -0.09 -0.78 11.58 9.25 - LU1051768569 - -
Class I2 USD - 15.67 -0.19 -1.20 16.22 11.97 - LU2091194477 - -
Class D4G GBP Annual 13.26 -0.07 -0.53 13.46 11.02 - LU2091194550 - -
Class A2 Hedged USD None 16.37 -0.12 -0.73 16.59 12.92 - LU1153584641 - -
Class A2 USD - 28.18 -0.35 -1.23 29.18 21.74 - LU2091194634 - -
Class I4G GBP Annual 13.37 -0.07 -0.52 13.58 11.09 - LU2091194394 - -

Portfolio Managers

Portfolio Managers

Andreas Zoellinger
Andreas Zoellinger
Brian Hall
Managing Director

  

Literature

Literature