Multi Asset

BGF Climate Action Multi-Asset 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.

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. The value of equities and equity-related securities can be affected by daily stock market movements, political factors, economic news, company earnings and significant corporate events. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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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 14-Jan-22 EUR 48.930
12m Trailing Yield -
Number of Holdings -
Base Currency Euro
Fund Launch Date 09-Dec-21
Inception Date 09-Dec-21
Asset Class Multi Asset
Morningstar Category -
SFDR Classification Article 9
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 0.10%
ISIN LU2377033597
Bloomberg Ticker -
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BMW6ZK4
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10,000,000.00
Minimum Subsequent Investment EUR 1,000.00
Use of Income Accumulating

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 incorporates ESG considerations throughout the investment process’ macro outlook, idea generation, implementation tools, portfolio construction, risk management, ongoing monitoring and reporting. All research ideas generated for the Fund consider the potential impact from ESG-associated risks, and these are documented as part of the investment process. Idea implementation uses a wide range of building blocks, including active mutual funds, index funds, ETFs, direct securities, derivatives, and third-party funds. The Fund manager reviews research ideas and asset allocation on a regular basis and reassesses each of the building blocks utilized to access research ideas. The choice of building block is informed by ESG considerations. For strategies with an explicit ESG objective, certain building blocks are used to comply with those guidelines. Where an ESG focused building block becomes available, it will be considered as a replacement for standard market exposure. Both the extent and impact of screens and integration are considered in the context of the investment objective / investment style of particular strategies. The Fund manager may also build bespoke thematic baskets of securities, which are subject to BlackRock baseline screens in the first instance and where appropriate, additional screening criteria. The Fund manager uses E, S, and G criteria such as headline ESG and carbon footprint during the reporting phase. These are sourced from Aladdin or directly from third-party data providers. The Fund manager conducts regular portfolio monitoring with BlackRock’s Risk and Quantitative Analysis group, as well as portfolio reviews with 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

Sorry, top holdings are not available at this time.
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, asset classes are not available at this time.
Allocations subject to change.
Sorry, geographic exposures are not available at this time.
Sorry, currency data is not available at this time.
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 X2 EUR - 9.79 -0.09 -0.91 10.09 9.77 - LU2377033597 - -
Class A2 EUR - 9.77 -0.10 -1.01 10.08 9.77 - LU2377032862 - -
Class C2 EUR - 9.76 -0.10 -1.01 10.07 9.76 - LU2377033084 - -
Class A8 Hedged USD - 9.78 -0.10 -1.01 10.09 9.77 - LU2377033670 - -
Class AI2 EUR - 9.77 -0.10 -1.01 10.08 9.77 - LU2377032946 - -
Class I2 EUR - 9.78 -0.10 -1.01 10.09 9.77 - LU2377033324 - -
Class E2 EUR - 9.77 -0.09 -0.91 10.08 9.77 - LU2377033241 - -
Class D2 EUR - 9.78 -0.09 -0.91 10.09 9.77 - LU2377033167 - -

Portfolio Managers

Portfolio Managers

Rupert Harrison
Rupert Harrison
Lamiaa Chaabi
Vice President and portfolio manager

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

Conan McKenzie
CFA, Director and portfolio manager

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

Yasmin Meissner
Yasmin Meissner

Literature

Literature