Key Facts

Key Facts

Size of Fund (Millions) as of 26-Oct-21 USD 2,246.412
12m Trailing Yield as of 30-Sep-21 4.99
Number of Holdings as of 30-Sep-21 156
Base Currency U.S. Dollar
Fund Launch Date 26-Jun-97
Inception Date 25-May-16
Asset Class Fixed Income
Morningstar Category Other Bond
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 1.28%
ISIN LU1408528724
Bloomberg Ticker BGLEA8N
Annual Management Fee 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BYVFFR3
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment NZD 5,000.00
Minimum Subsequent Investment -
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of 30-Sep-21 11.52
3y Beta as of 30-Sep-21 1.159
5y Volatility - Benchmark as of 30-Sep-21 11.00
5y Beta as of 30-Sep-21 1.148

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-Sep-21 BBB
MSCI ESG Quality Score (0-10) as of 07-Sep-21 4.33
MSCI ESG Quality Score - Peer Percentile as of 07-Sep-21 52.21
MSCI ESG % Coverage as of 07-Sep-21 99.43
Fund Lipper Global Classification as of 07-Sep-21 Bond Emerging Markets Global LC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Sep-21 780.65
Funds in Peer Group as of 07-Sep-21 249
All data is from MSCI ESG Fund Ratings as of 07-Sep-21, based on holdings as of 30-Apr-21. 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.

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 due diligence stage of the investment process. ESG information may be sourced from both internal and external sources and included in the Aladdin risk system. The Fund manager conducts regular portfolio risk reviews with the Risk and Quantitative Analysis group. 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

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

Ratings

Holdings

Holdings

as of 30-Sep-21
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 2.83
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 01/01/2024 2.59
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 2.35
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 1.96
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.90
Name Weight (%)
BRAZIL (FEDERATIVE REPUBLIC OF) 0 07/01/2022 1.77
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 1.66
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.68 05/21/2030 1.59
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.13 11/21/2029 1.59
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 1.52
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Sep-21

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-21

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-21

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Sep-21

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-21

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-21

% of Market Value

Type Fund Benchmark Net
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 A8 Hedged NZD Monthly 7.56 0.01 0.13 8.46 7.51 - LU1408528724 - -
Class D2 Hedged CHF None 8.62 0.01 0.12 9.37 8.45 - LU1688375184 - -
Class I5 USD Quarterly 8.72 0.02 0.23 9.74 8.66 - LU1495982867 - -
Class X2 GBP None 5.32 -0.01 -0.19 5.79 5.25 - LU1688375267 - -
Class A1 USD Daily 3.51 0.01 0.29 3.92 3.49 - LU0278477574 - -
Class I3 Hedged GBP Monthly 6.10 0.01 0.16 6.81 6.06 - LU0995336418 - -
Class C2 USD None 19.93 0.03 0.15 21.72 19.60 - LU0278476923 - -
Class I5 EUR Quarterly 7.51 0.02 0.27 7.95 7.47 - LU0995350831 - -
Class A2 Hedged EUR None 7.32 0.01 0.14 7.97 7.19 - LU0359002093 - -
Class D2 USD None 25.70 0.05 0.19 27.61 24.84 - LU0383940458 - -
Class A2 Hedged SGD None 8.26 0.02 0.24 8.92 8.04 - LU0358998713 - -
Class S3 Hedged GBP Monthly 9.22 0.02 0.22 10.29 9.16 - LU1911699996 - -
Class SR2 Hedged EUR - 9.80 0.02 0.20 10.43 9.73 - LU2319963380 - -
Class AI5 EUR Quarterly 8.99 0.01 0.11 9.53 8.96 - LU1960220660 - -
Class D3 Hedged GBP Monthly 6.08 0.01 0.16 6.79 6.04 - LU0995345831 - -
Class I2 EUR None 22.23 0.04 0.18 22.68 21.33 - LU1559746307 - -
Class D2 CHF None 23.64 0.08 0.34 24.48 22.76 - LU1065150267 - -
Class A8 Hedged AUD Monthly 6.06 0.01 0.17 6.80 6.03 - LU1133072774 - -
Class SR3 USD Monthly 9.63 0.02 0.21 10.40 9.57 - LU2319963620 - -
Class X2 AUD None 9.78 -0.01 -0.10 10.36 9.50 - LU1554267051 - -
Class X2 Hedged GBP None 10.00 0.02 0.20 10.70 9.64 - LU1505939139 - -
Class A1 EUR Daily 3.02 0.01 0.33 3.19 3.01 - LU0278461065 - -
Class SR2 USD - 9.86 0.02 0.20 10.45 9.79 - LU2319963547 - -
Class SR3 Hedged GBP Monthly 9.61 0.02 0.21 10.39 9.54 - LU2319963463 - -
Class A3 EUR Monthly 3.05 0.01 0.33 3.21 3.03 - LU0278457469 - -
Class I2 CHF - 23.74 0.07 0.30 24.58 22.82 - LU1781817694 - -
Class A4 USD Annual 14.06 0.02 0.14 15.83 13.97 - LU0548402170 - -
Class I2 GBP - 18.70 -0.03 -0.16 20.45 18.51 - LU1741217027 - -
Class D2 Hedged EUR None 7.56 0.02 0.27 8.18 7.38 - LU0622213642 - -
Class A2 USD None 23.96 0.04 0.17 25.85 23.28 - LU0278470058 - -
Class A4 EUR Annual 12.11 0.02 0.17 12.95 12.06 - LU0478974834 - -
Class A2 Hedged SEK None 87.23 0.15 0.17 94.63 85.50 - LU1715605868 - -
Class A2 EUR None 20.64 0.04 0.19 21.15 19.94 - LU0278457204 - -
Class A3 USD Monthly 3.54 0.01 0.28 3.94 3.51 - LU0278470132 - -
Class D3 USD Monthly 14.63 0.03 0.21 16.30 14.53 - LU0523291242 - -
Class A6 Hedged SGD Monthly 6.83 0.01 0.15 7.71 6.78 - LU1676225185 - -
Class D5 GBP Quarterly 7.49 -0.01 -0.13 8.60 7.49 - LU1694209807 - -
Class E5 Hedged EUR Quarterly 5.69 0.01 0.18 6.41 5.65 - LU1062843260 - -
Class D3 EUR Monthly 12.60 0.03 0.24 13.29 12.55 - LU0827884924 - -
Class A6 USD Monthly 7.56 0.02 0.27 8.52 7.51 - LU1408528211 - -
Class D3 Hedged AUD Monthly 5.76 0.01 0.17 6.43 5.72 - LU0827884841 - -
Class D2 Hedged GBP None 14.26 0.02 0.14 15.36 13.85 - LU0827885491 - -
Class D2 Hedged SGD None 8.65 0.01 0.12 9.31 8.38 - LU0827884767 - -
Class C2 EUR None 17.17 0.03 0.18 17.75 16.80 - LU0278457972 - -
Class D2 EUR None 22.13 0.04 0.18 22.61 21.28 - LU0329592702 - -
Class E2 USD None 22.26 0.04 0.18 24.12 21.73 - LU0374975414 - -
Class D4 EUR Annual 12.13 0.02 0.17 13.00 12.08 - LU0827885145 - -
Class C1 USD Daily 3.50 0.00 0.00 3.91 3.49 - LU0278478119 - -
Class A3 HKD Monthly 27.49 0.06 0.22 30.55 27.36 - LU0388349754 - -
Class I2 Hedged EUR None 7.81 0.01 0.13 8.45 7.62 - LU0473186707 - -
Class I2 USD None 25.81 0.05 0.19 27.69 24.90 - LU0520955575 - -
Class AI2 EUR - 9.98 0.02 0.20 10.23 9.64 - LU1960220587 - -
Class A3 Hedged AUD Monthly 5.76 0.01 0.17 6.43 5.72 - LU0575500318 - -
Class D3 HKD Monthly 113.73 0.25 0.22 126.36 113.13 - LU0827885061 - -
Class D4 USD Annual 14.09 0.03 0.21 15.88 14.00 - LU0827885228 - -
Class E2 EUR None 19.18 0.04 0.21 19.72 18.62 - LU0278459671 - -
Class A2 Hedged CHF None 7.13 0.01 0.14 7.78 7.03 - LU0623004180 - -
Class X5 Hedged GBP Quarterly 8.84 0.02 0.23 9.92 8.78 - LU1954752702 - -
Class E2 Hedged EUR None 6.91 0.01 0.14 7.55 6.82 - LU0474536231 - -
Class A6 Hedged HKD Monthly 75.05 0.14 0.19 84.76 74.58 - LU1408528484 - -
Class X2 USD None 7.34 0.01 0.14 7.85 7.05 - LU0344905624 - -
Class X2 EUR None 6.33 0.02 0.32 6.43 6.04 - LU0531082021 - -
Class A2 Hedged PLN None 9.63 0.02 0.21 10.46 9.42 - LU0480535052 - -
Class A6 Hedged GBP Monthly 6.91 0.01 0.14 7.81 6.86 - LU1408528302 - -
Class A2 CZK None 530.33 0.19 0.04 549.46 517.25 - LU1791177113 - -
Class D2 Hedged PLN None 10.07 0.02 0.20 10.90 9.81 - LU0827884684 - -
Class A6 Hedged CAD Monthly 7.38 0.01 0.14 8.33 7.33 - LU1408528641 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Sergio Trigo Paz
Laurent Develay
Laurent Develay
Michal Wozniak
Michal Wozniak

Literature

Literature