Fixed Income

BGF ESG Emerging Markets Blended Bond Fund

Overview

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.

Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. Derivatives are 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.
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Performance

Performance

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 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

Chart

Performance chart data not available for display.
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Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of 05-Jun-20 USD 34.486
Base Currency USD
Fund Launch Date 09-Jul-18
Inception Date 29-Aug-18
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond - EUR Biased
Benchmark Index JP Morgan 50% GBI EM Global DivESG and 50% EMBI Global Div ESG custom index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1864665192
Bloomberg Ticker BEEMI2E
Initial Charge -
Performance Fee -
SEDOL BFXNJ14
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

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material 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 Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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 Sustainability Characteristics, using links below.

MSCI ESG Quality Score - Peer Percentile The fund’s ESG Percentile compared to its Lipper peer group. as of 01-May-20 11.59
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 01-May-20 Bond Emerging Markets Global LC
All data is from MSCI ESG Fund Ratings as of 01-May-20, based on holdings as of 30-Nov-19. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, 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.


Metrics have been reported based on MSCI data for consistency with MSCI fund rating, this fund is managed using data from Sustainalytics.

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.


Transparency on Business Involvement metrics is not indicative of a fund’s investment objective, and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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.


Business Involvement metrics are calculated using MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this research 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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 29-May-20
Name Weight (%)
ARGENTINA REPUBLIC OF GOVERNMENT MTN 0 01/26/2022 3.35
ARGENTINA REPUBLIC OF 0 12/31/2033 3.10
ROMANIA (REPUBLIC OF) MTN RegS 3.624 05/26/2030 2.89
PETROBRAS GLOBAL FINANCE BV 6.85 06/05/2115 2.59
RUSSIAN FEDERATION 7.7 03/23/2033 2.15
Name Weight (%)
MEXICO (UNITED MEXICAN STATES) (GO 5 04/27/2051 1.93
KENYA (REPUBLIC OF) RegS 8.25 02/28/2048 1.84
UKRAINE (GOVERNMENT OF) RegS 0 05/31/2040 1.81
CZECH REPUBLIC 2 10/13/2033 1.80
SERBIA (REPUBLIC OF) RegS 3.125 05/15/2027 1.63
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29-May-20

% of Market Value

Type Fund Benchmark Net
as of 29-May-20

% of Market Value

Type Fund Benchmark Net
as of 29-May-20

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 29-May-20

% of Market Value

Type Fund Benchmark Net
as of 29-May-20

% of Market Value

Type Fund Benchmark Net
as of 29-May-20

% 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 I2 Hedged EUR - 10.98 0.02 0.18 11.12 8.93 - LU1864665192 - -
Class Z2 GBP - 10.56 -0.06 -0.56 10.62 9.11 - LU2038736208 - -
Class D2 USD None 11.05 0.05 0.45 11.10 8.96 - LU1817795518 - -
Class D2 Hedged CHF None 10.35 0.03 0.29 10.47 8.42 - LU1817795948 - -
Class A2 USD None 10.89 0.05 0.46 10.96 8.85 - LU1860488060 - -
Class I2 EUR - 10.30 0.01 0.10 10.37 8.73 - LU1864664971 - -
Class E2 Hedged EUR - 10.70 0.03 0.28 10.88 8.73 - LU1864664542 - -
Class AI2 Hedged EUR - 11.33 0.02 0.18 11.33 9.98 - LU2144842189 - -
Class D2 Hedged EUR None 10.38 0.04 0.39 10.54 8.47 - LU1817795864 - -
Class I2 USD - 11.63 0.03 0.26 11.65 9.41 - LU1864664898 - -
Class AI2 EUR - 11.51 0.01 0.09 11.51 10.00 - LU2144842007 - -
Class A2 Hedged EUR None 10.24 0.04 0.39 10.41 8.36 - LU1817795781 - -
Class E5 Hedged EUR - 10.33 0.02 0.19 10.58 8.43 - LU1864664625 - -
Class X2 USD - 11.24 0.04 0.36 11.27 9.10 - LU1817795609 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Sergio Trigo Paz
Michal Wozniak
Michal Wozniak
Michal Katrencik
Michal Katrencik

Literature

Literature