BGF ESG Emerging Markets Bond Fund

Fixed Income

BGF ESG Emerging Markets Bond Fund

  • NAV as of 20-Feb-19 EUR 10.27
    52 WK: 9.75 - 10.32
  • 1 Day NAV Change as of 20-Feb-19 0.01 (0.10%)

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 investment adviser (IA) has discretion to select the Fund's investments, provided that the Fund will invest at least 70% of its total assets in fixed income (FI) securities within the JP Morgan ESG Emerging Market Bond Index Global Diversified (the "Index" and the securities comprised within it being "Index Securities") which comprises FI securities issued by governments and government agencies of, and companies domiciled in, or the main business of which is in, emerging markets. When selecting Index Securities, and FI securities forming part of the remaining 30% of the Fund’s portfolio, the IA will, in addition to other investment criteria, take into account the environmental, social and governance (“ESG”) characteristics of the relevant issuer. The IA may analyse these characteristics using data provided by external ESG score providers, proprietary models and local intelligence. The Fund will not invest in FI securities which do not meet the IA’s ESG criteria.

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

  • 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 EUR, 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 20-Feb-19 USD 262.323
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-19 262
Base Currency USD
Fund Launch Date 09-Jul-18
Inception Date 05-Sep-18
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond - EUR Biased
Benchmark Index J.P. Morgan ESG-Emerging Markets Bond Index Global Diversified
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. 1.99%
ISIN LU1864665275
Bloomberg Ticker BGEMBE2
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. -
Initial Charge 3.00%
Performance Fee -
SEDOL BFXNJ25
Bloomberg Benchmark Ticker -
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

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 (%)
POLAND REPUBLIC OF (GOVERNMENT) 3 03/17/2023 3.92
PANAMA REPUBLIC OF (GOVERNMENT) 3.875 03/17/2028 2.85
URUGUAY (ORIENTAL REPUBLIC OF) 5.1 06/18/2050 1.78
HUNGARY (REPUBLIC OF) 5.75 11/22/2023 1.77
HUNGARY REPUBLIC OF (GOVERNMENT) 5.375 02/21/2023 1.76
Name Weight (%)
REPUBLICA ORIENT URUGUAY 4.375 10/27/2027 1.67
UKRAINE REPUBLIC OF (GOVERNMENT) RegS 7.375 09/25/2032 1.47
SAUDI ARABIA (KINGDOM OF) RegS 5.25 01/16/2050 1.44
JAMAICA (GOVERNMENT) 6.75 04/28/2028 1.32
ECUADOR (REPUBLIC OF) RegS 7.95 06/20/2024 1.25
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-19

% 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 E2 Hedged EUR - 10.27 0.01 0.10 10.32 9.75 - LU1864665275 - -
Class I2 EUR - 9.24 -0.01 -0.11 9.29 8.60 - LU1864665515 - -
Class I2 Hedged EUR - 10.33 0.01 0.10 10.37 9.78 - LU1864665606 - -
Class D2 Hedged CHF None 10.01 0.01 0.10 10.06 9.62 - LU1817795435 - -
Class A2 Hedged EUR None 10.00 0.01 0.10 10.04 9.48 - LU1817795278 - -
Class X2 USD - 10.28 0.01 0.10 10.31 9.64 - LU1817795195 - -
Class D2 Hedged EUR None 10.03 0.00 0.00 10.08 9.63 - LU1817795351 - -
Class D2 USD None 10.23 0.01 0.10 10.26 9.75 - LU1817794974 - -
Class E5 Hedged EUR - 10.16 0.00 0.00 10.21 9.74 - LU1864665358 - -
Class I2 USD - 10.48 0.01 0.10 10.51 9.85 - LU1864665432 - -
Class A2 USD None 10.15 0.01 0.10 10.18 9.55 - LU1860487849 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Sergio Trigo Paz
Michel Aubenas
Michel Aubenas
Giulia Pellegrini
Giulia Pellegrini
Kirill Veretinskii
Kirill Veretinskii

Literature

Literature