Equity

BGF Systematic Global Equity High 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.

The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Risk to Capital Growth: The Fund may pursue investment strategies using derivatives in order to generate income which may have the effect of reducing capital and the potential for long-term capital growth as well as increasing any capital losses.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

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Reinvestments

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

This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 20,7 0,8 27,9 -8,6 13,1
Constraint Benchmark 1 (%) 23,3 -5,8 22,6 -4,4 4,1

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
18,66 9,69 9,94 - 10,11
Constraint Benchmark 1 (%) 8,72 6,56 5,86 - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
10,69 1,63 3,84 13,53 18,66 31,97 60,64 - 81,20
Constraint Benchmark 1 (%) 5,67 0,31 0,72 7,73 8,72 20,99 32,97 - -
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of 31.Mar.2024

-11,78 35,21 14,19 -4,10 20,64
Constraint Benchmark 1 (%)

as of 31.Mar.2024

- 16,10 14,74 -3,84 11,78

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

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

Key Facts

Key Facts

Net Assets of Fund
as of 13.Jun.2024
USD 5 831 468 141
Fund Launch Date
13.Oct.2006
Fund Base Currency
USD
Constraint Benchmark 1
MSCI ACWI Minimum Volatility (USD Optimized) Index - EUR Net
Initial Charge
0,00%
ISIN
LU1791805960
Performance Fee
0,00%
Minimum Subsequent Investment
EUR 1 000,00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGGEI2E
Share Class launch date
28.Mar.2018
Share Class Currency
EUR
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
0,65%
Annual Management Fee
0,60%
Minimum Initial Investment
EUR 10 000 000,00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BZ9N0W6

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31.May.2024
319
3y Beta
as of -
-
P/B Ratio
as of 31.May.2024
2,80
Standard Deviation (3y)
as of 31.May.2024
10,18%
P/E Ratio
as of 31.May.2024
19,08

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.

The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC)
as of 19.May.2024
A
MSCI ESG Quality Score (0-10)
as of 19.May.2024
6,74
Fund Lipper Global Classification
as of 19.May.2024
Equity Global Income
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 19.May.2024
68,79
MSCI ESG % Coverage
as of 19.May.2024
96,23
MSCI ESG Quality Score - Peer Percentile
as of 19.May.2024
5,66
Funds in Peer Group
as of 19.May.2024
530
MSCI Weighted Average Carbon Intensity % Coverage
as of 19.May.2024
93,03
All data is from MSCI ESG Fund Ratings as of 19.May.2024, based on holdings as of 31.Dec.2023. 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% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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.

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 31.May.2024
0,00%
MSCI - Nuclear Weapons
as of 31.May.2024
0,00%
MSCI - Civilian Firearms
as of 31.May.2024
0,00%
MSCI - Tobacco
as of 31.May.2024
2,31%
MSCI - UN Global Compact Violators
as of 31.May.2024
0,10%
MSCI - Thermal Coal
as of 31.May.2024
0,13%
MSCI - Oil Sands
as of 31.May.2024
0,00%

Business Involvement Coverage
as of 31.May.2024
100,01%
Percentage of Fund not covered
as of 31.May.2024
0,00%
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 0,16% and for Oil Sands 1,54%.

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 financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager may include ESG considerations in the research and decision phases of the investment process. Funds with ESG-related objectives may also include ESG considerations in the portfolio construction phase of the investment process. The research phase may include relevant, internal ESG research used to assess certain characteristics, including, but not limited to, economic and environmental transition, market structure, superior growth, management quality, and risk characteristics associated with environmental, social, and governance matters. ESG insights may be combined with other internal research views to inform active portfolio weighting versus a reference benchmark (or weighting implemented to achieve an absolute return outcome, if applicable). The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate 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 31.May.2024
Name Weight (%)
MICROSOFT CORPORATION 4,68
AMAZON.COM INC 3,93
ALPHABET INC 3,52
NVIDIA CORPORATION 3,47
APPLE INC 2,83
Name Weight (%)
VISA INC 2,48
MERCK & CO INC 2,39
NOVO NORDISK A/S 2,27
COCA-COLA CO 2,04
META PLATFORMS INC 1,85
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31.May.2024

% of Market Value

Type Fund Benchmark Net
as of 31.May.2024

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
Sorry, market cap 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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class I2 EUR 18,57 -0,03 -0,16 13.Jun.2024 18,60 15,31 LU1791805960
Class SR6 USD 10,40 -0,07 -0,67 13.Jun.2024 10,47 8,90 LU2471418397
Class I3 USD 10,87 -0,07 -0,64 13.Jun.2024 10,94 9,29 LU1630945258
Class A6 USD 8,72 -0,05 -0,57 13.Jun.2024 8,77 7,50 LU1116320737
Class A5G USD 5,33 -0,03 -0,56 13.Jun.2024 5,36 4,53 LU0265550946
Class A2 Hedged EUR 11,52 -0,07 -0,60 13.Jun.2024 11,59 9,58 LU0278718100
Class I4G USD 10,75 -0,07 -0,65 13.Jun.2024 10,82 8,77 LU2448342217
Class A4G USD 10,47 -0,07 -0,66 13.Jun.2024 10,54 8,61 LU2448342308
Class A8 Hedged NZD 8,32 -0,05 -0,60 13.Jun.2024 8,37 7,17 LU1116319648
Class A6 Hedged GBP 7,67 -0,05 -0,65 13.Jun.2024 7,72 6,62 LU1116319994
Class D4G Hedged CHF 9,73 -0,06 -0,61 13.Jun.2024 9,79 8,16 LU2448342647
Class A4G Hedged CHF 9,53 -0,06 -0,63 13.Jun.2024 9,59 8,04 LU2448342480
Class A2 Hedged CHF 10,85 -0,07 -0,64 13.Jun.2024 10,92 9,15 LU2315843826
Class D2 USD 23,40 -0,14 -0,59 13.Jun.2024 23,54 19,12 LU0368268602
Class A6 Hedged JPY 1 054,00 -8,00 -0,75 13.Jun.2024 1 063,00 940,00 LU2655522857
Class A5G Hedged EUR 3,49 -0,02 -0,57 13.Jun.2024 3,51 3,00 LU0278719090
Class D2 Hedged EUR 12,78 -0,08 -0,62 13.Jun.2024 12,86 10,57 LU0827880930
Class D4G USD 10,69 -0,06 -0,56 13.Jun.2024 10,75 8,74 LU2448342563
Class D5G USD 5,98 -0,04 -0,66 13.Jun.2024 6,02 5,05 LU0265552215
Class D5G Hedged EUR 9,35 -0,06 -0,64 13.Jun.2024 9,41 7,99 LU2315843586
Class A8 Hedged AUD 8,22 -0,05 -0,60 13.Jun.2024 8,27 7,08 LU1116320141
Class D5G Hedged CHF 9,06 -0,06 -0,66 13.Jun.2024 9,12 7,86 LU2315843743
Class A5G Hedged CHF 8,80 -0,06 -0,68 13.Jun.2024 8,86 7,68 LU2315843669
Class I5G Hedged EUR 9,17 -0,06 -0,65 13.Jun.2024 9,23 7,83 LU2319964198
Class A2 USD 20,60 -0,12 -0,58 13.Jun.2024 20,72 16,93 LU0265550359
Class A2 Hedged JPY 1 023,00 -7,00 -0,68 13.Jun.2024 1 030,00 1 000,00 LU2796517071
Class I5G Hedged CHF 8,90 -0,06 -0,67 13.Jun.2024 8,96 7,71 LU2319964271
Class A2 Hedged HKD 120,41 -0,75 -0,62 13.Jun.2024 121,16 99,64 LU2290526081
Class A8 Hedged ZAR 102,94 -0,60 -0,58 13.Jun.2024 103,54 88,25 LU2250418733
Class A8 Hedged CNH 86,65 -0,56 -0,64 13.Jun.2024 87,21 74,89 LU1149717743
Class X2 USD 16,69 -0,10 -0,60 13.Jun.2024 16,79 13,56 LU0265554344
Class A8 Hedged CAD 8,28 -0,05 -0,60 13.Jun.2024 8,33 7,13 LU1116320497
Class A6 Hedged EUR 10,68 -0,07 -0,65 13.Jun.2024 10,75 9,30 LU2641782821
Class A2 Hedged SGD 15,97 -0,10 -0,62 13.Jun.2024 16,07 13,28 LU0326426086
Class D6 USD 11,25 -0,07 -0,62 13.Jun.2024 11,32 9,62 LU2490080954
Class A6 Hedged SGD 8,85 -0,06 -0,67 13.Jun.2024 8,91 7,70 LU2381873111
Class A6 Hedged CHF 10,66 -0,07 -0,65 13.Jun.2024 10,73 9,43 LU2655522931
Class D6 Hedged SGD 9,09 -0,06 -0,66 13.Jun.2024 9,15 7,87 LU2381873202
Class D5G Hedged GBP 9,68 -0,06 -0,62 13.Jun.2024 9,74 8,21 LU2325744022
Class I5G USD 11,31 -0,06 -0,53 13.Jun.2024 11,37 9,53 LU1379101360
Class SR2 USD 12,21 -0,08 -0,65 13.Jun.2024 12,29 9,98 LU2471418041
Class D2 Hedged CHF 11,16 -0,08 -0,71 13.Jun.2024 11,24 9,36 LU2315844048
Class A6 Hedged HKD 81,82 -0,51 -0,62 13.Jun.2024 82,33 70,84 LU1116320901

Portfolio Managers

Portfolio Managers

Robert Fisher

Robert Fisher, CFA, Managing Director and Senior Portfolio Manager, is a member of the London-based portfolio management group in BlackRock's Systematic Active Equity (SAE) team. He is primarily responsible for managing global income and defensive strategies.

Andrew Huzzey
Andrew Huzzey
Muzo Kayacan
Muzo Kayacan

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment EUR 10 000
Scenario
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
8 370 EUR
-16,3%
4 110 EUR
-16,3%

Unfavourable

What you might get back after costs
Average return each year
8 820 EUR
-11,8%
10 550 EUR
1,1%

Moderate

What you might get back after costs
Average return each year
10 810 EUR
8,1%
14 690 EUR
8,0%

Favourable

What you might get back after costs
Average return each year
13 880 EUR
38,8%
17 240 EUR
11,5%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature

 
Please access the document library in order to find the KID/KIID in local language.