Multi Asset

FR 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.

Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Non-investment grade fixed income securities can be more sensitive to changes in these risks than higher rated 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. Other influential factors include political, economic news, company earnings and significant corporate events. The prices of commodities tend to experience greater variations than other asset classes (e.g. equities or fixed income securities). Investments in commodities are therefore potentially riskier than other types of investments.

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

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Performance

Performance

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This chart shows the fund's performance as the percentage loss or gain per year over the last 1 years.

  2019 2020 2021 2022 2023
Total Return (%) 11,7
Comparator Benchmark 1 (%) 11,7

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

  1y 3y 5y 10y Incept.
10,42 - - - 6,43
Comparator Benchmark 1 (%) 9,51 - - - 6,15
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
3,22 -2,00 2,05 12,43 10,42 - - - 10,91
Comparator Benchmark 1 (%) 2,44 -2,17 1,73 11,23 9,51 - - - 10,43
  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

- - - - 13,11
Comparator Benchmark 1 (%)

as of 31.Mar.2024

- - - - 12,40

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 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

Net Assets of Fund as of 16.May.2024 EUR 299 535 157
Share Class launch date 02.Sept.2022
Fund Launch Date 13.Jul.2022
Share Class Currency EUR
Fund Base Currency EUR
Asset Class Multi Asset
Comparator Benchmark 1 LGAINXEURH / MSDHGDMEUD / MSACWINREU
SFDR Classification Other
Initial Charge 0,00%
Ongoing Charges Figures 0,44%
ISIN IE000MDHD3Q7
Annual Management Fee 0,40%
Performance Fee 0,00%
Minimum Initial Investment EUR 250 000,00
Minimum Subsequent Investment EUR 250 000,00
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
SEDOL BNZH716

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 30.Apr.2024 34
Standard Deviation (3y) as of - -
3y Beta as of - -
P/E Ratio as of 30.Apr.2024 0,00
P/B Ratio as of 30.Apr.2024 0,00
Yield to Maturity as of 30.Apr.2024 2,10%
Modified Duration as of 30.Apr.2024 1,93
Effective Duration as of 30.Apr.2024 1,78
Weighted Avg Maturity as of 30.Apr.2024 3,95

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 21.Apr.2024 A
MSCI ESG % Coverage as of 21.Apr.2024 79,16
MSCI ESG Quality Score (0-10) as of 21.Apr.2024 6,86
MSCI ESG Quality Score - Peer Percentile as of 21.Apr.2024 39,01
Fund Lipper Global Classification as of 21.Apr.2024 Mixed Asset EUR Bal - Global
Funds in Peer Group as of 21.Apr.2024 769
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 21.Apr.2024 93,73
MSCI Weighted Average Carbon Intensity % Coverage as of 21.Apr.2024 55,83
All data is from MSCI ESG Fund Ratings as of 21.Apr.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 30.Apr.2024 0,05%
MSCI - UN Global Compact Violators as of 30.Apr.2024 0,07%
MSCI - Nuclear Weapons as of 30.Apr.2024 0,03%
MSCI - Thermal Coal as of 30.Apr.2024 0,14%
MSCI - Civilian Firearms as of 30.Apr.2024 0,06%
MSCI - Oil Sands as of 30.Apr.2024 0,00%
MSCI - Tobacco as of 30.Apr.2024 0,05%

Business Involvement Coverage as of 30.Apr.2024 69,86%
Percentage of Fund not covered as of 30.Apr.2024 31,30%
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 0,31% and for Oil Sands 0,39%.

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.

Within its Solutions platform, the Fund manager determines strategic asset class exposures using climate-aware capital markets assumptions for all applicable accounts. For index-only accounts, The Fund manager includes ESG considerations in the research, monitoring and reporting phases of the investment process. This includes both BlackRock and third-party research and may feed into the initial investment decision. When making buy, hold and sell decisions, the team may take into consideration competitive advantages of allocating to vehicles that provide access to companies with stronger ESG characteristics, within a given industry. For open architecture accounts, the Fund manager conducts assessments for third-party active managers as part of an approval process. This assessment may consider whether managers have dedicated ESG resources or use internal ESG data, as well as the degree to which ESG is integrated into their investment processes. For equity managers, the Fund manager may also consider the strength of investment stewardship capabilities. The Fund manager may consider the ESG assessment alongside other relevant information from the Investment Due Diligence when selecting new active managers. For all accounts, the Fund manager aims to incorporate strategies with ESG-aligned investment objectives where these are consistent with fiduciary objectives, and designs custom ESG building blocks where feasible and appropriate. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock's Risk and Quantitative Analysis group. These reviews include discussion of portfolio exposure to material environmental, social and governance risks, where appropriate. The Fund manager also considers sustainability at the Strategic Asset Allocation level, where applicable, by adopting climate aware capital market assumptions. In addition, the Fund manager may be invested in underlying funds or strategies that align to an ESG or sustainability orientation objective where appropriate and consistent with client objectives.

Risk Indicator

Risk Indicator

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2
3
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7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 30.Apr.2024
Name Weight (%)
BLK SUS ADV US EQ FD X ACC USD 10,53
ISHARES MSCI USA ESG ENHANCE USD A 8,52
ISHS GLOBAL AGG BOND ESG EUR HD A 8,52
BLK SUS EQ FACTOR PLUS X ACC EUR 7,08
BGF EMERGING MARKETS FUND X2 EUR 4,94
Name Weight (%)
GBL UNCONSTRAINED EQ FD X ACC USD 4,74
BLK GL HY SUS CR SC FD X EUR HDG 4,39
ISHS $ TSY BOND 20+YR EUR HD D 3,79
BGF SUS FXD INC GBL OPP X2 EUR 2,82
ISHARES MSCI EUROPE ESG ENHA EUR A 2,59
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
as of 30.Apr.2024

% of Market Value

Type Fund Benchmark Net
as of 30.Apr.2024

% of Market Value

Type Fund Benchmark Net
as of 30.Apr.2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
Sorry, maturities are not available at this time.
as of 30.Apr.2024

% 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

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class Inst Acc EUR - 11,39 0,03 0,24 16.May.2024 11,39 9,82 IE000MDHD3Q7
Class Inst Acc Hedged USD - 12,11 0,03 0,25 16.May.2024 12,11 10,35 IE000ROBEKT2
Class Inst Acc Hedged SEK - 113,54 0,27 0,23 16.May.2024 113,54 98,07 IE000H4ZI2S0

Portfolio Managers

Portfolio Managers

Victor Bozza
Victor Bozza

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
7 820 EUR
-21,8%
6 130 EUR
-9,3%

Unfavourable

What you might get back after costs
Average return each year
8 540 EUR
-14,6%
9 850 EUR
-0,3%

Moderate

What you might get back after costs
Average return each year
10 420 EUR
4,2%
12 300 EUR
4,2%

Favourable

What you might get back after costs
Average return each year
12 080 EUR
20,8%
13 500 EUR
6,2%

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.