Equity

BGF Japan Small & MidCap Opportunities 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.

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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 8 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) 11.5 9.9 2.4 35.9 -23.4 26.2 3.5 13.9
Constraint Benchmark 1 (%) 14.7 13.4 3.7 25.6 -18.1 16.8 0.0 8.8
  1y 3y 5y 10y Incept.
-8.18 7.77 4.15 - 7.18
Constraint Benchmark 1 (%) 0.67 6.32 3.44 - 7.60
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-10.34 2.06 -1.77 -0.76 -8.18 25.17 22.57 - 83.00
Constraint Benchmark 1 (%) -0.23 3.47 4.51 5.52 0.67 20.18 18.43 - 89.40
  From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
Total Return (%)

as of 30.Jun.2022

21.48 -19.43 10.41 27.97 -11.33
Constraint Benchmark 1 (%)

as of 30.Jun.2022

11.02 -11.72 0.42 22.96 -4.59

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 JPY, hedged Share Class Benchmark performance is displayed in JPY.

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 05.Aug.2022 JPY 19,777,541,832
Share Class launch date 13.Nov.2013
Fund Launch Date 13.May.1987
Share Class Currency JPY
Fund Base Currency JPY
Asset Class Equity
Constraint Benchmark 1 S&P Japan Mid Small Cap Index
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charges Figures 0.84%
Annual Management Fee 0.75%
Performance Fee 0.00%
Minimum Initial Investment JPY 10,000,000.00
Minimum Subsequent Investment JPY 1,000.00
Use of Income Accumulating
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category Japan Small/Mid-Cap Equity
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGSMI2J
ISIN LU0992622497
SEDOL BGDWPW1

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 29.Jul.2022 82
Standard Deviation (3y) as of 31.Jul.2022 17.59%
3y Beta as of 31.Jul.2022 1.049
P/E Ratio as of 29.Jul.2022 12.88
P/B Ratio as of 29.Jul.2022 1.17

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 decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. 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

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for BGF Japan Small & MidCap Opportunities Fund, Class I2, as of 31.Jul.2022 rated against 172 Japan Small/Mid-Cap Equity Funds.

Holdings

Holdings

as of 29.Jul.2022
Name Weight (%)
FUKUOKA FINANCIAL GROUP INC 3.17
KEISEI ELECTRIC RAILWAY CO LTD 3.13
ITOCHU TECHNO-SOLUTIONS CORP 2.78
77 BANK LTD/THE 2.52
MITSUBISHI HC CAPITAL INC 2.20
Name Weight (%)
RELO GROUP INC 1.99
FUJI KYUKO CO LTD 1.99
KOBAYASHI PHARMACEUTICAL CO LTD 1.96
LION CORPORATION 1.95
TOKYO TATEMONO CO. LTD. 1.84
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29.Jul.2022

% of Market Value

Type Fund Benchmark Net
as of 29.Jul.2022

% 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 TIS
Class I2 JPY None 1,846.00 9.00 0.49 05.Aug.2022 2,201.00 1,713.00 LU0992622497 -
Class X2 JPY None 9,926.00 48.00 0.49 05.Aug.2022 11,757.00 9,183.00 LU0249423681 -
Class I2 Hedged EUR - 9.67 0.05 0.52 05.Aug.2022 11.71 9.02 LU1822774102 -
Class A2 USD None 60.74 -0.42 -0.69 05.Aug.2022 89.86 56.23 LU0006061252 -
Class A2 EUR None 59.70 -0.32 -0.53 05.Aug.2022 76.00 54.05 LU0171289068 -
Class A2 Hedged EUR None 50.33 0.24 0.48 05.Aug.2022 61.55 47.19 LU0255399742 -
Class A4 GBP Annual 50.36 -0.11 -0.22 05.Aug.2022 64.69 46.43 LU0204063480 -
Class D2 Hedged EUR None 54.19 0.27 0.50 05.Aug.2022 65.81 50.64 LU0827883280 -
Class D2 USD None 67.81 -0.47 -0.69 05.Aug.2022 99.65 62.74 LU0827883108 -
Class D2 EUR None 66.65 -0.36 -0.54 05.Aug.2022 84.27 60.28 LU0252965594 -
Class A2 JPY None 8,201.00 40.00 0.49 05.Aug.2022 9,867.00 7,642.00 LU0249411835 -
Class A2 Hedged USD None 16.21 0.08 0.50 05.Aug.2022 19.44 15.05 LU0931342652 -
Class D4 GBP Annual 52.15 -0.12 -0.23 05.Aug.2022 66.55 48.03 LU0827883017 -
Class D2 JPY None 9,155.00 44.00 0.48 05.Aug.2022 10,942.00 8,505.00 LU0496417709 -
Class I2 EUR - 13.44 -0.07 -0.52 05.Aug.2022 16.95 12.15 LU1822774011 -

Portfolio Managers

Portfolio Managers

Hiroki Takayama
Hiroki Takayama
Keitaro Kanai
Keitaro Kanai

Literature

Literature

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