Equity

BGF US Basic Value Fund

Overview

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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

Performance

Performance

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  1y 3y 5y 10y Incept.
43.51 10.63 10.94 - 11.73
36.34 8.75 9.81 - 11.05
Benchmark (%)

as of 31-Mar-2021

40.28 11.58 12.66 - 13.71
  YTD 6m 1y 3y 5y 10y Incept.
12.14 26.46 43.51 35.39 68.08 - 155.25
6.53 20.14 36.34 28.62 59.67 - 142.49
Benchmark (%)

as of 31-Mar-2021

10.23 21.19 40.28 38.91 81.48 - 196.13
Performance of the Fund is calculated on NAV to NAV basis on the assumption that all dividends and distributions are reinvested, taking into account all charges which would have been payable upon such reinvestment.

Key Facts

Key Facts

Size of Fund (Millions) as of 14-Apr-2021 USD 919.176
Base Currency U.S. Dollar
Fund Inception 08-Jan-1997
Share Class Currency British Pound
Share Class Inception Date 18-Oct-2012
Additional Currencies Euro, Singapore Dollar, U.S. Dollar
Asset Class Equity
Morningstar Category US Large-Cap Value Equity
Benchmark Russell 1000 Value in GBP
Distribution Frequency N/A
ISIN LU0827886200
Bloomberg Ticker BUBVD2G
Management Fee (incl. Distribution Fee, if any) 0.75%
Initial Charge 5.00%

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of 31-Mar-2021 20.25
Average Market Cap (Millions) as of 31-Mar-2021 USD 136,506.76
Modified Duration as of 31-Mar-2021 0.01
3y Volatility as of 31-Mar-2021 19.32
3y Volatility - Benchmark as of 31-Mar-2021 16.89
3y Beta as of 31-Mar-2021 1.082
5yr Volatility as of 31-Mar-2021 16.27
5y Volatility - Benchmark as of 31-Mar-2021 14.48
5y Beta as of 31-Mar-2021 1.047
Since Share Inception – Volatility as of 31-Mar-2021 15.14
Since Share Inception Volatility – Benchmark as of 31-Mar-2021 13.15
Since Share Inception - Beta as of 31-Mar-2021 1.07

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, 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 ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07-Apr-2021 A
MSCI ESG Quality Score (0-10) as of 07-Apr-2021 6.14
MSCI ESG Quality Score - Peer Percentile as of 07-Apr-2021 75.24
MSCI ESG % Coverage as of 07-Apr-2021 97.28
Fund Lipper Global Classification as of 07-Apr-2021 Equity US
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Apr-2021 127.37
Funds in Peer Group as of 07-Apr-2021 3
All data is from MSCI ESG Fund Ratings as of 07-Apr-2021, based on holdings as of 31-Oct-2020. 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% of the fund’s gross weight must come from securities covered 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. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

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-Mar-2021 0.00%
MSCI - UN Global Compact Violators as of 31-Mar-2021 1.57%
MSCI - Nuclear Weapons as of 31-Mar-2021 0.00%
MSCI - Thermal Coal as of 31-Mar-2021 0.00%
MSCI - Civilian Firearms as of 31-Mar-2021 0.00%
MSCI - Oil Sands as of 31-Mar-2021 0.00%
MSCI - Tobacco as of 31-Mar-2021 1.90%

Business Involvement Coverage as of 31-Mar-2021 98.04%
Percentage of Fund not covered as of 31-Mar-2021 1.96%
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 0.94%.

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 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 integrates ESG criteria into screening, company research and portfolio construction tools. The data may include multiple third-party ESG vendors, BlackRock internal scoring, internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. ESG criteria are considered in combination with other information. The Fund manager conducts 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.

Holdings

Holdings

as of 31-Mar-2021
Name Weight (%)
CITIGROUP INC 3.68
WELLS FARGO 3.24
CISCO SYSTEMS INC 2.66
VERIZON COMMUNICATIONS INC 2.64
BANK OF AMERICA CORP 2.51
Name Weight (%)
GENERAL MOTORS 2.20
AMERICAN INTERNATIONAL GROUP INC 2.05
COMCAST CORP CLASS A 2.03
BAE SYSTEMS ADR PLC 2.01
SANOFI ADR REPRESENTING SA 2.00

Exposure Breakdowns

Exposure Breakdowns

as of 31-Mar-2021

% of Weight

Type Fund Benchmark Net
as of 31-Mar-2021

% of Weight

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of 31-Mar-2021

% of Weight

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.
Due to rounding, the total may not be equal to 100%

Ratings

Pricing & Exchange

Pricing & Exchange

Share Class Currency Distribution Frequency NAV NAV $ Change NAV % Change NAV As Of ISIN
D2 GBP N/A 89.00 0.60 0.68 14-Apr-2021 LU0827886200
D4 USD Annually 109.76 0.95 0.87 14-Apr-2021 LU0827886465
A2 Hedged EUR N/A 68.80 0.59 0.86 14-Apr-2021 LU0200685153
A2 USD N/A 109.77 0.95 0.87 14-Apr-2021 LU0072461881
A2 GBP N/A 79.67 0.55 0.70 14-Apr-2021 LU0171296279
A4 GBP Annually 78.53 0.54 0.69 14-Apr-2021 LU0204064967
D4 GBP Annually 79.50 0.54 0.68 14-Apr-2021 LU0827886549
A2 EUR N/A 91.80 0.64 0.70 14-Apr-2021 LU0171293920
D2 USD N/A 122.64 1.07 0.88 14-Apr-2021 LU0275209954
A4 USD Annually 108.36 0.94 0.88 14-Apr-2021 LU0162691827
D2 EUR N/A 102.56 0.72 0.71 14-Apr-2021 LU0827886119
A2 Hedged SGD N/A 20.68 0.18 0.88 14-Apr-2021 LU0602533316
A4 EUR Annually 90.62 0.63 0.70 14-Apr-2021 LU0213336463
D2 Hedged EUR N/A 73.30 0.63 0.87 14-Apr-2021 LU0329591993

Portfolio Managers

Portfolio Managers

Carrie King
Carrie King
Tony DeSpirito
Tony DeSpirito
Franco Tapia, CFA
Franco Tapia, CFA
Joseph Wolfe
Joseph Wolfe
David Zhao
David Zhao

Documents

Documents