Equity

BlackRock Advantage Asia ex Japan Equity Fund

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. 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.

Overview

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Performance

Performance

Chart

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  1y 3y 5y 10y Incept.
31.83 1.52 7.42 - 5.15
26.56 0.15 6.55 - 4.47
Benchmark (%) 27.97 -1.39 4.62 - 3.36
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
18.26 -3.83 5.31 11.47 31.83 4.64 43.03 - 37.00
13.53 -7.68 1.09 7.01 26.56 0.46 37.31 - 31.52
Benchmark (%) 15.59 -4.60 5.47 11.52 27.97 -4.11 25.33 - 22.96

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 15.15 28.71 -3.27 -16.85 9.28
Benchmark (%) 18.17 25.02 -4.72 -19.67 5.98

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 USD, 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 03-Dec-2024
USD 76,178,528
Fund Inception
19-Jul-2018
Fund Base Currency
USD
Benchmark
-
Initial Charge
0.00%
ISIN
IE00BDDRH748
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade date + 3 days
Bloomberg Ticker
-
MAS ESG Fund
No
Share Class Inception Date
25-Jul-2018
Share Class Currency
USD
Asset Class
Equity
SFDR Classification
Article 8
Management Fee
0.90%
Management Fee (incl. Distribution Fee, if any)
0.90%
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Asia ex-Japan Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
BDDRH74

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31-Oct-2024
331
3y Beta
as of 31-Oct-2024
0.954
P/B Ratio
as of 31-Oct-2024
1.94
Since Share Inception – Annualised Volatility
as of 31-Oct-2024
18.81
Standard Deviation (3y)
as of 31-Oct-2024
18.91%
P/E Ratio
as of 31-Oct-2024
18.61
5Y Annualised Volatility
as of 31-Oct-2024
19.02

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-Nov-2024
A
MSCI ESG Quality Score (0-10)
as of 21-Nov-2024
5.99
Fund Lipper Global Classification
as of 21-Nov-2024
Equity Asia Pacific ex Japan
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 21-Nov-2024
158.46
MSCI ESG % Coverage
as of 21-Nov-2024
96.27
MSCI ESG Quality Score - Peer Percentile
as of 21-Nov-2024
14.29
Funds in Peer Group
as of 21-Nov-2024
672
MSCI Weighted Average Carbon Intensity % Coverage
as of 21-Nov-2024
97.70
All data is from MSCI ESG Fund Ratings as of 21-Nov-2024, based on holdings as of 30-Jun-2024. 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-Oct-2024
0.00%
MSCI - Nuclear Weapons
as of 31-Oct-2024
0.00%
MSCI - Civilian Firearms
as of 31-Oct-2024
0.00%
MSCI - Tobacco
as of 31-Oct-2024
0.00%
MSCI - UN Global Compact Violators
as of 31-Oct-2024
0.00%
MSCI - Thermal Coal
as of 31-Oct-2024
0.00%
MSCI - Oil Sands
as of 31-Oct-2024
0.00%

Business Involvement Coverage
as of 31-Oct-2024
99.99%
Percentage of Fund not covered
as of 31-Oct-2024
0.01%
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 0.47% and for Oil Sands 0.40%.

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

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Ratings

Ratings

Morningstar Rating

5 stars
As of 30-Nov-2024

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Effective 31-Oct-2024
Analyst-Driven % as of 31-Oct-2024
55.00
Data Coverage % as of 31-Oct-2024
98.00

Holdings

Holdings

as of 31-Oct-2024
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 9.92
TENCENT HOLDINGS LTD 5.29
SAMSUNG ELECTRONICS CO LTD 4.34
ALIBABA GROUP HOLDING LTD 2.94
AIA GROUP LTD 1.74
Name Weight (%)
INFOSYS LTD 1.67
HON HAI PRECISION INDUSTRY CO LTD 1.67
MEITUAN 1.62
DBS GROUP HOLDINGS LTD 1.57
BHARTI AIRTEL LTD 1.51

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-2024

% of Weight

Type Fund Benchmark Net
as of 31-Oct-2024

% of Weight

Type Fund Benchmark Net
as of 31-Oct-2024

% of Weight

Type Fund Benchmark Net

Pricing & Exchange

Pricing & Exchange

Share Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class A Acc USD 136.00 0.80 0.59 03-Dec-2024 146.17 108.74 IE00BDDRH748
Class D Hedged Acc GBP 130.47 0.78 0.60 03-Dec-2024 140.28 104.41 IE00BG1DFH12
Class D Acc GBP 111.60 0.38 0.34 03-Dec-2024 116.03 97.44 IE0000LZNVA1
Class D Hedged Acc CHF 117.05 0.68 0.59 03-Dec-2024 126.74 96.39 IE00BFZP7R03

Portfolio Managers

Portfolio Managers

Jeff Shen
Jeff Shen
Ryan Kim
Ryan Kim

Documents

Documents