Equity

BGF US Basic Value 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 fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment.

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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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 24.1 2.1 20.1 -5.7 -5.9 24.2 -7.5 29.5 0.1 7.3
Target Benchmark 1 (%) 29.2 7.1 20.9 -0.2 -3.6 28.9 -5.7 34.7 -1.5 7.7

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

  1y 3y 5y 10y Incept.
13.34 8.03 8.85 8.12 6.09
Target Benchmark 1 (%) 15.09 9.14 10.34 10.91 8.67
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
9.03 1.03 -1.09 9.03 13.34 26.06 52.81 118.34 260.18
Target Benchmark 1 (%) 9.90 0.34 -1.41 9.90 15.09 30.02 63.54 181.77 506.11
  From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
From
30-Jun-2022
To
30-Jun-2023
From
30-Jun-2023
To
30-Jun-2024
Total Return (%)

as of 30/Jun/2024

-10.42 35.31 5.42 5.51 13.34
Target Benchmark 1 (%)

as of 30/Jun/2024

-7.57 36.08 5.70 6.88 15.09

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 22/Jul/2024
USD 782,572,836
Fund Launch Date
08/Jan/1997
Fund Base Currency
USD
Target Benchmark 1
Russell 1000 Value Index
Initial Charge
5.00%
ISIN
LU0171293920
Performance Fee
0.00%
Minimum Subsequent Investment
-
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
MLRBVAA
Share Class launch date
31/Oct/2002
Share Class Currency
EUR
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
1.81%
Annual Management Fee
1.50%
Minimum Initial Investment
EUR 5,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
US Large-Cap Value Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
7552548

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28/Jun/2024
92
3y Beta
as of 30/Jun/2024
0.791
P/B Ratio
as of 28/Jun/2024
1.66
Standard Deviation (3y)
as of 30/Jun/2024
11.77%
P/E Ratio
as of 28/Jun/2024
13.15

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 integrates ESG criteria into screening, company research and portfolio construction tools. The criteria may include data from 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, where appropriate, 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

Holdings

Holdings

as of 28/Jun/2024
Name Weight (%)
WELLS FARGO 3.66
CITIGROUP INC 3.15
FIRST CITIZENS BANCSHARES INC CLAS 2.49
SHELL PLC 2.38
SAMSUNG ELECTRONICS GDS REPRESENT 2.33
Name Weight (%)
BP ADR EACH REPRESENTING SIX PLC 2.26
AMERICAN INTERNATIONAL GROUP INC 2.25
CVS HEALTH CORP 2.24
FIDELITY NATIONAL INFORMATION SERV 2.20
COMCAST CORP CLASS A 2.06
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28/Jun/2024

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class A2 EUR 118.77 -0.85 -0.71 22/Jul/2024 121.27 99.68 LU0171293920
Class A2 Hedged SGD 23.39 -0.17 -0.72 22/Jul/2024 23.95 19.40 LU0602533316
Class A2 Hedged EUR 74.92 -0.55 -0.73 22/Jul/2024 76.71 62.17 LU0200685153
Class A2 Hedged CNH 204.03 -1.52 -0.74 22/Jul/2024 208.96 170.21 LU1333800354
Class A4 GBP 98.21 -0.69 -0.70 22/Jul/2024 101.25 85.49 LU0204064967
Class D2 USD 147.96 -1.07 -0.72 22/Jul/2024 151.50 120.40 LU0275209954
Class D4 GBP 99.71 -0.69 -0.69 22/Jul/2024 102.64 86.33 LU0827886549
Class A4 EUR 116.78 -0.83 -0.71 22/Jul/2024 119.23 98.00 LU0213336463
Class A4 USD 127.05 -0.93 -0.73 22/Jul/2024 130.10 103.95 LU0162691827
Class A10 USD 11.05 -0.08 -0.72 22/Jul/2024 11.31 9.54 LU2533723545
Class A2 GBP 100.04 -0.70 -0.69 22/Jul/2024 103.13 87.08 LU0171296279
Class D2 GBP 114.54 -0.79 -0.68 22/Jul/2024 117.91 99.16 LU0827886200
Class A2 USD 129.23 -0.94 -0.72 22/Jul/2024 132.32 105.73 LU0072461881
Class D2 Hedged EUR 81.79 -0.59 -0.72 22/Jul/2024 83.74 67.50 LU0329591993
Class D4 USD 129.06 -0.93 -0.72 22/Jul/2024 132.14 105.02 LU0827886465
Class I2 USD 147.58 -1.06 -0.71 22/Jul/2024 151.10 119.87 LU0368249990
Class D2 EUR 135.99 -0.97 -0.71 22/Jul/2024 138.85 113.51 LU0827886119

Portfolio Managers

Portfolio Managers

Tony DeSpirito
Tony DeSpirito
David Zhao
David Zhao

Literature

Literature