Equity

BGF Sustainable Energy 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. The fund invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater effect on the overall value of this fund. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. Compared to more established economies, the value of investments in developing Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability.

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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Key Risks

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. Investments in the new energy securities are subject to environmental or sustainability concerns, taxes, government regulation, price and supply fluctuations. Investments in the new energy securities are subject to environmental or sustainability concerns, taxes, government regulation, price and supply fluctuations.
Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Jun/2026
49
P/E Ratio
as of 30/Jun/2026
28.61
Standard Deviation (3y)
as of 30/Jun/2026
17.76%
P/B Ratio
as of 30/Jun/2026
3.05

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

4 stars
Overall Morningstar Rating for BGF Sustainable Energy Fund, Class A2, as of 30/Jun/2026 rated against 242 Sector Equity Alternative Energy Funds.

Holdings

Holdings

as of 30/Jun/2026
Name Weight (%)
CONTEMPORARY AMPEREX TECHNOLOGY CO LTD 4.83
NEXTERA ENERGY INC 4.73
NEXTPOWER INC 4.56
NATIONAL GRID PLC 4.29
EDP RENEWABLES SA 3.91
Name Weight (%)
TE CONNECTIVITY PLC 3.68
LINDE PLC 3.32
SIEMENS ENERGY AG 3.27
NEXANS SA 3.21
KINGSPAN GROUP PLC 3.15
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30/Jun/2026

% of Market Value

Type Fund Benchmark Net
as of 30/Jun/2026

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 30/Jun/2026

% 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 20.98 -0.02 -0.10 23/Jul/2026 22.70 15.32 LU0171289902
Class A2 Hedged EUR 20.02 0.06 0.30 22/Jul/2026 21.84 15.23 LU1822773807
Class A2 Hedged CNH 134.46 0.39 0.29 22/Jul/2026 146.78 102.53 LU2298322392
Class A2 Hedged CAD 13.70 0.04 0.29 22/Jul/2026 14.95 10.35 LU2298321741
Class A2 Hedged NZD 13.58 0.04 0.30 22/Jul/2026 14.83 10.29 LU2298322046
Class A2 Hedged HKD 139.28 0.41 0.30 22/Jul/2026 151.72 104.95 LU2298322129
Class A4 GBP 17.75 0.00 0.00 23/Jul/2026 19.43 13.15 LU0204063720
Class A4 EUR 20.75 -0.01 -0.05 23/Jul/2026 22.45 15.15 LU0408221868
Class I2 USD 28.25 0.08 0.28 22/Jul/2026 30.67 20.78 LU0534476519
Class D2 Hedged SGD 12.07 0.03 0.25 22/Jul/2026 13.17 9.17 LU2419774711
Class I5 EUR 14.58 0.04 0.28 22/Jul/2026 15.75 10.57 LU2452424331
Class D2 EUR 24.51 -0.02 -0.08 23/Jul/2026 26.51 17.77 LU0252964944
Class A10 USD 13.72 0.04 0.29 22/Jul/2026 15.01 10.86 LU2533724782
Class A2 Hedged AUD 13.32 0.04 0.30 22/Jul/2026 14.50 9.97 LU2298321584
Class A2 USD 23.86 -0.10 -0.42 23/Jul/2026 26.05 17.80 LU0124384867
Class I2 EUR 24.73 -0.02 -0.08 23/Jul/2026 26.74 17.89 LU0368234703
Class A4 USD 23.76 0.07 0.30 22/Jul/2026 25.83 17.65 LU0724618433
Class A2 Hedged GBP 13.80 0.05 0.36 22/Jul/2026 15.02 10.31 LU2298321824
Class A2 Hedged SGD 22.82 0.06 0.26 22/Jul/2026 24.93 17.45 LU1978683503
Class D4 GBP 19.06 0.00 0.00 23/Jul/2026 20.85 14.04 LU0435534705
Class D4 EUR 21.99 0.06 0.27 22/Jul/2026 23.76 15.95 LU0827885574
Class D2 USD 27.88 -0.12 -0.43 23/Jul/2026 30.40 20.64 LU0252969661
Class I4 USD 14.07 0.04 0.29 22/Jul/2026 15.28 10.39 LU2360107754

Portfolio Managers

Portfolio Managers

Alastair Bishop
Alastair Bishop
Lindsay Sinclair
Lindsay Sinclair

Literature

Literature