Equity

BGF Emerging Europe 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. 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. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares.

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

Chart

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Distributions

Ex-Date Total Distribution
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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 (%) -14.3 0.3 25.2 7.9 -11.6 33.2 -12.7 22.9
Constraint Benchmark 1 (%) -19.7 -5.0 29.5 5.7 -6.6 32.5 -19.1 21.7

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

  1y 3y 5y 10y Incept.
- - - - -
Constraint Benchmark 1 (%) - - - - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
- 0.00 0.00 - - - - - -
Constraint Benchmark 1 (%) -66.27 11.97 18.03 9.84 - - - - -
  From
30-Sept-2017
To
30-Sept-2018
From
30-Sept-2018
To
30-Sept-2019
From
30-Sept-2019
To
30-Sept-2020
From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
Total Return (%)

as of 30/Sept/2022

-4.14 16.34 -25.72 65.56 -
Constraint Benchmark 1 (%)

as of 30/Sept/2022

0.54 16.67 -24.49 50.30 -

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 EUR.

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 28/Feb/2022
EUR 269,331,470
Fund Launch Date
29/Dec/1995
Fund Base Currency
EUR
Constraint Benchmark 1
MSCI Emerging Markets Europe 10/40 Index
Initial Charge
5.00%
Management Fee
1.75%
Performance Fee
0.00%
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGEEEA4
Share Class launch date
19/Jan/2009
Share Class Currency
EUR
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
2.07%
ISIN
LU0408221355
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Other Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
B3L15H4

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Nov/2024
18
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 29/Nov/2024
43.39
12 Month Trailing Dividend Distribution Yield
as of 31/Jul/2022
3.59
3y Beta
as of -
-
P/B Ratio
as of 29/Nov/2024
2.85

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.

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 Emerging Europe Fund, Class A4, as of 28/Feb/2022 rated against 35 Other Equity Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. (Effective 01/Feb/2019)
Analyst-Driven % as of -
-
Data Coverage % as of -
-

Holdings

Holdings

as of 29/Nov/2024
Name Weight (%)
NEBIUS NV CLASS A 73.97
SBERBANK ROSSII 0.01
GAZPROM 0.01
TATNEFT 0.00
NOVOLIPETSK STEEL 0.00
Name Weight (%)
NOVATEK 0.00
NK ROSNEFT 0.00
NOVABEV GROUP 0.00
MAGNITOGORSKIY METALLURGICHESKIY K 0.00
TATNEFT PREF 0.00
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund
as of 29/Nov/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 A4 EUR 47.63 -28.69 -37.59 28/Feb/2022 134.61 47.63 LU0408221355
Class D2 USD 68.33 -41.27 -37.66 28/Feb/2022 199.26 68.33 LU0827876581
Class A2 Hedged SGD 5.23 -3.11 -37.29 28/Feb/2022 14.62 5.23 LU0572106309
Class X4 GBP 40.21 -24.44 -37.80 28/Feb/2022 113.46 40.21 LU0513876275
Class D4 GBP 40.02 -24.35 -37.83 28/Feb/2022 113.45 40.02 LU0827876664
Class I2 EUR 5.22 -3.14 -37.56 28/Feb/2022 14.69 5.22 LU0368229539
Class A2 USD 60.16 -36.33 -37.65 28/Feb/2022 175.88 60.16 LU0171273575
Class D2 EUR 60.88 -36.68 -37.60 28/Feb/2022 171.62 60.88 LU0252967533
Class D2 Hedged GBP 46.94 -27.72 -37.13 28/Feb/2022 130.21 46.94 LU0827876748
Class A4 GBP 39.98 -24.33 -37.83 28/Feb/2022 113.64 39.98 LU0204061609
Class A2 EUR 53.60 -32.29 -37.59 28/Feb/2022 151.48 53.60 LU0011850392

Portfolio Managers

Portfolio Managers

Samuel Vecht
Samuel Vecht
Christopher Colunga
Christopher Colunga

Literature

Literature