Multi Asset

BlackRock ESG Strategic Growth 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.

Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. 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. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.

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

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Performance

Performance

Chart

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This chart shows the fund's performance as the percentage loss or gain per year over the last 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 13.7 7.3 9.5 -12.0 8.3
Target Benchmark 1 (%) 5.3 4.7 4.6 5.9 9.1

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

  1y 3y 5y 10y Incept.
7.30 1.05 4.30 - 3.81
Target Benchmark 1 (%) 9.71 7.28 6.31 - 6.18
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
2.01 0.67 1.70 5.35 7.30 3.18 23.43 - 23.63
Target Benchmark 1 (%) 4.00 0.79 2.37 4.77 9.71 23.48 35.77 - 40.52
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of 31/Mar/2024

-3.21 19.88 4.64 -5.91 7.79
Target Benchmark 1 (%)

as of 31/Mar/2024

5.26 4.60 4.69 6.80 9.50

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 GBP, hedged share class benchmark performance is displayed in GBP.

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 14/Jun/2024
GBP 91,749,266
Fund Launch Date
28/Sept/2018
Fund Base Currency
GBP
Target Benchmark 1
Bank of England Base Rate +4.5%
Ongoing Charges Figures
0.29%
Annual Management Fee
0.22%
Minimum Initial Investment
GBP 100,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
GBP Flexible Allocation
Dealing Frequency
Daily, forward pricing basis
SEDOL
BFBFWY6
Share Class launch date
28/Sept/2018
Share Class Currency
GBP
Asset Class
Multi Asset
Initial Charge
0.00%
ISIN
GB00BFBFWY68
Performance Fee
0.00%
Minimum Subsequent Investment
GBP 100.00
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRSTGDA
Ongoing Charges Figure ex. Discount
0.29%
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/May/2024
352
3y Beta
as of 31/May/2024
2.062
P/B Ratio
as of 31/May/2024
2.92
Modified Duration
as of 31/May/2024
1.76
Weighted Avg Maturity
as of 31/May/2024
2.30
Standard Deviation (3y)
as of 31/May/2024
8.04%
P/E Ratio
as of 31/May/2024
24.65
Yield to Maturity
as of 31/May/2024
2.40
Effective Duration
as of 31/May/2024
1.66

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 incorporates ESG considerations throughout the investment process' macro outlook, idea generation, implementation tools, portfolio construction, risk management, ongoing monitoring and reporting. All research ideas generated for the Fund consider the potential impact from ESG-associated risks when appropriate, and these are documented as part of the investment process. Idea implementation uses a wide range of building blocks, including active mutual funds, index funds, ETFs, direct securities, derivatives, and third-party funds. The Fund manager reviews research ideas and asset allocation on a regular basis and reassesses the building blocks utilized to access research ideas. The choice of building block may be informed by ESG considerations. For strategies with an explicit ESG objective, certain building blocks are used to comply with those guidelines. Where an ESG focused building block becomes available, it may be considered as a replacement for standard market exposure when appropriate. Both the extent and impact of screens and integration may be considered in the context of the investment objective / investment style of particular strategies. The Fund manager may also build bespoke thematic baskets of securities, which are subject to BlackRock baseline screens in the first instance and where appropriate, additional screening criteria. The Fund manager may use E, S, and G criteria such as headline ESG and carbon footprint during the reporting phase. These are sourced from Aladdin or directly from third-party data providers, where available. The Fund manager conducts regular risk reviews between the investment team and BlackRock's Risk and Quantitative Analysis group as well as portfolio reviews with Chief Investment Officers. Where appropriate, 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.

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 BlackRock ESG Strategic Growth Fund, Class D, as of 31/Jan/2023 rated against 428 GBP Flexible Allocation Funds.

Holdings

Holdings

as of 31/May/2024
Name Weight (%)
ISHARES $ CORP BOND ESG UCIT USD D 7.48
ISHARES MSCI WORLD QUALITY F USD A 4.00
ISH MSCI USA SRI ETF USD ACC 3.57
ISHARES MSCI EUROPE SRI UCITS ETF 3.20
ISHARES MSCI WORLD SRI UCITS USD_D 3.15
Name Weight (%)
ISHARES PHYSICAL GOLD ETC 2.97
ISHARES EURO CORP BOND ESG UCITS 2.82
ISH MSCI EM SRI ETF USD ACC 2.78
TREASURY (CPI) NOTE 0.625 07/15/2032 2.78
ISHARES JPM EM LCAL GVT BD ETF DST 2.74
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, geographic exposures are not available at this time.
Sorry, geographic exposures are not available at this time.
as of 31/May/2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
Sorry, maturities are not available at this time.
Sorry, ratings are not available at this time.
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 D GBP 1.25 0.00 0.05 14/Jun/2024 1.25 1.12 GB00BFBFWY68
Class X GBP 1.27 0.00 0.05 14/Jun/2024 1.27 1.13 GB00BFBFX095
Class I GBP 1.25 0.00 0.05 14/Jun/2024 1.25 1.12 GB00BFBFWZ75

Portfolio Managers

Portfolio Managers

Adam Ryan
Managing Director and portfolio manager

Head of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes.

Lamiaa Chaabi
Director and portfolio manager

Member of the Diversified Strategies team within BlackRock’s Multi-Asset Strategies and Solutions (MASS) group.

Literature

Literature