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. Non-investment 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. 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. The prices of commodities tend to experience greater variations than other asset classes (e.g. equities or fixed income securities). Investments in commodities are therefore potentially riskier than other types of investments.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
Performance
Performance
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Returns
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 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
Portfolio Characteristics
Portfolio Characteristics
Sustainability Characteristics
Sustainability Characteristics
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. MSCI Ratings are currently unavailable for this fund.
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.
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
ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of 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, but rather describes how ESG information is considered as part of the overall investment process.
Within its Solutions platform, the Fund manager conducts assessments for all third-party active managers as part of an approval process: this assessment considers whether managers have dedicated ESG resources or use internal ESG data, as well as the degree to which ESG is fully integrated into the investment process. For equity managers, the Fund manager also considers the strength of investment stewardship capabilities. The assessment results in an internal manager-specific ESG rating based on the level of ESG integration. The Fund manager considers these ratings when selecting new active managers. The Fund manager includes ESG criteria in Portfolio Construction Review meetings. The Fund manager reviews internal ESG ratings in manager research reviews. The Fund manager conducts regular portfolio risk reviews between the investment team and BlackRock’s Risk and Quantitative Analysis group. These reviews include discussion of portfolio exposure to material environmental, social and governance risks.
Risk Indicator
Risk Indicator
Ratings
Holdings
Holdings
| Name | Weight (%) |
|---|---|
| BLK SUS ADV US EQ FD X ACC USD | 9.74 |
| ISHARES MSCI USA ESG ENHANCE USD A | 7.90 |
| BLK SUS EQ FACTOR PLUS X ACC EUR | 6.82 |
| ISHS GLOBAL AGG BOND ESG EUR HD A | 5.67 |
| BSF Global Real Asset Sec X2 USD | 5.05 |
| Name | Weight (%) |
|---|---|
| BGF EMERGING MARKETS FUND X2 EUR | 4.95 |
| GBL UNCONSTRAINED EQ FD X ACC USD | 4.90 |
| ISHS $ TSY BOND 20+YR EUR HD D | 4.55 |
| BLK GL HY SUS CR SC FD X EUR HDG | 4.15 |
| ISHARES MSCI EUROPE ESG ENHA EUR A | 2.73 |
Exposure Breakdowns
Exposure Breakdowns
% of Market Value
Pricing & Exchange
Pricing & Exchange
| Investor Class | Currency | Distribution Frequency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN | TIS |
|---|---|---|---|---|---|---|---|---|---|---|
| Class Inst Acc Hedged | USD | - | 10.58 | 0.04 | 0.35 | 30/May/2023 | 10.67 | 9.55 | IE000ROBEKT2 | - |
| Class Inst Acc | EUR | - | 10.11 | 0.04 | 0.35 | 30/May/2023 | 10.19 | 9.29 | IE000MDHD3Q7 | - |
| Class Inst Acc Hedged | SEK | - | 100.99 | 0.37 | 0.37 | 30/May/2023 | 101.75 | 92.78 | IE000H4ZI2S0 | - |
Portfolio Managers
Portfolio Managers
