Multi Asset

FR Multi-Asset 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. 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

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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 1 years.

  2019 2020 2021 2022 2023
Total Return (%) 14.2
Comparator Benchmark 1 (%) 11.7

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

  1y 3y 5y 10y Incept.
13.69 - - - 11.02
Comparator Benchmark 1 (%) 11.12 - - - 7.60
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
7.94 2.79 2.18 7.94 13.69 - - - 22.79
Comparator Benchmark 1 (%) 6.33 1.89 1.54 6.33 11.12 - - - 15.46
  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

- - - - 13.69
Comparator Benchmark 1 (%)

as of 30/Jun/2024

- - - - 11.12

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

Net Assets of Fund
as of 16/Jul/2024
EUR 309,570,130
Fund Launch Date
13/Jul/2022
Fund Base Currency
EUR
Comparator Benchmark 1
LGAINXEURH / MSDHGDMEUD / MSACWINREU
Initial Charge
0.00%
ISIN
IE000ROBEKT2
Performance Fee
0.00%
Minimum Subsequent Investment
USD 250,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
FRFCMIH
Share Class launch date
13/Jul/2022
Share Class Currency
USD
Asset Class
Multi Asset
SFDR Classification
Other
Ongoing Charges Figures
0.42%
Annual Management Fee
0.40%
Minimum Initial Investment
USD 250,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BNZH7S3

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28/Jun/2024
34
3y Beta
as of -
-
P/B Ratio
as of 28/Jun/2024
0.00
Modified Duration
as of 28/Jun/2024
2.04
Weighted Avg Maturity
as of 28/Jun/2024
3.91
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 28/Jun/2024
0.00
Yield to Maturity
as of 28/Jun/2024
2.05
Effective Duration
as of 28/Jun/2024
1.86

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.

Within its Solutions platform, the Fund manager determines strategic asset class exposures using climate-aware capital markets assumptions for all applicable accounts. For index-only accounts, The Fund manager includes ESG considerations in the research, monitoring and reporting phases of the investment process. This includes both BlackRock and third-party research and may feed into the initial investment decision. When making buy, hold and sell decisions, the team may take into consideration competitive advantages of allocating to vehicles that provide access to companies with stronger ESG characteristics, within a given industry. For open architecture accounts, the Fund manager conducts assessments for third-party active managers as part of an approval process. This assessment may consider whether managers have dedicated ESG resources or use internal ESG data, as well as the degree to which ESG is integrated into their investment processes. For equity managers, the Fund manager may also consider the strength of investment stewardship capabilities. The Fund manager may consider the ESG assessment alongside other relevant information from the Investment Due Diligence when selecting new active managers. For all accounts, the Fund manager aims to incorporate strategies with ESG-aligned investment objectives where these are consistent with fiduciary objectives, and designs custom ESG building blocks where feasible and appropriate. 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, where appropriate. The Fund manager also considers sustainability at the Strategic Asset Allocation level, where applicable, by adopting climate aware capital market assumptions. In addition, the Fund manager may be invested in underlying funds or strategies that align to an ESG or sustainability orientation objective where appropriate and consistent with client objectives.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective 31/May/2024)

Holdings

Holdings

as of 28/Jun/2024
Name Weight (%)
BLK SUS ADV US EQ FD X ACC USD 10.47
ISHARES MSCI USA ESG ENHANCE USD A 8.61
ISHS GLOBAL AGG BOND ESG EUR HD A 8.53
BLK SUS EQ FACTOR PLUS X ACC EUR 7.12
BGF EMERGING MARKETS FUND X2 EUR 5.16
Name Weight (%)
GBL UNCONSTRAINED EQ FD X ACC USD 4.70
BLK GL HY SUS CR SC FD X EUR HDG 4.62
ISHS $ TSY BOND 20+YR EUR HD D 3.65
BGF SUS FXD INC GBL OPP X2 EUR 2.67
BGF GLOBAL CORP BOND X2 EUR HEDGED 2.67
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
as of 28/Jun/2024

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/2024

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
Sorry, maturities are not available at this time.
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 Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class Inst Acc Hedged USD - 12.46 0.00 0.04 16/Jul/2024 12.46 10.35 IE000ROBEKT2
Class Inst Acc EUR - 11.68 0.00 0.03 16/Jul/2024 11.68 9.82 IE000MDHD3Q7
Class Inst Acc Hedged SEK - 116.36 0.04 0.03 16/Jul/2024 116.36 98.07 IE000H4ZI2S0

Portfolio Managers

Portfolio Managers

Victor Bozza
Victor Bozza

Literature

Literature