Equity

BGF Asian Dragon Fund

  • NAV as of 13/May/2026 SGD 10.82
  • 1 Day NAV Change as of 13/May/2026 SGD 0.03 (0.28%)

Overview

Investment Approach


The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets.

The Fund invests at least 70% of its total assets in the equity securities (e.g. shares) of companies which are domiciled in, or the main business of which is in, Asia excluding Japan. Many of these countries are developing countries.

The investment adviser (IA) may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to achieve the investment objective of the Fund, and/or to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets).

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

This chart has been left intentionally blank as there is less than one year's performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

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

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 Risks
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, failed/delayed delivery of securities or payments to the Fund and sustainability-related 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.
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. Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

Key Facts

Key Facts

Net Assets of Fund
as of 13/May/2026
USD 918,117,438
Fund Launch Date
02/Jan/1997
Fund Base Currency
USD
Constraint Benchmark 1
MSCI AC Asia ex Japan Index (Net)
Initial Charge
0.00%
Management Fee
0.60%
Performance Fee
-
Minimum Subsequent Investment
USD 1,000.00
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGFADSH
Share Class launch date
25/Feb/2026
Share Class Currency
SGD
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
0.93%
ISIN
LU3238194594
Minimum Initial Investment
USD 50,000,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BVQZT64

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Apr/2026
46
3y Beta
as of -
-
P/B Ratio
as of 30/Apr/2026
3.56
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 30/Apr/2026
23.19

Risk Indicator

Risk Indicator

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

Ratings

Holdings

Holdings

as of 30/Apr/2026
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 9.33
SAMSUNG ELECTRONICS CO LTD 9.15
SK HYNIX INC 5.92
TENCENT HOLDINGS LTD 5.77
ASE TECHNOLOGY HOLDING CO LTD 4.74
Name Weight (%)
ALCHIP TECHNOLOGIES LTD 3.46
GOLD CIRCUIT ELECTRONICS LTD 2.96
OVERSEA-CHINESE BANKING CORPORATION LTD 2.86
ICICI BANK LTD 2.81
AIRTAC INTERNATIONAL GROUP 2.80
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30/Apr/2026

% of Market Value

Type Fund Benchmark Net
as of 30/Apr/2026

% of Market Value

Type Fund Benchmark Net
as of 30/Apr/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 S2 Hedged SGD 10.82 0.03 0.28 13/May/2026 10.92 8.50 LU3238194594
Class S2 USD 10.90 0.03 0.28 13/May/2026 11.00 8.54 LU3238194081
Class S2 Hedged CHF 10.77 0.03 0.28 13/May/2026 10.87 8.47 LU3238194164
Class S2 Hedged EUR 10.81 0.03 0.28 13/May/2026 10.91 8.49 LU3238194248
Class A2 GBP 55.56 0.16 0.29 13/May/2026 55.60 36.07 LU0171270639
Class D2 Hedged SGD 10.82 0.04 0.37 13/May/2026 10.91 8.50 LU3238193786
Class I2 Hedged AUD 16.98 0.05 0.30 13/May/2026 17.13 11.02 LU1664188957
Class D2 USD 86.13 0.28 0.33 13/May/2026 86.88 55.40 LU0411709560
Class A2 Hedged PLN 203.68 0.66 0.33 13/May/2026 205.47 133.01 LU1499592209
Class A5 GBP 10.88 0.03 0.28 13/May/2026 10.89 8.69 LU3238193604
Class D2 Hedged EUR 21.10 0.06 0.29 13/May/2026 21.29 13.96 LU1279613522
Class D3 USD 10.88 0.04 0.37 13/May/2026 10.97 8.52 LU3238193869
Class A2 Hedged CHF 18.04 0.06 0.33 13/May/2026 18.21 12.28 LU1279613100
Class D2 Hedged CHF 19.53 0.06 0.31 13/May/2026 19.71 13.20 LU1279613282
Class D2 GBP 63.72 0.18 0.28 13/May/2026 63.77 41.08 LU0827875187
Class X4 GBP 51.27 0.16 0.31 13/May/2026 51.30 33.28 LU0462858753
Class I5 GBP 10.90 0.04 0.37 13/May/2026 10.90 8.70 LU3238193943
Class D4 GBP 53.59 0.16 0.30 13/May/2026 53.62 34.80 LU0827875260
Class I4 GBP 15.50 0.05 0.32 13/May/2026 15.51 10.07 LU1260044513
Class A2 Hedged SGD 20.86 0.07 0.34 13/May/2026 21.05 13.94 LU1048588211
Class A2 Hedged EUR 19.46 0.06 0.31 13/May/2026 19.64 12.97 LU1279613365
Class A2 EUR 64.14 0.32 0.50 13/May/2026 64.28 42.70 LU0171269466
Class D2 EUR 73.55 0.37 0.51 13/May/2026 73.71 48.63 LU0329592298
Class I2 EUR 20.06 0.10 0.50 13/May/2026 20.10 13.23 LU1250987382
Class I2 USD 23.49 0.08 0.34 13/May/2026 23.69 15.07 LU1214678440
Class I4 USD 20.95 0.07 0.34 13/May/2026 21.13 13.57 LU1250982748
Class S2 Hedged GBP 10.86 0.03 0.28 13/May/2026 10.96 8.52 LU3238194321
Class A2 Hedged AUD 22.01 0.07 0.32 13/May/2026 22.20 14.43 LU1023056804
Class D2 Hedged AUD 34.38 0.11 0.32 13/May/2026 34.68 22.38 LU1697774625
Class I4 EUR 17.91 0.09 0.51 13/May/2026 17.95 11.93 LU1330249480
Class A2 USD 75.10 0.24 0.32 13/May/2026 75.76 48.67 LU0072462343
Class A4 GBP 52.78 0.15 0.29 13/May/2026 52.82 34.29 LU0204061278

Portfolio Managers

Portfolio Managers

Matt Colvin
Matt Colvin
Lucy Liu (INV)
Lucy Liu (INV)

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.

Literature

Literature