Equity

BGF FinTech Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

Investments in the technology securities are subject to absence or loss of intellectual property protections, rapid changes in technology, government regulation and competition. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. 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.

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

  • Returns

  From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-20

- - - - -5.79
  1y 3y 5y 10y Incept.
-5.79 - - - 3.19
  YTD 1m 3m 1y 3y 5y 10y Incept.
-22.40 -19.25 -22.40 -5.79 - - - 4.23

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in USD.

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

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Reinvestments

This product does not have any distributions data as of now.

Key Facts

Key Facts

Size of Fund (Millions) as of 07-Apr-20 USD 58.804
Base Currency U.S. Dollar
Fund Launch Date 04-Sep-18
Share Class launch date 05-Dec-18
Asset Class Equity
Morningstar Category Sector Equity Technology
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1917163963
Bloomberg Ticker BGFFI2E
Initial Charge -
Performance Fee -
SEDOL BGDMJH4
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

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 31-Mar-20
Name Weight (%)
WORLDLINE SA 5.67
FISERV INC 4.40
PAYPAL HOLDINGS INC 4.37
VISA INC CLASS A 4.36
FIDELITY NATIONAL INFORMATION SERV 4.34
Name Weight (%)
MASTERCARD INC CLASS A 4.27
GLOBAL PAYMENTS INC 4.06
WIRECARD AG 2.93
WEX INC 2.76
TYRO PAYMENTS LIMITED 2.67
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class I2 EUR - 8.65 0.49 6.00 11.80 6.87 - LU1917163963 - -
Class D2 EUR None 8.62 0.49 6.03 11.76 6.85 - LU1917163450 - -
Class D2 Hedged EUR None 8.92 0.59 7.08 12.18 7.03 - LU1861217757 - -
Class E2 Hedged EUR - 8.73 0.57 6.99 11.94 6.88 - LU1861217831 - -
Class A2 Hedged SGD None 9.07 0.59 6.96 12.43 7.15 - LU1861220207 - -
Class A2 USD None 9.28 0.62 7.16 12.56 7.30 - LU1861217088 - -
Class D2 USD None 9.40 0.62 7.06 12.72 7.39 - LU1861217161 - -
Class I2 Hedged EUR - 10.20 0.67 7.03 13.92 8.04 - LU1917164003 - -
Class A2 SEK None 92.48 4.55 5.17 123.20 74.77 - LU1861218052 - -
Class D2 Hedged GBP None 8.94 0.59 7.07 12.32 7.06 - LU1861217914 - -
Class I2 USD - 9.44 0.63 7.15 12.76 7.42 - LU1861217245 - -
Class A2 Hedged EUR None 8.81 0.58 7.05 12.03 6.94 - LU1861217674 - -
Class Z2 USD - 9.45 0.63 7.14 12.78 7.43 - LU1861217591 - -

Portfolio Managers

Portfolio Managers

Vasco Moreno
Director and portfolio manager

  

Literature

Literature