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.
The fund invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater effect on the overall value of this fund. 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. 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.
Performance
Performance
Chart
Distributions
| Ex-Date | Total Distribution |
|---|
-
Returns
This chart shows the fund's performance as the percentage loss or gain per year over the last 3 years.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Total Return (%) | 26.6 | -30.4 | 10.7 | ||
| Constraint Benchmark 1 (%) | 26.1 | -25.1 | 9.7 |
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
| 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|
| Total Return (%) | 0.82 | -7.55 | - | - | 0.77 |
| Constraint Benchmark 1 (%) | -0.88 | -5.13 | - | - | 2.90 |
| YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | -7.36 | -4.79 | -3.25 | 13.40 | 0.82 | -20.99 | - | - | 2.99 |
| Constraint Benchmark 1 (%) | -7.20 | -5.97 | -3.31 | 12.38 | -0.88 | -14.61 | - | - | 11.65 |
| 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 |
- | - | 14.14 | -28.41 | 8.31 |
|
Constraint Benchmark 1 (%)
as of 31/Mar/2024 |
- | - | 14.46 | -21.40 | 7.41 |
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 HKD, 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
Key Facts
Key Facts
Portfolio Characteristics
Portfolio Characteristics
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.
Risk Indicator
Risk Indicator
Ratings
Holdings
Holdings
| Name | Weight (%) |
|---|---|
| EQUINIX REIT INC | 5.21 |
| PROLOGIS REIT INC | 4.67 |
| WELLTOWER INC | 4.45 |
| EXTRA SPACE STORAGE REIT INC | 4.16 |
| AVALONBAY COMMUNITIES REIT INC | 3.12 |
| Name | Weight (%) |
|---|---|
| VICI PPTYS INC | 3.11 |
| MITSUBISHI ESTATE CO LTD | 2.86 |
| LINK REAL ESTATE INVESTMENT TRUST | 2.82 |
| AGREE REALTY REIT CORP | 2.67 |
| REGENCY CENTERS REIT CORP | 2.49 |
Exposure Breakdowns
Exposure Breakdowns
Pricing & Exchange
Pricing & Exchange
| Investor Class | Currency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
|---|---|---|---|---|---|---|---|---|
| Class A6 Hedged | HKD | 93.91 | 0.41 | 0.44 | 31/May/2024 | 101.44 | 82.32 | LU2190626999 |
| Class A6 Hedged | SGD | 9.19 | 0.04 | 0.44 | 31/May/2024 | 9.96 | 8.11 | LU2190626643 |
| Class A2 | USD | 14.59 | 0.10 | 0.69 | 31/May/2024 | 15.43 | 12.44 | LU0842063009 |
| Class A10 | USD | 9.86 | 0.00 | 0.00 | 31/May/2024 | 10.83 | 8.85 | LU2533724196 |
| Class D6 | USD | 9.41 | 0.04 | 0.43 | 31/May/2024 | 10.08 | 8.16 | LU2521848999 |
| Class A6 | USD | 9.07 | 0.03 | 0.33 | 31/May/2024 | 9.77 | 7.92 | LU1499592464 |
| Class D2 USD | USD | 12.29 | 0.09 | 0.74 | 31/May/2024 | 12.96 | 10.44 | LU0842063264 |
| Class D2 Hedged | CHF | 9.45 | 0.06 | 0.64 | 31/May/2024 | 10.14 | 8.25 | LU1791183350 |
| Class A8 Hedged | CNH | 90.59 | 0.61 | 0.68 | 31/May/2024 | 97.11 | 78.87 | LU1499592621 |
Portfolio Managers
Portfolio Managers
