• The Fund invests in other Collective Investment Schemes (“underlying CIS”) which may include those not regulated by the Securities and Futures Commission of Hong Kong (“SFC”). The underlying CIS may not achieve their investment objectives and strategies which may have negative impacts to the Fund’s net asset value (“NAV”). The Fund may incur additional costs when investing into underlying CIS. Such underlying CIS may have insufficient liquidity to meet the Fund’s redemption requests. There may be potential conflicts of interest where the Fund invests in underlying CIS managed by one or more affiliates of the BlackRock Group.
• The Fund’s NAV may be adversely impacted by investing in index funds (including exchange traded funds (“ETFs”)), which are not actively managed and are subject to tracking error risk of the relevant underlying index’s returns. ETFs’ units may trade at a substantial premium or discount to the ETFs’ NAV due to market factors such as demand and supply, which may in turn adversely affect the Fund’s NAV.
• There is no assurance that the Fund will in all cases be within the target level of portfolio risk. When market risk levels change substantially over short periods, maintaining the target level of portfolio risk may have negative impact on the Fund’s NAV due to increased operating expenses.
• The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund may have exposure to debt securities that are subject to actual or perceived ratings downgrade. An increase in interest rates may adversely affect the value of the bonds. Investment in non-investment grade and unrated bonds may be subject to higher default, volatility and liquidity risks. Investment in bonds issued or guaranteed by governments or authorities may also involve political, economic, default or other risks. Investment in urban investment bonds issued by Chinese local government financing vehicles (“LGFVs”) are subject to default risk of the LGFVs.
• The Fund is subject to concentration risk in certain countries, regions or sectors, currency risks, securities lending counterparty risks, and currency conversion risk including Renminbi denominated Classes.
• Class 6 Shares and Class 10 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Paying dividends gross of expenses may result in more income being available for distribution; however these shares may effectively pay dividends from capital – may amount to a partial return or withdrawal of an investor’s original investment or capital gains. All declared dividends result in an immediate reduction in the NAV price of the share class on the ex-dividend date.
• The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage.
• The value of the Fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount of your investment could be lost.
• Investors should not make investment decisions based on this document alone. Investors should refer to the Prospectus and Key Facts Statement for details including risk factors.
Overview
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
Chart
Distributions
Ex-Date | Distribution |
---|
-
Returns
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Total Return (%) | 12.96 |
If the share class of the fund has been launched for less than 5 years, please refer to the fund factsheet for the performance information calculated from the launch date to the end of launch year.
Performance is calculated based on the calendar year end, NAV-to-NAV with dividend reinvested.
These figures show by how much the Share Class of the Fund increased or decreased in value during the calendar year being shown. Performance is calculated in the relevant Share Class currency, including ongoing charges and taxes and excluding subscription and redemption fees, if applicable.
Where no past performance is shown there was insufficient data available in that calendar year to provide performance.
Please refer to the Key Facts section on the right for the inception date of the Fund and the Share Class.
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 (%) | 15.97 | - | - | - | 2.54 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 11.00 | 2.39 | 1.96 | 7.88 | 15.97 | - | - | - | 7.46 |
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
Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.
The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics 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 methodologies behind Sustainability Characteristics using the links below.
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.
ESG Integration
ESG Integration
Ratings
Ratings
Holdings
Holdings
Name | Weight (%) |
---|---|
ISHARES MSCI USA UCITS ETF USD ACC | 16.07 |
ISHARES CORE S&P 500 UCITS ETF USD | 14.55 |
ISHARES CORE EUR GOVT BOND UCI EUR | 10.09 |
ISHARES CORE MSCI EUROPE UCITS ETF | 8.34 |
ISH $ TRES BND 7-10 ETF USD | 6.42 |
Name | Weight (%) |
---|---|
ISHARES MSCI EMERGING MARKETS UCIT | 5.14 |
ISHARES $ CORP BOND UCITS ETF USD | 5.03 |
ISH CORE UK GLTS ETF GBP DIST | 4.97 |
ISHARES CORE EURO CORP BOND ETF | 4.73 |
ISHARES BROAD EUR HIGHYIELDCORPORA | 4.01 |
Exposure Breakdowns
Exposure Breakdowns
% of Weight
Due to rounding, the total may not be equal to 100%
Pricing & Exchange
Pricing & Exchange
Share Class | Currency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
---|---|---|---|---|---|---|---|---|
A10 Hedged | USD | 9.43 | -0.02 | -0.21 | 17-Dec-2024 | 9.54 | 8.70 | LU2368540600 |
A10 Hedged | AUD | 9.31 | -0.03 | -0.32 | 17-Dec-2024 | 9.44 | 8.69 | LU2368536590 |
A6 Hedged | HKD | 103.51 | -0.30 | -0.29 | 17-Dec-2024 | 104.39 | 94.00 | LU2368540949 |
A6 Hedged | AUD | 10.65 | -0.03 | -0.28 | 17-Dec-2024 | 10.74 | 9.69 | LU2368536327 |
A2 Hedged | CAD | 11.63 | -0.03 | -0.26 | 17-Dec-2024 | 11.73 | 10.36 | LU2501013846 |
A10 Hedged | GBP | 10.38 | -0.03 | -0.29 | 17-Dec-2024 | 10.51 | 9.64 | LU2501015114 |
A2 Hedged | CNH | 108.72 | -0.31 | -0.28 | 17-Dec-2024 | 109.69 | 98.55 | LU2368541160 |
A10 Hedged | CNH | 92.70 | -0.26 | -0.28 | 17-Dec-2024 | 94.42 | 87.27 | LU2368538455 |
A6 Hedged | USD | 10.69 | -0.03 | -0.28 | 17-Dec-2024 | 10.78 | 9.60 | LU2368540519 |
A2 | EUR | 10.02 | -0.03 | -0.30 | 17-Dec-2024 | 10.11 | 9.77 | LU2885244918 |
D2 Hedged | USD | 10.88 | -0.03 | -0.27 | 17-Dec-2024 | 10.97 | 9.55 | LU2368536673 |
A2 Hedged | HKD | 104.62 | -0.31 | -0.30 | 17-Dec-2024 | 105.52 | 93.30 | LU2368540865 |
A10 Hedged | HKD | 91.80 | -0.26 | -0.28 | 17-Dec-2024 | 92.99 | 85.34 | LU2368538703 |
A10 Hedged | CAD | 10.36 | -0.03 | -0.29 | 17-Dec-2024 | 10.53 | 9.71 | LU2501014810 |
A2 Hedged | USD | 10.75 | -0.03 | -0.28 | 17-Dec-2024 | 10.84 | 9.46 | LU2368540436 |