Equity

BlackRock Developed Markets Sustainable Equity Fund (UK)

  • Bid price as of 22/Nov/2024 GBP 2.38
  • Offer price as of 22/Nov/2024 GBP 2.38

Overview

Investment Approach

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) over the medium to long term (3 to 5 or more consecutive years beginning at the point of investment) in a manner consistent with the principles of sustainable investing. The Fund invests globally at least 70% of its total assets in the equity securities (i.e. shares) of companies domiciled in, or whose main business is in, global developed markets. The Fund may also invest in emerging market companies. The Investment Manager (IM) seeks to invest in a portfolio of companies that it considers sustainable, which are identified for this purpose as being companies with strong environmental, social and governance (ESG) credentials, companies developing stronger ESG credentials and/or companies that produce, or otherwise enable, products and services that the Investment Manager considers are sustainability-focused. The ESG credentials looked for include (but are not limited to): companies with low absolute and relative resource intensity, improving resource efficiency, helping others to reduce their use of resources, commitment to high health and safety standards, commitment to human capital management, fostering sustainable relationships with suppliers and customers, strong risk mitigation, capital allocation and remuneration supportive of long-term strategy and/or thoughtful board composition as it relates to diversity and the focus of its members.

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 value of your investment and the income from it will vary and your initial investment amount is not guaranteed.


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.

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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Distributions

This product does not have any distributions data as of now.
Ex-Date Total Distribution
For more information: 0800 445 522 • www.blackrock.com • investor.services@blackrock.com

This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 5.8 4.5 25.0 9.7 -6.0 18.4 2.6 18.0 -14.3 11.3
Constraint Benchmark 1 (%) 10.6 3.3 28.7 13.2 -3.8 21.7 12.7 20.8 -7.8 16.8

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 (%) 22.50 3.41 5.96 7.74 8.52
Constraint Benchmark 1 (%) 26.17 8.68 11.89 11.80 12.31
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 11.76 0.16 0.26 2.57 22.50 10.58 33.55 110.70 167.90
Constraint Benchmark 1 (%) 15.52 2.26 2.35 8.23 26.17 28.37 75.33 205.17 305.41
  From
30-Sept-2019
To
30-Sept-2020 		From
30-Sept-2020
To
30-Sept-2021 		From
30-Sept-2021
To
30-Sept-2022 		From
30-Sept-2022
To
30-Sept-2023 		From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

-1.15 16.61 -10.02 6.05 18.08
Constraint Benchmark 1 (%)

as of 30/Sept/2024

5.27 22.13 -2.93 11.54 20.50

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 GBP, hedged share class benchmark performance is displayed in GBP.

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 22/Nov/2024
GBP 101,930,024
Fund Launch Date
31/Jan/2000
Fund Base Currency
GBP
Constraint Benchmark 1
MSCI World Index
Investment Association Category
Global
Ongoing Charges Figures
0.92%
ISIN
GB00B8DDP952
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Global Large-Cap Growth Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
B8DDP95
Share Class launch date
10/Oct/2012
Share Class Currency
GBP
Asset Class
Equity
SFDR Classification
Other
Initial Charge
0.00%
Management Fee
0.75%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRGEQDI
Ongoing Charges Figure ex. Discount
0.92%
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
31
Standard Deviation (3y)
as of 31/Oct/2024
12.07%
P/E Ratio
as of 31/Oct/2024
34.06
12 Month Trailing Dividend Distribution Yield
as of 31/Oct/2024
0.33
3y Beta
as of 31/Oct/2024
0.907
P/B Ratio
as of 31/Oct/2024
7.09

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.

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
MICROSOFT CORP 7.31
SERVICENOW INC 4.94
UNITEDHEALTH GROUP INC 4.60
INTERCONTINENTAL EXCHANGE INC 4.33
HUBBELL INC 4.32
Name Weight (%)
SALESFORCE INC 4.30
MASTERCARD INC CLASS A 4.24
APPLIED MATERIAL INC 4.08
OTIS WORLDWIDE CORP 3.90
CHARLES SCHWAB CORP 3.78
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/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 Bid Price Offer Price ISIN
Class D GBP 2.38 2.38 GB00B8DDP952
Class X ACC GBP 1.67 1.67 GB00BFBFW576
Class A GBP 2.56 2.56 GB0000646421
Class A GBP 2.33 2.34 GB0000645019
Class D GBP 2.82 2.82 GB00B4XLYS34

Portfolio Managers

Portfolio Managers

Olivia Treharne
Olivia Treharne
Molly Greenen
Molly Greenen

Literature

Literature