BlackRock Global Funds - Emerging Europe Fund A2
Sub-fund of BlackRock Global Funds (SICAV domiciled in Luxembourg)
Fund is the popular name for UCI (Undertaking for Collective Investment). A UCI is an undertaking that brings together several investors and invests their deposited money in various investment products, such as stocks, bonds, cash, etc., in order to spread the risk.
Before you proceed with investing, you must read and evaluate the KIID and prospectus. The KIID sets out the objectives, investment policy, risks and benefits, and costs and past performance of the fund.
Source NAV www.beama.be
KEY INFORMATION
LEGAL DOCUMENTS
PERFORMANCE
ANALYSIS

Fund Profile

Category: SICAV

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 domiciled in, or the main business of which is in, emerging European countries or the Mediterranean region (countries bordering the Mediterranean Sea). The Fund may indirectly invest in emerging markets by investing in American Depository Receipts (ADRs) and Global Depositary Receipts (GDRs), which are listed or traded on stock exchanges and regulated markets outside emerging markets. ADRs and GDRs are investments issued by financial institutions which give exposure to underlying equity securities. 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). The Fund is actively managed, and the IA has discretion to select the Fund's investments. In doing so the IA will refer to the MSCI Emerging Markets Europe 10/40 Index when constructing the Fund’s portfolio, and also for risk management purposes to ensure that the active risk (i.e. degree of deviation from the index) taken by the Fund remains appropriate given the Fund’s investment objective and policy. The IA is not bound by the components or weighting of the Index when selecting investments. The IA may also use its discretion to invest in securities not included in the Index in order to take advantage of specific investment opportunities. However, the geographical scope of the investment objective and policy may have the effect of limiting the extent to which the portfolio holdings will deviate from the Index. The Index should be used by investors to compare the performance of the Fund. Recommendation: This Fund may not be appropriate for short-term investment. Your shares will be non-distributing (i.e. dividend income will be included in their value). Your shares will be denominated in Euro, the Fund's base currency. You can buy and sell your shares daily. The minimum initial investment for this share class is US$5,000 or other currency equivalent. For more information on the Fund, share/unit classes, risks and charges, please see the Fund's prospectus, available on the product pages at www.blackrock.com

Risk Profile
Significant risks that are not adequately reflected in the profile:

Liquidity risk
The fund may invest in securities that are not easily tradable on a stock exchange or similar market.
Counterparty risk
If a fund counterparty becomes insolvent, it can no longer, or only partially, pay outstanding obligations.
Currency risk
The fund can be adversely affected by exchange rate fluctuations.
Emerging market risk
The fund will be more volatile because these markets are typically smaller, less liquid and more sensitive to economic and political factors.
Event risk
This fund may be negatively affected by unforeseeable events such as devaluations or political events.

You will find all other risks associated with this fund in the prospectus.
Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Key Information
Closing Price 24/09/2021 137.13
Morningstar category Emerging Europe Equity
Currency EUR
Distribution status Capitalizing
ISIN LU0011850392
Inception Date 29/12/1995
Maturity date Unlimited
Management strategy (vs benchmark) Active
Minimum initial amount 100.00 EUR
Fees And Charges
Entry fee None
Tax on entry None
Custody fees None
Tax on returns
No
Tax on dividend N/A
Exit fee None
Tax on exit 1.32 (max. 4,000.00 EUR per fund)
Ongoing charge 2.04% of which 0.70% is paid to MeDirect
Fund management company
Address BlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager Name Sam Vecht
Manager Start Date 01/04/2009
Website www.blackrock.com
Total Net Assets (mil) 758.92 EUR (31/08/2021)
UCITS Yes
Administrator -

Legal Documents

It is possible that this fund applies swing pricing. Please consult the prospectus for more information.
Should you have any complaints, you may contact Compliance Officer MeDirect, Keizerinlaan 66, 1000 Brussel or via [email protected] or Ombudsfin, Ombudsman for financial disputes, North Gate II, Koning Albert II – laan 8 bus 2, 1000 Brussel or via [email protected]

Performance

Historical returns returns and the evolution of the NAV are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Sales charges (like entry- and exit fees ) and taxes are not included in the calculation of past performance. Management fees, administrative fees and other costs taken out of the fund assets have been taken in to account, as they are already included in the NAV.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year62.77%24/09/2021
3 years13.10%24/09/2021
5 years10.10%24/09/2021
10 years6.46%24/09/2021
Since launch11.58%24/09/2021
Cumulative performance in EUR
Performance
YTD 01/01/202128.99
1 month2.85
3 months4.34
6 months21.93
Quarterly Returns
Q 1Q 2Q 3Q 4
20218.43%13.46%--
2020-37.21%19.93%-7.79%25.74%
20199.26%14.88%-0.79%6.99%
2018-0.66%-3.81%-1.01%-6.57%
20172.20%-2.15%6.44%1.34%

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock98.06%0.00%98.06%
Bond0.08%0.00%0.08%
Cash2.38%0.51%1.87%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
25.3326.1821.67
Sharpe Ratio
1.730.610.59
Sortino Ratio
5.300.890.86
Positive Months9.0024.0038.00
Negative Months3.0012.0022.00
Worst Month-6.24-24.29-24.29
World Regions
Region%
Europe - Emerging73.42
Eurozone17.53
Asia - Emerging4.35
United Kingdom2.24
Stock Sector Weighting
Sector% of Equity
Energy35.19
Financial Services22.26
Basic Materials9.92
Consumer Cyclical
7.95
Consumer Defensive
6.73
Utilities5.94
Communication Services4.35
Technology3.70
Industrials1.51
Top 10 Holdings
HoldingSectorCountry% of Assets
PJSC Lukoil ADR EnergyRussia7.43
Sberbank of Russia PJSC Financial ServicesRussia6.98
OTP Bank PLC Financial ServicesHungary4.68
Gazprom PJSC ADR EnergyRussia4.63
Yandex NV Shs Class-A- Communication ServicesRussia4.35
Gazprom PJSC EnergyRussia3.92
NOVATEK PJSC GDR EnergyRussia3.80
Kaspi.kz JSC GDR TechnologyKazakhstan3.70
Greek Organisation of Football Prognostics SA Consumer CyclicalGreece3.20
Ozon Holdings PLC ADR Consumer CyclicalCyprus3.00
It is possible that some UCI presented in the portfolio are not offered in Belgium, please verify with our client service
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
All key information and documents must be reviewed before being able to Invest.