BlackRock Global Funds - Japan Flexible Equity Fund A2 EUR Hedged
Sub-fund of BlackRock Global Funds (SICAV domiciled in Luxembourg)
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, Japan. Depending on market conditions, the Fund will aim to invest in equity securities of companies that are, in the investment adviser’s opinion, undervalued (i.e. their share price does not reflect their underlying worth) or have good growth potential. The investment adviser has discretion to select the Fund's investments and in doing so may take into consideration the MSCI Japan Index. 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). The Fund’s base currency is Japanese Yen. Shares for this class are bought and sold in Euro. The performance of your shares may be affected by this currency difference. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the base currency of the Fund. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. You can buy and sell your shares daily. The minimum initial investment for this share class is US$5,000 or 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

Morningstar Rating
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 13/12/20199.56
Morningstar categorySector Equity Other
CurrencyEUR
Distribution statusAccumulating
ISINLU0255399239
Inception Date29/05/2006
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.84% of which 0.60% is paid by the Fund Manager to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameRyoichi Hayashi
Manager Start Date01/01/2015
Websitewww.blackrock.com
Total Net Assets (mil)144.66 EUR (30/11/2019)
UCITSYes
AdministratorBlackRock (Luxembourg) SA

Legal Documents

Prospectus
en 20/05/2019
Annual Report
en 31/08/2018
Semi Annual Report
en 28/02/2019
Morningstar Report
16/12/2019

Performance

Historical returns 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.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year7.78%13/12/2019
3 years4.95%13/12/2019
5 years4.07%13/12/2019
10 years6.34%13/12/2019
Since launch-0.67%13/12/2019
Cumulative performance in EUR
Performance
YTD 01/01/201918.17%
1 month2.03%
3 months8.14%
6 months12.21%
Quarterly Returns
Q 1Q 2Q 3Q 4
20198.53%-1.71%2.20%-
2018-8.05%2.05%5.40%-18.69%
20171.70%5.73%4.97%8.29%
2016-13.70%-7.67%6.12%13.05%
20156.14%4.72%-12.74%11.24%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock100.07%0.00%100.07%
Bond0.00%0.00%0.00%
Cash5.14%5.21%-0.07%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
19.7216.0818.13
Sharpe Ratio
0.000.370.08
Sortino Ratio
0.000.490.11
Positive Months9.0026.0040.00
Negative Months3.0010.0020.00
Worst Month-11.20-11.20-11.20
World Regions
Region%
Japan100.07
Stock Sector Weighting
Sector% of Equity
Industrials21.95
Consumer Cyclical15.70
Technology14.29
Healthcare14.08
Financial Services10.52
Consumer Defensive9.69
Communication Services6.53
Energy2.85
Basic Materials2.77
Real Estate1.68
Top 10 Holdings
HoldingSectorCountry% of Assets
Toyota Motor Corp Consumer CyclicalJapan6.31
SoftBank Group Corp Communication ServicesJapan4.39
Sumitomo Mitsui Financial Group Inc Financial ServicesJapan3.99
Daikin Industries Ltd IndustrialsJapan3.82
Nidec Corp IndustrialsJapan3.73
Subaru Corp Consumer CyclicalJapan3.64
Murata Manufacturing Co Ltd TechnologyJapan3.53
Mitsui & Co Ltd EnergyJapan2.85
Hoya Corp HealthcareJapan2.84
Tokio Marine Holdings Inc Financial ServicesJapan2.79
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
9.56
Closing Price
All key information and documents must be reviewed before being able to Invest.