BlackRock Global Funds - Sustainable Energy Fund A2 Acc EUR

貝萊德全球基金 - 可持續能源基金 A2類 Acc 歐元

LU0171289902

Risk Rating: Level 4

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.75%

HKD4,000.00Min. Subscription

EUR

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

14:00

2021-05-12

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-2.91%
3 mth
-0.07%
6 mth
+15.32%
1 yr
+63.36%
3 yr
+76.32%
5 yr
+111.48%

Analytical Figures (3 years)

Annualized Return
+20.81%
Annualized Volatility
+20.04%
Sharpe Ratio
+1.02

Fund Information

Fund Houses
BlackRock Asset Management North Asia Limited
Launch Date
2001-04-05
Fund Manager
Alastair Bishop
Charlie Lilford
Manager Start Date
Alastair Bishop (Mgr Start Date 2015-11-02) Charlie Lilford (Mgr Start Date 2018-03-01)
Geographical Focus
Global
Asset Class/ Sector
Equity - Commodity
Risk Rating
Risk Level 4

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2021-04-29)
USD 6,265,324,088.21
Management Fee
1.75%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.75%

HKD4,000.00Min. Subscription

EUR

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

14:00

2021-05-12

Dividend Records

No Dividends

Investment Objective

To maximise total return by investing at least 70% of the Fund’s assets in stocks of companies engaged in alternative energy and energy technologies worldwide. sets in stocks of companies engaged in alternative energy and energy technologies worldwide. The Fund will not invest in companies that are classified in the following sectors (as defined by Global Industry Classification Standard): coal and consumables; oil and gas exploration and production; and integrated oil and gas.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors.
1. Investment Risks
The Fund is an investment fund. The Fund's investment portfolio may fall in value due to any of the risk factors below and therefore your investment in the Fund may suffer losses.
2. Equity Risk
The values of equities fluctuate daily and a Fund investing in equities could incur significant losses. The price of equities can be influenced by many factors at the individual company level, as well as by broader economic and political developments, including changes in investment sentiment, trends in economic growth, inflation and interest rates, issuer-specific factors, corporate earnings reports, demographic trends and catastrophic events.
3. Limited Market Sectors Risks
The Fund's investments are concentrated in the alternative energy and energy technologies sectors. This may subject the Fund to greater volatility and more rapid cyclical changes than more broad-based investments.
4. Currency Risks
The Fund may invest in assets denominated in a currency other than the base currency of the Fund. Changes in exchange rates between such currency and the base currency and changes in exchange rate controls may adversely affect the value of the Fund's assets.
5. Derivatives Risks
In an adverse situation, if the use of derivatives for hedging and efficient portfolio management becomes ineffective, the Fund may suffer significant losses.
6. Emerging Market Risks
Investment in emerging markets may be subject to a higher than average volatility than more developed markets due to greater political, tax, economic, social, and foreign exchange risks.
The size and trading volume of securities markets in emerging markets may be substantially smaller than developed markets. This may subject the Fund to higher liquidity and volatility risks.
Custody and registration of assets in emerging markets may be less reliable than in developed markets, which may subject the Fund to higher settlement risk.
The Fund may be subject to higher regulatory risks due to low level of regulation, enforcement of regulations and monitoring of investors' activities in emerging markets.
7. Foreign Investments Restrictions Risks
Some countries prohibit or restrict investment, or the repatriation of income, capital or the proceeds from sale of securities. The Fund may incur higher costs investing in these countries. Such restrictions may delay the investment or repatriation of capital of the Fund.
8. Small Cap Companies Risks
Many small company stocks trade less frequently and in smaller volume, and may be subject to more abrupt or erratic price movements than stocks of large companies. The securities of small companies may also be more sensitive to market changes than the securities of large companies.
9. Liquidity Risks
The size and trading volume of securities in the markets relevant to the Fund may be substantially smaller than developed markets. This may lead to investments in such securities becoming less liquid, making it difficult to dispose of them which may reduce the Fund’s returns/lead to losses for investors.
10. Contingent Convertible Bonds Risks
A contingent convertible bond may be converted into the issuer’s equity or be partly or wholly written off (a “write-down”) if a pre-specified trigger event occurs. Trigger levels differ and the exposure to conversion risk depends on the distance of the capital ratio to the trigger level. In case of conversion into equity, the Fund might be forced to sell these new equity shares. Such a forced sale might have an effect on market liquidity as there may not be sufficient demand for these shares. In the event of a write-down, which may be either temporary or permanent, the Fund may suffer a full, partial or staggered loss of the value of its investment. It might be difficult for the Fund to anticipate the trigger events or how the securities will behave upon conversion.
Investment in contingent convertible bonds may suffer a loss of capital. Further, contingent convertible bonds are usually subordinated to comparable non-convertible securities, and thus are subject to higher risks than other debt securities. Coupon payments on certain contingent convertible bonds may be entirely discretionary and may be cancelled by the issuer, in which event the Fund may experience losses. Investment in contingent convertible bonds may also lead to increased industry concentration risk and thus counterparty risk as such securities are issued by a limited number of banks.
11. Risk associated with investing in sustainable themes or sectors
There is a lack of standardised taxonomy on sustainable themes or sectors. The evaluation methodology adopted by different investment managers may vary. In respect of a Fund which invests in a sustainable theme or sector (such as the Sustainable Energy Fund), the assessment as to whether an issuer aligns with a sustainable theme or sector involves the Investment Adviser’s subjective judgment. Therefore, the Fund may invest or perform differently compared to other funds who seek exposure to the same or similar sustainable theme or sector.