Morningstar® Fund Report™|23/05/2025
BlackRock Global Funds - Japan Flexible Equity Fund (JPY)
Performance History 30/04/2025
Growth of 1,000(CHF)
Fund 2.58 -18.52 10.67 22.07 -9.58
+/-Cat -1.90 -2.17 2.63 6.47 -5.38
+/-Idx -1.90 -3.39 1.39 5.41 -5.40
Category: Japan Large-Cap Blend Equity
Index: Morningstar Japan Target Market Exposure NR JPY
Trailing Returns 22/05/2025
Fund +/-Idx
YTD -6.17 -3.90
3 Years 19.33 3.54
5 Years 29.08 -1.48
10 Years 53.32 6.27
12 Month Yield 0.00
Dividend Paying Frequency -
Key Stats
Morningstar Category
Japan Large-Cap Blend Equity
Morningstar Rating™
ISIN
LU0249410860
NAV 22/05/2025
JPY 2904.0000
Day Change
-0.38%
Total Net Assets (mil)
30/04/2025
JPY  618.58
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Rie Shigekawa
Inception Date
28/02/2005
Benchmark
Fund Benchmark
MSCI Japan NR JPY
Morningstar® Benchmark
Morningstar Japan Target Market Exposure NR JPY
Investment strategy
The fund seeks to maximise total return in a manner consistent with the principles of environmental, social and governance (“ESG”) investing. The Fund invests at least 70% of its total assets in the equity securities of companies domiciled in or exercising the predominant part of their economic activity in, Japan. The Fund normally invests in securities that, in the opinion of the Investment Adviser, exhibit either growth or value investment characteristics, placing an emphasis as the market outlook warrants. The Fund may use derivatives for investment purposes and for the purposes of efficient portfolio management.
Portfolio Profile 30/04/2025
Morningstar Style Box®_Morningstar:
Equity Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 98.32 0.00 98.32
Bonds 0.00 0.00 0.00
Cash 2.63 0.95 1.68
Other 0.00 0.00 0.00
Top 5 Regions %
Japan 100.00
United States 0.00
Canada 0.00
Latin America 0.00
United Kingdom 0.00
Top 5 Sectors %
Industrials 25.12
Consumer Cyclical 20.96
Financial Services 19.58
Technology 14.54
Healthcare 4.83
Top 5 Holdings Sector %
Toyota Motor Corp Consumer Cyclical Consumer Cyclical 6.18
Mitsubishi UFJ Financial Group Inc Financial Services Financial Services 5.24
Sony Group Corp Technology Technology 5.22
Tokio Marine Holdings Inc Financial Services Financial Services 3.92
Sumitomo Mitsui Financial Group Inc Financial Services Financial Services 2.90
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
Fund: BlackRock Global Funds - Japan Flexible Equity Fund (JPY)
Index: Please select ...
Annual Returns 30/04/2025
2018 2019 2020 2021 2022 2023 2024 2025
Total Return -15.51 17.99 13.19 2.58 -18.52 10.67 22.07 -9.58
+/- Category -0.87 0.77 7.84 -1.90 -2.17 2.63 6.47 -5.38
+/- Index -3.82 1.15 9.25 -1.90 -3.39 1.39 5.41 -5.40
% Rank (Rel to Cat) 62 35 18 75 74 17 9 -
Trailing Returns 22/05/2025
Total Return +/- Category +/- Index
1 Day 0.11 0.10 0.28
1 Week 0.07 0.37 0.49
1 Month 7.77 0.44 -0.08
3 Months -6.32 -2.15 -1.97
6 Months -1.15 -2.63 -2.32
YTD -6.17 -4.71 -3.90
1 Year -5.31 -5.47 -3.93
3 Years 19.33 4.69 3.54
5 Years 29.08 -1.85 -1.48
10 Years 53.32 5.22 6.27
Quarterly Returns 30/04/2025
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2025 -4.33 - - -
2024 20.61 -1.73 -2.05 5.15
2023 5.27 4.46 2.25 -1.57
2022 -8.90 -12.16 -5.29 7.51
Dividend 22/05/2025
12 Month Yield 0.00
Morningstar Rating™ 30/04/2025
3-Year
5-Year
10-Year
Overall
Volatility Measurements 30/04/2025
1-Yr Volatility 11.10%   3-Yr Volatility 13.78%
1-Yr MaximumDrawdown -9.70% 3-Yr MaximumDrawdown -9.70%
1 Yr Sharpe Ratio -0.75 3-Yr Sharpe Ratio 0.29
3-Yr Mean Return 0.40%
Investment Style Details 30/04/2025
Morningstar Style Box®_Morningstar:
Equity Style
Size Rel to Cat
Average Mkt Cap (Mil) JPY 3070281 0.00
Market Capitalisation % Of Equity
Giant 37.18
Large 40.20
Medium 18.46
Small 2.48
Micro 0.00
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 12.83 0.00
Price/Book 1.20 0.00
Price/Sales 0.99 0.00
Price/Cash Flow 7.66 0.00
Dividend-Yield Factor 2.65 0.00
Long-Term Projected Earnings Growth 11.86 0.00
Historical Earnings Growth 13.68 0.00
Sales Growth 6.87 0.00
Cash-Flow Growth 15.40 0.00
Book-Value Growth 8.91 0.00
AssetAllocation 30/04/2025
Asset Allocation
% Long % Short % Net Assets
Stocks 98.32 0.00 98.32
Bonds 0.00 0.00 0.00
Cash 2.63 0.95 1.68
Other 0.00 0.00 0.00
World Regions 30/04/2025
% Of Equity Relative to Category
United States 0.00 0.00
Canada 0.00 0.00
Latin America 0.00 0.00
United Kingdom 0.00 0.00
Eurozone 0.00 0.00
Europe - ex Euro 0.00 0.00
Europe - Emerging 0.00 0.00
Africa 0.00 0.00
Middle East 0.00 0.00
Japan 100.00 0.00
Australasia 0.00 0.00
Asia - Developed 0.00 0.00
Asia - Emerging 0.00 0.00
Emerging Market 0.00 0.00
Developed Country 100.00 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 30/04/2025
% Of Equity Relative to Category
CyclicalCyclical 45.18 -
Basic MaterialsBasic Materials 2.53 -
Consumer CyclicalConsumer Cyclical 20.96 -
Financial ServicesFinancial Services 19.58 -
Real EstateReal Estate 2.11 -
Sensitive 44.69 -
Communication ServicesCommunication Services 4.13 -
EnergyEnergy 0.90 -
IndustrialsIndustrials 25.12 -
TechnologyTechnology 14.54 -
DefensiveDefensive 8.45 -
Consumer DefensiveConsumer Defensive 3.62 -
HealthcareHealthcare 4.83 -
UtilitiesUtilities - -
Top 10 Holdings 30/04/2025
Portfolio
Total Number of Equity Holdings 54
Total Number of Bond Holdings 0
Assets in Top 10 Holdings % 36.51
Product Name Sector Country/Region % of Assets
Toyota Motor Corp Consumer Cyclical Consumer Cyclical Japan 6.18
Mitsubishi UFJ Financial Group Inc Financial Services Financial Services Japan 5.24
Sony Group Corp Technology Technology Japan 5.22
Tokio Marine Holdings Inc Financial Services Financial Services Japan 3.92
Sumitomo Mitsui Financial Group Inc Financial Services Financial Services Japan 2.90
Fast Retailing Co Ltd Consumer Cyclical Consumer Cyclical Japan 2.73
Mitsubishi Electric Corp Industrials Industrials Japan 2.68
Toray Industries Inc Consumer Cyclical Consumer Cyclical Japan 2.62
Mitsubishi Heavy Industries Ltd Industrials Industrials Japan 2.55
Kao Corp Consumer Defensive Consumer Defensive Japan 2.47
Management Team
CompanyName BlackRock (Luxembourg) SA
Phone +44 20 77433000
Website www.blackrock.com
Address 35 A, avenue J.F. Kennedy,

Grand Duchy of Luxembourg

 
Domicile LUX
Legal Structure SICAV
UCITS Yes
Inception Date 28/02/2005
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd
Fund Manager   Rie Shigekawa
Manager Start Date   01/07/2019
Education  
Biography  
Since joining Fidelity Investments in 2002, Ms. Shigekawa has worked as a research analyst and portfolio manager.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee 1.00%
Annual Charge
Management (Max) 1.50%

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