Blackrock Esg Fund. BlackRock aims to raise 23bn for ESG fund that targets cat bonds. BlackRock Fund Advisors a unit of BlackRock Inc Affiliated passively managed mutual funds and ETFs ranging in target dates from 2025 to 2065 as well as a Retirement fund option.
Despite carrying a sustainable label Blackrocks ESG funds hold companies with a deforestation risk that stretches over 500 hectares more than any other fund an innovative tool has found. BlackRock is rolling out more than a dozen active sustainable funds this year as part of a push to capture ESG opportunities that may not be obvious today. The 95tn asset manager is in the process of rolling out 16 new strategies a plan that includes new fund launches strategy changes and renamed funds.
The BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF seeks to provide a total return through an actively managed multi-asset portfolio at least 80 of which meets the funds ESG criteria whilst targeting a growth risk profile.
For example BlackRocks iShares Global Clean Energy ETF one of the largest ESG funds in the world carries an expense ratio of 046. Other key sustainability factors to note include the -51 lower emissions than the benchmark based on Carbon Emissions Intensity Sales metrics 20 higher allocation to issuers with stakeholder. The funds portfolio consists of 7966 equity 1958 fixed income and 075 cash. Blackrock and Vanguard Asset Management equity investments can be linked to 40000 hectares of lost forest.