PIAIF - BlackRock Sustainable Emerging Markets Equity Fund Q4 2024 Commentary
2025-03-20 00:35:00 ET
Summary
- BlackRock Sustainable Emerging Markets Equity Fund posted returns of -5.34% (Institutional shares) and -5.38% (Investor A shares, without sales charge) for the fourth quarter of 2024.
- Taiwanese technology companies ended the year on a strong note, with Accton Technology and Mediatek among the top contributors.
- Brazilian health care operator Hapvida was the largest detractor as increased judicial scrutiny of the sector has led to higher provisions for lawsuits.
Average annual total returns (%) as of 12/31/24
4Q24 (not annualized) |
YTD (not annualized) |
1 Year |
3 Year |
5 Years |
10 Years |
Institutional |
-5.34 |
1.93 |
1.93 |
-4.49 |
-0.22 |
2.67 |
Investor A (Without Sales Charge) |
-5.38 |
1.78 |
1.78 |
-4.70 |
-0.46 |
2.44 |
Investor A (With Sales Charge) |
-10.35 |
-3.57 |
-3.57 |
-6.40 |
-1.53 |
1.88 |
MSCI All Country Asia ex Japan in USD - NET 2 |
-7.59 |
11.96 |
11.96 |
-1.59 |
2.57 |
4.54 |