Skip to Content

BlackRock Asian Dragon Investor C MCPCX

Analyst rating as of

Morningstar’s Analysis

Will MCPCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

This fund will undergo a major overhaul.



| |

The U.S.-domiciled BlackRock Asian Dragon will be repurposed as BlackRock Sustainable Emerging Markets Equity effective Oct. 28, 2021. The new mandate will be jointly comanaged by Stephen Andrews and Emily Fletcher, who have already worked together on BGF Emerging Markets Equity Income since 2018. That said, we continue to have reservations around Andrews’ limited portfolio management experience, the broader team’s instability, and the investment process’ efficacy particularly under its new dual objective of beating the benchmark and meeting its ESG objectives. As such, the strategy earns a Morningstar Analyst Rating of Neutral for the fund’s cheapest share classes, including the K share class, while the more expensive ones are rated Negative. Our ratings already reflect alpha expectations for the fund of its new Morningstar Category, which will change to diversified emerging markets equity on Nov. 1, 2021, to reflect the strategy’s new mandate.

Unlock our full analysis with Morningstar Premium

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.