Multi Asset

BGF Global Allocation Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares.
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Performance

Performance

  • Returns

  From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

-10.40 15.47 -7.34 8.71 -1.89
Benchmark (%) Index: 36% SNP500EUR / 24% FTWXUS_EUR / ML5YREURU Index<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 31-Mar-2020

-4.94 14.98 -3.71 12.73 -0.90

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged fund benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Chart

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Number of Issuers 674
Size of Fund (Millions) as of 03-Apr-2020 USD 11,600.168
Base Currency USD
Fund Launch Date 03-Jan-1997
Series Currency EUR
Share Class launch date 31-Jul-2002
Asset Class Multi Asset
Morningstar Category USD Moderate Allocation
Benchmark Index 36% SNP500EUR / 24% FTWXUS_EUR / ML5YREURU Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0171283459
Bloomberg Ticker MERGAAA
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B03TN71
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Allocation Fund, Class A2, as of 29-Feb-2020 rated against 737 USD Moderate Allocation Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 22-Apr-2019)

Holdings

Holdings

as of 28-Feb-2020
Name Weight (%)
MICROSOFT CORP 1.81
AMAZON COM INC 1.51
ALPHABET INC CLASS C 1.49
APPLE INC 1.47
COMCAST CORP CLASS A 1.02
Name Weight (%)
MASTERCARD INC CLASS A 0.77
BANK OF AMERICA CORP 0.77
TAIWAN SEMICONDUCTOR MANUFACTURING 0.77
VODAFONE GROUP PLC 0.76
SPDR S&P ETF TRUST 0.75
as of 28-Feb-2020
Name Weight (%)
TREASURY (CPI) NOTE 0.5 04/15/2024 4.28
UMBS 30YR TBA(REG A) 4.27
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.29 05/23/2029 3.20
TREASURY NOTE 1.75 11/15/2029 2.66
CANADA (GOVERNMENT OF) 1.5 09/01/2024 1.31
Name Weight (%)
TREASURY BOND 2.375 11/15/2049 1.12
GNMA2 30YR TBA(REG C) 0.88
ITALY (REPUBLIC OF) 1.35 04/01/2030 0.79
SPAIN (KINGDOM OF) 0.6 10/31/2029 0.75
ITALY (REPUBLIC OF) 3.85 09/01/2049 0.49
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Feb-2020

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of 28-Feb-2020

% of Net Assets

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Net Assets

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class A2 EUR None 48.61 0.72 1.50 57.92 45.24 - LU0171283459 - -
Class D2 EUR None 53.34 0.79 1.50 63.50 49.64 - LU0523293024 - -
Class A4 Hedged EUR Annual 30.14 0.27 0.90 36.15 28.13 - LU0240613025 - -
Class A2 Hedged EUR None 32.44 0.29 0.90 38.90 30.28 - LU0212925753 - -
Class D4 EUR Annual 47.52 0.71 1.52 56.57 44.22 - LU0827880005 - -
Class AI2 Hedged EUR - 8.94 -0.08 -0.89 10.82 8.42 - LU1960222286 - -
Class D2 Hedged EUR None 35.60 0.32 0.91 42.65 33.22 - LU0329591480 - -
Class A4 EUR Annual 47.26 0.70 1.50 56.31 43.99 - LU0408221512 - -
Class AI2 EUR - 9.55 -0.01 -0.10 11.55 9.02 - LU1960222104 - -
Class D2 USD None 57.55 0.53 0.93 68.53 53.61 - LU0329592538 - -
Class A2 USD None 52.44 0.48 0.92 62.51 48.87 - LU0072462426 - -
Class D4 Hedged EUR Annual 30.30 0.28 0.93 36.29 28.27 - LU0827880773 - -
Class D4 GBP None 41.80 0.73 1.78 47.37 40.98 - LU1852330908 - -
Class A4 USD Annual 50.99 0.47 0.93 60.78 47.51 - LU0724617625 - -
Class D2 Hedged GBP None 28.04 0.25 0.90 33.73 26.19 - LU0827880344 - -
Class A2 Hedged GBP None 26.53 0.24 0.91 31.93 24.78 - LU0236177068 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Rick Rieder
David Clayton
David Clayton
Russ Koesterich
Russ Koesterich

Literature

Literature