Equity

BGF Global Dynamic Equity Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  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
From
31-Mar-2020
To
31-Mar-2021
Total Return (%)

as of Mar 31, 2021

18.96 12.11 1.09 -11.33 68.52
  1Y 3Y 5Y 10y Incept.
53.46 16.63 16.26 - 12.40
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
12.84 1.22 8.98 53.46 58.67 112.43 - 98.73
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Jun 11, 2021 USD 503.781
12m Trailing Yield -
Number of Holdings as of May 28, 2021 331
Base Currency U.S. Dollar
Fund Inception Date Feb 28, 2006
Share Class Inception Date Jul 15, 2015
Asset Class Equity
Morningstar Category Other Equity
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.87%
ISIN LU1254117549
Bloomberg Ticker BGDYA2C
Annual Management Fee 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BYM6Q94
Dealing Settlement Trade Date + 3 Calendar days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment RMB 5000
Minimum Subsequent Investment RMB 1000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of - -
MSCI - UN Global Compact Violators as of - -
MSCI - Nuclear Weapons as of - -
MSCI - Thermal Coal as of - -
MSCI - Civilian Firearms as of - -
MSCI - Oil Sands as of - -
MSCI - Tobacco as of - -

Business Involvement Coverage as of - -
Percentage of Fund not covered as of - -
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal -% and for Oil Sands -%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Global Allocation Investment Team believes that a company’s ability to manage material environmental, social and governance (“ESG”) issues may be essential to the company’s ability to sustain growth and generate value for shareholders over the long term, and thus ESG performance indicators are considered as part of our investment process. For long-term investors like Global Allocation, incorporating ESG information into its research and investment decisions has been, and remains, very important to our fundamental investment process and our goal of seeking to maximize risk-adjusted returns.


The team analyzes ESG data when conducting research and due diligence on new investments, and when monitoring existing investments within the portfolio. The team’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Ratings

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Apr 30, 2021
Name Weight (%)
MICROSOFT CORP 2.95
APPLE INC 2.42
ALPHABET INC CLASS C 2.31
AMAZON COM INC 1.82
BANK OF AMERICA CORP 1.76
Name Weight (%)
JOHNSON & JOHNSON 1.45
MASTERCARD INC CLASS A 1.41
JPMORGAN CHASE & CO 1.39
UNITEDHEALTH GROUP INC 1.34
TAIWAN SEMICONDUCTOR MANUFACTURING 1.30
as of Apr 30, 2021
Name Weight (%)
2020 CASH MANDATORY EXCHANGEABLE T 144A 0.19
BECTON DICKINSON AND COMPANY 0.14
APTIV PLC 0.12
Name Weight (%)
BOSTON SCIENTIFIC CORPORATION 0.07
CHINA MILK PRODUCTS GROUP LTD 0 01/05/2012 0.00
Holdings 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
A2 Hgd CNH Accumulating 199.96 -0.04 -0.02 200.01 129.10 - LU1254117549 - -
A2 Hgd EUR Accumulating 19.66 0.00 0.00 19.68 13.08 - LU0238690555 - -
D2 Hgd EUR Accumulating 20.98 0.00 0.00 21.00 13.86 - LU0326425609 - -
E2 USD Accumulating 29.20 0.00 0.00 29.22 19.31 - LU0238689201 - -
D4 EUR Annual 23.66 0.11 0.47 23.66 16.66 - LU0938162772 - -
X2 USD Accumulating 40.37 0.00 0.00 40.38 26.12 - LU0331284876 - -
E2 Hgd EUR Accumulating 18.58 0.00 0.00 18.60 12.43 - LU0238690985 - -
E2 EUR Accumulating 24.09 0.12 0.50 24.09 17.12 - LU0238689896 - -
D2 USD Accumulating 34.76 0.00 0.00 34.78 22.71 - LU0368268198 - -
D2 EUR Accumulating 28.68 0.15 0.53 28.68 20.14 - LU0827880856 - -
C2 Hgd EUR Accumulating 16.59 0.00 0.00 16.62 11.18 - LU0326425435 - -
A4 EUR Annual 25.93 0.13 0.50 25.93 18.34 - LU0408221603 - -
C2 EUR Accumulating 21.50 0.11 0.51 21.50 15.40 - LU0331285097 - -
A2 USD Accumulating 31.52 0.00 0.00 31.54 20.75 - LU0238689110 - -
A2 EUR Accumulating 26.00 0.13 0.50 26.00 18.39 - LU0238689623 - -

Portfolio Managers

Portfolio Managers

David Clayton, CFA, JD
Portfolio Manager, Global Allocation

David Clayton

Russ Koesterich
Managing Director, Portfolio Manager and member of the Global Allocation team

Russ Koesterich, CFA, JD, Managing Director and portfolio manager, is a member of the Global Allocation team within BlackRock's Multi-Asset Strategies Group.

 

 

Literature

Literature