Multi Asset

BlackRock Sustainable Global Allocation Tailored 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. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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Performance

Performance

Growth of Hypothetical 10,000

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  1Y 3Y 5Y 10y Incept.
- - - - -
Constraint Benchmark 1 (%) - - - - -
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
7.80 2.44 7.80 12.96 - - - - 10.61
Constraint Benchmark 1 (%) 6.39 2.31 6.39 12.04 - - - - -
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of Mar 31, 2024

- - - - -
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.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in EUR, hedged share class 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

Key Facts

Key Facts

Net Assets of Fund as of Apr 25, 2024 USD 160,015,215
Share Class Inception Date Jun 12, 2023
Fund Inception Date Jun 12, 2023
Share Class Currency EUR
Base Currency USD
Asset Class Multi Asset
Constraint Benchmark 1 60%MSACWINRFL/ 40%LGAINXBEU
SFDR Classification Article 8
Initial Charge 5.00%
Ongoing Charge 1.56%
ISIN IE000UWLOAU6
Annual Management Fee 1.50%
Performance Fee 0.00%
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BLRTLAU
SEDOL BQ0KPY0

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Mar 29, 2024 572
3y Beta as of - -
P/E Ratio as of Mar 29, 2024 23.93
Average Market Cap (Millions) as of Mar 29, 2024 USD 534,975.7 M
Effective Duration as of Mar 29, 2024 1.93 yrs
Effective Duration Fixed Income as of Mar 29, 2024 10.02 yrs
Effective Duration Fixed Income and Cash as of Mar 29, 2024 4.44 yrs

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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. 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 Mar 28, 2024 0.00%
MSCI - UN Global Compact Violators as of Mar 28, 2024 0.00%
MSCI - Nuclear Weapons as of Mar 28, 2024 0.00%
MSCI - Thermal Coal as of Mar 28, 2024 0.00%
MSCI - Civilian Firearms as of Mar 28, 2024 0.00%
MSCI - Oil Sands as of Mar 28, 2024 0.00%
MSCI - Tobacco as of Mar 28, 2024 0.00%

Business Involvement Coverage as of Mar 28, 2024 66.85%
Percentage of Fund not covered as of Mar 28, 2024 33.25%
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 0.00% and for Oil Sands 0.22%.

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 financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or 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 relevant 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 the investment process. 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, where appropriate, 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

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Mar 29, 2024
Name Weight (%)
MICROSOFT CORP 3.29
NVIDIA CORP 2.86
ELI LILLY 1.93
MASTERCARD INC CLASS A 1.84
ASML HOLDING NV 1.57
Name Weight (%)
SALESFORCE INC 1.30
ALPHABET INC CLASS C 1.26
AMAZON COM INC 1.25
MERCK & CO INC 1.18
APPLE INC 1.06
as of Mar 29, 2024
Name Weight (%)
UMBS 30YR TBA(REG A) 5.82
UMBS 30YR TBA 1.25
UK CONV GILT 3.25 01/31/2033 0.80
TREASURY NOTE 4.25 12/31/2024 0.77
GERMANY (FEDERAL REPUBLIC OF) 2.3 02/15/2033 0.74
Name Weight (%)
TREASURY NOTE 3.875 12/31/2027 0.72
TREASURY NOTE 4.125 11/15/2032 0.69
ITALY (REPUBLIC OF) 4.4 05/01/2033 0.68
TREASURY BOND 4 11/15/2052 0.63
PUBLIC SERVICE ELECTRIC AND GAS CO MTN 4.65 03/15/2033 0.28
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 29, 2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Mar 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2024

% of Market Value

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

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
A EUR - 107.18 -0.49 -0.46 Apr 25, 2024 110.60 95.18 IE000UWLOAU6
Class A Hedged CZK - 966.21 -2.20 -0.23 Apr 25, 2024 1,005.93 956.44 IE000H76WB44
Class A Hedged EUR Annual 104.91 -0.26 -0.25 Apr 25, 2024 109.41 92.84 IE000IEJQ1Y3
A USD Annual 106.84 -0.25 -0.23 Apr 25, 2024 111.17 93.64 IE000TAUFM09
A USD - 106.84 -0.25 -0.23 Apr 25, 2024 111.17 93.64 IE0007YMRGH4
A EUR Annual 107.18 -0.49 -0.46 Apr 25, 2024 110.60 95.18 IE000OZVH6G1

Portfolio Managers

Portfolio Managers

Rick Rieder
Managing Director, CIO of Global Fixed Income, Head of Fundamental Fixed Income, Head of Global Allocation Investment Team

Rick Rieder, Senior Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Fundamental Fixed Income business and Head of the Global Allocation Investment Team.

Randy Berkowitz
Randy Berkowitz
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.

 

 

Kate Moore
Head of Thematic Strategy, Global Allocation

Kate Moore, Managing Director, is a member of the Global Allocation investment team and Head of Thematic Strategy.

Sarah Thompson
Sarah Thompson

Literature

Literature