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.
Show Fewer
Loading

Performance

Performance

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.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
View full chart

Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Number of Issuers 855
Size of Fund (Millions) as of Sep 21, 2020 USD 13,768.833
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency U.S. Dollar
Share Class Inception Date Nov 9, 2007
Asset Class Multi Asset
Morningstar Category USD Moderate Allocation
Benchmark Index 36% S&P 500, 24% FTSE World (ex.US), 24% ICE BofA ML Cur 5-yr US Treasury, 16% FTSE Non-USD WGBI
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0328507826
Bloomberg Ticker BGA2UX2
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL 7355844
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 10000000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Allocation Fund, Class X2, as of Aug 31, 2020 rated against 773 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 Apr 22, 2019)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Aug 31, 2020
Name Weight (%)
MICROSOFT CORP 2.18
AMAZON COM INC 2.17
APPLE INC 2.10
ALPHABET INC CLASS C 1.54
SIEMENS N AG 1.00
Name Weight (%)
UNITEDHEALTH GROUP INC 0.99
MASTERCARD INC CLASS A 0.94
TAIWAN SEMICONDUCTOR MANUFACTURING 0.89
MORGAN STANLEY 0.87
UNION PACIFIC CORP 0.86
as of Aug 31, 2020
Name Weight (%)
WI TREASURY (CPI) NOTE 0.125 04/15/2025 2.11
TREASURY NOTE 1.75 11/15/2029 1.91
ISHARES $ HIGH YIELD CRP BND ETF $ 1.30
TREASURY (CPI) NOTE 0.125 10/15/2024 1.28
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.29 05/23/2029 1.25
Name Weight (%)
JAPAN (GOVERNMENT OF) 30YR #64 0.4 09/20/2049 0.85
ITALY (REPUBLIC OF) 1.35 04/01/2030 0.78
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.72
SPAIN (KINGDOM OF) 0.6 10/31/2029 0.69
ITALY (REPUBLIC OF) 0.95 08/01/2030 0.62
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Aug 31, 2020

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of Aug 31, 2020

% of Net Assets

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 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.


% of Net Assets represents the Fund’s exposure based on the economic value of securities and is adjusted for futures, options, and swaps (except with respect to fixed income securities), and convertible bonds.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
X2 USD Accumulating 80.68 -1.56 -1.90 83.93 60.32 - LU0328507826 - -
X4 USD Annual 13.99 -0.27 -1.89 14.59 10.60 - LU0953392981 - -
A2 Hgd CHF Accumulating 12.99 -0.26 -1.96 13.54 9.88 - LU0343169966 - -
C2 Hgd EUR Accumulating 30.19 -0.60 -1.95 31.47 23.12 - LU0212926058 - -
D2 Hgd SGD Accumulating 16.11 -0.31 -1.89 16.76 12.15 - LU0827880690 - -
I2 EUR Accumulating 60.69 -0.75 -1.22 63.38 49.55 - LU1653088838 - -
A2 HUF Accumulating 20,020.94 -111.22 -0.55 20,432.18 15,897.45 - LU0566074125 - -
A4 EUR Annual 53.62 -0.67 -1.23 56.31 43.99 - LU0408221512 - -
A2 Hgd PLN Accumulating 18.38 -0.36 -1.92 19.15 13.93 - LU0480534592 - -
C2 EUR Accumulating 41.83 -0.53 -1.25 44.25 34.53 - LU0331284793 - -
X2 Hgd AUD Accumulating 22.43 -0.43 -1.88 23.33 16.89 - LU0525289509 - -
D2 Hgd AUD Accumulating 20.03 -0.39 -1.91 20.85 15.16 - LU0827880187 - -
X2 EUR Accumulating 68.65 -0.85 -1.22 71.38 55.85 - LU0984173384 - -
C2 USD Accumulating 49.16 -0.96 -1.92 51.21 37.29 - LU0147395726 - -
E2 USD Accumulating 59.11 -1.15 -1.91 61.55 44.68 - LU0147396450 - -
D2 Hgd CHF Accumulating 13.80 -0.27 -1.92 14.38 10.46 - LU0827880260 - -
E2 Hgd PLN Accumulating 17.49 -0.35 -1.96 18.23 13.29 - LU0530192003 - -
A2 Hgd AUD Accumulating 18.87 -0.37 -1.92 19.64 14.33 - LU0468326631 - -
D4 EUR Annual 53.86 -0.67 -1.23 56.57 44.22 - LU0827880005 - -
E2 EUR Accumulating 50.30 -0.62 -1.22 52.97 41.36 - LU0171283533 - -
D2 EUR Accumulating 60.73 -0.76 -1.24 63.50 49.64 - LU0523293024 - -
D2 Hgd GBP Accumulating 34.65 -0.69 -1.95 36.07 26.19 - LU0827880344 - -
X2 Hgd EUR Accumulating 12.67 -0.25 -1.93 13.19 9.56 - LU0260352280 - -
I2 USD Accumulating 71.32 -1.39 -1.91 74.22 53.52 - LU0368249560 - -
A2 Hgd CNH Accumulating 148.17 -2.88 -1.91 154.11 110.83 - LU1062906877 - -
E2 Hgd EUR Accumulating 37.80 -0.75 -1.95 39.39 28.84 - LU0212926132 - -
D4 Hgd EUR Annual 37.11 -0.73 -1.93 38.64 28.27 - LU0827880773 - -
D2 Hgd PLN Accumulating 19.52 -0.38 -1.91 20.33 14.73 - LU0827880427 - -
A4 USD Annual 63.01 -1.24 -1.93 65.61 47.51 - LU0724617625 - -
A4 Hgd EUR Annual 36.96 -0.73 -1.94 38.50 28.13 - LU0240613025 - -
X2 Hgd JPY Accumulating 1,260.00 -24.00 -1.87 1,310.00 946.00 - LU1445720094 - -
I2 Hgd SGD Accumulating 16.21 -0.31 -1.88 16.87 12.21 - LU0810842038 - -
I2 Hgd EUR Accumulating 43.34 -0.86 -1.95 45.13 32.83 - LU0368231949 - -
A2 Hgd HKD Accumulating 15.46 -0.31 -1.97 16.10 11.65 - LU0788109477 - -
A2 USD Accumulating 64.81 -1.27 -1.92 67.48 48.87 - LU0072462426 - -
Class AI2 EUR - 11.00 -0.14 -1.26 11.55 9.02 - LU1960222104 - -
A2 Hgd GBP Accumulating 32.66 -0.65 -1.95 34.01 24.78 - LU0236177068 - -
A2 EUR Accumulating 55.15 -0.69 -1.24 57.92 45.24 - LU0171283459 - -
J2 USD Accumulating 81.22 -1.57 -1.90 84.48 60.72 - LU0304953069 - -
A2 Hgd EUR Accumulating 39.78 -0.78 -1.92 41.44 30.28 - LU0212925753 - -
D4 GBP Accumulating 49.36 -0.47 -0.94 50.40 40.98 - LU1852330908 - -
Class AI2 Hedged EUR - 11.07 -0.22 -1.95 11.53 8.42 - LU1960222286 - -
D2 USD Accumulating 71.37 -1.39 -1.91 74.28 53.61 - LU0329592538 - -
D2 Hgd EUR Accumulating 43.81 -0.86 -1.93 45.62 33.22 - LU0329591480 - -
A2 Hgd SGD Accumulating 15.09 -0.30 -1.95 15.71 11.43 - LU0308772762 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Chief Investment Officer, Global Fixed Income

Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Global Allocation Investment Team in the Multi-Asset Strategies Group, a member of BlackRock's Global Operating Committee and Chairman of the firm-wide BlackRock Investment Council.

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