Multi Asset

BGF Global Allocation Fund

Overview

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

  • Returns

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 595
Size of Fund (Millions) as of Apr 23, 2019 USD 15,086.972
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency Euro
Share Class Inception Date Mar 31, 2005
Asset Class Multi Asset
Morningstar Category EUR Moderate Allocation - Global
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 LU0212926058
Bloomberg Ticker MGHMLC2
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B0FBSR0
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

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, 2019
Name Weight (%)
ALPHABET INC CLASS C 1.42
APPLE INC 1.18
JOHNSON & JOHNSON 1.16
COMCAST CORP CLASS A 1.12
EXXON MOBIL CORP 1.07
Name Weight (%)
MICROSOFT CORP 0.99
WILLIAMS INC 0.95
ANTHEM INC 0.89
NESTLE SA 0.87
AMAZON COM INC 0.86
as of Mar 29, 2019
Name Weight (%)
TREASURY NOTE 2.875 09/30/2023 6.11
TREASURY NOTE (2OLD) 2.5 01/31/2024 5.08
TREASURY NOTE (OLD) 2.375 02/29/2024 3.20
TREASURY NOTE (2OLD) 2.625 01/31/2026 3.15
TREASURY NOTE 2.625 12/31/2023 2.28
Name Weight (%)
TREASURY NOTE (OTR) 2.125 03/31/2024 1.85
TREASURY NOTE 3 10/31/2025 1.64
TREASURY (CPI) NOTE 0.625 04/15/2023 0.93
GERMANY (FEDERAL REPUBLIC OF) RegS 0.5 02/15/2028 0.80
TREASURY NOTE 2.875 11/30/2025 0.51
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 29, 2019

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of Mar 29, 2019

% of Net Assets

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% 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
C2 Hgd EUR Accumulating 27.79 0.07 0.25 29.30 25.66 - LU0212926058 - -
D2 Hgd AUD Accumulating 17.78 0.05 0.28 18.02 16.19 - LU0827880187 - -
A2 HUF Accumulating 16,169.95 161.89 1.01 16,169.95 14,427.72 - LU0566074125 - -
A2 Hgd PLN Accumulating 16.31 0.04 0.25 16.68 14.90 - LU0480534592 - -
E2 USD Accumulating 51.87 0.14 0.27 52.72 47.31 - LU0147396450 - -
E2 EUR Accumulating 46.27 0.28 0.61 46.27 41.39 - LU0171283533 - -
D4 EUR Annual 49.46 0.31 0.63 49.46 44.07 - LU0827880005 - -
D2 Hgd SGD Accumulating 14.09 0.04 0.28 14.30 12.84 - LU0827880690 - -
D2 Hgd CHF Accumulating 12.38 0.03 0.24 12.85 11.37 - LU0827880260 - -
I2 EUR Accumulating 54.69 0.34 0.63 54.69 48.70 - LU1653088838 - -
C2 EUR Accumulating 38.89 0.23 0.59 38.89 34.88 - LU0331284793 - -
X2 Hgd EUR Accumulating 11.18 0.03 0.27 11.46 10.22 - LU0260352280 - -
X4 USD Annual 12.31 0.04 0.33 12.56 11.15 - LU0953392981 - -
D2 EUR Accumulating 54.89 0.34 0.62 54.89 48.91 - LU0523293024 - -
E2 Hgd PLN Accumulating 15.64 0.05 0.32 16.06 14.31 - LU0530192003 - -
A4 EUR Annual 49.18 0.30 0.61 49.18 43.93 - LU0408221512 - -
X2 EUR Accumulating 61.21 0.38 0.62 61.21 54.38 - LU0984173384 - -
A2 Hgd CHF Accumulating 11.78 0.03 0.26 12.30 10.84 - LU0343169966 - -
X2 Hgd AUD Accumulating 19.64 0.06 0.31 19.78 17.82 - LU0525289509 - -
D2 Hgd PLN Accumulating 17.14 0.05 0.29 17.40 15.62 - LU0827880427 - -
E2 Hgd EUR Accumulating 34.43 0.09 0.26 36.05 31.71 - LU0212926132 - -
A2 Hgd AUD Accumulating 16.92 0.04 0.24 17.24 15.44 - LU0468326631 - -
I2 USD Accumulating 61.31 0.17 0.28 61.67 55.66 - LU0368249560 - -
C2 USD Accumulating 43.60 0.11 0.25 44.62 39.86 - LU0147395726 - -
A2 Hgd CNH Accumulating 127.83 0.34 0.27 129.07 116.57 - LU1062906877 - -
A4 USD Annual 55.13 0.15 0.27 55.92 50.20 - LU0724617625 - -
X2 Hgd JPY Accumulating 1,099.00 3.00 0.27 1,124.00 1,005.00 - LU1445720094 - -
I2 Hgd SGD Accumulating 14.13 0.04 0.28 14.31 12.87 - LU0810842038 - -
A2 USD Accumulating 56.47 0.15 0.27 57.16 51.42 - LU0072462426 - -
Class AI2 EUR - 9.99 0.04 0.40 10.01 9.94 - LU1960222104 - -
A4 Hgd EUR Annual 33.57 0.09 0.27 35.06 30.87 - LU0240613025 - -
D4 Hgd EUR Annual 33.75 0.09 0.27 35.26 30.96 - LU0827880773 - -
D2 Hgd GBP Accumulating 30.74 0.08 0.26 31.49 28.12 - LU0827880344 - -
I2 Hgd EUR Accumulating 38.67 0.10 0.26 39.93 35.45 - LU0368231949 - -
D2 USD Accumulating 61.53 0.17 0.28 61.98 55.90 - LU0329592538 - -
D4 GBP Accumulating 42.78 0.31 0.73 43.84 39.82 - LU1852330908 - -
A2 Hgd EUR Accumulating 35.98 0.10 0.28 37.49 33.08 - LU0212925753 - -
A2 Hgd GBP Accumulating 29.29 0.08 0.27 30.21 26.85 - LU0236177068 - -
A2 Hgd HKD Accumulating 13.51 0.03 0.22 13.81 12.35 - LU0788109477 - -
Class AI2 Hedged EUR - 9.98 -0.02 -0.20 10.01 9.98 - LU1960222286 - -
A2 Hgd SGD Accumulating 13.34 0.04 0.30 13.63 12.18 - LU0308772762 - -
J2 USD Accumulating 69.07 0.19 0.28 69.15 62.56 - LU0304953069 - -
A2 EUR Accumulating 50.38 0.31 0.62 50.38 45.00 - LU0171283459 - -
D2 Hgd EUR Accumulating 39.20 0.10 0.26 40.56 35.96 - LU0329591480 - -
X2 USD Accumulating 68.62 0.20 0.29 68.69 62.14 - LU0328507826 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Managing Director, Global Chief Investment Officer of Fixed Income

Rick Rieder

Dan Chamby, CFA
Managing Director, Global Allocation

Managing Director, Global Allocation

David Clayton, CFA, JD
Portfolio Manager, Global Allocation

David Clayton

Russ Koesterich
Portfolio Manager, Global Allocation

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

 

Mr. Koesterich's service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. He joined the BlackRock Global Allocation team in 2016 as Head of Asset Allocation and was named a portfolio manager of the Fund in 2017. Previously, he was BlackRock's Global Chief Investment Strategist and Chairman of the Investment Committee for the Model Portfolio Solutions business, and formerly served as the Global Head of Investment Strategy for scientific active equities and as senior portfolio manager in the U.S. Market Neutral Group. Prior to joining BGI, Mr. Koesterich was the Chief North American Strategist at State Street Bank and Trust. He began his investment career at Instinet Research Partners where he occupied several positions in research, including Director of Investment Strategy for both U.S. and European research, and Equity Analyst. He is a frequent contributor to financials news media and the author of two books, including his most recent "The Ten Trillion Dollar Gamble."

 

Mr. Koesterich earned a BA in history from Brandeis University, a JD from Boston College and an MBA from Columbia University. He is a CFA Charterholder.

Literature

Literature

 

 

Receive BlackRock Insights delivered straight to your inbox.

Financial professional
I professionally manage portfolios on behalf of individual investors and provide financial advisory services. Examples of financial professionals include financial advisors, private bankers, etc.

Institutional investor
I professionally manage portfolios on behalf of institutions such as pension funds, sovereign funds, insurance companies, etc.

Individual investor
I buy and sell securities for my personal account, not for another company or organization. I am not a financial professional nor an institutional investor.