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.
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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.
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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Number of Issuers 604
Size of Fund (Millions) as of May 24, 2019 USD 14,556.221
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency Polish Zloty
Share Class Inception Date Mar 1, 2010
Asset Class Multi Asset
Morningstar Category Other 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 LU0480534592
Bloomberg Ticker BGGA2PL
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B6059Q5
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment PLN 5000
Minimum Subsequent Investment PLN 1000
Use of Income Accumulating

Ratings

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Apr 30, 2019
Name Weight (%)
ALPHABET INC CLASS C 1.43
APPLE INC 1.24
MICROSOFT CORP 1.09
JOHNSON & JOHNSON 1.06
COMCAST CORP CLASS A 1.00
Name Weight (%)
JPMORGAN CHASE & CO 1.00
EXXON MOBIL CORP 0.96
AMAZON COM INC 0.92
WILLIAMS INC 0.86
DANONE SA 0.86
as of Apr 30, 2019
Name Weight (%)
TREASURY NOTE 2.125 03/31/2024 7.81
TREASURY NOTE 2.875 09/30/2023 5.99
TREASURY NOTE 2.5 01/31/2024 3.41
TREASURY NOTE 2.375 02/29/2024 3.18
TREASURY NOTE 2.625 01/31/2026 3.12
Name Weight (%)
TREASURY NOTE 3 10/31/2025 1.61
TREASURY NOTE 2.625 02/15/2029 1.00
TREASURY (CPI) NOTE 0.625 04/15/2023 0.91
GERMANY (FEDERAL REPUBLIC OF) 0.5 02/15/2028 0.81
TREASURY NOTE 2.875 11/30/2025 0.51
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Apr 30, 2019

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of Apr 30, 2019

% of Net Assets

Type Fund Benchmark Net
as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 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
A2 Hgd PLN Accumulating 16.07 0.06 0.37 16.64 14.90 - LU0480534592 - -
D2 EUR Accumulating 54.26 -0.08 -0.15 55.40 48.91 - LU0523293024 - -
A2 HUF Accumulating 16,197.59 -111.73 -0.69 16,411.77 14,454.58 - LU0566074125 - -
A2 Hgd AUD Accumulating 16.68 0.07 0.42 17.24 15.44 - LU0468326631 - -
D2 Hgd CHF Accumulating 12.18 0.05 0.41 12.78 11.37 - LU0827880260 - -
C2 USD Accumulating 42.97 0.18 0.42 44.50 39.86 - LU0147395726 - -
X2 Hgd AUD Accumulating 19.38 0.08 0.41 19.78 17.82 - LU0525289509 - -
C2 EUR Accumulating 38.37 -0.06 -0.16 39.24 34.88 - LU0331284793 - -
I2 EUR Accumulating 54.07 -0.08 -0.15 55.20 48.70 - LU1653088838 - -
D4 EUR Annual 48.88 -0.07 -0.14 49.91 44.07 - LU0827880005 - -
D2 Hgd SGD Accumulating 13.90 0.06 0.43 14.29 12.84 - LU0827880690 - -
E2 USD Accumulating 51.15 0.21 0.41 52.67 47.31 - LU0147396450 - -
I2 Hgd EUR Accumulating 38.07 0.15 0.40 39.76 35.45 - LU0368231949 - -
D2 Hgd GBP Accumulating 30.29 0.13 0.43 31.41 28.12 - LU0827880344 - -
D2 Hgd PLN Accumulating 16.90 0.07 0.42 17.40 15.62 - LU0827880427 - -
D2 Hgd AUD Accumulating 17.53 0.07 0.40 18.02 16.19 - LU0827880187 - -
X2 Hgd EUR Accumulating 11.01 0.04 0.36 11.43 10.22 - LU0260352280 - -
E2 EUR Accumulating 45.68 -0.07 -0.15 46.69 41.39 - LU0171283533 - -
X2 Hgd JPY Accumulating 1,083.00 4.00 0.37 1,122.00 1,005.00 - LU1445720094 - -
A2 Hgd CNH Accumulating 126.08 0.52 0.41 129.07 116.57 - LU1062906877 - -
A2 USD Accumulating 55.72 0.23 0.41 57.16 51.42 - LU0072462426 - -
A2 Hgd GBP Accumulating 28.83 0.11 0.38 30.08 26.85 - LU0236177068 - -
X2 EUR Accumulating 60.55 -0.09 -0.15 61.79 54.38 - LU0984173384 - -
A2 Hgd CHF Accumulating 11.58 0.05 0.43 12.22 10.84 - LU0343169966 - -
Class AI2 EUR - 9.94 -0.03 -0.30 10.14 9.88 - LU1960222104 - -
J2 USD Accumulating 68.25 0.28 0.41 69.43 62.56 - LU0304953069 - -
A2 Hgd EUR Accumulating 35.39 0.14 0.40 37.25 33.08 - LU0212925753 - -
D2 USD Accumulating 60.75 0.25 0.41 61.98 55.90 - LU0329592538 - -
D2 Hgd EUR Accumulating 38.58 0.15 0.39 40.37 35.96 - LU0329591480 - -
I2 Hgd SGD Accumulating 13.94 0.06 0.43 14.31 12.87 - LU0810842038 - -
A2 EUR Accumulating 49.76 -0.08 -0.16 50.84 45.00 - LU0171283459 - -
C2 Hgd EUR Accumulating 27.30 0.10 0.37 29.09 25.66 - LU0212926058 - -
X2 USD Accumulating 67.80 0.28 0.41 68.97 62.14 - LU0328507826 - -
A4 EUR Annual 48.58 -0.07 -0.14 49.63 43.93 - LU0408221512 - -
E2 Hgd PLN Accumulating 15.40 0.06 0.39 16.01 14.31 - LU0530192003 - -
A2 Hgd SGD Accumulating 13.15 0.06 0.46 13.60 12.18 - LU0308772762 - -
Class AI2 Hedged EUR - 9.81 -0.06 -0.61 10.05 9.81 - LU1960222286 - -
X4 USD Annual 12.16 0.05 0.41 12.56 11.15 - LU0953392981 - -
D4 GBP Accumulating 43.20 0.09 0.21 43.84 39.82 - LU1852330908 - -
A4 Hgd EUR Annual 33.02 0.13 0.40 34.83 30.87 - LU0240613025 - -
A2 Hgd HKD Accumulating 13.32 0.06 0.45 13.78 12.35 - LU0788109477 - -
D4 Hgd EUR Annual 33.22 0.14 0.42 35.09 30.96 - LU0827880773 - -
I2 USD Accumulating 60.54 0.25 0.41 61.67 55.66 - LU0368249560 - -
A4 USD Annual 54.39 0.22 0.41 55.92 50.20 - LU0724617625 - -
E2 Hgd EUR Accumulating 33.85 0.13 0.39 35.80 31.71 - LU0212926132 - -

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

 

 

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