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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
View full table
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

5.04 7.29 -1.54 -2.02 10.60
Benchmark (%)

as of Sep 30, 2020

10.65 10.08 6.24 4.98 9.05
  1Y 3Y 5Y 10y Incept.
10.60 2.19 3.76 3.11 3.82
Benchmark (%)

as of Sep 30, 2020

9.05 6.74 8.18 7.07 6.40
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
5.44 -1.95 7.58 10.60 6.71 20.25 35.82 78.33
Benchmark (%)

as of Sep 30, 2020

3.62 -1.98 5.38 9.05 21.62 48.14 97.93 160.73
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

Number of Issuers 901
Size of Fund (Millions) as of Oct 29, 2020 USD 13,708.798
12m Trailing Yield -
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency Euro
Share Class Inception Date Apr 22, 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.
Ongoing Charge 2.27%
ISIN LU0212926132
Bloomberg Ticker MLGAHEE
Annual Management Fee 2.00%
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL B0FBSS1
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

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of Sep 30, 2020 21.08
Average Market Cap (Millions) as of Sep 30, 2020 USD 312,922.8 M
Effective Duration as of Sep 30, 2020 2.50 yrs
Effective Duration Fixed Income as of Sep 30, 2020 10.02 yrs
Effective Duration Fixed Income and Cash as of Sep 30, 2020 7.19 yrs

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for BGF Global Allocation Fund, Class E2 Hedged, as of Sep 30, 2020 rated against 1919 EUR Moderate Allocation - Global Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
APPLE INC 2.13
MICROSOFT CORP 2.04
AMAZON COM INC 1.97
ALPHABET INC CLASS C 1.39
UNITEDHEALTH GROUP INC 1.01
Name Weight (%)
SIEMENS N AG 0.93
MASTERCARD INC CLASS A 0.90
TAIWAN SEMICONDUCTOR MANUFACTURING 0.90
UNION PACIFIC CORP 0.89
COMCAST CORP CLASS A 0.85
as of Sep 30, 2020
Name Weight (%)
WI TREASURY (CPI) NOTE 0.125 04/15/2025 3.58
TREASURY NOTE 1.75 11/15/2029 1.98
ISHARES $ HIGH YIELD CRP BND ETF $ 1.89
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.29 05/23/2029 1.36
TREASURY (CPI) NOTE 0.125 10/15/2024 1.29
Name Weight (%)
JAPAN (GOVERNMENT OF) 30YR #64 0.4 09/20/2049 0.87
ITALY (REPUBLIC OF) 1.35 04/01/2030 0.80
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.73
SPAIN (KINGDOM OF) 0.6 10/31/2029 0.69
ITALY (REPUBLIC OF) 0.95 08/01/2030 0.64
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of Sep 30, 2020

% of Net Assets

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 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
E2 Hgd EUR Accumulating 37.67 0.01 0.03 39.47 28.84 - LU0212926132 - -
D2 EUR Accumulating 61.02 0.30 0.49 63.50 49.64 - LU0523293024 - -
A2 Hgd CHF Accumulating 12.95 0.00 0.00 13.57 9.88 - LU0343169966 - -
I2 EUR Accumulating 60.99 0.30 0.49 63.39 49.55 - LU1653088838 - -
A2 HUF Accumulating 20,307.64 32.69 0.16 20,921.39 15,897.45 - LU0566074125 - -
X2 Hgd AUD Accumulating 22.41 0.01 0.04 23.46 16.89 - LU0525289509 - -
E2 Hgd PLN Accumulating 17.43 0.01 0.06 18.28 13.29 - LU0530192003 - -
C2 EUR Accumulating 41.94 0.20 0.48 44.25 34.53 - LU0331284793 - -
A4 EUR Annual 53.83 0.26 0.49 56.31 43.99 - LU0408221512 - -
D4 EUR Annual 54.11 0.26 0.48 56.57 44.22 - LU0827880005 - -
A2 Hgd PLN Accumulating 18.32 0.01 0.05 19.21 13.93 - LU0480534592 - -
E2 EUR Accumulating 50.47 0.25 0.50 52.97 41.36 - LU0171283533 - -
D2 Hgd SGD Accumulating 16.08 0.01 0.06 16.83 12.15 - LU0827880690 - -
D2 Hgd AUD Accumulating 20.00 0.01 0.05 20.94 15.16 - LU0827880187 - -
C2 USD Accumulating 48.99 0.02 0.04 51.31 37.29 - LU0147395726 - -
X2 EUR Accumulating 69.04 0.34 0.49 71.74 55.85 - LU0984173384 - -
E2 USD Accumulating 58.95 0.03 0.05 61.73 44.68 - LU0147396450 - -
A2 Hgd AUD Accumulating 18.82 0.01 0.05 19.72 14.33 - LU0468326631 - -
C2 Hgd EUR Accumulating 30.06 0.01 0.03 31.51 23.12 - LU0212926058 - -
X4 USD Annual 13.99 0.01 0.07 14.63 10.60 - LU0953392981 - -
D2 Hgd CHF Accumulating 13.77 0.00 0.00 14.42 10.46 - LU0827880260 - -
D2 Hgd GBP Accumulating 34.61 0.02 0.06 36.22 26.19 - LU0827880344 - -
I2 Hgd EUR Accumulating 43.26 0.02 0.05 45.30 32.83 - LU0368231949 - -
D4 Hgd EUR Annual 37.03 0.02 0.05 38.78 28.27 - LU0827880773 - -
X2 Hgd EUR Accumulating 12.66 0.01 0.08 13.25 9.56 - LU0260352280 - -
X2 Hgd JPY Accumulating 1,259.00 1.00 0.08 1,317.00 946.00 - LU1445720094 - -
A4 USD Annual 62.88 0.03 0.05 65.83 47.51 - LU0724617625 - -
I2 USD Accumulating 71.25 0.04 0.06 74.56 53.52 - LU0368249560 - -
I2 Hgd SGD Accumulating 16.18 0.01 0.06 16.94 12.21 - LU0810842038 - -
A2 USD Accumulating 64.68 0.03 0.05 67.71 48.87 - LU0072462426 - -
A2 Hgd CNH Accumulating 148.21 0.12 0.08 154.91 110.83 - LU1062906877 - -
D2 Hgd PLN Accumulating 19.47 0.01 0.05 20.41 14.73 - LU0827880427 - -
A2 Hgd HKD Accumulating 15.44 0.01 0.06 16.16 11.65 - LU0788109477 - -
A4 Hgd EUR Annual 36.86 0.02 0.05 38.61 28.13 - LU0240613025 - -
A2 Hgd GBP Accumulating 32.59 0.01 0.03 34.12 24.78 - LU0236177068 - -
Class AI2 EUR - 10.99 -0.14 -1.26 11.55 9.02 - LU1960222104 - -
D2 USD Accumulating 71.28 0.04 0.06 74.60 53.61 - LU0329592538 - -
A2 EUR Accumulating 55.37 0.27 0.49 57.92 45.24 - LU0171283459 - -
A2 Hgd EUR Accumulating 39.66 0.01 0.03 41.55 30.28 - LU0212925753 - -
D4 GBP Accumulating 48.90 0.23 0.47 50.91 40.98 - LU1852330908 - -
J2 USD Accumulating 81.19 0.04 0.05 84.93 60.72 - LU0304953069 - -
A2 Hgd SGD Accumulating 15.05 0.01 0.07 15.76 11.43 - LU0308772762 - -
D2 Hgd EUR Accumulating 43.72 0.02 0.05 45.78 33.22 - LU0329591480 - -
Class AI2 Hedged EUR - 11.03 -0.24 -2.13 11.56 8.42 - LU1960222286 - -
X2 USD Accumulating 80.66 0.05 0.06 84.37 60.32 - LU0328507826 - -

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