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

6.47 9.83 1.67 1.64 13.84
Benchmark (%)

as of Sep 30, 2020

10.65 10.08 6.24 4.98 9.05
  1Y 3Y 5Y 10y Incept.
9.01 4.47 5.10 4.63 6.64
Benchmark (%)

as of Oct 31, 2020

5.12 5.70 6.78 6.59 6.41
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
5.16 -2.28 -0.36 9.01 14.01 28.22 57.28 362.48
Benchmark (%)

as of Oct 31, 2020

1.71 -1.85 -0.35 5.12 18.10 38.84 89.24 339.11
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 919
Size of Fund (Millions) as of Nov 26, 2020 USD 14,954.707
12m Trailing Yield -
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency U.S. Dollar
Share Class Inception Date Jan 3, 1997
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.
Ongoing Charge 1.77%
ISIN LU0072462426
Bloomberg Ticker MERGAAI
Annual Management Fee 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL 5301377
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of Oct 30, 2020 20.69
Average Market Cap (Millions) as of Oct 30, 2020 USD 298,130.3 M
Effective Duration as of Oct 30, 2020 2.17 yrs
Effective Duration Fixed Income as of Oct 30, 2020 8.51 yrs
Effective Duration Fixed Income and Cash as of Oct 30, 2020 6.37 yrs

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for BGF Global Allocation Fund, Class A2, as of Oct 31, 2020 rated against 776 USD Moderate Allocation Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
MICROSOFT CORP 2.02
APPLE INC 1.93
AMAZON COM INC 1.82
ALPHABET INC CLASS C 1.52
UNITEDHEALTH GROUP INC 1.01
Name Weight (%)
JPMORGAN CHASE & CO 0.95
JOHNSON & JOHNSON 0.92
NEXTERA ENERGY INC 0.91
TAIWAN SEMICONDUCTOR MANUFACTURING 0.90
SIEMENS N AG 0.88
as of Oct 30, 2020
Name Weight (%)
TREASURY (CPI) NOTE 0.125 04/15/2025 2.73
ISHARES $ HIGH YIELD CRP BND ETF $ 1.95
TREASURY NOTE 1.75 11/15/2029 1.88
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.29 05/23/2029 1.42
TREASURY (CPI) NOTE 0.125 10/15/2024 1.32
Name Weight (%)
JAPAN (GOVERNMENT OF) 30YR #64 0.4 09/20/2049 0.90
ITALY (REPUBLIC OF) 1.35 04/01/2030 0.82
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.73
SPAIN (KINGDOM OF) 0.6 10/31/2029 0.72
ITALY (REPUBLIC OF) 0.95 08/01/2030 0.66
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Net Assets

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

% of Net Assets

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 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
A2 USD Accumulating 70.35 0.14 0.20 70.35 48.87 - LU0072462426 - -
I2 EUR Accumulating 65.16 0.16 0.25 65.16 49.55 - LU1653088838 - -
A2 HUF Accumulating 21,331.06 36.61 0.17 21,331.06 15,897.45 - LU0566074125 - -
D4 EUR Annual 57.80 0.14 0.24 57.80 44.22 - LU0827880005 - -
D2 EUR Accumulating 65.18 0.17 0.26 65.18 49.64 - LU0523293024 - -
E2 EUR Accumulating 53.86 0.14 0.26 53.86 41.36 - LU0171283533 - -
A2 Hgd AUD Accumulating 20.46 0.04 0.20 20.46 14.33 - LU0468326631 - -
A2 Hgd CHF Accumulating 14.08 0.03 0.21 14.08 9.88 - LU0343169966 - -
A4 EUR Annual 57.47 0.14 0.24 57.47 43.99 - LU0408221512 - -
D2 Hgd AUD Accumulating 21.75 0.04 0.18 21.75 15.16 - LU0827880187 - -
X2 EUR Accumulating 73.81 0.19 0.26 73.81 55.85 - LU0984173384 - -
E2 Hgd PLN Accumulating 18.97 0.04 0.21 18.97 13.29 - LU0530192003 - -
C2 EUR Accumulating 44.73 0.11 0.25 44.73 34.53 - LU0331284793 - -
X2 Hgd AUD Accumulating 24.39 0.05 0.21 24.39 16.89 - LU0525289509 - -
E2 USD Accumulating 64.10 0.13 0.20 64.10 44.68 - LU0147396450 - -
A2 Hgd PLN Accumulating 19.95 0.04 0.20 19.95 13.93 - LU0480534592 - -
C2 Hgd EUR Accumulating 32.66 0.07 0.21 32.66 23.12 - LU0212926058 - -
D2 Hgd SGD Accumulating 17.50 0.04 0.23 17.50 12.15 - LU0827880690 - -
C2 USD Accumulating 53.24 0.11 0.21 53.24 37.29 - LU0147395726 - -
X4 USD Annual 15.23 0.03 0.20 15.23 10.60 - LU0953392981 - -
D2 Hgd CHF Accumulating 14.98 0.03 0.20 14.98 10.46 - LU0827880260 - -
E2 Hgd EUR Accumulating 40.95 0.08 0.20 40.95 28.84 - LU0212926132 - -
D2 Hgd GBP Accumulating 37.63 0.08 0.21 37.63 26.19 - LU0827880344 - -
A2 Hgd GBP Accumulating 35.42 0.07 0.20 35.42 24.78 - LU0236177068 - -
X2 Hgd EUR Accumulating 13.78 0.03 0.22 13.78 9.56 - LU0260352280 - -
D4 Hgd EUR Annual 40.29 0.08 0.20 40.29 28.27 - LU0827880773 - -
A2 Hgd HKD Accumulating 16.79 0.03 0.18 16.79 11.65 - LU0788109477 - -
Class AI2 EUR - 11.76 0.00 0.00 11.76 9.02 - LU1960222104 - -
A4 Hgd EUR Annual 40.08 0.08 0.20 40.08 28.13 - LU0240613025 - -
D2 Hgd PLN Accumulating 21.21 0.04 0.19 21.21 14.73 - LU0827880427 - -
I2 Hgd EUR Accumulating 47.08 0.10 0.21 47.08 32.83 - LU0368231949 - -
I2 USD Accumulating 77.56 0.16 0.21 77.56 53.52 - LU0368249560 - -
X2 Hgd JPY Accumulating 1,370.00 3.00 0.22 1,370.00 946.00 - LU1445720094 - -
A2 Hgd EUR Accumulating 43.13 0.09 0.21 43.13 30.28 - LU0212925753 - -
A4 USD Annual 68.40 0.14 0.21 68.40 47.51 - LU0724617625 - -
A2 Hgd CNH Accumulating 161.37 0.37 0.23 161.37 110.83 - LU1062906877 - -
I2 Hgd SGD Accumulating 17.61 0.03 0.17 17.61 12.21 - LU0810842038 - -
J2 USD Accumulating 88.43 0.18 0.20 88.43 60.72 - LU0304953069 - -
A2 EUR Accumulating 59.11 0.15 0.25 59.11 45.24 - LU0171283459 - -
D4 GBP Annual 51.61 0.23 0.45 51.61 40.98 - LU1852330908 - -
D2 USD Accumulating 77.58 0.16 0.21 77.58 53.61 - LU0329592538 - -
Class AI2 Hedged EUR - 11.97 0.03 0.25 11.97 8.42 - LU1960222286 - -
D2 Hgd EUR Accumulating 47.56 0.09 0.19 47.56 33.22 - LU0329591480 - -
X2 USD Accumulating 87.85 0.19 0.22 87.85 60.32 - LU0328507826 - -
A2 Hgd SGD Accumulating 16.37 0.03 0.18 16.37 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