BGF Global Equity Income Fund

Equity

BGF Global Equity Income Fund

Overview

Investment Approach

The Fund aims to generate an above average level of income on your investment as well as maintain long term capital growth. The Fund invests globally at least 70% of its total assets in shares of companies domiciled in, or the main business of which is in, developed markets.
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.
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Performance

Performance

  From
31-Mar-2015
To
31-Mar-2016		 From
31-Mar-2016
To
31-Mar-2017		 From
31-Mar-2017
To
31-Mar-2018		 From
31-Mar-2018
To
31-Mar-2019		 From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2020

3.29 8.66 5.79 3.26 -13.89
Benchmark (%) Index: MSCI All Country World Index (Net Total Return)<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Mar 31, 2020

-4.34 15.04 14.85 2.60 -11.26
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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Share Class and Benchmark performance displayed in USD. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Past performance is not a guide to future performance.

Distributions

Record Date Ex-Date Payable Date
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Record Date Ex-Date Payable Date Total Distribution Current year distributions are not classified as “Income,” “Short-Term Capital Gains,” “Long-Term Capital Gains,” or “Return of Capital” until calendar year-end.

Key Facts

Key Facts

Size of Fund (Millions) as of Jun 5, 2020 USD 1,025.979
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. as of May 31, 2020 3.42
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of May 29, 2020 50
Base Currency U.S. Dollar
Fund Inception Date Nov 12, 2010
Share Class Inception Date Nov 12, 2010
Asset Class Equity
Morningstar Category Global Equity Income
Benchmark Index MSCI All Country World Index (Net Total Return)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 1.81%
ISIN LU0553294199
Bloomberg Ticker BGGEA5G
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B5V2PH1
Bloomberg Benchmark Ticker NDUEACWF
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 Distributing

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for BGF Global Equity Income Fund, Class A5G, as of May 31, 2020 rated against 904 Global Equity Income Funds.
Ratings Report

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of May 29, 2020
Name Weight (%)
UNILEVER PLC 3.75
TELUS CORP 3.54
COCA-COLA 3.42
NOVARTIS AG 3.38
AMCOR CDI PLC 3.35
Name Weight (%)
BRITISH AMERICAN TOBACCO PLC 3.26
PAYCHEX INC 3.11
ABBVIE INC 3.05
PHILIP MORRIS INTERNATIONAL INC 3.03
MEDTRONIC PLC 2.93
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 29, 2020

% of Market Value

Type Fund Benchmark Net
as of May 29, 2020

% of Market Value

Type Fund Benchmark Net
as of May 29, 2020

% of Market Value

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.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A5G USD Quarterly 12.96 0.22 1.73 14.26 9.62 - LU0553294199 - -
C2 USD Accumulating 14.57 0.24 1.67 15.97 10.84 - LU0545039629 - -
D2 Hgd SGD Accumulating 16.43 0.27 1.67 18.10 12.23 - LU0827881581 - -
E5G USD Quarterly 12.40 0.20 1.64 13.67 9.21 - LU0579999342 - -
A2 USD Accumulating 17.35 0.29 1.70 18.93 12.88 - LU0545039389 - -
D2 Hgd PLN Accumulating 18.59 0.31 1.70 20.57 13.86 - LU0827881151 - -
D5G GBP Quarterly 10.85 0.09 0.84 11.65 8.77 - LU0827881748 - -
D5G Hgd GBP Quarterly 7.83 0.13 1.69 8.72 5.83 - LU0827881318 - -
A4G EUR Annual 11.71 0.18 1.56 13.15 9.08 - LU0739721834 - -
D5G Hgd EUR Quarterly 11.46 0.18 1.60 12.75 8.56 - LU0827881664 - -
A2 EUR Accumulating 15.36 0.22 1.45 17.26 11.92 - LU0880975056 - -
D2 Hgd EUR Accumulating 14.99 0.23 1.56 16.53 11.19 - LU0827881409 - -
A6 USD Monthly Stable 13.21 0.22 1.69 14.63 9.90 - LU0738911758 - -
D2 Hgd CHF Accumulating 13.35 0.22 1.68 14.67 9.94 - LU0862987244 - -
Class AI2 EUR - - - - - - - LU1960222955 - -
D5G USD Quarterly 13.73 0.23 1.70 15.06 10.17 - LU0827881235 - -
A2 Hgd PLN Accumulating 17.55 0.29 1.68 19.48 13.11 - LU0654592483 - -
D4G EUR Annual 13.38 0.20 1.52 14.99 10.37 - LU0938162426 - -
A2 Hgd EUR Accumulating 14.16 0.23 1.65 15.65 10.58 - LU0625451603 - -
A5G Hgd EUR Quarterly 10.82 0.17 1.60 12.06 8.09 - LU0625451512 - -
E2 EUR Accumulating 14.67 0.21 1.45 16.51 11.40 - LU0628613043 - -
E5G Hgd EUR Quarterly 10.07 0.16 1.61 11.25 7.54 - LU0628613126 - -
A8 Hgd ZAR Monthly Stable with IRD 105.38 1.70 1.64 119.04 79.30 - LU1023055079 - -
X2 USD Accumulating 20.54 0.35 1.73 22.25 15.18 - LU0545040635 - -
Class AI5G Hedged EUR - 9.19 0.07 0.77 10.42 6.98 - LU1960223177 - -
A2 Hgd SGD Accumulating 15.52 0.25 1.64 17.15 11.57 - LU0661495795 - -
Class AI2 Hedged EUR - - - - - - - LU1960223094 - -
A2 Hgd CHF Accumulating 10.70 0.18 1.71 11.79 7.98 - LU1115429885 - -
A5G Hgd SGD Quarterly 12.03 0.20 1.69 13.40 8.96 - LU0661504455 - -
D2 USD Accumulating 18.63 0.31 1.69 20.27 13.80 - LU0545039975 - -
A6 Hgd HKD Monthly Stable 100.38 1.67 1.69 111.38 75.17 - LU1003077747 - -
I2 USD Accumulating 12.73 0.21 1.68 13.84 9.43 - LU0545040395 - -
A5G GBP Quarterly 10.22 0.08 0.79 11.05 8.27 - LU0557294096 - -
A4G Hgd EUR Annual 10.02 0.16 1.62 11.08 7.49 - LU1529944511 - -
A8 Hgd CNH Monthly Stable with IRD 103.69 1.73 1.70 114.58 77.36 - LU1220226846 - -
A6 Hgd SGD Monthly Stable 10.28 0.17 1.68 11.53 7.73 - LU0949170772 - -
A8 Hgd AUD Monthly Stable with IRD 10.24 0.17 1.69 11.55 7.70 - LU0949170699 - -
E2 USD Accumulating 16.57 0.27 1.66 18.11 12.31 - LU0545040122 - -
C5G USD Quarterly 11.01 0.18 1.66 12.17 8.19 - LU0592708423 - -
E2 Hgd EUR - 9.34 0.15 1.63 10.34 6.98 - LU1786037793 - -

Portfolio Managers

Portfolio Managers

Andrew Wheatley-Hubbard, CFA
Andrew Wheatley-Hubbard, CFA
Portfolio Manager, Global Dividend Income
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Andrew Wheatley-Hubbard, CFA, Director, is a member of the Global Equity Platform within Fundamental Equity, and is on the London Based Global Equity team.


He is co-portfolio manager for the Global Dividend and Long-Horizon portfolios and acts as Director of Research for the team. Andrew is responsible for covering Industrial and Materials stocks, specifically Transport, Commercial Services, Paper and Packaging.


Mr. Wheatley-Hubbard has worked for BlackRock in both London and Hong Kong. In previous roles, he was responsible for covering Singaporean, Global Real Estate and Capital Goods equities.


Mr. Wheatley-Hubbard earned a BA and a MEng degree in engineering from Cambridge University.

Literature

Literature