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

  • 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 736
Size of Fund (Millions) as of May 27, 2020 USD 12,968.366
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency Hong Kong Dollar
Share Class Inception Date Jun 13, 2012
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.
ISIN LU0788109477
Bloomberg Ticker BGAFA2H
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B7QCR07
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment HKD 5000
Minimum Subsequent Investment HKD 1000
Use of Income Accumulating

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Allocation Fund, Class A2 Hedged, as of Apr 30, 2020 rated against 751 USD Moderate Allocation Funds.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Apr 30, 2020
Name Weight (%)
MICROSOFT CORP 1.97
AMAZON COM INC 1.92
APPLE INC 1.71
ALPHABET INC CLASS C 1.57
SPDR S&P ETF TRUST 1.30
Name Weight (%)
UNITEDHEALTH GROUP INC 1.09
CHARTER COMMUNICATIONS INC CLASS A 0.85
COMCAST CORP CLASS A 0.83
SIEMENS N AG 0.78
MASTERCARD INC CLASS A 0.77
as of Apr 30, 2020
Name Weight (%)
TREASURY NOTE 1.75 11/15/2029 2.70
TREASURY (CPI) NOTE 0.5 04/15/2024 1.83
TREASURY (CPI) NOTE 0.125 10/15/2024 1.44
WI TREASURY (CPI) NOTE 0.125 04/15/2025 1.35
TREASURY BOND 2.375 11/15/2049 1.27
Name Weight (%)
JAPAN (GOVERNMENT OF) 30YR #64 0.4 09/20/2049 1.02
FNMA 30YR 0.95
ITALY (REPUBLIC OF) 1.35 04/01/2030 0.77
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.76
SPAIN (KINGDOM OF) 0.6 10/31/2029 0.70
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Apr 30, 2020

% of Net Assets

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

% of Net Assets

Type Fund Benchmark Net
as of Apr 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Apr 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 Hgd HKD Accumulating 14.09 -0.03 -0.21 14.93 11.65 - LU0788109477 - -
A2 HUF Accumulating 18,778.07 -41.01 -0.22 19,485.35 15,897.45 - LU0566074125 - -
A4 EUR Annual 52.27 -0.13 -0.25 56.31 43.99 - LU0408221512 - -
E2 EUR Accumulating 49.10 -0.13 -0.26 52.97 41.36 - LU0171283533 - -
A2 Hgd PLN Accumulating 16.80 -0.03 -0.18 17.92 13.93 - LU0480534592 - -
X4 USD Annual 12.85 -0.02 -0.16 13.53 10.60 - LU0953392981 - -
D2 Hgd AUD Accumulating 18.27 -0.04 -0.22 19.60 15.16 - LU0827880187 - -
A2 Hgd AUD Accumulating 17.25 -0.04 -0.23 18.55 14.33 - LU0468326631 - -
E2 Hgd PLN Accumulating 16.02 -0.03 -0.19 17.11 13.29 - LU0530192003 - -
C2 EUR Accumulating 40.93 -0.11 -0.27 44.25 34.53 - LU0331284793 - -
I2 EUR Accumulating 58.98 -0.15 -0.25 63.38 49.55 - LU1653088838 - -
X2 EUR Accumulating 66.55 -0.17 -0.25 71.38 55.85 - LU0984173384 - -
D2 Hgd SGD Accumulating 14.67 -0.03 -0.20 15.61 12.15 - LU0827880690 - -
E2 USD Accumulating 53.95 -0.11 -0.20 57.18 44.68 - LU0147396450 - -
C2 USD Accumulating 44.98 -0.09 -0.20 47.76 37.29 - LU0147395726 - -
D4 EUR Annual 52.61 -0.13 -0.25 56.57 44.22 - LU0827880005 - -
C2 Hgd EUR Accumulating 27.78 -0.05 -0.18 29.75 23.12 - LU0212926058 - -
D2 Hgd CHF Accumulating 12.61 -0.03 -0.24 13.42 10.46 - LU0827880260 - -
X2 Hgd AUD Accumulating 20.39 -0.04 -0.20 21.82 16.89 - LU0525289509 - -
D2 EUR Accumulating 59.06 -0.15 -0.25 63.50 49.64 - LU0523293024 - -
A2 Hgd CHF Accumulating 11.90 -0.02 -0.17 12.69 9.88 - LU0343169966 - -
A4 USD Annual 57.43 -0.11 -0.19 60.78 47.51 - LU0724617625 - -
D2 Hgd PLN Accumulating 17.80 -0.03 -0.17 18.95 14.73 - LU0827880427 - -
D4 Hgd EUR Annual 34.09 -0.06 -0.18 36.29 28.27 - LU0827880773 - -
E2 Hgd EUR Accumulating 34.70 -0.07 -0.20 37.08 28.84 - LU0212926132 - -
A2 Hgd CNH Accumulating 134.22 -0.25 -0.19 141.91 110.83 - LU1062906877 - -
I2 Hgd EUR Accumulating 39.60 -0.08 -0.20 42.14 32.83 - LU0368231949 - -
D2 Hgd GBP Accumulating 31.58 -0.06 -0.19 33.73 26.19 - LU0827880344 - -
X2 Hgd JPY Accumulating 1,143.00 -2.00 -0.17 1,207.00 946.00 - LU1445720094 - -
I2 USD Accumulating 64.80 -0.12 -0.18 68.40 53.52 - LU0368249560 - -
I2 Hgd SGD Accumulating 14.75 -0.02 -0.14 15.69 12.21 - LU0810842038 - -
A4 Hgd EUR Annual 33.88 -0.06 -0.18 36.15 28.13 - LU0240613025 - -
A2 Hgd GBP Accumulating 29.84 -0.06 -0.20 31.93 24.78 - LU0236177068 - -
X2 Hgd EUR Accumulating 11.55 -0.02 -0.17 12.26 9.56 - LU0260352280 - -
A2 USD Accumulating 59.07 -0.11 -0.19 62.51 48.87 - LU0072462426 - -
Class AI2 EUR - 10.75 0.03 0.28 11.55 9.02 - LU1960222104 - -
A2 Hgd EUR Accumulating 36.46 -0.07 -0.19 38.90 30.28 - LU0212925753 - -
D4 GBP Accumulating 47.16 0.24 0.51 47.37 40.98 - LU1852330908 - -
A2 EUR Accumulating 53.76 -0.14 -0.26 57.92 45.24 - LU0171283459 - -
J2 USD Accumulating 73.61 -0.14 -0.19 77.54 60.72 - LU0304953069 - -
D2 USD Accumulating 64.89 -0.12 -0.18 68.53 53.61 - LU0329592538 - -
X2 USD Accumulating 73.13 -0.13 -0.18 77.03 60.32 - LU0328507826 - -
Class AI2 Hedged EUR - 10.16 0.10 0.99 10.82 8.42 - LU1960222286 - -
A2 Hgd SGD Accumulating 13.77 -0.03 -0.22 14.69 11.43 - LU0308772762 - -
D2 Hgd EUR Accumulating 40.06 -0.07 -0.17 42.65 33.22 - LU0329591480 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Managing Director, Chief Investment Officer of Global Fixed Income and Head of the Global Allocation Investment Team in the Multi-Asset Strategies Group

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