Equity

BGF Global Dynamic Equity Fund

Overview

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Performance

Performance

  • Returns

  From
31-Dec-2013
To
31-Dec-2014
From
31-Dec-2014
To
31-Dec-2015
From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Dec 31, 2018

18.89 9.78 9.61 5.48 -7.49
Benchmark (%) Index: 60% SNP500EUR / 40% FTWXUS_EUR Index<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 Dec 31, 2018

21.21 10.48 12.40 8.69 -3.54
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 574
Size of Fund (Millions) as of Mar 22, 2019 USD 650.313
Base Currency U.S. Dollar
Fund Inception Date Feb 28, 2006
Share Class Currency Euro
Share Class Inception Date Sep 20, 2012
Asset Class Equity
Morningstar Category Global Large-Cap Blend Equity
Benchmark Index 60% SNP500EUR / 40% FTWXUS_EUR Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0827880856
Bloomberg Ticker BGDED2E
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B8F64W8
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100000
Minimum Subsequent Investment -
Use of Income Accumulating

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Dynamic Equity Fund, Class D2, as of Feb 28, 2019 rated against 3427 Global Large-Cap Blend Equity Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Nov 9, 2014)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Feb 28, 2019
Name Weight (%)
ALPHABET INC CLASS C 2.46
JOHNSON & JOHNSON 1.90
APPLE INC 1.80
COMCAST CORP CLASS A 1.79
EXXON MOBIL CORP 1.74
Name Weight (%)
MICROSOFT CORP 1.57
ANTHEM INC 1.56
WILLIAMS INC 1.47
AMAZON COM INC 1.40
NESTLE SA 1.37
as of Feb 28, 2019
Name Weight (%)
MANDATORY EXCHANGEABLE SPONSORED A 144A 5.75 06/01/2019 0.47
TREASURY NOTE 1.5 11/30/2019 0.40
Name Weight (%)
CHINA MILK PRODUCTS GROUP LTD VR 01/05/2012 0.00
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2019

% of Net Assets

Type Fund
Allocations subject to change.
as of Feb 28, 2019

% of Net Assets

Type Fund
as of Feb 28, 2019

% of Market Value

Type Fund
as of Feb 28, 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. On a market value basis the Fund is comprised of 89% equities, 2% fixed income, 9% cash equivalents. The Funds will not use borrowing to purchase additional investments but may be expected, via derivative positions, to obtain market exposure in excess of net asset value.



Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
D2 EUR Accumulating 19.28 0.05 0.26 19.57 16.58 - LU0827880856 - -
D2 USD Accumulating 21.74 -0.12 -0.55 22.64 18.95 - LU0368268198 - -
A2 USD Accumulating 20.05 -0.10 -0.50 20.97 17.50 - LU0238689110 - -
A4 EUR Annual 17.75 0.05 0.28 18.09 15.29 - LU0408221603 - -
C2 Hgd EUR Accumulating 11.38 -0.06 -0.52 12.25 10.04 - LU0326425435 - -
A2 Hgd CNH Accumulating 124.38 -0.66 -0.53 129.87 108.76 - LU1254117549 - -
X2 USD Accumulating 24.70 -0.13 -0.52 25.57 21.48 - LU0331284876 - -
E2 EUR Accumulating 16.65 0.05 0.30 17.03 14.36 - LU0238689896 - -
C2 EUR Accumulating 15.11 0.04 0.27 15.52 13.06 - LU0331285097 - -
E2 USD Accumulating 18.78 -0.10 -0.53 19.71 16.42 - LU0238689201 - -
A2 Hgd EUR Accumulating 13.11 -0.07 -0.53 14.01 11.53 - LU0238690555 - -
D4 EUR Annual 16.09 0.05 0.31 16.42 13.84 - LU0938162772 - -
E2 Hgd EUR Accumulating 12.53 -0.07 -0.56 13.43 11.03 - LU0238690985 - -
D2 Hgd EUR Accumulating 13.76 -0.08 -0.58 14.64 12.08 - LU0326425609 - -
C2 USD Accumulating 17.04 -0.09 -0.53 17.97 14.92 - LU0238688146 - -
A2 EUR Accumulating 17.77 0.05 0.28 18.12 15.32 - LU0238689623 - -

Portfolio Managers

Portfolio Managers

Dan Chamby, CFA
Managing Director, Global Allocation

Managing Director, Global Allocation

David Clayton, CFA, JD
Portfolio Manager, Global Allocation

David Clayton

Kent Hogshire, CFA
Portfolio Manager, Global Allocation

 Kent Hogshire, CFA, Managing Director and portfolio manager, is a member of the Global Allocation team within BlackRock’s Multi-Asset Strategies Group.

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