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Multi Asset

BGF Dynamic High Income 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.

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.

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Performance

Performance

  • Returns

  From
30-Jun-2014
To
30-Jun-2015
From
30-Jun-2015
To
30-Jun-2016
From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Jun 30, 2019

- - - - 5.59
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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Distributions

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Class (Millions) as of Aug 22, 2019 NZD 9.60
Size of Fund (Millions) as of Aug 22, 2019 USD 3,042.735
Asset Class MultiAsset
Lipper Classification -
CUSIP BRTH7JDH2
Fund Inception Date Feb 6, 2018
Share Class Inception Date May 9, 2018
Morningstar Category Other Allocation
Regulatory Structure UCITS
Net, Excluding Investment Related Expenses -
Management Company BlackRock (Luxembourg) S.A.
Gross Expense Ratio -
ISIN LU1811365961
Bloomberg Ticker BGDA8NH
Max Offer Price -
Initial Charge 5.00%
Open to New Investors Yes
Performance Fee 0.00%
Turnover Percent -
SEDOL BD9C1W6
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment NZD 5000
Minimum Subsequent Investment NZD 1000
Use of Income Distributing

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jul 31, 2019
Name Weight (%)
ISHARES CORE S&P 500 UCITS ETF (DI 1.48
ISHARES $ HIGH YIELD CRP BND ETF $ 1.28
TRANSCANADA TRUST 5.875 08/15/2076 0.63
UBS GROUP FUNDING SWITZERLAND AG RegS 6.875 12/31/2049 0.62
HSBC HOLDINGS PLC 6.5 12/31/2049 0.55
Name Weight (%)
ENBRIDGE INC 6.25 03/01/2078 0.52
WESTPAC BANKING CORP. (NEW ZEALAND 5 12/31/2049 0.48
CLEAR CHANNEL WORLDWIDE HOLDINGS I 144A 9.25 02/15/2024 0.43
BARCLAYS PLC RegS 7.875 12/31/2049 0.41
SAMSUNG ELECTRONICS NON VOTING PRE 0.39
Holdings 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
A8 Hgd NZD Monthly 9.62 0.02 0.21 10.13 8.78 - LU1811365961 - -
Class I2 BRL Hedged (USD) USD - 9.66 -0.02 -0.21 10.53 9.59 - LU2008661188 - -
Class E5 Hedged EUR - 9.36 0.01 0.11 9.94 8.53 - LU1728558732 - -
D6 USD Monthly 9.59 0.02 0.21 9.93 8.66 - LU1564329388 - -
D5 Hgd GBP Quarterly 10.18 0.02 0.20 10.35 9.90 - LU1940842427 - -
A2 USD Accumulating 10.52 0.02 0.19 10.68 9.11 - LU1564329032 - -
A6 Hgd SGD Monthly 9.32 0.01 0.11 9.83 8.52 - LU1564329461 - -
A6 Hgd EUR Monthly 9.03 0.02 0.22 9.73 8.37 - LU1706154686 - -
D2 Hgd CHF Accumulating 10.10 0.02 0.20 10.28 8.91 - LU1800013010 - -
A2 Hgd CHF Accumulating 9.99 0.01 0.10 10.19 8.86 - LU1800012988 - -
X2 USD - 10.80 0.02 0.19 10.94 9.25 - LU1564329891 - -
Class I6 USD Monthly 9.83 0.02 0.20 10.13 8.87 - LU1873113655 - -
D2 USD Accumulating 10.64 0.01 0.09 10.79 9.17 - LU1564329206 - -
Class AI2 EUR - 10.21 0.01 0.10 10.41 9.95 - LU1960219738 - -
A8 Hgd CNH Monthly 94.05 0.18 0.19 98.85 85.96 - LU1733225004 - -
A6 Hgd HKD Monthly 93.25 0.16 0.17 98.29 85.16 - LU1697837992 - -
A8 Hgd AUD Monthly 9.36 0.02 0.21 9.87 8.55 - LU1564329545 - -
E2 Hgd EUR - 9.98 0.01 0.10 10.18 8.85 - LU1728558658 - -
E2 EUR - 11.67 0.02 0.17 11.83 9.85 - LU1728558575 - -
A6 USD Monthly 9.48 0.02 0.21 9.90 8.61 - LU1564329115 - -
A6 Hgd GBP Monthly 9.18 0.02 0.22 9.79 8.45 - LU1733224965 - -
D2 EUR Accumulating 9.59 0.02 0.21 9.71 8.03 - LU1811365615 - -
A6 Hgd CAD Monthly 9.58 0.02 0.21 10.11 8.76 - LU1811366001 - -
I2 EUR - 9.71 0.03 0.31 9.82 8.11 - LU1811365532 - -
CLASS AI5 EUR - 10.05 0.02 0.20 10.25 9.94 - LU1960219811 - -
D2 Hgd EUR Accumulating 10.30 0.02 0.19 10.49 9.06 - LU1811365888 - -

Portfolio Managers

Portfolio Managers

Michael Fredericks
Head of Income Investing for BlackRock Multi-Asset Strategies Team
Justin Christofel, CFA
Portfolio Manager, Multi-Asset Portfolio Strategies
Alex Shingler, CFA
Portfolio Manager, Multi-Asset Portfolio Strategies

Literature

Literature

 

 

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I professionally manage portfolios on behalf of institutions such as pension funds, sovereign funds, insurance companies, etc.

Individual investor
I buy and sell securities for my personal account, not for another company or organization. I am not a financial professional nor an institutional investor.