Multi Asset

BlackRock Global Allocation Fund (Aust)

Overview

This product is likely to be appropriate for a consumer:
• seeking capital growth
• using the product for a major allocation of their portfolio or less
• with a minimum investment timeframe of 5 years
• with a medium to high risk/return profile, and
• who is unlikely to need access to their capital for up to one week from a request
This product is for advised clients only.
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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

Ex-Date CPU
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  1y 3y 5y 10y Incept.
13.44 2.27 6.35 5.71 6.89
Benchmark (%) 14.68 4.31 6.60 7.04 7.72
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
3.78 2.85 7.46 8.80 13.44 6.96 36.02 74.17 247.19
Benchmark (%) 3.21 2.25 6.61 7.60 14.68 13.50 37.64 97.51 301.34
  2019 2020 2021 2022 2023
Total Return (%) 16.44 14.59 8.43 -13.67 11.43
Benchmark (%) 18.05 8.87 12.61 -13.92 13.86

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

Incept.: The date on which the first fund/share class unit creation was processed.

The performance quoted represents past performance and does not guarantee future results.
*The Diversified Benchmark return from 30 June 2014 to 31 August 2016 has been updated as at 26th September 2016 following a re-statement of the FTSE World ex US AUD Hedged Index, which makes up 24% of the diversified benchmark allocation, by FTSE. The Diversified Benchmark return for this period had previously been overstated by 0.38%. Despite the update of the return for this period, there was no change or impact to the fund performance or unit pricing for the fund, which was unaffected by the data previously provided by FTSE and continued to be correctly stated during this period.

Key Facts

Key Facts

Net Assets of Fund as of 27-Mar-2024 AUD 326,794,312.050
Share Class Launch Date 27-June-2005
Fund Inception 23-May-2005
Share Class Currency AUD
Fund Base Currency AUD
Asset Class Multi Asset
Shares Outstanding as of 27-Mar-2024 9,461,693
Management Fee 0.20
ISIN AU60MAL00173
Distribution Frequency Semi-Annual
Domicile Australia
APIR MAL0017AU
Size of Class (Millions) as of 27-Mar-2024 AUD 11.82

WINNER – Multi-Asset Diversified

We’re thrilled BlackRock has won the 2021 Zenith Fund Award in the Multi-Asset Diversified category. This continues our success in the category, winning 2020, 2019, 2017 and a 2018 named finalist. To find out more:
Winner of 2021 Zenith Fund Awards

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of 29-Feb-2024 0.47%
MSCI - UN Global Compact Violators as of 29-Feb-2024 0.41%
MSCI - Nuclear Weapons as of 29-Feb-2024 0.38%
MSCI - Thermal Coal as of 29-Feb-2024 0.31%
MSCI - Civilian Firearms as of 29-Feb-2024 0.00%
MSCI - Oil Sands as of 29-Feb-2024 0.36%
MSCI - Tobacco as of 29-Feb-2024 0.03%

Business Involvement Coverage as of 29-Feb-2024 72.87%
Percentage of Fund not covered as of 29-Feb-2024 27.94%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.77% and for Oil Sands 2.48%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Global Allocation Investment Team believes that a company's ability to manage material environmental, social and governance (ESG) issues may be relevant to the company's ability to sustain growth and generate value for shareholders over the long term, and thus ESG performance indicators are considered as part of the investment process. The team analyzes ESG data when conducting research and due diligence on new investments, and when monitoring existing investments within the portfolio. The team's ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Portfolio Managers

Portfolio Managers

Rick Rieder
Managing Director, CIO of Global Fixed Income

  

David Clayton
David Clayton
Russ Koesterich
Russ Koesterich

Literature

Literature