Multi Asset

BGF Global Multi-Asset Income Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

Chart

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 7 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) -1.9 5.2 7.6 -6.5 11.3 4.5 5.9
  1y 3y 5y 10y Incept.
-12.78 -0.29 0.49 - 1.52
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-12.53 -1.69 -3.71 -8.08 -12.78 -0.86 2.45 - 12.58
  From
30.Jun.2017
To
30.Jun.2018
From
30.Jun.2018
To
30.Jun.2019
From
30.Jun.2019
To
30.Jun.2020
From
30.Jun.2020
To
30.Jun.2021
From
30.Jun.2021
To
30.Jun.2022
Total Return (%)

as of 30-Jun-2022

-0.41 4.06 -1.98 15.22 -13.68

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund as of 29-Sep-2022 USD 5,002,124,262.28
Share Class launch date 29-Oct-2014
Fund Launch Date 28-Jun-2012
Share Class Currency EUR
Base Currency USD
Asset Class Multi Asset
SFDR Classification Other
Initial Charge 0.00%
Ongoing Charges Figures 0.64%
Annual Management Fee 0.60%
Performance Fee 0.00%
Minimum Initial Investment EUR 10,000,000.00
Minimum Subsequent Investment EUR 1,000.00
Distribution Frequency Quarterly
Use of Income Distributing
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category EUR Moderate Allocation - Global
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGMAI5G
ISIN LU1129992480
SEDOL BRWQZH6

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 31-Aug-2022 3,672
12m Trailing Yield as of 31-Aug-2022 5.19
Standard Deviation (3y) as of 31-Aug-2022 9.79%
P/E Ratio as of 31-Aug-2022 11.37
P/B Ratio as of 31-Aug-2022 1.50
Yield to Maturity as of 31-Aug-2022 10.80%
Modified Duration as of 31-Aug-2022 2.62
Effective Duration as of 31-Aug-2022 1.57 yrs
Weighted Avg Maturity as of 31-Aug-2022 4.79 yrs

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of 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, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and due diligence phase of the investment process. ESG information may be sourced internally, via collaboration with the BlackRock Investment Stewardship team in engaging issuers on material environmental, societal or governance topics, and from third-party providers. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Risk Indicator

Risk Indicator

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2
3
4
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7
Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

Michael Fredericks
Michael Fredericks
Justin Christofel
Justin Christofel
Alex Shingler
Alex Shingler

Holdings

Holdings

as of 31-Aug-2022
Name Weight (%)
ISHARES $ HIGH YIELD CRP BND ETF $ 4.59
BGF USD HIGH YIELD BD X6 USD 0.68
TAIWAN SEMICONDUCTOR MANUFACTURING 0.44
CITIGROUP INC 5 12/31/2049 0.33
ASTRAZENECA PLC 0.32
Name Weight (%)
SANOFI SA 0.30
AMERICAN TOWER REIT CORP 0.30
STATE STREET CORP 2.82886 06/15/2037 0.26
CREDIT AGRICOLE SA 144A 8.125 12/31/2049 0.25
CHARLES SCHWAB CORPORATION (THE) 4 12/31/2049 0.24
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, geographic exposures are not available at this time.
as of 31-Aug-2022

% of Market Value

Type Fund Benchmark Net
as of 31-Aug-2022

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
Sorry, maturities are not available at this time.
as of 31-Aug-2022

% 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

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN TIS
Class I5G Hedged EUR Quarterly 7.01 -0.01 -0.14 29-Sep-2022 8.99 7.01 LU1129992480 -
Class A5G USD Quarterly 8.14 -0.01 -0.12 29-Sep-2022 10.33 8.14 LU0784383803 -
Class I2 USD None 11.72 -0.02 -0.17 29-Sep-2022 14.05 11.72 LU1523255922 -
Class A3G EUR Monthly 8.45 -0.13 -1.52 29-Sep-2022 9.16 8.21 LU1238068834 -
Class A8 Hedged CNH Monthly Stable with IRD 78.71 -0.11 -0.14 29-Sep-2022 99.80 78.71 LU1257007564 -
Class D4G Hedged CHF Annual 7.44 -0.01 -0.13 29-Sep-2022 9.59 7.44 LU1373034344 -
Class A2 Hedged CHF None 9.86 -0.02 -0.20 29-Sep-2022 12.15 9.86 LU0784383472 -
Class A4G USD Annual 7.97 -0.02 -0.25 29-Sep-2022 10.15 7.97 LU1301847155 -
Class D2 Hedged EUR None 10.42 -0.02 -0.19 29-Sep-2022 12.75 10.42 LU1062843344 -
Class D2 Hedged CHF None 10.43 -0.02 -0.19 29-Sep-2022 12.75 10.43 LU1373034187 -
Class E2 Hedged EUR None 9.31 -0.02 -0.21 29-Sep-2022 11.51 9.31 LU1062843690 -
Class A4G Hedged CHF Annual 7.03 -0.01 -0.14 29-Sep-2022 9.13 7.03 LU1373034260 -
Class A6 Hedged HKD Monthly Stable 73.19 -0.12 -0.16 29-Sep-2022 92.91 73.19 LU0784385170 -
Class A8 Hedged AUD Monthly Stable with IRD 7.45 -0.02 -0.27 29-Sep-2022 9.47 7.45 LU0871640123 -
Class A6 Hedged EUR Monthly Stable 6.28 -0.01 -0.16 29-Sep-2022 8.09 6.28 LU1133085917 -
Class A6 USD Monthly Stable 7.65 -0.01 -0.13 29-Sep-2022 9.65 7.65 LU0784384876 -
Class I2 Hedged EUR None 9.56 -0.01 -0.10 29-Sep-2022 11.67 9.56 LU1523256144 -
Class E2 EUR None 15.50 -0.25 -1.59 29-Sep-2022 16.36 14.88 LU0813497111 -
Class A4G Hedged EUR Annual 6.37 -0.01 -0.16 29-Sep-2022 8.28 6.37 LU0784383712 -
Class D2 USD None 13.99 -0.02 -0.14 29-Sep-2022 16.79 13.99 LU0784385337 -
Class D6 USD Monthly Stable 8.30 -0.01 -0.12 29-Sep-2022 10.39 8.30 LU1003077408 -
Class A8 Hedged CAD Monthly Stable with IRD 7.03 -0.01 -0.14 29-Sep-2022 8.91 7.03 LU1003077580 -
Class A2 USD None 13.29 -0.02 -0.15 29-Sep-2022 16.05 13.29 LU0784385840 -
Class AI2 Hedged EUR - 9.10 -0.02 -0.22 29-Sep-2022 11.21 9.10 LU1960223508 -
Class D6 Hedged SGD - 9.09 -0.02 -0.22 29-Sep-2022 10.18 9.09 LU2472302624 -
Class D4G Hedged EUR Annual 7.13 -0.01 -0.14 29-Sep-2022 9.19 7.13 LU0944772804 -
Class A6 Hedged SGD Monthly Stable 7.07 -0.01 -0.14 29-Sep-2022 8.96 7.07 LU0949170426 -
Class A2 EUR None 13.64 -0.21 -1.52 29-Sep-2022 14.39 13.07 LU1162516477 -
Class A5G Hedged SGD Quarterly 7.00 -0.01 -0.14 29-Sep-2022 8.92 7.00 LU0784384363 -
Class D6 Hedged GBP Monthly 7.71 -0.01 -0.13 29-Sep-2022 9.74 7.71 LU1791173633 -
Class A8 Hedged GBP Monthly Stable with IRD 7.02 -0.01 -0.14 29-Sep-2022 8.92 7.02 LU1003077663 -
Class A2 Hedged EUR None 9.70 -0.02 -0.21 29-Sep-2022 11.95 9.70 LU0784383399 -
Class A8 Hedged NZD Monthly Stable with IRD 7.17 -0.01 -0.14 29-Sep-2022 9.09 7.17 LU0949170343 -
Class A5G Hedged AUD Quarterly 7.63 -0.01 -0.13 29-Sep-2022 9.79 7.63 LU0949170269 -
Class E5G Hedged EUR Quarterly 6.20 -0.01 -0.16 29-Sep-2022 8.07 6.20 LU0784385501 -
Class AI5G Hedged EUR Quarterly 7.66 -0.01 -0.13 29-Sep-2022 9.93 7.66 LU1960223680 -
Class E9 Hedged EUR - 6.76 -0.01 -0.15 29-Sep-2022 8.68 6.76 LU1294567109 -

Literature

Literature