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BGF Global Multi-Asset
Income Fund

The hunt for income is harder than ever. Low safe haven bond yields and even lower rates means securing a decent yield comes with additional risk. Help investors confront this dilemma with the BGF Global Multi-Asset Income Fund. The team understands when to take risk and when to hold back, giving investors the income potential – and the peace of mind – they need.

Price and performance

Why this fund?

Targeting an
attractive yield

Targeting an attractive yield

Annualised average income since inception1

Putting risk management first

Putting risk management first

Historically less risk than a 50% equity/50% bond portfolio2

A flexible, diverse portfolio

A flexible, diverse portfolio

Asset classes in 40 countries and 20 sectors2

An update with… Michael Fredericks

As at June 2017

Fund Essentials


Reasons to invest

Reason to buy

Overview of GMAI's performance, philosophy and team.

Download Reasons to invest

Multi-asset trend brochure

Multi Asset Brochure

Investment views from BlackRock Multi-Asset Team.

Download Brochure

Meet our GMAI team

Michael Fredericks
Michael Fredericks
Managing Director and Portfolio Manager

Justin Christofel
Justin Christofel CFA, CAIA
Managing Director and Portfolio Manager

Alex Shingler
Alex Shingler
Managing Director and Portfolio Manager

1Fund inception date 28/06/2012. *Average of all A6 share class monthly dividends annualised since Fund inception to last month end. Source: BlackRock / Bloomberg to 31/03/2019.
2BlackRock, as at 31 March 2019.

All data relates to the A share class. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. 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 BlackRock Global Funds is domiciled in Luxembourg. BlackRock Asset Management Schweiz AG, Bahnhofstrasse 39, CH-8001 Zurich, is the Swiss Representative and State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zürich, the Swiss Paying Agent. The Prospectus, Key Investor Information Document, the Articles of Incorporation, the latest and any previous annual and semi-annual reports are available free of charge from the Swiss representative. Investors should read the fund specific risks in the Key Investor Information Document and the Prospectus.

BlackRock Global Funds (BGF) is an open-ended investment company established and domiciled in Luxembourg which is available for sale in certain jurisdictions only. BGF is not available for sale in the U.S. or to U.S. persons. Product information concerning BGF should not be published in the U.S. It is recognised under Section 264 of the Financial Services and Markets Act 2000. BlackRock Investment Management (UK) Limited is the UK distributor of BGF. Most of the protections provided by the UK regulatory system, and the compensation under the Financial Services Compensation Scheme, will not be available. A limited range of BGF sub-funds have a distributor status A sterling share class that seeks to comply with UK Distributor Status requirements. Subscriptions in BGF are valid only if made on the basis of the current Prospectus, the most recent financial reports and the Key Investor Information Document which are available on our website. Prospectuses, Key Investor Information Documents and application forms may not be available to investors in certain jurisdictions where the Fund in question has not been authorised.

The fund invests in fixed interest securities issued by companies which, compared to bonds issued or guaranteed by governments, are exposed to greater risk of default in the repayment of the capital provided to the company or interest payments due to the fund. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. 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. Investors in this Fund should understand that capital growth is not a priority and values may fluctuate and the level of income may vary from time to time and is not guaranteed. The fund(s) may invest in structured credit products such as asset backed securities (‘ABS’) which pool together mortgages and other debts into single or multiple series credit products which are then passed on to investors, normally in return for interest payments based on the cash flows from the underlying assets. These securities have similar characteristics to corporate bonds but carry greater risk as the details of the underlying loans is unknown, although loans with similar terms are typically packaged together. The stability of returns from ABS are not only dependent on changes in interest-rates but also changes in the repayments of the underlying loans as a result of changes in economic conditions or the circumstances of the holder of the loan. These securities can therefore be more sensitive to economic events, may be subject to severe price movements and can be more difficult and/or more expensive to sell in difficult markets. The Fund will attempt to reduce (or 'hedge') the risk of currency movements between the Base Currency and the currency in which some or all of the underlying investments are transacted. It should be noted that the hedging strategy employed will not completely eliminate the exposure of the Fund to movements between the Base Currency and these other currencies. The hedging strategies may be entered into whether the Base Currency is declining or increasing in value compared to the currency of the underlying investments. This may have a positive or negative impact on the performance of the Fund. The fund may make distributions from capital as well as income or pursue certain investment strategies in order to generate income. Whilst this might allow more income to be distributed, it may also have the effect of reducing capital and the potential for long-term capital growth.