Multi Asset

Global Allocation Fund

Overview

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. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares.
Show Fewer
Loading

Performance

Performance

  • Returns

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.
View full chart

Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Number of Issuers 619
Size of Fund (Millions) as of Jan 23, 2019 USD 15,315.800
Base Currency U.S. Dollar
Fund Inception Date Jan 3, 1997
Share Class Currency Polish Zloty
Share Class Inception Date Mar 1, 2010
Asset Class Multi Asset
Morningstar Category Other Allocation
Benchmark Index 36% S&P 500, 24% FTSE World (ex.US), 24% ICE BofA ML Cur 5-yr US Treasury, 16% FTSE Non-USD WGBI
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0480534592
Bloomberg Ticker BGGA2PL
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B6059Q5
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment PLN 5000
Minimum Subsequent Investment PLN 1000
Use of Income Accumulating

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Dec 31, 2018
Name Weight (%)
ALPHABET INC CLASS C 1.50
APPLE INC 1.46
MICROSOFT CORP 1.44
JOHNSON & JOHNSON 1.29
COMCAST CORP CLASS A 1.13
Name Weight (%)
ANTHEM INC 1.00
AMAZON COM INC 0.96
EXXON MOBIL CORP 0.93
NESTLE SA 0.89
PFIZER INC 0.87
as of Dec 31, 2018
Name Weight (%)
TREASURY NOTE (2OLD) 2.875 10/31/2023 7.03
TREASURY NOTE 2.875 09/30/2023 6.56
TREASURY NOTE (2OLD) 3 10/31/2025 3.34
TREASURY NOTE 2.75 08/31/2023 2.55
TREASURY NOTE (OLD) 2.875 11/30/2025 2.32
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) RegS 0.5 02/15/2028 0.86
TREASURY (CPI) NOTE 0.625 04/15/2023 0.82
MEXICO (UNITED MEXICAN STATES) (GO 6.5 06/10/2021 0.36
MEXICO (UNITED MEXICAN STATES) 8 12/07/2023 0.35
ARGENTINA REPUBLIC OF GOVERNMENT 5.875 01/11/2028 0.35
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Dec 31, 2018

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of Dec 31, 2018

% of Net Assets

Type Fund Benchmark Net
as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2018

% 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.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A2 Hgd PLN Accumulating 15.55 0.00 0.00 17.43 14.90 - LU0480534592 - -
A2 Hgd CHF Accumulating 11.29 0.00 0.00 12.96 10.84 - LU0343169966 - -
D2 EUR Accumulating 51.37 -0.05 -0.10 53.75 48.91 - LU0523293024 - -
A2 Hgd AUD Accumulating 16.13 0.01 0.06 18.01 15.44 - LU0468326631 - -
C2 USD Accumulating 41.57 0.00 0.00 46.73 39.86 - LU0147395726 - -
A2 HUF Accumulating 15,023.68 -14.84 -0.10 16,044.32 14,191.30 - LU0566074125 - -
D2 Hgd SGD Accumulating 13.40 0.00 0.00 14.92 12.84 - LU0827880690 - -
C2 Hgd EUR Accumulating 26.70 -0.01 -0.04 30.89 25.66 - LU0212926058 - -
C2 EUR Accumulating 36.57 -0.04 -0.11 38.62 34.88 - LU0331284793 - -
X2 Hgd AUD Accumulating 18.63 0.00 0.00 20.46 17.82 - LU0525289509 - -
E2 Hgd EUR Accumulating 33.02 -0.01 -0.03 37.92 31.71 - LU0212926132 - -
D4 EUR Annual 46.28 -0.04 -0.09 48.89 44.07 - LU0827880005 - -
X2 EUR Accumulating 57.15 -0.05 -0.09 59.54 54.26 - LU0984173384 - -
E2 EUR Accumulating 43.43 -0.05 -0.11 45.71 41.39 - LU0171283533 - -
A4 USD Annual 52.41 0.00 0.00 58.30 50.20 - LU0724617625 - -
I2 USD Accumulating 58.14 0.00 0.00 63.94 55.66 - LU0368249560 - -
E2 Hgd PLN Accumulating 14.93 0.00 0.00 16.81 14.31 - LU0530192003 - -
D4 Hgd EUR Annual 32.27 0.00 0.00 36.95 30.96 - LU0827880773 - -
A2 Hgd HKD Accumulating 12.88 0.00 0.00 14.46 12.35 - LU0788109477 - -
A2 Hgd CNH Accumulating 121.69 0.01 0.01 133.39 116.57 - LU1062906877 - -
A2 USD Accumulating 53.68 0.00 0.00 59.60 51.42 - LU0072462426 - -
A2 EUR Accumulating 47.23 -0.05 -0.11 49.59 45.00 - LU0171283459 - -
A4 Hgd EUR Annual 32.16 0.00 0.00 36.82 30.87 - LU0240613025 - -
A2 Hgd GBP Accumulating 27.99 0.00 0.00 31.72 26.85 - LU0236177068 - -
J2 USD Accumulating 65.39 0.01 0.02 71.37 62.56 - LU0304953069 - -
A2 Hgd SGD Accumulating 12.71 0.00 0.00 14.26 12.18 - LU0308772762 - -
X2 USD Accumulating 64.96 0.01 0.02 70.90 62.14 - LU0328507826 - -
X2 Hgd EUR Accumulating 10.66 -0.01 -0.09 11.97 10.22 - LU0260352280 - -
X4 USD Annual 11.65 0.00 0.00 12.96 11.15 - LU0953392981 - -
E2 USD Accumulating 49.37 0.00 0.00 55.08 47.31 - LU0147396450 - -
D2 Hgd AUD Accumulating 16.91 0.00 0.00 18.74 16.19 - LU0827880187 - -
I2 EUR Accumulating 51.15 -0.05 -0.10 53.48 48.70 - LU1653088838 - -
A4 EUR Annual 46.11 -0.04 -0.09 48.51 43.93 - LU0408221512 - -
D2 Hgd PLN Accumulating 16.31 0.00 0.00 18.14 15.62 - LU0827880427 - -
D2 Hgd CHF Accumulating 11.85 0.00 0.00 13.50 11.37 - LU0827880260 - -
D2 Hgd GBP Accumulating 29.33 0.00 0.00 32.99 28.12 - LU0827880344 - -
I2 Hgd SGD Accumulating 13.43 0.00 0.00 14.93 12.87 - LU0810842038 - -
I2 Hgd EUR Accumulating 36.96 0.00 0.00 41.82 35.45 - LU0368231949 - -
X2 Hgd JPY Accumulating 1,047.00 -1.00 -0.10 1,173.00 1,005.00 - LU1445720094 - -
A2 Hgd EUR Accumulating 34.46 -0.01 -0.03 39.38 33.08 - LU0212925753 - -
D4 GBP Accumulating 40.30 -0.39 -0.96 43.84 39.82 - LU1852330908 - -
D2 Hgd EUR Accumulating 37.48 -0.01 -0.03 42.51 35.96 - LU0329591480 - -
D2 USD Accumulating 58.39 0.01 0.02 64.34 55.90 - LU0329592538 - -

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