Multi Asset

BGF Global Allocation 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.

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.
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Performance

Performance

  • Returns

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

Chart

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Number of Issuers 736
Size of Fund (Millions) as of 02-Jun-20 USD 13,257.951
Base Currency USD
Fund Launch Date 03-Jan-97
Series Currency EUR
Inception Date 01-Jul-02
Asset Class Multi Asset
Morningstar Category USD Moderate Allocation
Benchmark Index 36% SNP500EUR / 24% FTWXUS_EUR / ML5YREURU Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0171283533
Bloomberg Ticker MGLOEEE
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL B4491Y1
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 10000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, material sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI Fund Ratings and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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 Sustainability Characteristics, using links below.

MSCI ESG Quality Score - Peer Percentile The fund’s ESG Percentile compared to its Lipper peer group. as of 01-May-20 74.00
Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of 01-May-20 Mixed Asset USD Bal - Global
All data is from MSCI ESG Fund Ratings as of 01-May-20, based on holdings as of 31-Oct-19. As such, the funds sustainable characteristics may differ from MSCI ESG ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

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.


Transparency on Business Involvement metrics is not indicative of a fund’s investment objective, and, unless otherwise stated in Fund documentation and included within a Fund’s investment objective, ESG integration does not change a Fund’s investment objective or constrain the Investment Manager’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.


Business Involvement metrics are calculated using MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this research 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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Allocation Fund, Class E2, as of 31-Mar-12 rated against 229 USD Moderate Allocation Funds.

Holdings

Holdings

as of 30-Apr-20
Name Weight (%)
MICROSOFT CORP 1.97
AMAZON COM INC 1.92
APPLE INC 1.71
ALPHABET INC CLASS C 1.57
SPDR S&P ETF TRUST 1.30
Name Weight (%)
UNITEDHEALTH GROUP INC 1.09
CHARTER COMMUNICATIONS INC CLASS A 0.85
COMCAST CORP CLASS A 0.83
SIEMENS N AG 0.78
MASTERCARD INC CLASS A 0.77
as of 30-Apr-20
Name Weight (%)
TREASURY NOTE 1.75 11/15/2029 2.70
TREASURY (CPI) NOTE 0.5 04/15/2024 1.83
TREASURY (CPI) NOTE 0.125 10/15/2024 1.44
WI TREASURY (CPI) NOTE 0.125 04/15/2025 1.35
TREASURY BOND 2.375 11/15/2049 1.27
Name Weight (%)
JAPAN (GOVERNMENT OF) 30YR #64 0.4 09/20/2049 1.02
FNMA 30YR 0.95
ITALY (REPUBLIC OF) 1.35 04/01/2030 0.77
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.76
SPAIN (KINGDOM OF) 0.6 10/31/2029 0.70
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Apr-20

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Apr-20

% of Net Assets

Type Fund Benchmark Net
as of 30-Apr-20

% of Market Value

Type Fund Benchmark Net
as of 30-Apr-20

% of Market Value

Type Fund Benchmark Net
as of 30-Apr-20

% 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.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class E2 EUR None 49.23 0.24 0.49 52.97 41.36 - LU0171283533 - -
Class A4 EUR Annual 52.41 0.27 0.52 56.31 43.99 - LU0408221512 - -
Class A2 Hedged AUD None 17.60 0.19 1.09 18.55 14.33 - LU0468326631 - -
Class D2 Hedged AUD None 18.65 0.21 1.14 19.60 15.16 - LU0827880187 - -
Class D2 Hedged CHF None 12.88 0.15 1.18 13.42 10.46 - LU0827880260 - -
Class C2 Hedged EUR None 28.35 0.31 1.11 29.75 23.12 - LU0212926058 - -
Class A2 Hedged PLN None 17.14 0.18 1.06 17.92 13.93 - LU0480534592 - -
Class E2 Hedged PLN None 16.34 0.18 1.11 17.11 13.29 - LU0530192003 - -
Class X4 USD Annual 13.13 0.16 1.23 13.53 10.60 - LU0953392981 - -
Class X2 EUR None 66.75 0.34 0.51 71.38 55.85 - LU0984173384 - -
Class I2 EUR None 59.14 0.30 0.51 63.38 49.55 - LU1653088838 - -
Class D2 EUR None 59.22 0.30 0.51 63.50 49.64 - LU0523293024 - -
Class X2 Hedged AUD None 20.82 0.23 1.12 21.82 16.89 - LU0525289509 - -
Class E2 USD None 55.09 0.62 1.14 57.18 44.68 - LU0147396450 - -
Class D4 EUR Annual 52.75 0.26 0.50 56.57 44.22 - LU0827880005 - -
Class C2 USD None 45.93 0.52 1.15 47.76 37.29 - LU0147395726 - -
Class D2 Hedged SGD None 14.98 0.17 1.15 15.61 12.15 - LU0827880690 - -
Class X2 Hedged EUR None 11.79 0.13 1.11 12.26 9.56 - LU0260352280 - -
Class A2 HUF None 18,638.85 -44.15 -0.24 19,485.35 15,897.45 - LU0566074125 - -
Class I2 USD None 66.19 0.76 1.16 68.40 53.52 - LU0368249560 - -
Class A2 Hedged CHF None 12.15 0.14 1.17 12.69 9.88 - LU0343169966 - -
Class D2 Hedged GBP None 32.25 0.36 1.13 33.73 26.19 - LU0827880344 - -
Class C2 EUR None 41.04 0.20 0.49 44.25 34.53 - LU0331284793 - -
Class E2 Hedged EUR None 35.41 0.39 1.11 37.08 28.84 - LU0212926132 - -
Class I2 Hedged SGD None 15.06 0.17 1.14 15.69 12.21 - LU0810842038 - -
Class AI2 EUR - 10.70 -0.09 -0.83 11.55 9.02 - LU1960222104 - -
Class D2 Hedged PLN None 18.16 0.20 1.11 18.95 14.73 - LU0827880427 - -
Class D4 Hedged EUR Annual 34.79 0.38 1.10 36.29 28.27 - LU0827880773 - -
Class I2 Hedged EUR None 40.43 0.45 1.13 42.14 32.83 - LU0368231949 - -
Class A4 USD Annual 58.65 0.67 1.16 60.78 47.51 - LU0724617625 - -
Class A2 Hedged EUR None 37.21 0.41 1.11 38.90 30.28 - LU0212925753 - -
Class A2 Hedged GBP None 30.47 0.34 1.13 31.93 24.78 - LU0236177068 - -
Class A2 Hedged HKD None 14.39 0.16 1.12 14.93 11.65 - LU0788109477 - -
Class A2 Hedged CNH None 137.14 1.59 1.17 141.91 110.83 - LU1062906877 - -
Class X2 Hedged JPY None 1,168.00 14.00 1.21 1,207.00 946.00 - LU1445720094 - -
Class X2 USD None 74.70 0.86 1.16 77.03 60.32 - LU0328507826 - -
Class A2 EUR None 53.90 0.27 0.50 57.92 45.24 - LU0171283459 - -
Class J2 USD None 75.20 0.87 1.17 77.54 60.72 - LU0304953069 - -
Class A2 USD None 60.32 0.68 1.14 62.51 48.87 - LU0072462426 - -
Class D2 USD None 66.28 0.76 1.16 68.53 53.61 - LU0329592538 - -
Class AI2 Hedged EUR - 10.24 -0.01 -0.10 10.82 8.42 - LU1960222286 - -
Class A2 Hedged SGD None 14.06 0.16 1.15 14.69 11.43 - LU0308772762 - -
Class D4 GBP None 47.01 -0.25 -0.53 47.56 40.98 - LU1852330908 - -
Class A4 Hedged EUR Annual 34.57 0.38 1.11 36.15 28.13 - LU0240613025 - -
Class D2 Hedged EUR None 40.89 0.46 1.14 42.65 33.22 - LU0329591480 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Rick Rieder
David Clayton
David Clayton
Russ Koesterich
Russ Koesterich

Literature

Literature