BGF Global Equity Income Fund

Equity

BGF Global Equity Income Fund

Overview

Investment Approach

The Fund aims to generate an above average level of income on your investment as well as maintain long term capital growth. The Fund invests globally at least 70% of its total assets in shares of companies domiciled in, or the main business of which is in, developed markets.

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.

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Performance

Performance

  • Returns

  From
30-Jun-2014
To
30-Jun-2015		 From
30-Jun-2015
To
30-Jun-2016		 From
30-Jun-2016
To
30-Jun-2017		 From
30-Jun-2017
To
30-Jun-2018		 From
30-Jun-2018
To
30-Jun-2019
Total Return (%) Total return is expressed as the percentage change of an investment over a certain timeframe. It includes the net income earned by the investment in terms of dividends or interest along with any change in the capital value of the investment.

as of 30-Jun-19

-4.07 3.04 14.35 -2.64 6.91
Benchmark (%) Index: MSCI All Country World Index (Net Total Return)<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 30-Jun-19

0.71 -3.73 18.78 10.73 5.74

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

Share Class and Benchmark performance displayed in USD, hedged fund 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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Share Class and Benchmark performance displayed in USD. Source: BlackRock. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested. Source: BlackRock. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product.

Reinvestments

Record Date Ex-Date Payable Date
View full table
Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Size of Fund (Millions) as of 21-Aug-19 USD 1,312.979
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. -
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of 31-Jul-19 52
Base Currency USD
Fund Launch Date 12-Nov-10
Inception Date 12-Nov-10
Asset Class Equity
Morningstar Category Global Equity Income
Benchmark Index MSCI All Country World Index (Net Total Return)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 1.82%
ISIN LU0545039389
Bloomberg Ticker BGFGEA2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B5V1114
Bloomberg Benchmark Ticker NDUEACWF
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for BGF Global Equity Income Fund, Class A2, as of 31-Jul-19 rated against 875 Global Equity Income Funds.

Holdings

Holdings

as of 31-Jul-19
Name Weight (%)
JOHNSON & JOHNSON 3.26
TELUS CORP 3.24
PHILIP MORRIS INTERNATIONAL INC 3.09
ROGERS COMMUNICATIONS NON-VOTING I 3.08
CISCO SYSTEMS INC 2.98
Name Weight (%)
GLAXOSMITHKLINE PLC 2.94
INTERNATIONAL PAPER 2.83
IMPERIAL BRANDS PLC 2.83
GENUINE PARTS 2.82
COCA-COLA 2.75
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jul-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-19

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class A2 USD None 17.10 0.09 0.53 17.75 15.03 - LU0545039389 - -
Class AI2 EUR - - - - - - - LU1960222955 - -
Class D2 Hedged PLN None 18.58 0.09 0.49 19.30 16.40 - LU0827881151 - -
Class C2 USD None 14.50 0.07 0.49 15.07 12.85 - LU0545039629 - -
Class A2 EUR None 15.40 0.05 0.33 15.95 13.15 - LU0880975056 - -
Class A2 Hedged PLN None 17.64 0.08 0.46 18.34 15.65 - LU0654592483 - -
Class D2 Hedged CHF None 13.38 0.06 0.45 13.91 11.98 - LU0862987244 - -
Class A4G EUR Annual 12.10 0.04 0.33 12.53 10.34 - LU0739721834 - -
Class A5G EUR Quarterly 10.64 -0.15 -1.39 11.94 10.64 - LU1653088671 - -
Class D4G EUR Annual 13.75 0.05 0.36 14.23 11.68 - LU0938162426 - -
Class D5G GBP Quarterly 11.34 0.07 0.62 11.65 9.69 - LU0827881748 - -
Class AI5G Hedged EUR - 9.64 0.04 0.42 10.03 9.46 - LU1960223177 - -
Class D5G USD Quarterly 13.74 0.06 0.44 14.26 12.25 - LU0827881235 - -
Class D2 Hedged SGD None 16.34 0.08 0.49 16.97 14.39 - LU0827881581 - -
Class A6 USD Monthly Stable 13.40 0.06 0.45 13.96 12.07 - LU0738911758 - -
Class A6 Hedged CNH Monthly Stable 102.58 0.48 0.47 106.89 92.51 - LU1075907227 - -
Class E2 EUR None 14.77 0.05 0.34 15.30 12.65 - LU0628613043 - -
Class A5G Hedged EUR Quarterly 11.17 0.05 0.45 11.89 10.21 - LU0625451512 - -
Class E5G Hedged EUR Quarterly 10.44 0.05 0.48 11.17 9.58 - LU0628613126 - -
Class X2 USD None 19.95 0.10 0.50 20.68 17.34 - LU0545040635 - -
Class A2 Hedged EUR None 14.30 0.07 0.49 14.88 12.84 - LU0625451603 - -
Class D5G Hedged EUR Quarterly 11.77 0.06 0.51 12.43 10.71 - LU0827881664 - -
Class D5G Hedged GBP Quarterly 8.02 0.03 0.38 8.39 7.26 - LU0827881318 - -
Class A5G USD Quarterly 13.05 0.06 0.46 13.55 11.69 - LU0553294199 - -
Class A8 Hedged CNH Monthly Stable with IRD 104.61 0.49 0.47 109.04 94.83 - LU1220226846 - -
Class A8 Hedged ZAR Monthly Stable with IRD 108.55 0.54 0.50 113.07 97.40 - LU1023055079 - -
Class AI2 Hedged EUR - - - - - - - LU1960223094 - -
Class E5G USD Quarterly 12.54 0.06 0.48 13.02 11.27 - LU0579999342 - -
Class A5G Hedged SGD Quarterly 12.30 0.06 0.49 12.81 11.09 - LU0661504455 - -
Class D2 Hedged EUR None 15.05 0.07 0.47 15.66 13.45 - LU0827881409 - -
Class D2 USD None 18.25 0.09 0.50 18.94 15.97 - LU0545039975 - -
Class I2 USD None 12.45 0.06 0.48 12.91 10.87 - LU0545040395 - -
Class A2 Hedged SGD None 15.52 0.07 0.45 16.13 13.74 - LU0661495795 - -
Class A2 Hedged CHF None 10.79 0.05 0.47 11.22 9.71 - LU1115429885 - -
Class A6 Hedged HKD Monthly Stable 102.06 0.49 0.48 106.71 92.49 - LU1003077747 - -
Class A5G GBP Quarterly 10.74 0.06 0.56 11.05 9.23 - LU0557294096 - -
Class A6 Hedged SGD Monthly Stable 10.58 0.05 0.47 11.06 9.58 - LU0949170772 - -
Class A4G Hedged EUR Annual 10.45 0.05 0.48 11.12 9.38 - LU1529944511 - -
Class C5G USD Quarterly 11.20 0.05 0.45 11.69 10.11 - LU0592708423 - -
Class E2 Hedged EUR - 9.47 0.05 0.53 9.85 8.52 - LU1786037793 - -
Class E2 USD None 16.39 0.08 0.49 17.02 14.46 - LU0545040122 - -
Class A8 Hedged AUD Monthly Stable with IRD 10.60 0.05 0.47 11.09 9.60 - LU0949170699 - -

Portfolio Managers

Portfolio Managers

Andrew Wheatley Hubbard
Andrew Wheatley Hubbard

Literature

Literature