Multi Asset

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 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 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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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Number of Issuers 598
Size of Fund (Millions) as of 21-Feb-19 USD 15,538.667
Base Currency USD
Fund Launch Date 03-Jan-97
Series Currency EUR
Inception Date 31-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 LU0171283459
Bloomberg Ticker MERGAAA
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B03TN71
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 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

Overall Morningstar Rating for Global Allocation Fund, Class A2, as of 31-Jan-19 rated against 674 USD Moderate Allocation Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 11-Jun-18)

Holdings

Holdings

as of 31-Jan-19
Name Weight (%)
ALPHABET INC CLASS C 1.52
JOHNSON & JOHNSON 1.14
APPLE INC 1.12
COMCAST CORP CLASS A 1.11
EXXON MOBIL CORP 1.00
Name Weight (%)
ANTHEM INC 1.00
WILLIAMS INC 0.92
AMAZON COM INC 0.92
MICROSOFT CORP 0.90
NESTLE SA 0.90
as of 31-Jan-19
Name Weight (%)
TREASURY NOTE 2.875 10/31/2023 6.66
TREASURY NOTE 2.875 09/30/2023 6.22
TREASURY NOTE 3 10/31/2025 3.17
TREASURY NOTE (2OLD) 2.875 11/30/2025 2.18
TREASURY (CPI) NOTE 0.625 04/15/2023 1.58
Name Weight (%)
TREASURY NOTE 2.75 08/31/2023 1.26
GERMANY (FEDERAL REPUBLIC OF) RegS 0.5 02/15/2028 0.85
ARGENTINA REPUBLIC OF GOVERNMENT 5.875 01/11/2028 0.35
MANDATORY EXCHANGEABLE SPONSORED A 144A 5.75 06/01/2019 0.28
ARGENTINA REPUBLIC OF GOVERNMENT MTN 6.875 01/26/2027 0.26
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-19

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jan-19

% of Net Assets

Type Fund Benchmark Net
as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-19

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-19

% 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 A2 EUR None 48.85 -0.10 -0.20 49.59 45.00 - LU0171283459 - -
Class C2 USD None 42.87 -0.07 -0.16 45.42 39.86 - LU0147395726 - -
Class D2 EUR None 53.16 -0.11 -0.21 53.75 48.91 - LU0523293024 - -
Class E2 USD None 50.94 -0.09 -0.18 53.58 47.31 - LU0147396450 - -
Class A2 Hedged PLN None 16.04 -0.03 -0.19 16.98 14.90 - LU0480534592 - -
Class D2 Hedged AUD None 17.45 -0.03 -0.17 18.26 16.19 - LU0827880187 - -
Class E2 EUR None 44.91 -0.09 -0.20 45.71 41.39 - LU0171283533 - -
Class X2 Hedged AUD None 19.24 -0.03 -0.16 19.94 17.82 - LU0525289509 - -
Class A2 HUF None 15,518.16 -12.99 -0.08 16,044.32 14,191.30 - LU0566074125 - -
Class C2 EUR None 37.79 -0.08 -0.21 38.62 34.88 - LU0331284793 - -
Class A2 Hedged AUD None 16.63 -0.03 -0.18 17.53 15.44 - LU0468326631 - -
Class A2 Hedged CHF None 11.62 -0.02 -0.17 12.58 10.84 - LU0343169966 - -
Class A4 EUR Annual 47.69 -0.10 -0.21 48.51 43.93 - LU0408221512 - -
Class X4 USD Annual 12.04 -0.02 -0.17 12.63 11.15 - LU0953392981 - -
Class X2 EUR None 59.19 -0.12 -0.20 59.54 54.26 - LU0984173384 - -
Class D4 EUR Annual 47.90 -0.09 -0.19 48.89 44.07 - LU0827880005 - -
Class E2 Hedged PLN None 15.38 -0.03 -0.19 16.37 14.31 - LU0530192003 - -
Class D2 Hedged SGD None 13.83 -0.02 -0.14 14.53 12.84 - LU0827880690 - -
Class I2 EUR None 52.95 -0.11 -0.21 53.48 48.70 - LU1653088838 - -
Class C2 Hedged EUR None 27.46 -0.05 -0.18 30.01 25.66 - LU0212926058 - -
Class D2 Hedged CHF None 12.20 -0.03 -0.25 13.12 11.37 - LU0827880260 - -
Class X2 Hedged EUR None 10.99 -0.02 -0.18 11.67 10.22 - LU0260352280 - -
Class D2 Hedged PLN None 16.83 -0.03 -0.18 17.69 15.62 - LU0827880427 - -
Class D2 Hedged GBP None 30.22 -0.06 -0.20 32.05 28.12 - LU0827880344 - -
Class E2 Hedged EUR None 33.98 -0.06 -0.18 36.87 31.71 - LU0212926132 - -
Class A4 USD Annual 54.10 -0.09 -0.17 56.74 50.20 - LU0724617625 - -
Class A2 Hedged HKD None 13.28 -0.03 -0.23 14.06 12.35 - LU0788109477 - -
Class I2 USD None 60.06 -0.11 -0.18 62.28 55.66 - LU0368249560 - -
Class I2 Hedged EUR None 38.07 -0.07 -0.18 40.72 35.45 - LU0368231949 - -
Class X2 Hedged JPY None 1,080.00 -2.00 -0.18 1,143.00 1,005.00 - LU1445720094 - -
Class D4 Hedged EUR Annual 33.23 -0.07 -0.21 35.97 30.96 - LU0827880773 - -
Class I2 Hedged SGD None 13.86 -0.03 -0.22 14.53 12.87 - LU0810842038 - -
Class A2 Hedged GBP None 28.83 -0.05 -0.17 30.79 26.85 - LU0236177068 - -
Class D4 GBP None 41.62 -0.15 -0.36 43.84 39.82 - LU1852330908 - -
Class A4 Hedged EUR Annual 33.10 -0.07 -0.21 35.82 30.87 - LU0240613025 - -
Class A2 Hedged SGD None 13.11 -0.02 -0.15 13.87 12.18 - LU0308772762 - -
Class A2 USD None 55.41 -0.10 -0.18 58.00 51.42 - LU0072462426 - -
Class A2 Hedged CNH None 125.49 -0.22 -0.18 130.31 116.57 - LU1062906877 - -
Class J2 USD None 67.59 -0.11 -0.16 69.56 62.56 - LU0304953069 - -
Class A2 Hedged EUR None 35.47 -0.07 -0.20 38.30 33.08 - LU0212925753 - -
Class D2 USD None 60.30 -0.11 -0.18 62.65 55.90 - LU0329592538 - -
Class D2 Hedged EUR None 38.61 -0.07 -0.18 41.38 35.96 - LU0329591480 - -
Class X2 USD None 67.14 -0.12 -0.18 69.11 62.14 - LU0328507826 - -

Portfolio Managers

Portfolio Managers

Dan Chamby
Dan Chamby
David Clayton
David Clayton
Kent Hogshire
Kent Hogshire
Russ Koesterich
Russ Koesterich

Literature

Literature