Multi Asset

BGF Global Multi-Asset Income Fund

Overview

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All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

Performance

Performance

Chart

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Distributions

Ex-Date Distribution
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  1y 3y 5y 10y Incept.
2.18 0.31 1.37 - 1.12
2.91 0.32 1.86 3.01 3.39
-2.93 -1.39 0.34 - 0.18
-2.24 -1.38 0.82 2.49 2.92
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
4.23 -1.25 1.99 1.94 2.18 0.92 7.05 - 6.30
4.31 -1.22 1.89 1.97 2.91 0.97 9.67 34.57 45.20
-0.98 -6.19 -3.11 -3.15 -2.93 -4.12 1.70 - 0.98
-0.91 -6.16 -3.20 -3.13 -2.24 -4.08 4.18 27.84 37.94
Performance of the Fund is calculated on NAV to NAV basis on the assumption that all dividends and distributions are reinvested, taking into account all charges which would have been payable upon such reinvestment.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in GBP 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

Key Facts

Key Facts

Net Assets of Fund as of 28-Sep-2023 USD 4,613,242,880
Share Class Inception Date 14-Mar-2018
Fund Inception 28-Jun-2012
Share Class Currency GBP
Fund Base Currency USD
Asset Class Multi Asset
Benchmark -
SFDR Classification Other
Initial Charge 5.00%
ISIN LU1791173633
Management Fee (incl. Distribution Fee, if any) 0.60%
Performance Fee 0.00%
Minimum Initial Investment GBP 100000
Minimum Subsequent Investment GBP 1000
Distribution Frequency Monthly
Use of Income Distributing
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category GBP Allocation 40-60% Equity
Dealing Settlement Trade date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGMAD6G
SEDOL BFZRPB6
MAS ESG Fund No

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 31-Aug-2023 3,490
Standard Deviation (3y) as of 31-Aug-2023 8.54%
3y Beta as of - -
P/E Ratio as of 31-Aug-2023 12.58
P/B Ratio as of 31-Aug-2023 1.49
Yield to Maturity as of 31-Aug-2023 9.07
Modified Duration as of 31-Aug-2023 3.56
Effective Duration as of 31-Aug-2023 2.95yrs
Weighted Avg Maturity as of 31-Aug-2023 5.28
5Y Annualised Volatility as of 31-Aug-2023 9.04
Since Share Inception – Annualised Volatility as of 31-Aug-2023 8.70

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in combination with other information in the research and due diligence phase of the investment process. ESG information may be sourced internally, via collaboration with the BlackRock Investment Stewardship team in engaging issuers on material environmental, societal or governance topics, and from third-party providers. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. Where appropriate, these reviews include discussion of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Holdings

Holdings

as of 31-Aug-2023
Name Weight (%)
ISH US MBS ETF USD DIST 4.59
ISHARES $ CORPORATE BOND UCITS ETF 2.30
BGF USD HIGH YIELD BD X6 USD 0.81
TAIWAN SEMICONDUCTOR MANUFACTURING 0.54
MICROSOFT CORP 0.48
Name Weight (%)
SANOFI SA 0.37
SHELL PLC 0.35
ASTRAZENECA PLC 0.35
NESTLE SA 0.33
APPLE INC 0.33

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, markets/regions are not available at this time.
as of 31-Aug-2023

% of Weight

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of 31-Aug-2023

% of Weight

Type Fund Benchmark Net
Sorry, maturities are not available at this time.
as of 31-Aug-2023

% of Weight

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.
Due to rounding, the total may not be equal to 100%

Pricing & Exchange

Pricing & Exchange

Share Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
D6 Hedged GBP Monthly 7.70 -0.04 -0.52 28-Sep-2023 8.30 7.59 LU1791173633
A3G EUR Monthly 7.83 -0.06 -0.76 28-Sep-2023 8.58 7.69 LU1238068834
D4G Hedged CHF Annually 7.20 -0.04 -0.55 28-Sep-2023 8.14 7.20 LU1373034344
A6 Hedged CHF Monthly 9.77 -0.06 -0.61 28-Sep-2023 10.03 9.77 LU2655523152
A4G USD Annually 8.00 -0.04 -0.50 28-Sep-2023 8.83 7.89 LU1301847155
A2 Hedged EUR N/A 10.03 -0.05 -0.50 28-Sep-2023 10.61 9.59 LU0784383399
A2 USD N/A 14.13 -0.07 -0.49 28-Sep-2023 14.71 13.15 LU0784385840
A6 Hedged HKD Monthly Stable 72.39 -0.37 -0.51 28-Sep-2023 78.86 72.02 LU0784385170
A4G Hedged CHF Annually 6.74 -0.04 -0.59 28-Sep-2023 7.66 6.74 LU1373034260
D2 Hedged CHF N/A 10.71 -0.06 -0.56 28-Sep-2023 11.41 10.31 LU1373034187
A5G Hedged SGD Quarterly 6.91 -0.04 -0.58 28-Sep-2023 7.62 6.91 LU0784384363
D2 Hedged EUR N/A 10.86 -0.06 -0.55 28-Sep-2023 11.43 10.30 LU1062843344
A8 Hedged AUD Monthly Stable with IRD 7.46 -0.04 -0.53 28-Sep-2023 8.04 7.34 LU0871640123
A6 USD Monthly Stable 7.67 -0.04 -0.52 28-Sep-2023 8.26 7.53 LU0784384876
A6 Hedged JPY Monthly 977.00 -6.00 -0.61 28-Sep-2023 1,003.00 977.00 LU2655523079
D2 USD N/A 15.01 -0.07 -0.46 28-Sep-2023 15.60 13.85 LU0784385337
A5G USD Quarterly 8.16 -0.04 -0.49 28-Sep-2023 8.89 8.06 LU0784383803
A6 Hedged EUR Monthly Stable 6.10 -0.03 -0.49 28-Sep-2023 6.69 6.10 LU1133085917
A8 Hedged CNH Monthly Stable with IRD 76.87 -0.40 -0.52 28-Sep-2023 84.03 76.87 LU1257007564
A2 Hedged CHF N/A 10.04 -0.06 -0.59 28-Sep-2023 10.76 9.75 LU0784383472
A4G Hedged EUR Annually 6.21 -0.03 -0.48 28-Sep-2023 6.96 6.21 LU0784383712
D6 USD Monthly Stable 8.40 -0.04 -0.47 28-Sep-2023 9.00 8.18 LU1003077408
A6 Hedged SGD Monthly Stable 6.97 -0.04 -0.57 28-Sep-2023 7.60 6.95 LU0949170426
A2 EUR N/A 13.39 -0.11 -0.81 28-Sep-2023 13.85 12.97 LU1162516477
D4G Hedged EUR Annually 7.01 -0.04 -0.57 28-Sep-2023 7.82 7.01 LU0944772804
A8 Hedged CAD Monthly Stable with IRD 7.03 -0.04 -0.57 28-Sep-2023 7.59 6.92 LU1003077580
A8 Hedged NZD Monthly Stable with IRD 7.21 -0.04 -0.55 28-Sep-2023 7.73 7.06 LU0949170343
A8 Hedged GBP Monthly Stable with IRD 7.05 -0.04 -0.56 28-Sep-2023 7.55 6.90 LU1003077663
A5G Hedged AUD Quarterly 7.50 -0.04 -0.53 28-Sep-2023 8.27 7.50 LU0949170269

Ratings

Ratings

Morningstar Rating

3 stars
As of 31-Aug-2023

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Effective 08-May-2023

Portfolio Managers

Portfolio Managers

Alex Shingler, CFA
Managing Director

  

Justin Christofel, CFA, CAIA
Managing Director

  

Documents

Documents