Equity

BlackRock Global Unconstrained Equity Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investment. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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Performance

Performance

Chart

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Distributions

This product does not have any distributions data as of now.

This chart shows the product's performance as the percentage loss or gain per year over the last 4 years.

  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) USD 33.1 -25.5 34.1 8.1
Target Benchmark 1 (%) USD 21.8 -18.1 23.8 18.7

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
11.56 17.54 11.58 - 14.27
Target Benchmark 1 (%) USD 16.99 19.11 12.90 - 16.09
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
14.10 -1.29 5.11 10.73 11.56 62.40 72.95 - 109.03
Target Benchmark 1 (%) USD 20.12 0.28 5.58 14.46 16.99 68.97 83.42 - 128.18
  From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
From
30-Sept-2023
To
30-Sept-2024
From
30-Sept-2024
To
30-Sept-2025
Total Return (%) USD

as of 30/Sept/2025

32.16 -23.08 29.47 26.25 8.17
Target Benchmark 1 (%) USD

as of 30/Sept/2025

28.82 -19.63 21.95 32.43 17.25

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

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 07/Jan/2026
USD 4,240,659,475
Fund Launch Date
21/Jan/2020
Fund Base Currency
USD
Target Benchmark 1
MSCI World Index (Net)
SDR classification
ESG Overseas
Ongoing Charges Figures
0.75%
ISIN
IE00BMBL3R37
Minimum Initial Investment
USD 10,000,000.00
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
Global Large-Cap Growth Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
BMBL3R3
Share Class launch date
20/May/2020
Share Class Currency
USD
Asset Class
Equity
SFDR Classification
Article 8
Initial Charge
0.00%
Management Fee
0.00%
Performance Fee
0.00%
Minimum Subsequent Investment
USD 10,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLGIZUD

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Dec/2025
23
Standard Deviation (3y)
as of 30/Nov/2025
16.53%
P/E Ratio
as of 31/Dec/2025
38.78
12 Month Trailing Dividend Distribution Yield
as of 31/Dec/2025
0.00
3y Beta
as of 30/Nov/2025
1.164
P/B Ratio
as of 31/Dec/2025
9.63

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

4 stars
Overall Morningstar Rating for BlackRock Global Unconstrained Equity Fund, Class Z, as of 31/Dec/2025 rated against 2556 Global Large-Cap Growth Equity Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective 14/Jul/2025)
Analyst-Driven % as of 14/Jul/2025
100.00
Data Coverage % as of 14/Jul/2025
100.00

Holdings

Holdings

as of 31/Dec/2025
Name Weight (%)
MICROSOFT CORPORATION 8.20
AMAZON.COM INC 6.86
ALPHABET INC 6.07
ASML HOLDING NV 5.86
META PLATFORMS INC 4.93
Name Weight (%)
HOWMET AEROSPACE INC 4.91
VISA INC 4.77
ROLLS-ROYCE HOLDINGS PLC 4.73
AIRBUS SE 4.66
MASTERCARD INC 4.61
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Dec/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Dec/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Dec/2025

% of Market Value

Type Fund Benchmark Net
as of 31/Dec/2025

% 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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class Z USD 215.74 3.86 1.82 07/Jan/2026 215.74 151.36 IE00BMBL3R37
Class DP Hedged EUR 113.01 2.01 1.81 07/Jan/2026 113.01 80.93 IE0005PBBU81
Class X AUD 141.84 2.58 1.85 07/Jan/2026 143.97 111.02 IE000GLX99V4
Class X EUR 104.76 1.93 1.88 07/Jan/2026 104.76 96.99 IE00073FJO82
Class D EUR 179.94 3.31 1.87 07/Jan/2026 182.34 133.91 IE00BNG8N985
Class A Hedged SGD 119.91 2.11 1.79 07/Jan/2026 120.23 86.76 IE000IXAMFU5
Class D Hedged EUR 148.07 2.63 1.81 07/Jan/2026 148.07 106.57 IE00BNG8NB00
Class A EUR 184.31 3.39 1.87 07/Jan/2026 188.04 137.93 IE00BLF9YH30
Class A SEK 1,095.67 15.88 1.47 07/Jan/2026 1,114.84 847.35 IE0006BK9UQ4
Class D USD 134.02 2.39 1.82 07/Jan/2026 134.02 94.18 IE000YF287R2
Class Z GBP 237.88 4.72 2.02 07/Jan/2026 240.97 176.38 IE00BKVDGS70
Class DP EUR 102.87 1.90 1.88 07/Jan/2026 103.78 76.30 IE000AZOODG8
Class D GBP 137.09 2.72 2.02 07/Jan/2026 138.92 101.80 IE000403NHH9
Class DP USD 130.11 2.33 1.82 07/Jan/2026 130.11 91.03 IE000ERUGWD7
Class Z Hedged EUR 180.42 3.20 1.81 07/Jan/2026 180.42 129.60 IE00BM974S12
Class Z USD 211.62 3.78 1.82 07/Jan/2026 211.62 148.50 IE00BK70NL42
Class A NOK 115.03 2.38 2.12 07/Jan/2026 115.03 88.98 IE000CJG3AA2
Class D USD 208.99 3.73 1.82 07/Jan/2026 208.99 146.87 IE00BK70NJ20
Class Z EUR 241.34 4.44 1.88 07/Jan/2026 244.11 179.34 IE00BKVDGR63
Class A USD 157.56 2.81 1.82 07/Jan/2026 157.56 111.35 IE00BMDQ3Z40
Class X USD 221.14 3.95 1.82 07/Jan/2026 221.14 154.31 IE00BK70NK35
Class DP GBP 131.63 2.61 2.02 07/Jan/2026 133.24 97.31 IE000QPLSN26
Class X Hedged JPY 11,171.82 199.24 1.82 07/Jan/2026 11,173.17 8,052.34 IE000ET0IXE8
Class X JPY 11,890.59 220.43 1.89 07/Jan/2026 11,890.59 7,665.68 IE000F3H3DC2
Class D EUR 130.91 2.41 1.87 07/Jan/2026 132.66 97.42 IE000CCF8EF0
Class DP USD 128.96 2.30 1.82 07/Jan/2026 128.96 90.39 IE000740ORN9
Class W SEK 1,056.02 15.32 1.47 07/Jan/2026 1,073.16 966.89 IE000JAARQF8
Class DP EUR 127.21 2.34 1.88 07/Jan/2026 128.20 94.25 IE000KMEY7B9
Class DP GBP 130.59 2.59 2.02 07/Jan/2026 132.18 96.54 IE0009I2JKS0
Class X NZD 123.09 2.16 1.79 07/Jan/2026 123.09 88.69 IE000WJP7TW2
Class D GBP 130.71 2.59 2.02 07/Jan/2026 132.46 97.06 IE000XLJYHR7
Class W NOK 110.51 2.29 2.12 07/Jan/2026 110.51 96.30 IE000Z5EDWS9

Portfolio Managers

Portfolio Managers

Alister Hibbert
Managing Director

  

Michael Constantis
Managing Director

  

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature