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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.

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

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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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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Number of Issuers 627
Size of Fund (Millions) as of 21-Feb-20 USD 14,395.222
Base Currency U.S. Dollar
Fund Launch Date 03-Jan-97
Series Currency Euro
Share Class launch date 19-Jan-09
Asset Class Multi Asset
Morningstar Category USD Moderate Allocation
Benchmark Index S&P 500 (36%); FTSE World (ex-US) (24%); 5 Yr US Treasury Note (24%) and FTSE Non-USD World Government Bond Index (16%)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0408221512
Bloomberg Ticker BGGAUA4
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B3L15F2
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 Distributing

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 BGF Global Allocation Fund, Class A4, as of 31-Jan-20 rated against 736 USD Moderate Allocation Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 22-Apr-19)

Holdings

Holdings

as of 31-Jan-20
Name Weight (%)
MICROSOFT CORP 1.77
ALPHABET INC CLASS C 1.66
AMAZON COM INC 1.57
APPLE INC 1.55
COMCAST CORP CLASS A 1.01
Name Weight (%)
BANK OF AMERICA CORP 0.80
UNITEDHEALTH GROUP INC 0.77
RAYTHEON 0.77
JPMORGAN CHASE & CO 0.77
SIEMENS N AG 0.75
as of 31-Jan-20
Name Weight (%)
TREASURY (CPI) NOTE 0.5 04/15/2024 4.33
UMBS 30YR TBA(REG A) 3.78
TREASURY NOTE 1.75 11/15/2029 2.92
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.29 05/23/2029 2.91
TREASURY NOTE 1.75 12/31/2026 1.38
Name Weight (%)
CANADA (GOVERNMENT OF) 1.5 09/01/2024 1.22
TREASURY BOND 2.375 11/15/2049 1.09
TREASURY (CPI) NOTE 0.125 10/15/2024 0.98
ITALY (REPUBLIC OF) 3 08/01/2029 0.85
GNMA2 30YR TBA(REG C) 0.84
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-20

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jan-20

% of Net Assets

Type Fund Benchmark Net
as of 31-Jan-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-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.


% of Net Assets represents the Fund’s exposure based on the economic value of securities and is adjusted for futures, options, and swaps (except with respect to fixed income securities), and convertible bonds.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class A4 EUR Annual 55.67 -0.43 -0.77 56.31 47.58 - LU0408221512 - -
Class I2 EUR None 62.66 -0.49 -0.78 63.38 52.83 - LU1653088838 - -
Class I2 Hedged SGD None 15.58 -0.09 -0.57 15.69 13.73 - LU0810842038 - -
Class I2 Hedged EUR None 41.83 -0.24 -0.57 42.14 37.67 - LU0368231949 - -
Class A2 HUF None 19,327.15 -152.48 -0.78 19,485.35 15,391.66 - LU0566074125 - -
Class D4 EUR Annual 55.92 -0.44 -0.78 56.57 47.79 - LU0827880005 - -
Class A4 USD Annual 60.35 -0.34 -0.56 60.78 53.59 - LU0724617625 - -
Class D2 Hedged SGD None 15.50 -0.09 -0.58 15.61 13.70 - LU0827880690 - -
Class D2 Hedged AUD None 19.46 -0.11 -0.56 19.60 17.28 - LU0827880187 - -
Class A2 USD None 62.07 -0.35 -0.56 62.51 54.89 - LU0072462426 - -
Class D2 EUR None 62.78 -0.49 -0.77 63.50 53.04 - LU0523293024 - -
Class D2 Hedged CHF None 13.32 -0.08 -0.60 13.42 12.06 - LU0827880260 - -
Class A2 Hedged CHF None 12.59 -0.07 -0.55 12.69 11.46 - LU0343169966 - -
Class A2 Hedged PLN None 17.79 -0.11 -0.61 17.92 15.88 - LU0480534592 - -
Class D4 Hedged EUR Annual 36.02 -0.21 -0.58 36.29 32.87 - LU0827880773 - -
Class A2 Hedged HKD None 14.82 -0.08 -0.54 14.93 13.15 - LU0788109477 - -
Class A2 Hedged CNH None 140.89 -0.81 -0.57 141.91 124.31 - LU1062906877 - -
Class D2 Hedged PLN None 18.81 -0.11 -0.58 18.95 16.67 - LU0827880427 - -
Class I2 USD None 67.92 -0.39 -0.57 68.40 59.52 - LU0368249560 - -
Class A2 Hedged AUD None 18.41 -0.11 -0.59 18.55 16.47 - LU0468326631 - -
Class D2 Hedged GBP None 33.49 -0.19 -0.56 33.73 29.93 - LU0827880344 - -
Class A2 Hedged GBP None 31.70 -0.18 -0.56 31.93 28.53 - LU0236177068 - -
Class A4 Hedged EUR Annual 35.87 -0.21 -0.58 36.15 32.67 - LU0240613025 - -
Class A2 EUR None 57.26 -0.45 -0.78 57.92 48.74 - LU0171283459 - -
Class A2 Hedged EUR None 38.60 -0.23 -0.59 38.90 35.01 - LU0212925753 - -
Class D2 USD None 68.05 -0.39 -0.57 68.53 59.76 - LU0329592538 - -
Class D4 GBP None 46.83 -0.54 -1.14 47.37 40.90 - LU1852330908 - -
Class A2 Hedged SGD None 14.58 -0.09 -0.61 14.69 12.98 - LU0308772762 - -
Class D2 Hedged EUR None 42.33 -0.24 -0.56 42.65 38.18 - LU0329591480 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Rick Rieder
Dan Chamby
Dan Chamby
David Clayton
David Clayton
Russ Koesterich
Russ Koesterich

Literature

Literature