Equity

BlackRock Global Income 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 your investment and the income from it will vary and your initial investment amount is not 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. Some or all of the Manager’s annual charge for the Fund is taken from capital rather than from income. This increases the income, but reduces the potential for capital growth. Investors should understand that capital growth is not a priority for the Fund and that income levels will vary and are not guaranteed. Compared to more established economies, the value of investments in Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability.

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

Chart

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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 9.5 7.8 26.1 8.9 -6.2 18.4 2.8 20.1 -3.1 9.3
Target Benchmark 1 (%) 10.6 3.3 28.7 13.2 -3.8 21.7 12.7 19.6 -8.1 15.3

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

  1y 3y 5y 10y Incept.
19.41 7.11 8.32 9.22 9.34
Target Benchmark 1 (%) 25.33 7.79 11.22 11.47 10.72
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
10.36 1.46 1.40 5.25 19.41 22.88 49.09 141.56 233.53
Target Benchmark 1 (%) 15.02 1.99 2.47 7.98 25.33 25.23 70.21 196.26 294.74
  From
30-Sept-2019
To
30-Sept-2020
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
Total Return (%)

as of 30/Sept/2024

-1.05 19.03 -1.52 7.35 15.02
Target Benchmark 1 (%)

as of 30/Sept/2024

5.27 22.19 -4.17 10.48 19.89

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 GBP.

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 14/Nov/2024
GBP 78,568,270
Fund Launch Date
06/May/2011
Fund Base Currency
GBP
Target Benchmark 1
MSCI All Country World Index
Initial Charge
0.00%
Management Fee
0.75%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLKGIDA
Ongoing Charges Figure ex. Discount
0.95%
Share Class launch date
06/May/2011
Share Class Currency
GBP
Asset Class
Equity
Investment Association Category
Global Equity Income
Ongoing Charges Figures
0.95%
ISIN
GB00B3L7Q242
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Global Equity Income
Dealing Frequency
Daily, forward pricing basis
SEDOL
B3L7Q24
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
50
3y Beta
as of 31/Oct/2024
0.669
P/B Ratio
as of 31/Oct/2024
4.29
Standard Deviation (3y)
as of 31/Oct/2024
8.46%
P/E Ratio
as of 31/Oct/2024
24.85

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.

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 Income Fund, Class D, as of 31/Oct/2024 rated against 1106 Global Equity Income Funds.

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
MICROSOFT CORP 4.75
TAIWAN SEMICONDUCTOR MANUFACTURING 3.44
TEXAS INSTRUMENT INC 3.08
MONDELEZ INTERNATIONAL INC CLASS A 2.98
NOVO NORDISK CLASS B 2.96
Name Weight (%)
ACCENTURE PLC CLASS A 2.92
ASTRAZENECA PLC 2.82
ABBVIE INC 2.74
UNITEDHEALTH GROUP INC 2.52
APPLE INC 2.49
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% 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 Bid Price Offer Price ISIN
Class D GBP 3.42 3.43 GB00B3L7Q242
Class A GBP 3.09 3.10 GB00B3R9X560
Class A GBP 2.14 2.14 GB00B45NTV55
Class D GBP 2.36 2.37 GB00B3VXK756

Portfolio Managers

Portfolio Managers

Olivia Treharne
Olivia Treharne
Molly Greenen
Molly Greenen

Literature

Literature