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BlackRock Global Funds - Global Dynamic Equity Fund A2
BlackRock Global Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests globally at least 70% of its total assets in the equity securities (e.g. shares) of companies. The Fund will generally aim to invest in securities of companies that are undervalued, where in the investment adviser’s (IA) opinion, their market price does not reflect their underlying worth. The Fund may also invest in equity securities of companies that are small in size and are at a relatively early stage in their development. For the purpose of managing currency exposure, the IA may use investment techniques (which may include the use of financial derivative instruments (FDIs)) to protect the value of the Fund, in whole or part, or enable the Fund to profit from changes in currency exchange rates against the base currency of the Fund. FDIs are investments the prices of which are based on one or more underlying assets. The IA has discretion to select the Fund's investments and in doing so may take into consideration a composite benchmark comprising: S&P 500 (60%) and FTSE World (ex-US) (40%). Recommendation: This Fund may not be appropriate for short-term investment. Your shares will be non-distributing (i.e. dividend income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. You can buy and sell your shares daily. The minimum initial investment for this share class is US$5,000 or currency equivalent. For more information on the Fund, share/unit classes, risks and charges, please see the Fund's prospectus, available on the product pages at www.blackrock.com

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Neutral
Neutral
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 24/09/202131.59
Morningstar categoryGlobal Large-Cap Blend Equity
CurrencyUSD
Distribution statusAccumulating
ISINLU0238689110
Inception Date28/02/2006
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.84% of which 0.60% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameRuss Koesterich
Manager Start Date31/01/2017
Websitewww.blackrock.com
Total Net Assets (mil)512.96 USD (31/08/2021)
UCITSYes
Administrator-

Documents

Prospectus
aaen 16/09/2021
Annual Report
aaen 31/08/2020
Semi Annual Report
aaen 28/02/2021
Morningstar Report
aa25/09/2021

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year37.59%24/09/2021
3 years14.96%24/09/2021
5 years13.77%24/09/2021
10 years11.35%24/09/2021
Since launch7.67%24/09/2021
Cumulative performance in USD
Performance
YTD 01/01/202112.74
1 month-0.75
3 months0.41
6 months8.78
Quarterly Returns
Q 1Q 2Q 3Q 4
20214.53%7.61%--
2020-21.59%20.51%11.57%18.08%
201911.70%2.76%0.54%9.22%
2018-2.69%1.81%2.62%-13.93%
20175.48%4.31%3.29%4.77%
Dividend

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock89.29%0.65%88.64%
Bond0.00%0.00%0.00%
Cash6.97%0.00%6.97%
Other4.39%0.00%4.39%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
17.2619.7415.82
Sharpe Ratio
1.690.770.85
Sortino Ratio
7.331.221.36
Positive Months10.0027.0045.00
Negative Months2.009.0015.00
Worst Month-3.16-12.97-12.97
World Regions
Region%
United States56.28
Eurozone14.74
United Kingdom4.09
Asia - Emerging4.01
Asia - Developed3.43
Japan2.05
Europe - ex Euro1.77
Canada1.21
Latin America0.94
Europe - Emerging0.07
Middle East0.04
Stock Sector Weighting
Sector% of Equity
Technology18.90
Consumer Cyclical
12.37
Healthcare12.30
Financial Services11.12
Communication Services9.75
Industrials8.10
Basic Materials5.54
Energy3.70
Consumer Defensive
3.02
Utilities2.76
Real Estate1.06
Top 10 Holdings
HoldingSectorCountry% of Assets
Microsoft Corp TechnologyUnited States3.13
Alphabet Inc Class C Communication ServicesUnited States2.59
Apple Inc TechnologyUnited States2.53
Amazon.com Inc Consumer CyclicalUnited States1.73
Johnson & Johnson HealthcareUnited States1.60
UnitedHealth Group Inc HealthcareUnited States1.41
Taiwan Semiconductor Manufacturing Co Ltd TechnologyTaiwan1.35
Bank of America Corp Financial ServicesUnited States1.22
Enbridge Inc EnergyCanada1.21
Boston Scientific Corp HealthcareUnited States1.11
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
$
31.59
Closing Price
All key information and documents must be reviewed before being able to Invest.

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MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.