BlackRock Global Funds - Global Allocation Fund A2 AUD Hedged
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 equity securities (e.g. shares) and fixed income (FI) securities in normal market conditions. FI securities include bonds and money market instruments (i.e. debt securities with short term maturities). It may also hold deposits and cash. Subject to the above, the asset classes and the extent to which the Fund is invested in these may vary without limit depending on market conditions. In selecting these, the investment adviser (IA) may take into consideration a composite benchmark comprising: S&P 500 (36%); FTSE World (ex-US) (24%); 5 Year US Treasury (24%) and Citigroup Non-USD World Government Bond Index (16%). The FI securities may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development) and may include securities with a relatively low credit rating or which are unrated. The Fund may also invest in companies that are small in size and are at a relatively early stage in their development. The Fund will generally aim to invest in securities of undervalued companies (i.e. their market price does not reflect their underlying worth). For the purpose of managing currency exposure, the IA may use investment techniques (including 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 may use FDIs to reduce risk, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). 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). The Fund’s base currency is US Dollar. Your shares will be denominated in Australian Dollar. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the base currency of the Fund. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. You can buy and sell your shares daily. The minimum initial investment for this share class is US$5,000 or currency equivalent.

Morningstar Rating
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 17/02/202018.55
Morningstar categoryOther Allocation
CurrencyAUD
Distribution statusAccumulating
ISINLU0468326631
Inception Date22/01/2010
Minimum initial amount100.00 AUD
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.78% of which 0.60% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameDan Chamby
Manager Start Date01/03/2011
Websitewww.blackrock.com
Total Net Assets (mil)0.00 AUD (31/01/2020)
UCITSYes
AdministratorBank of New York Mellon S.A./N.V.

Documents

Prospectus
en 31/12/2019
Annual Report
en 31/08/2018
Semi Annual Report
en 28/02/2019
Morningstar Report
18/02/2020

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 AUD
PeriodAnnualised returnDate
1 year12.15%17/02/2020
3 years5.58%17/02/2020
5 years4.34%17/02/2020
10 years6.53%17/02/2020
Since launch6.33%17/02/2020
Cumulative performance in AUD
Performance
YTD 01/01/20202.66%
1 month0.87%
3 months5.58%
6 months10.15%
Quarterly Returns
Q 1Q 2Q 3Q 4
2020----
20196.90%2.51%-0.06%5.43%
2018-1.62%-0.82%1.01%-8.16%
20174.19%3.27%2.44%2.79%
2016-0.55%0.14%4.39%0.26%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock66.37%1.45%64.92%
Bond35.06%7.30%27.76%
Cash30.53%25.28%5.25%
Other2.08%0.00%2.08%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
11.9413.4614.60
Sharpe Ratio
0.030.020.08
Sortino Ratio
0.050.030.12
Positive Months10.0026.0039.00
Negative Months2.0010.0021.00
Worst Month-2.94-4.81-4.81
World Regions
Region%
United States41.29
Eurozone8.76
Japan3.98
Asia - Emerging3.81
Asia - Developed2.62
United Kingdom1.85
Europe - ex Euro1.48
Latin America0.65
Canada0.59
Australasia0.11
Europe - Emerging0.03
Africa0.01
Stock Sector Weighting
Sector% of Equity
Technology10.96
Healthcare10.19
Financial Services8.96
Industrials7.46
Communication Services7.24
Consumer Cyclical7.00
Consumer Defensive4.55
Basic Materials2.87
Energy2.83
Utilities1.65
Real Estate1.19
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 0.5% 15/04/2024United States4.37
Federal National Mortgage Association 3% 14/01/2020United States3.22
United States Treasury Notes 1.75% 15/11/2029United States2.82
Swp: Cad 1.907500 09-Jul-2021 09/07/2021Canada2.36
China (People's Republic Of) 3.29% 23/05/2029China1.73
Microsoft Corp TechnologyUnited States1.70
Alphabet Inc Class C Communication ServicesUnited States1.57
Apple Inc TechnologyUnited States1.52
United States Treasury Bills 0% 26/03/2020United States1.50
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
A$
18.55
Closing Price
All key information and documents must be reviewed before being able to Invest.