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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
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 22/06/202122.27
Morningstar categoryOther Allocation
CurrencyAUD
Distribution statusAccumulating
ISINLU0468326631
Inception Date22/01/2010
Minimum initial amount100.00 AUD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.77% 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 Date01/01/2017
Websitewww.blackrock.com
Total Net Assets (mil)23,302.61 AUD (31/05/2021)
UCITSYes
AdministratorBlackRock (Luxembourg) SA

Documents

Prospectus
en 10/03/2021
Annual Report
en 31/08/2020
Semi Annual Report
en 28/02/2021
Morningstar Report
23/06/2021

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 AUD
PeriodAnnualised returnDate
1 year24.97%22/06/2021
3 years9.38%22/06/2021
5 years8.68%22/06/2021
10 years6.78%22/06/2021
Since launch7.27%22/06/2021
Cumulative performance in AUD
Performance
YTD 01/01/20215.20
1 month-0.27
3 months3.58
6 months6.25
Quarterly Returns
Q 1Q 2Q 3Q 4
20211.61%---
2020-13.34%12.84%7.87%11.07%
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%
Dividend

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock73.59%4.27%69.32%
Bond16.00%0.93%15.06%
Cash12.81%0.68%12.14%
Other3.48%0.00%3.48%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
21.1321.8518.33
Sharpe Ratio
2.060.510.56
Sortino Ratio
6.580.870.97
Positive Months10.0025.0044.00
Negative Months2.0011.0016.00
Worst Month-2.36-8.26-8.26
World Regions
Region%
United States46.77
Eurozone12.47
United Kingdom3.25
Asia - Emerging3.08
Asia - Developed2.26
Europe - ex Euro2.13
Japan1.77
Canada1.00
Latin America0.54
Australasia0.03
Middle East0.03
Africa0.01
Europe - Emerging0.00
Stock Sector Weighting
Sector% of Equity
Technology13.73
Financial Services11.80
Consumer Cyclical
9.91
Healthcare8.97
Industrials8.16
Communication Services7.58
Basic Materials4.47
Energy2.60
Consumer Defensive
2.58
Utilities2.34
Real Estate1.00
Top 10 Holdings
HoldingSectorCountry% of Assets
SPDR® S&P 500 ETF Trust United States3.72
Microsoft Corp TechnologyUnited States2.09
United States Treasury Bills 26/08/2021United States1.94
United States Treasury Bills 03/06/2021United States1.67
Alphabet Inc Class C Communication ServicesUnited States1.62
Apple Inc TechnologyUnited States1.59
United States Treasury Bills 10/06/2021United States1.30
United States Treasury Bills 15/06/2021United States1.28
Bank of America Corp Financial ServicesUnited States1.26
China (People's Republic Of) 2.68% 21/05/2030China1.23
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$
22.27
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.