BlackRock Global Funds - ESG Multi-Asset Fund A2 USD 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 in equity securities (e.g. shares), fixed income securities (such as bonds), funds, cash, deposits and money market instruments (i.e. debt securities with short term maturities). The asset classes and the extent to which the Fund is invested in these may vary without limit depending on market conditions and other factors at the investment adviser’s (IA) discretion. In selecting these, the IA may take into consideration the 50% MSCI World Index and 50% Citigroup World Government Bond Euro Hedged Index. The Fund’s investments may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development). These may include securities with a relatively low credit rating or which are unrated. The assets held by the Fund may be denominated in a wide variety of currencies. 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 may use FDIs to reduce risk within the Fund’s portfolio, 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). The IA will use FDIs to gain indirect exposure to commodities such as precious metals and agricultural produce. 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 Euro. Your shares will be denominated in US 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
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 21/09/202044.05
Morningstar categoryUSD Moderate Allocation
CurrencyUSD
Distribution statusAccumulating
ISINLU0494093205
Inception Date16/04/2010
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.49% of which 0.60% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameConan McKenzie
Manager Start Date01/05/2018
Websitewww.blackrock.com
Total Net Assets (mil)1,335.09 USD (30/06/2020)
UCITSYes
AdministratorBank of New York Mellon S.A./N.V.

Documents

Prospectus
en 11/06/2020
Annual Report
en 31/08/2019
Semi Annual Report
en 29/02/2020
Morningstar Report
22/09/2020

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 USD
PeriodAnnualised returnDate
1 year8.47%21/09/2020
3 years8.18%21/09/2020
5 years6.33%21/09/2020
10 years5.37%21/09/2020
Since launch5.18%21/09/2020
Cumulative performance in USD
Performance
YTD 01/01/20205.74
1 month-0.97
3 months1.80
6 months16.94
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-5.71%9.34%--
20198.77%1.98%3.80%2.33%
2018-1.66%2.95%2.95%-6.21%
20173.47%0.14%1.33%3.05%
2016-4.43%0.89%1.86%3.34%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock46.91%0.10%46.81%
Bond34.79%0.01%34.78%
Cash2.89%0.68%2.21%
Other16.24%0.03%16.21%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
10.678.127.61
Sharpe Ratio
1.010.930.73
Sortino Ratio
1.911.571.19
Positive Months9.0027.0038.00
Negative Months3.009.0022.00
Worst Month-4.04-4.04-4.58
World Regions
Region%
United States31.52
Eurozone5.00
Europe - ex Euro2.83
Japan2.80
United Kingdom1.42
Canada0.96
Asia - Emerging0.80
Asia - Developed0.63
Australasia0.42
Latin America0.21
Africa0.15
Middle East0.05
Europe - Emerging0.03
Stock Sector Weighting
Sector% of Equity
Technology13.10
Healthcare6.65
Consumer Cyclical
6.50
Financial Services5.08
Consumer Defensive
4.63
Industrials3.90
Communication Services2.86
Basic Materials1.72
Real Estate1.20
Energy0.64
Utilities0.53
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 1.5% 15/02/2030United States5.74
iShares MSCI USA SRI ETF USD Acc Ireland5.35
Microsoft Corp TechnologyUnited States4.04
iShares Physical Gold ETC Ireland3.96
Italy (Republic Of) 1.35% 01/04/2030Italy3.12
United States Treasury Notes 0.12% 31/07/2022United States2.91
iShares Physical Silver ETC Ireland2.84
Starwood European Real Estate Finance Guernsey2.76
Triple Point Social Housing REIT Ord United Kingdom2.11
iShares $ HY Corp Bd ESG ETF USD Acc Ireland1.82
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
$
44.05
Closing Price
All key information and documents must be reviewed before being able to Invest.