BlackRock Global Funds - Global Allocation Fund A2 EUR
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. 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). The IA may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to achieve the investment objective of the Fund, and/or 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 Fund is actively managed, and the IA has discretion to select the Fund's investments. In doing so, the IA will refer to a composite benchmark comprising the S&P 500 (36%); FTSE World (ex-US) (24%); 5 Yr US Treasury Note (24%) and FTSE Non-USD World Government Bond Index (16%) (the “Index”) when constructing the Fund’s portfolio, and also for risk management purposes to ensure that the active risk (i.e. degree of deviation from the Index) taken by the Fund remains appropriate given the Fund’s investment objective and policy. The IA is not bound by the components or weighting of the Index when selecting investments. The IA may also use its discretion to invest in securities not included in the Index in order to take advantage of specific investment opportunities. The Index should be used by investors to compare the performance of the Fund. 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. Shares for this class are bought and sold in Euro. The performance of your shares may be affected by this currency difference.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Neutral
Neutral
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 24/11/202058.98
Morningstar categoryUSD Moderate Allocation
CurrencyEUR
Distribution statusAccumulating
ISINLU0171283459
Inception Date31/07/2002
Minimum initial amount100.00 EUR
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)11,638.85 EUR (30/06/2020)
UCITSYes
AdministratorBank of New York Mellon S.A./N.V.

Documents

Prospectus
en 21/09/2020
Annual Report
en 31/08/2019
Semi Annual Report
en 29/02/2020
Morningstar Report
25/11/2020

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.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year9.87%24/11/2020
3 years7.47%24/11/2020
5 years4.83%24/11/2020
10 years6.87%24/11/2020
Since launch6.24%24/11/2020
Cumulative performance in EUR
Performance
YTD 01/01/20208.76
1 month4.46
3 months5.81
6 months10.04
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-10.11%10.87%3.55%-
20199.09%1.33%4.77%2.81%
2018-4.09%5.12%1.66%-6.76%
20172.71%-3.61%-0.80%1.04%
2016-5.26%2.43%3.31%6.24%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock63.54%1.15%62.39%
Bond25.41%0.67%24.75%
Cash8.25%0.07%8.17%
Other4.70%0.01%4.69%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
16.2311.319.51
Sharpe Ratio
0.540.290.44
Sortino Ratio
0.870.430.67
Positive Months9.0022.0033.00
Negative Months3.0014.0027.00
Worst Month-7.27-7.27-7.27
World Regions
Region%
United States41.14
Eurozone9.51
Asia - Emerging3.56
Japan2.44
Europe - ex Euro2.36
Asia - Developed2.30
United Kingdom0.99
Canada0.87
Australasia0.12
Latin America0.09
Africa0.01
Europe - Emerging0.00
Stock Sector Weighting
Sector% of Equity
Technology13.27
Healthcare10.09
Consumer Cyclical
8.69
Financial Services7.74
Communication Services6.58
Industrials5.59
Basic Materials3.71
Consumer Defensive
3.06
Utilities1.93
Energy1.50
Real Estate0.61
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 0.12% 15/04/2025United States2.73
Microsoft Corp TechnologyUnited States2.02
SPDR® Gold Shares United States1.95
iShares $ High Yld Corp Bd ETF USD Dist Ireland1.95
Apple Inc TechnologyUnited States1.93
United States Treasury Notes 1.75% 15/11/2029United States1.88
Amazon.com Inc Consumer CyclicalUnited States1.82
Alphabet Inc Class C Communication ServicesUnited States1.52
China (People's Republic Of) 3.29% 23/05/2029China1.42
United States Treasury Notes 0.12% 15/10/2024United States1.32
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
58.98
Closing Price
All key information and documents must be reviewed before being able to Invest.