BlackRock Global Funds - Dynamic High Income Fund A2 USD
Sub-fund of BlackRock Global Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The Fund aims to generate a high income on your investment. The Fund invests globally in the full range of assets in which a UCITS may invest, including equity securities (e.g. shares), fixed income (FI) 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. The Fund’s investments in FI securities and money market instruments 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. The Fund distributes income gross of expenses. 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). 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 other 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
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 13/12/201910.94
Morningstar categoryUSD Flexible Allocation
CurrencyUSD
Distribution statusAccumulating
ISINLU1564329032
Inception Date06/02/2018
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.75% of which 0.60% is paid by the Fund Manager to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameJustin Christofel
Manager Start Date06/02/2018
Websitewww.blackrock.com
Total Net Assets (mil)3,369.56 USD (30/11/2019)
UCITSYes
AdministratorBlackRock (Luxembourg) SA

Legal Documents

Prospectus
en 20/05/2019
Annual Report
en 31/08/2018
Semi Annual Report
en 28/02/2019
Morningstar Report
14/12/2019

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 year13.84%13/12/2019
Since launch4.98%13/12/2019
Cumulative performance in USD
Performance
YTD 01/01/201918.27%
1 month1.58%
3 months2.43%
6 months4.89%
Quarterly Returns
Q 1Q 2Q 3Q 4
201910.05%3.63%1.14%-
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock16.23%0.00%16.23%
Bond51.47%0.00%51.47%
Cash15.80%0.26%15.54%
Other16.75%0.00%16.75%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
9.98--
Sharpe Ratio
0.91--
Sortino Ratio
1.50--
Positive Months9.0014.0014.00
Negative Months3.007.007.00
Worst Month-5.32-5.32-5.32
World Regions
Region%
United States7.15
Asia - Emerging2.36
Asia - Developed1.79
Canada1.03
Latin America1.02
United Kingdom0.62
Eurozone0.59
Australasia0.55
Europe - Emerging0.45
Japan0.27
Middle East0.17
Europe - ex Euro0.16
Africa0.06
Stock Sector Weighting
Sector% of Equity
Real Estate5.98
Energy2.79
Financial Services2.08
Technology1.60
Industrials1.09
Consumer Cyclical0.75
Communication Services0.53
Healthcare0.50
Consumer Defensive0.48
Utilities0.28
Basic Materials0.15
Top 10 Holdings
HoldingSectorCountry% of Assets
iShares $ High Yld Corp Bd ETF USD Dist Ireland3.18
iShares S&P 500 ETF USD Dist Ireland2.00
Cash Collateral Usd Mlift 31/12/2049United States0.82
State Street Corporation 3.12% 15/06/2037United States0.53
Bank of America Corporation 6.25% 31/12/2049United States0.49
TransCanada Trust 5.88% 15/08/2076Canada0.43
Samsung Electronics Co Ltd Participating Preferred TechnologySouth Korea0.38
Westpac New Zealand Limited 5% 31/12/2049New Zealand0.37
Macquarie Group Limited 6.12% 31/12/2049Australia0.37
SunTrust Banks Inc DR 31/12/2049United States0.36
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
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
$
10.94
Closing Price
All key information and documents must be reviewed before being able to Invest.