BLACKROCK GLOBAL FUNDS
BGF Global Allocation Fund A2 SGD Hedged
MAY 2017 FACTSHEET
Unless otherwise stated, Performance, Portfolio Breakdowns and Net Asset information as at: 31-May-2017. All other data as at 16-Jun-2017.
KEY FACTS
INVESTMENT OBJECTIVE
The Global Allocation Fund seeks to maximise total return. The Fund invests globally in equity, debt and
short term securities, of both corporate and governmental issuers, with no prescribed limits. In normal
market conditions the Fund will invest at least 70% of its total assets in the securities of corporate and
governmental issuers. The Fund generally will seek to invest in securities that are, in the opinion of the
Investment Adviser, undervalued. The Fund may also invest in the equity securities of small and emerging
growth companies. The Fund may also invest a portion of its debt portfolio in high yield fixed income
transferable securities. Currency exposure is flexibly managed.
GROWTH OF 10,000
Asset Class
Multi Asset
Morningstar Category
Other Allocation
Inception Date
03-Jan-1997
Share Class Launch Date
31-Jul-2007
Fund Base Currency
USD
Share Class Currency
SGD
Fund Size (mil)
18,379.76 USD
Benchmark1
36% S&P 500 Index
24% FTSE World (ex.US) Index
24% BofA ML Cur 5-yr US Treasury
Index
16% Citi Non-USD WGBI Index
Domicile
Luxembourg
Fund Type
UCITS
ISIN
LU0308772762
Bloomberg Index Ticker
MGAHSA2
Distribution Frequency
Non-Distributing
Number of Issuers
452
PORTFOLIO MANAGERS
Dennis Stattman, CFA (Since: 1993)
Dan Chamby, CFA (Since: 2003)
Russ Koesterich, CFA, JD (Since: 2017)
David Clayton, CFA, JD (Since: 2017)
Kent Hogshire, CFA (Since: 2017)
BGF Global Allocation Fund A2 SGD Hedged
TOP EQUITY HOLDINGS (%)
CUMULATIVE & ANNUALISED PERFORMANCE
Cumulative (%)
Annualised (% p.a.)
1 mth
3 mths
6 mths
YTD
1 Year 3 Years 5 years
Since
Launch
Share Class
1.40%
3.09%
7.78%
6.63%
9.87%
2.59%
6.13%
2.72%
Share Class
[Max. IC
applied]
-3.67%
-2.07%
2.39%
1.30%
4.38%
0.85%
5.05%
2.19%
APPLE INC
AMAZON COM INC
BANK OF AMERICA CORP
COMCAST A CORP
MARATHON PETROLEUM CORP
QUALCOMM INC
DANONE SA
UBER TECHNOLOGIES, INC.
PFIZER INC
FACEBOOK CLASS A INC
Total
Holdings subject to change
Base Share
Class
1.46%
3.30%
7.98%
6.85%
10.24%
2.50%
6.19%
6.91%
Base Share
Class [Max.
IC applied]
-3.61%
-1.86%
2.58%
1.51%
4.73%
0.77%
5.11%
6.64%
Benchmark
1.78%
3.86%
9.07%
7.73%
10.28%
4.29%
7.91%
6.40%
The base share class currency is as indicated in the “Key Facts” section. For hedged
currency share classes only, the benchmark reflected is in the base currency.
CALENDAR YEAR PERFORMANCE
2016
2015
2014
2013
2012
Share Class
3.30%
-1.75%
1.35%
13.81%
7.42%
Benchmark
6.06%
-0.78%
4.17%
13.67%
10.80%
*Performance shown from share class launch date to calendar year end.
1.05
0.91
0.75
0.67
0.66
0.66
0.63
0.62
0.60
0.58
7.13
ASSET ALLOCATION (%)2
REGIONAL ALLOCATION (%)2
Fund Benchmark
Equity
Fixed Income
Commodity Related
Cash
56.14
31.97
5.02
6.87
Active
60.00
40.00
0.00
0.00
-3.85
-8.03
5.02
6.87
Allocations subject to change.
PORTFOLIO CHARACTERISTICS
Equity Price/Earnings (FY1)
Equity Wtd. Avg. Market Capitalization
Portfolio Effective Duration
Assumes 0 duration for equity holdings
Fixed Income Effective Duration
Fixed Income + Cash Effective Duration
16.52x
96,719.28 USD
1.39
4.27 yrs
3.42 yrs
27.36
20.32
14.44
9.79
5.37
3.66
2.81
2.27
1.20
0.90
5.02
6.86
36.75
24.40
12.74
4.60
0.50
3.89
9.45
0.48
5.18
2.01
0.00
0.00
Active
-9.40
-4.08
1.70
5.19
4.87
-0.24
-6.63
1.78
-3.97
-1.12
5.02
6.86
Geographic exposure relates principally to the domicile of the issuers of the securities held in the
product, added together and then expressed as a percentage of the product’s total holdings.
However, in some instances it can reflect the country where the issuer of the securities carries out
much of their business.
CURRENCY ALLOCATION (%)2
FEES AND CHARGES
Max Initial Charge (IC)
Management Fee
5.00%
1.50%
+65 6411 3000
1
Fund Benchmark
North America Equity
North America Fixed Income
Europe Equity
Japan Equity
Emerging Market Fixed Income
Emerging Market Equity
Europe Fixed Income
Asia/Pacific (ex Japan) Fixed Income
Japan Fixed Income
Asia/Pacific (ex. Japan) Equity
Commodity Related
Cash
Fund Benchmark
USD
EUR
JPY
Other Asia
British Pound Sterling
Other Europe
Latin America
Rest of the World
[email protected]
63.68
12.99
8.92
4.84
4.57
2.17
1.64
1.18
60.04
13.70
9.77
4.94
4.87
3.19
0.84
2.65
Active
3.64
-0.72
-0.86
-0.09
-0.29
-1.01
0.80
-1.47
www.blackrock.com/sg
The Reference Benchmark is an unmanaged weighted index comprised as follows: 36% of the S&P 500 Index; 24% FTSE World (ex US)
Index; 24% BofA Merrill Lynch Current 5- year US Treasury Index; and 16% Citigroup Non-US Dollar World Government Bond Index.
2 % of net assets represents the Fund’s exposure based on the economic value of securities and is adjusted for futures, options, swaps,
and convertible bonds. Allocations subject to change.
Risk statistics are based on monthly fund returns for the 3-year period. Benchmark risk measures are calculated in relation to the FTSE
World Index. Standard Deviation measures the volatility of the fund’s returns. Higher deviation represents higher volatility. Sharpe Ratio
uses a fund’s standard deviation and its excess return (difference between the fund’s return and the risk-free return of 90-day Treasury
Bills) to determine reward per unit of risk.
For distributing share classes, dividends are not guaranteed and may be paid out of capital. Dividend data may not be available on the
issue date of this factsheet. Details on distribution may be available on request. Payments on dividends result in a reduction of the NAV per
share of the Fund on the ex-dividend date. Actual dividend payout will be subject to the manager's discretion. Fund and benchmark
performance are applied on a bid-to-bid basis and the Fund performance is on the assumption that all dividends and distributions are
reinvested, taking into account all charges which would have been payable upon such reinvestment. The Fund may use or invest in
financial derivatives. In Singapore, this material is issued by BlackRock (Singapore) Limited (company registration number: 200010143N).
This material is for informational purposes only and does not constitute an offer or solicitation to purchase or sell units in the Fund. Sources:
BlackRock and Morningstar. Investment involves risk. Past performance is not necessarily a guide to future performance or returns. The
value of investments and the income from them can fluctuate and is not guaranteed. Rates of exchange may cause the value of
investments to go up or down. Investors may not get back the amount they invest. Individual stock price/figure does not represent the return
of the Fund. BlackRock Global Funds (BGF) is an open-ended investment company established in Luxembourg which is available for sale
in certain jurisdictions only. BGF is not available for sale in the U.S. or to U.S. persons. Product information concerning BGF should not be
published in the U.S. BGF has appointed BlackRock (Singapore) Limited as its Singapore representative and agent for service of process.
Subscriptions in BGF are valid only if made on the basis of the current Prospectus and the Product Highlights Sheet available on our
website www.blackrock.com/sg and you must read these documents before you invest. Investors may wish to seek advice from a financial
adviser before purchasing units of the Fund. In the event that he chooses not to seek advice from a financial adviser, he should consider
carefully whether the Fund in question is suitable for him. © 2017 BlackRock, Inc., All Rights Reserved.