Fact sheet: BlackRock GF Flex Mult Ass

Fund information
Fund name
BlackRock GF Flexible Multi Asset D2 EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Andy Warwicksince 31/08/2008
Fund objective
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 shares, fixed income securities, funds, cash, deposits and money market instruments. 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 Portfolio Manager’s discretion. In selecting these, the Manager may take into consideration the 50% MSCI World Index and 50% Citigroup World Government Bond Euro Hedged Index.
Benchmark
No data available.
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
-3.5%
1 Year rank in sector
123/152
Sector
FO Mixed Asset - Flexible
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.07%
Fund size
£315m (£431m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
68
Top in this sector
Fund name1 Year
Aria Absolut Inc Prtd UCITs30.9%
HSBC Pfl World Seltn 421.6%
Oasis Crescent Global Inc21.1%
Northstar Mgd Stg20.5%
Investec EmrgMktsMA20.4%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • North America34.9%
    Europe30.2%
    Money Market14.7%
    Japan9.3%
    UK4.3%
  • Government Bonds16.7%
    Money Market13%
    Financials9.9%
    Information Technology9.2%
    Health Care8.7%
  • International Equities57.9%
    Global Fixed Interest44.1%
    Alternative Assets4%
    Money Market-6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%0.7%2.1%-3.5%13%37%
Sector-0.8%-0.8%2%0.5%7.3%23.4%
Rank within sector16 / 16637 / 16971 / 163123 / 15233 / 10622 / 77
Quartile1st1st2nd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-0.3%2%11.1%8.8%10.3%
Sector2.1%-0.1%5%6.8%6.9%
Rank within sector114 / 15345 / 12814 / 11041 / 9631 / 79
Quartile3rd2nd1st2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.39
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.33
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.07
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
7.38
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.79
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.32
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.79
Price movement
52 week high15.01
52 week low13.09
Current bid price-
Current offer price-
Current mid price14.43
Region
1North America34.94%
2Europe30.22%
3Money Market14.67%
4Japan9.27%
5UK4.34%
6International4.33%
7Global Emerging Markets3.27%
8Pacific ex-Japan1.53%
9Not Specified-2.57%
Industry sector
1Government Bonds16.7%
2Money Market12.96%
3Financials9.88%
4Information Technology9.16%
5Health Care8.65%
6Corporate Bonds8.01%
7Consumer Discretionary6.2%
8Industrials6.03%
9Consumer Staples4.87%
Asset type
1International Equities57.92%
2Global Fixed Interest44.1%
3Alternative Assets3.95%
4Money Market-5.97%
Individual holdings
1GERMANY (FEDERAL REPUBLIC OF) 1.50% 15/04/20166.16%
2ITALY (REPUBLIC OF) 0.25 15/05/20184.67%
3SPAIN(KINGDOM OF) 4.5% BDS 31/01/18 EUR10004.48%
4MULTI ASSET STRATEGIES - EQUITY BASKET 2 PAPER TOTAL RETURN SWAP3.25%
5ITALY(REPUBLIC OF) 0.75% BDS 15/01/18 EUR10002.45%
6MULTI ASSET STRATEGIES - EQUITY BASKET 1 PAPER TOTAL RETURN SWAP2.42%
7E-MINI HEALTH CARE SECTOR JUN 162.01%
8US 10YR NOTE JUN 16 06/21/20161.97%
9PORTUGAL GOVERNMENT BOND 5.65% 15/02/20241.6%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
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 shares, fixed income securities, funds, cash, deposits and money market instruments. 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 Portfolio Manager’s discretion. In selecting these, the Manager may take into consideration the 50% MSCI World Index and 50% Citigroup World Government Bond Euro Hedged Index.
Benchmark
No data available.
Investment style
Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
Andy Warwick31/08/2008Andy Warwick, CFA, Managing Director and portfolio manager, is a member of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. Within Diversified Strategies he is lead portfolio manager for Dynamic Return Strategy (DRS) and a portfolio manager for Dynamic Diversified Growth (DDG). Mr Warwick also has responsibility for the management of a number of retail portfolios including the BGF Flexible Multi-Asset Fund and is also responsible for derivative implementation and structured product strategies for the team. Mr. Warwick's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to MLIM he worked with Mako Global Derivatives and Dalton Strategic Partnership from 2002-2005. Mr Warwick initially worked for MLIM from 1993-2002 as a manager for MLIM's unit trusts before joining the quantitative and derivatives team as a portfolio manager and equity derivatives head trader in 1997. He was subsequently co-portfolio manager of MLIM's first hedge fund, the Mercury Equity Arbitrage Fund. Mr. Warwick earned a MSc in Finance from the University of Leicester in 2007.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Brunei Darussalam, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden, Taiwan - Province Of China
BlackRock GF Flexible Multi Asset A2 EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price13.71
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWB54
BlackRock GF Flexible Multi Asset A2 Hedged USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price32.76
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWB62
BlackRock GF Flexible Multi Asset C2 EUR
Initial charge-
Annual charge2.75%
Min single investment£5,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)3.08%
Total expense ratio (TER)2.88%
Bid price-
Offer price-
Mid price12.01
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMS88
BlackRock GF Flexible Multi Asset C2 Hedged USD
Initial charge-
Annual charge2.75%
Min single investment£5,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)3.08%
Total expense ratio (TER)2.9%
Bid price-
Offer price-
Mid price26.25
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXM86
BlackRock GF Flexible Multi Asset D2 EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price14.43
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHXI1
BlackRock GF Flexible Multi Asset D2 Hedged USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price33.76
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF33H
BlackRock GF Flexible Multi Asset E2 EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)2.32%
Total expense ratio (TER)2.24%
Bid price-
Offer price-
Mid price12.55
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMV13
BlackRock GF Flexible Multi Asset E2 Hedged USD
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)2.24%
Bid price-
Offer price-
Mid price29.98
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMV51
BlackRock GF Flexible Multi Asset X2 Ret USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.55
CurrencyUSD
Price updated19/05/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM1F3
Data provided by

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