Fact sheet: BlackRock Gbl Mul Ass Inc

Fund information
Fund name
BlackRock Global Multi Asset Income D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Alex Shinglersince 10/03/2015
  • Michael Frederickssince 10/12/2014
  • Justin Christofelsince 10/12/2014
Fund objective
The aim of the BlackRock Global Multi Asset Income Fund is to provide an above average income without sacrificing the benefits of long-term capital growth by following a flexible asset allocation policy. Investment may be made in a global portfolio of equities and fixed income securities, as well as permitted money market instruments, permitted deposits, cash and near cash and units in collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
5.1%
1 Year rank in sector
149/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
4.6%
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.
0.92%
Fund size
£69m (£70m 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.
38
Bid price
442.4
Offer price
444.8
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution17.8%
SVS TPI Balanced 216.3%
S&W Wessex15.2%
HSBC Open Global Return14.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • North America70.2%
    Europe19.8%
    Money Market5%
    Global Emerging Markets3.1%
    Asia Pacific ex Japan0.8%
  • Fixed Interest72.4%
    Equities22.6%
    Money Market5%
  • US Fixed Interest52.2%
    Global Fixed Interest20.2%
    US Equities14.8%
    International Equities7.8%
    Money Market5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-0.2%3.5%5.1%11.5%36.9%
Sector-1.7%-0.6%6.3%7.1%14.8%35.7%
Rank within sector25 / 21488 / 213181 / 210149 / 204144 / 17392 / 144
Quartile1st2nd4th3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.4%-0.3%4.1%11.4%10.7%
Sector7.6%1.2%5%9%8%
Rank within sector135 / 204157 / 190133 / 17556 / 16151 / 145
Quartile3rd4th4th2nd2nd
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.
-0.8
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.
0.96
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.
0.09
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%.
5.74
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.
2.88
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.
-0.36
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.
0.75
Price movement
52 week high448.1
52 week low396
Current bid price442.4
Current offer price444.8
Current mid price-
Region
1North America70.23%
2Europe19.8%
3Money Market5.03%
4Global Emerging Markets3.06%
5Asia Pacific ex Japan0.79%
6International0.78%
7Japan0.3%
Industry sector
1Fixed Interest72.4%
2Equities22.57%
3Money Market5.03%
Asset type
1US Fixed Interest52.23%
2Global Fixed Interest20.17%
3US Equities14.77%
4International Equities7.8%
5Money Market5.03%
Individual holdings
1ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST7.95%
2ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST7.95%
3BLACKROCK GF ASIAN TIGER BOND A1 USD1.97%
4CREDIT SUISSE GROUP 6.25% 31/12/490.89%
5CARADOR INCOME PLC ORD USD0.78%
6NORTHERN TRUST CORPORATION 4.6 12/31/20490.74%
7BANK OF NEW YORK MELLON CORP/THE 4.625 12/31/20490.71%
8BANK OF AMERICA CORP 6.25% BDS 31/12/49 USD10000.66%
9DEUTSCHE BANK AG 4.296% BDS 24/05/28 USD10000.66%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The aim of the BlackRock Global Multi Asset Income Fund is to provide an above average income without sacrificing the benefits of long-term capital growth by following a flexible asset allocation policy. Investment may be made in a global portfolio of equities and fixed income securities, as well as permitted money market instruments, permitted deposits, cash and near cash and units in collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Alex Shingler10/03/2015Alex Shingler, Managing Director and portfolio manager, is a member of the BlackRock MAS group, which is responsible for developing, assembling, and managing global tactical asset allocation portfolios as well as outcome oriented investment solutions. Prior to his current role, Mr. Shingler served as a research analyst and portfolio manager within European and US Credit strategies. Before joining BlackRock in 2009 in London, Mr. Shingler was Head of European Research at R3 Capital Partners and its predecessor. From 1999 to 2007, Mr. Shingler was with Seneca Capital Advisors, focusing on special situation equity and debt investments. He began his career as an analyst with J.P. Morgan. Mr. Shingler earned an AB degree, summa cum laude, in philosophy from Princeton University.
Michael Fredericks10/12/2014Michael Fredericks, Managing Director and Lead Portfolio Manager, is head of US Retail Asset Allocation for the BlackRock's Strategies (MAS) group. He is responsible for the development and management of asset allocation strategies for retail clients. Mr. Fredericks joined BlackRock in 2011 from JPMorgan Asset Management where he was an Executive Director and portfolio manager in the Global Multi-Asset Group (GMAG) responsible for retail asset allocation solutions. At JPMorgan he managed both tactical constrained and absolute return strategies, co-managed the JPMorgan Diversified Fund and the JPMorgan Income Builder Fund, and served on the GMAG New York investment committee. Previously he was an equity analyst responsible for global consumer discretionary stocks at Nicholas Applegate Capital Management. He also performed investment manager due diligence at Callan Associates.
Justin Christofel10/12/2014Justin Christofel, CFA, CAIA, Director and portfolio manager, is a member of the BlackRock Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing global tactical asset allocation portfolios as well as outcome oriented investment solutions. Mr Christofel is a portfolio manager for a range of multi-asset portfolios for both institutional and individual investors. In addition to traditional tactical asset allocation portfolios, he manages income-oriented strategies, managed volatility strategies and real return strategies. Prior to joining BlackRock in 2007, Mr Christofel was with Oliver Wyman, a consulting firm specialising in financial services. His projects ranged from retail banking to structured finance. Mr Christofel earned a BA degree, with honours, in economics and mathematics from Yale University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Global Multi Asset Income A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.7%
Bid price430.9
Offer price454.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM198
BlackRock Global Multi Asset Income A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.7%
Bid price165.6
Offer price174.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM197
BlackRock Global Multi Asset Income D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.93%
Bid price442.4
Offer price444.8
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGU0K
BlackRock Global Multi Asset Income D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.93%
Bid price170.6
Offer price171.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGU0L
BlackRock Global Multi Asset Income D Inc NAV
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price171.6
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKGHV
BlackRock Global Multi Asset Income S Acc
Initial charge5%
Annual charge0.67%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price110.9
Offer price117.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8XL
BlackRock Global Multi Asset Income S Inc
Initial charge5%
Annual charge0.67%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price98.83
Offer price104.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK8XM
Data provided by

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