BGF Flexible Multi-Asset X2 (FUND:B44ZH07) - Overview

Fund Report

BlackRock Global Funds - Flexible Multi-Asset Fund X2

Key Stats
Morningstar® CategoryEUR Moderate Allocation - Global
Manager Name-
Inception Date21/07/2010
NAV 19/10/2016EUR 15.04
Day Change0.13%
12 Month Yield0.00%
ISINLU0526928493
SEDOLB44ZH07
Dividend Frequency-
Net Assets (mil) 31/10/2016313.36 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment10,000,000.00 EUR
Pricing FrequencyDaily
Dealing Cut off Time10:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge0.16%
AMC0.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

50% MSCI World NR EUR, 50% Citi WGBI Hdg EUR

Morningstar® Benchmark

Cat 50%Barclays Euro Agg TR&50%FTSE Wld TR

Growth Of 10,000 (EUR) 30/09/2016

How has this security performed
20122013201420152016
Fund11.299.7212.223.06-0.92
Category8.596.526.792.51-
Benchmark13.2210.4715.185.62-
  • Fund: BlackRock Global Funds - Flexible Multi-Asset Fund X2
  • Category: EUR Moderate Allocation - Global
  • Benchmark: Cat 50%Barclays Euro Agg TR&50%FTSE Wld TR
Trailing Returns % (EUR) 19/10/2016
FundCatBmark
YTD-0.661.155.41
3 Years Annualised5.333.598.94
5 Years Annualised7.605.4510.44
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Flexible Multi-Asset Fund follows an asset allocation policy that seeks to maximize total return. The Fund invests globally in the full spectrum of permitted investments including equities, fixed income transferable securities (which may include some high yield fixed income transferable securities), units of undertakings for collective investment, cash, deposits and money market instruments. The Fund has a flexible approach to asset allocation (which includes taking indirect exposure to commodities through permitted investments, principally through derivatives on commodity indices and exchange traded funds). The Fund may invest without limitation in securities denominated in currencies other than the reference currency (Euro). The currency exposure of the Fund is flexibly managed.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks52.782.2350.54
Bonds58.4815.9942.49
Cash1.236.86-5.63
Other16.243.6412.60
Top Stock Regions
Region%
United States62.60
Eurozone10.72
Japan7.34
United Kingdom6.30
Europe - ex Euro4.14

Top Sectors

Stock Sector%
Technology17.61
Financial Services13.96
Industrials13.80
Healthcare12.92
Consumer Cyclical11.08
Fixed Income Sector%
Government112.75
Corporate Bond6.06
Non-Agency Residential Mortgage Backed4.19
Asset Backed2.77
Commercial Mortgage Backed1.53
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
New since last portfolioEuro-Schatz Dec 16 12/08/2016 Not Classified14.58
DecreaseSpain(Kingdom Of) 0.25% 2018-04-30Not Classified6.11
Spain(Kingdom Of) 4.5% 2018-01-31Not Classified5.40
Trswap: Eltintr4 Index 2017-01-09Not Classified5.25
Nasdaq 100 E-Mini Dec 16 2016-12-16Not Classified3.44
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2016 Morningstar. All rights reserved.