BlackRock Global Allocation Fund (Aust) (Class D)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100261-2023-10-26-02:19.pdf |
FUND MANAGER | BlackRock Investment Management (Australia) |
ASX Code | |
APIR | MAL0018AU |
ASSET CLASS | MULTI-ASSET |
INVESTMENT STYLE | The Fund seeks to achieve its investment objective by investing in both equity and debt securities, including money market securities and other short-term securities or instruments, of issuers located around the world. |
INVESTMENT PROFILE | The Fund aims to provide high total investment returns through a fully managed investment policy utilising international equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 04-07-2005 |
BENCHMARK | Custom (see p8 of the PDS) |
FUND SIZE | Custom (see p8 of the PDS) |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | |
FEES | 0.20% p.a. of assets under management |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the BlackRock Global Allocation Fund (Aust) (Class D)The benefits of investing in the Fund include:
Investor suitabilityThe Fund should be considered by investors seeking a single fund that offers broad global exposure, or an investment that is not constrained by MSCI benchmarks. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Fund is a "one stop shop. Investors will benefit from the active security selection, which aims to take advantage of global investment opportunities wherever and whenever they arise. Investment ObjectiveThe Fund aims to provide high total investment return through a fully managed investment policy utilising international equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. Total return means the combination of capital growth and investment income. Currency is actively managed in the Fund around a fully hedged Australian Dollar benchmark. Key dependencies underlying the Fund's investment strategyThe success of the Fund is dependent upon a number of factors which may include, but is not limited to:
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Mandate
How we invest your moneyThe types of securities and markets the Fund invests in will vary in response to changing market conditions and economic trends. For example, the Fund may be substantially invested in Japanese shares when they appear undervalued relative to other world share markets. Alternatively greater emphasis may be placed on fixed income securities when the risk of owning shares appears significant. With this approach, the Global Allocation Team strives to achieve attractive total returns, while spreading the risks associated with investing in only one asset class or market. Given its broad investment remit, the Fund is permitted to invest in the full spectrum of asset classes on a global basis (including both developed and emerging markets) including equities, debt securities (including junk securities), derivatives, cash and cash equivalents, money market securities and other assets (including REITS, commodities and precious metals). Assets of the Fund may be denominated in any global currency and may be located in any country around the world. While active currency positions may be taken, overall currency exposure is hedged to Australian dollars. Diversification guidelines and asset allocation(Asset sector: Minimum / Benchmark / Maximum)
The Fund is not bound by specific asset allocation ranges or diversification targets and has full flexibility to invest at any spectrum of its asset allocation range (as shown in the above table). Consideration and monitoring of asset diversification does, however, form an integral part of the management of the investment strategy. The flexible investment strategy allows for a portfolio to be created that consists of assets that, over time, tend to be relatively balanced between equity and debt securities and that is widely diversified among many individual investments. The Fund may engage in short selling. The Fund may use derivatives. The Fund does not enter into borrowing arrangements for investment purposes, other than temporary overdrafts which may be used as a means of managing certain cash flows. |