BlackRock Global Funds – Global Allocation A2
What is the fund 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.
For more information please see the prospectus.
Who is the Fund Manager?
This fund has been managed by Dennis W. Stattman since July 1993.
Who is Blackrock?
BlackRock Inc is an independent forum providing investment management, risk management and advisory services. Historically the firm has targeted institutional investors, but it has recently permeated the retail market, not least through the acquisition of Merrill Lynch Investment Managers in 2006. The merger strengthened its reputation on the equity front and made it the biggest asset managers globally with assets under management at $1.26 trillion.
Costs
BlackRock allows distributors to charge 5% for this fund (as per prospectus). At RaboDirect you will only pay 0.75% entry fee and 0.75% upon exit. We never charge for unexecuted or cancelled orders or for that matter cost of account maintenance.
Warning: Past Performance is not a reliable guide to future performance. The value of your investment may go down as well as up. Some Investment Funds may be affected by changes in currency exchange rates.
* Funds frequently bought together: This is for the information of our customers, and potential customers, based on general customer investment patterns, and does not constitute advice from us that you invest in any particular fund or a recommendation from us that a particular fund is suitable for you.