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  5. BlackRock Global Allocation Australian Shares - Managed fund profile

BlackRock Global Allocation Australian Shares - Managed Fund

Fund Objective
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.
Fund Strategy
The fund invests in both equity and debt securities, including money market securities and other short-term securities or instruments, of issuers located around the world. This fund is considered a hedge fund by the Australian Securities and Investments Commission.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.05% 2.77% 5.58% 15.4% 9.36% 2.94% 6.11% 5.7%
Growth return 3.05% 2.77% 5.44% 15.25% 9.29% 2.9% 1.01% -0.14%
Income return 0% 0% 0.14% 0.15% 0.07% 0.04% 5.1% 5.84%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Global Allocation Australian Shares
Australian Equities
0.06%
International Equities
63.80%
Cash
8.28%
Property
0.07%
Fixed Interest
27.36%
Alternatives
0.43%

General Information

Fund Details
Type Description
BlackRock Global Allocation Australian Shares (Wholesale)
BlackRock Investment Mgmt (AUS) Ltd
MAL0029AU
starstarstar (as at 30 Nov 2024)
Unknown
8 Dec 2005
$8.74 million (as at 31 Oct 2024)
$1.08786 (as at 23 Dec 2024)
$1.08135 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.29% (as at 1 Nov 2024)
Indirect Cost Ratio (ICR) 0.86% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.46
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
PENNSYLVANIA ST 5% Muni Bond - General Obligation 0%
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FAQs about the BlackRock Global Allocation Australian Shares

The objective of the BlackRock Global Allocation Australian Shares managed fund is 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.

The strategy of the BlackRock Global Allocation Australian Shares managed fund is The fund invests in both equity and debt securities, including money market securities and other short-term securities or instruments, of issuers located around the world. This fund is considered a hedge fund by the Australian Securities and Investments Commission.

The APIR code of the BlackRock Global Allocation Australian Shares managed fund is MAL0029AU.

BlackRock Global Allocation Australian Shares’s total return last month was 3.05%. This was made up of a growth return of 3.05% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

BlackRock Global Allocation Australian Shares’s total return for the last three months was 2.77%. This was made up of a growth return of 2.77% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

BlackRock Global Allocation Australian Shares’s one-year total return is 15.4%. This was made up of a growth return of 15.25% and an income return of 0.15%. These returns were calculated as at 30 Nov 2024.

BlackRock Global Allocation Australian Shares’s one-year total return is 2.94%. This was made up of a growth return of 2.9% and an income return of 0.04%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the BlackRock Global Allocation Australian Shares managed fund is :

Australian Equities
0.06%
International Equities
63.80%
Cash
8.28%
Property
0.07%
Fixed Interest
27.36%
Alternatives
0.43%

The Responsible Entity for the BlackRock Global Allocation Australian Shares managed fund is BlackRock Investment Mgmt (AUS) Ltd.

As at 31 Oct 2024, the size of the BlackRock Global Allocation Australian Shares managed fund was $8.74 million.

The BlackRock Global Allocation Australian Shares managed fund has an inception date of 8 Dec 2005.

The current entry price of the BlackRock Global Allocation Australian Shares managed fund is $1.08786 per unit and the current exit price is $1.08135 per unit (as at 23 Dec 2024).

The current exit price of the BlackRock Global Allocation Australian Shares managed fund is $1.08135 per unit and the current entry price is $1.08786 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the BlackRock Global Allocation Australian Shares managed fund is $50,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.