What is the investment strategy?

The Fund seeks to achieve its investment objective by implementing tactical asset allocation strategies. The strategies adopted are thematic, concentrating on exploiting trends, likely developments and mis-pricing in global asset markets. The strategies adopted encompass equity, cash, fixed interest, property, commodity and currency markets.

Trades executed to implement these strategies may be based on an expectation of the direction of a particular market or focus on relative values between and within regions, asset classes, sectors, currencies and instruments or some combination thereof.

What does the Fund invest in?

The Fund may invest in any derivative or physical instrument or asset from any asset class and/or currency subject to consistency with its risk budget. Typically the Fund is physically invested in cash and short-term fixed interest securities with derivative overlays used to achieve exposures to desired positions in markets. At times physical assets or instruments may be used to give effect to the Fund’s strategies.

The choice between types of instruments is dictated by the need to execute strategies in a targeted, cost efficient and risk controlled manner. In the management of the Fund we make extensive use of over the counter swaps, options, currency forwards and futures.

About the investment team

The Fund is managed by our highly experienced Australian Asset Allocation Team and draws upon the expertise of BlackRock’s asset allocation and investment teams domestically and globally.

Fund risks are monitored by our Australian Risk and Quantitative Analysis Team (RQA). The RQA team is independent of BlackRock’s Investment management teams and provides fund guidance and advice to those teams.

Who should consider investing in the Fund?

The Fund should be considered by investors seeking the potential for high absolute returns, or who are seeking exposure to asset allocation strategies. Investors should have a longer-term investment horizon and be prepared to accept the risk of volatility in global markets.

 

 

Important Information

Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFS Licence 230523 (BlackRock). BlackRock is the responsible entity of the BlackRock Global Allocation Fund (Aust).

A Product Document Statement for the Fund is available from BlackRock. You should consider the Product Disclosure Statement in deciding whether to acquire, or to continue to hold, the product. Please call us on 1300 366 100 or visit our website www.blackrock.com/au to obtain a copy of the Product Disclosure Statement for the Fund

BlackRock, its officers, employees and agents believe that the information in this document is correct at the time of compilation, but no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors or omissions (including responsibility to any person by reason of negligence) is accepted by BlackRock, its officers, employees or agents.

This document contains general information only and is not intended to represent general or specific investment or professional advice. The information does not take into account an individual‘s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial or other professional adviser before making an investment decision.

No guarantee as to the capital value of investments in the Fund nor future returns is made by BlackRock. Past performance is not a reliable indicator of future performance.