BlackRock Global Multi-Asset Income Fund A6 SGD-Hedged

BlackRock Global Multi-Asset Income Fund A6 SGD-Hedged was one of funds recommended by a local bank as a top fund idea amongst others.

Investment objectives:
The fund provides investors with access to non-traditional assets such as bank loans, preferred stocks, listed master limited partnerships and real estate vehicles, aside from the conventional stocks and bonds.

The fund offers an average pay-out of 5.5% per annum, which is not guaranteed and may rise or fall.

Historical monthly distribution to investors:
From July 2015 to June 2016, total distribution was S$0.563 per unit.
If Net Asset Value (NAV) is S$9.18 per unit, the distribution yield was 6.13% per annum.

Launch date of this fund was 31 July 2013

Latest Total Net Assets was S$1,057,489,790

Most recent NAV was S$9.18 as at 1 July 2016
Highest NAV: 24 June 2014 at S$10.45
Lowest NAV: 11 Feb 2016 at S$8.79

Geographical location of assets:
47.1% US
5.27% UK
1.96% Canada
1.96% Switzerland
1.86% France
1.82% Germany
1.79% Netherlands
0.81% Japan
etc

Multi-Asset Allocation:
Fixed Income 64.70%
Equity 20.71%
Other 8.59%
Cash 5.98%

One local bank is offering sales charge of 0.88% for July 2016 if unit trust is purchased on-line.

Disclaimer: Investments carry risks. When to buy, when to sell and how much to invest are based on individual financial situations. The author shall not be held responsible for investment decisions made by investors based on this blog post. For more information and validation of accuracy of the information highlighted above, please check it out in the web pages of BlackRock.

Copyright © 2016, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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One Response to BlackRock Global Multi-Asset Income Fund A6 SGD-Hedged

  1. smk says:

    don’t mind, i say here this is something I wouldn’t advise my friends to get.

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