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.
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:
Fixed Income 64.70%
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.
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