Morningstar Fund Report  | 03/04/2025Print

BlackRock Global Funds - ESG Multi-Asset Fund D2 EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Funds - ESG Multi-Asset Fund D2 EUR
Fund8.4-8.93.32.5-2.7
+/-Cat5.8-0.9-2.5-1.1-2.7
+/-B’mrk3.8-1.6-5.1-3.6-2.7
 
Category: EUR Moderate Allocation - Global
Category Benchmark: Morningstar EU Mod Gbl Tgt ...
Key Stats
NAV
02/04/2025		 EUR 21.11
Day Change 0.06%
Morningstar Category™ EUR Moderate Allocation - Global
ISIN LU0473185139
Fund Size (Mil)
31/03/2025		 EUR 3785.84
Share Class Size (Mil)
02/04/2025		 EUR 179.85
Max Initial Charge 5.26%
Ongoing Charge
04/02/2025		  0.97%
Morningstar Research
Analyst Report21/10/2024
Thomas De Fauw, Analyst
Morningstar, Inc

The team at the helm of BlackRock ESG Multi-Asset has thoughtfully evolved the strategy and navigated multiple market environments successfully since the fund’s repurposing into an ESG format in March 2019. With an upgrade to its People Pillar...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process23
Performance
Price
Investment Objective: BlackRock Global Funds - ESG Multi-Asset Fund D2 EUR
The Fund follows an asset allocation policy that seeks to maximise total return in a manner consistent with the principles of environmental, social and governance “ESG”-focussed investing.
Returns
Trailing Returns (GBP)02/04/2025
YTD-2.07
3 Years Annualised-0.75
5 Years Annualised4.39
10 Years Annualised4.59
12 Month Yield 0.00
Management
Manager Name
Start Date
Conan McKenzie
01/05/2018
Jason Byrom
01/05/2018
Inception Date
14/12/2009

Category Benchmark
Fund BenchmarkMorningstar Benchmark
50% MSCI World NR EUR ,  50% FTSE WGBI Hdg EURMorningstar EU Mod Gbl Tgt Alloc NR EUR
Portfolio Profile for  BlackRock Global Funds - ESG Multi-Asset Fund D2 EUR28/02/2025
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock54.275.5848.69
Bond25.850.0325.82
Property0.000.000.00
Cash111.56102.099.47
Other13.940.0713.87
Fixed Income
Effective Maturity1.78
Effective Duration1.98
Top 5 Regions%
United States72.27
Eurozone10.52
Europe - ex Euro5.15
United Kingdom4.29
Japan3.60
Top 5 Sectors%
Technology27.42
Financial Services16.41
Industrials16.33
Consumer Cyclical11.21
Healthcare10.77
Top 5 HoldingsSector%
iShares Physical Gold ETC3.78
Greencoat UK Wind2.24
Germany (Federal Republic Of)2.18
NVIDIA CorpTechnologyTechnology2.02
Apple IncTechnologyTechnology1.87
Increase Decrease New since last portfolio
BlackRock Global Funds - ESG Multi-Asset Fund D2 EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock Global Funds - ESG Multi-Asset Fund D2 EUR
Category:  EUR Moderate Allocation - Global
Category Index:  Morningstar EU Mod Gbl Tgt Alloc NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-2.868.6816.978.38-8.923.312.46-2.72
+/- Category2.982.458.835.75-0.92-2.50-1.10-2.66
+/- Category Index--6.873.78-1.61-5.09-3.62-2.72
% Rank in Category12254958836592
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.06   0.16-0.01
1 Week-1.28   -0.40-0.76
1 Month-1.70   0.390.23
3 Months-2.83   -2.47-2.52
6 Months-1.71   -1.46-3.07
YTD-2.07   -1.70-2.50
1 Year-0.32   -1.23-3.82
3 Years Annualised-0.75   -2.16-4.32
5 Years Annualised4.39   0.23-1.75
10 Years Annualised4.59   1.00-0.93
 
Category: EUR Moderate Allocation - Global
Category Index: Morningstar EU Mod Gbl Tgt Alloc NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-2.72---
20241.381.02-0.300.34
20231.25-1.64-2.146.00
2022-2.78-5.890.51-0.96
2021-1.084.292.012.99
2020-1.9212.203.532.67
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearAbove AverageAverage4 star
10-YearAbove AverageAverage4 star
OverallAbove AverageAverage4 star
 
Category :  EUR Moderate Allocation - GlobalClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev7.06 %
3-Yr Mean Return-0.96 %
 
3-Yr Sharpe Ratio-0.71
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EU Mod Gbl Tgt Alloc NR EUR  Cat 40%Citi SwissGBI&60%MSCI Wld Free NR
3-Yr Beta0.940.74
3-Yr Alpha-4.47-6.18
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 157287-
Market Capitalisation% of Equity
Giant42.32
Large36.64
Medium18.69
Small1.61
Micro0.73
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings21.491.13
Price/Book3.971.23
Price/Sales2.861.30
Price/Cash Flow14.961.14
Dividend-Yield Factor1.660.89
 
Long-Term Projected Earnings Growth10.330.97
Historical Earnings Growth11.551.24
Sales Growth7.181.06
Cash-Flow Growth9.051.50
Book-Value Growth7.851.04
 
Category: EUR Moderate Allocation - Global
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)EUR 4148
Maturity Distribution %
1 to 318.73
3 to 526.89
5 to 710.53
7 to 1012.69
10 to 154.66
15 to 204.03
20 to 3017.00
Over 303.09
Effective Maturity1.78
Effective Duration1.98
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: EUR Moderate Allocation - Global
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock54.275.5848.69
Bond25.850.0325.82
Property0.000.000.00
Cash111.56102.099.47
Other13.940.0713.87
World Regions28/02/2025
 % of EquityRelative to Category
United States72.271.13
Canada2.181.61
Latin America0.020.03
United Kingdom4.291.01
Eurozone10.520.74
Europe - ex Euro5.150.87
Europe - Emerging0.000.00
Africa0.432.99
Middle East0.030.11
Japan3.601.13
Australasia0.672.59
Asia - Developed0.840.30
Asia - Emerging0.000.00
 
Category: EUR Moderate Allocation - Global
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.690.80
Consumer CyclicalConsumer Cyclical11.211.03
Financial ServicesFinancial Services16.410.95
Real EstateReal Estate1.730.77
Consumer DefensiveConsumer Defensive5.130.90
HealthcareHealthcare10.770.84
UtilitiesUtilities2.991.47
Communication ServicesCommunication Services4.950.66
EnergyEnergy0.370.19
IndustrialsIndustrials16.331.57
TechnologyTechnology27.421.06
 
Category: EUR Moderate Allocation - Global
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings351
Total Number of Bond Holdings458
Assets in Top 10 Holdings19.93
NameSectorCountry% of Assets
iShares Physical Gold ETCIreland3.78
Greencoat UK WindUnited Kingdom2.24
Germany (Federal Republic Of)Germany2.18
NVIDIA Corp311United States2.02
Apple Inc311United States1.87
Microsoft Corp311United States1.83
Amazon.com Inc102United States1.71
Syncona OrdGuernsey1.64
Greencoat RenewablesIreland1.42
Ensemble Investment Corporation SCALuxembourg1.22
 
Increase Decrease New since last portfolio
Category: EUR Moderate Allocation - Global
 
Management
Name of CompanyBlackRock (Luxembourg) SA
Phone+44 20 77433000
Websitewww.blackrock.com
Address35 A, avenue J.F. Kennedy,
 Luxembourg   L-1855
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date14/12/2009
Fund Advisor(s)
Blackrock Financial Management, Inc
BlackRock (Singapore) Ltd
Fund ManagerConan McKenzie
Manager Start Date01/05/2018
Fund ManagerJason Byrom
Manager Start Date01/05/2018
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.26%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.65%
Ongoing Charge0.97%
Purchase Details
Minimum Investments
Initial100000  EUR
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes