BlackRock Global Multi Asset Income
|Bid Price||GBX 115.20||Offer Price||GBX 121.60|
|Mid Price||-||Day Change||GBX 0.10 (0.00%)|
|Price Date||21 Feb 2017||Crown Rating|
|Shares Class||Inc.||Yield||4.54 %|
|Total Expense Ratio||0.00||Fund Size||68,005,153.47|
|Launch Date||12/08/1994||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.67||Sector||IMA UK Equity Income|
|Min Investment (£)||50,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BK1PJZ14||Min TopUp (£)||100.00|
The aim of the BlackRock Global Multi Asset Income Fund is to provide an above average income without sacrificing the benefits of long-term capital growth by following a flexible asset allocation policy. Investment may be made in a global portfolio of equities and fixed income securities, as well as permitted money market instruments, permitted deposits, cash and near cash and units in collective investment schemes.
Michael Fredericks, Managing Director, is head of Income Investing for the Blackrock Multi-Asset Strategies group and lead portfolio manager for the Multi-Asset Income, Global Multi-Asset Income, and Dynamic High Income funds. Mr. Fredericks joined BlackRock in 2011 from JPMorgan Asset Management where he was an Executive Director and portfolio manager in the Global Multi-Asset Group (GMAG) responsible for retail asset allocation solutions. At JPMorgan he co-managed the JPMorgan Diversified Fund and the JPMorgan Income Builder Fund, and served on the GMAG New York investment committee. Previously he was an equity analyst responsible for global consumer discretionary stocks at Nicholas Applegate Capital Management. Mr. Fredericks holds a B.A. in Economics and History from the University of California, Berkeley and an M.P.I.A. from the Graduate School of International Relations and Pacific Studies at the University of California, San Diego.