|Bid Price||GBX 104.70||Offer Price||GBX 110.40|
|Mid Price||-||Day Change||GBX +0.10 (0.10%)|
|Price Date||16 Jan 2018||Crown Rating|
|Shares Class||Inc.||Yield||4.32 %|
|Total Expense Ratio||0.00||Fund Size||70,101,769.02|
|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||GB00BK1PK922||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.
Alex Shingler, Managing Director and portfolio manager, is a member of the BlackRock MAS group, which is responsible for developing, assembling, and managing global tactical asset allocation portfolios as well as outcome oriented investment solutions. Prior to his current role, Mr. Shingler served as a research analyst and portfolio manager within European and US Credit strategies. Before joining BlackRock in 2009 in London, Mr. Shingler was Head of European Research at R3 Capital Partners and its predecessor. From 1999 to 2007, Mr. Shingler was with Seneca Capital Advisors, focusing on special situation equity and debt investments. He began his career as an analyst with J.P. Morgan. Mr. Shingler earned an AB degree, summa cum laude, in philosophy from Princeton University.
Justin Christofel, CFA, CAIA, Director and portfolio manager, is a member of the BlackRock Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing global tactical asset allocation portfolios as well as outcome oriented investment solutions. Mr Christofel is a portfolio manager for a range of multi-asset portfolios for both institutional and individual investors. In addition to traditional tactical asset allocation portfolios, he manages income-oriented strategies, managed volatility strategies and real return strategies. Prior to joining BlackRock in 2007, Mr Christofel was with Oliver Wyman, a consulting firm specialising in financial services. His projects ranged from retail banking to structured finance. Mr Christofel earned a BA degree, with honours, in economics and mathematics from Yale University.