BlackRock Global Multi Asset Income
|Bid Price||GBX 101.00||Offer Price||GBX 106.70|
|Mid Price||-||Day Change||GBX 0.00 (0.00%)|
|Price Date||23 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||4.58 %|
|Total Expense Ratio||0.00||Fund Size||67,559,112.20|
|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 and Lead Portfolio Manager, is head of US Retail Asset Allocation for the BlackRock's Strategies (MAS) group. He is responsible for the development and management of asset allocation strategies for retail clients. 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 managed both tactical constrained and absolute return strategies, 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. He also performed investment manager due diligence at Callan Associates.