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Monday to Friday
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BL Global Flexible USD

Flexible fund

Data as of 27/01/2023

Risk level

Recommended investment horizon : > 4 years


Average annual performance since launch 4,37 %

Performance as at 27/01/2023

202014,86 %
20217,88 %
2022-12,55 %
Since 01/01/20233,08 %
Over the last 12 months-4,45 %
Over 3 years10,29 %
Since launch67,57 %
Asset breakdown
Equities51,77 %
Hedged Equities29,21 %
Cash11,55 %
Bonds7,47 %
Breakdown by currency
USD79,86 %
CHF5,11 %
GBP4,06 %
EUR3,71 %
JPY3,02 %
Others4,24 %
Main positions
ABN AMRO Pzena US Equities - I USD CAP6,46 %
Microsoft Corp5,34 %
US Treasury Notes Series W 2027 2022 2.5% 31-03-20273,83 %
Lowes Co Inc3,63 %
Apple Inc3,43 %


Investment objective and policy

The fund's objective is to generate a positive real (inflation-adjusted) return in US dollars over the medium term through a flexible, global asset allocation strategy. The strategy combines different asset classes: primarily equities, bonds and money market instruments, and cash. Investments in equities may vary between 25% and 100% of the net assets. A minimum of 15% of the fund’s assets will be invested in sustainable assets. The fund also aims to limit the decline during periods of stock market correction.

General information

Net Asset Value 
Calculated Every business day
NAV class B capitalisation shares (27/01/2023)167,57 USD
CODESISIN capitalisation code : LU0578147729
WKN capitalisation code : A1H54X
Net assets (million)99,99 USD
Launch date14/01/2011

Before making any decision to subscribe, customers must ensure they have understood the product, having measured the risks associated with it and consulted their own advisers on the appropriateness of the product for their particular financial situation, taking into account legal, tax and accounting aspects. This fact sheet has been drawn up for information purposes and shall in no event be considered a solicitation to buy or an offer to sell securities or other financial instruments. Information provided to the interested party does not constitute legal or fiscal advice and the Bank shall not be held liable for such information. The securities referred to in this document may cause the investor to incur significant risk and may not be appropriate for all investors. Such risks include market risks, high volatility, credit risk, liquidity risk and interest-rate risk. There is no guarantee that the securities described in this document will achieve their investment objectives. Past performance is no indication of future returns. The Bank shall not be held liable for the future performance of these securities. Potential investors must ensure that they understand the risks of investing in such products and should only take an investment decision after giving careful consideration, together with their professional advisers, to the appropriateness of this investment to their specific financial situation, particularly with regard to legal, tax and accounting aspects. We have made every effort to verify that the information presented in this document is correct, in particular the estimated values, opinions and other estimates. Nevertheless, no guarantee can be given as to the validity, timeliness, completeness, correctness or accuracy of the information, which is provided for guidance only. Information may be subject to change without prior notice.