Morningstar

BlackRock Unconstrained Equity Fund Institutional Shares MAEGX

Morningstar Medalist Rating
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Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return $17.40  /  −0.06 %
  • Fund Size $958.3M
  • Adjusted Expense Ratio 0.950%
  • Net Expense Ratio 0.950%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Global Large-Stock Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $2M
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 79%
NAV and 1-Day Return as of

Morningstar’s Analysis MAEGX

Will MAEGX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MAEGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MAEGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MAEGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Among the best in class.

Analyst Daniel Haydon

Daniel Haydon

Analyst

Summary

BlackRock Global Unconstrained Equity benefits from two skilled managers who follow a well-structured process that seeks to benefit from the long-term compounding of free cash flows. They make full use of an established internal network of investors at BlackRock and the ample other available in-house resources. The recent increase in turnover represents adaptability in the face of what the managers perceive to be changes to long-term structural demand drivers. Our conviction in the process has increased. We represent a best-in-class view with the maintenance of a High People Pillar rating and an upgrade to High from Above Average for the Process Pillar rating.

by Daniel Haydon
Rated on Published on

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Portfolio Holdings MAEGX

More MAEGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 63.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Howmet Aerospace Inc

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Industrials

Amazon.com Inc

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Consumer Cyclical

Alphabet Inc Class C

7.27 69M
Communication Services

Airbus SE

6.51 62M
Industrials

Visa Inc Class A

4.95 47M
Financial Services

Mastercard Inc Class A

4.84 46M
Financial Services

Rolls-Royce Holdings PLC

4.84 46M
Industrials

Trane Technologies PLC Class A

4.63 44M
Industrials

Broadcom Inc

4.50 43M
Technology

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