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BlackRock Global Equity Income Fund

An Equity Strategy with Growth and Income focus


Source: 2014 CFA Survey
Source: Singapore Department of Statistics, 2012 Births and
Deaths; 2013 HSBC Singapore Report The Future of
Retirement Life After Work?
11.5
11
10.5
10
10.5
10
0
Source: Morningstar Direct & BlackRock. Data provided for the A2 USD Share Class. Past performance does not guarantee
future results. Risk is measured by annualised standard deviation. Fund performance is reported in USD on a NAV pricing
basis with income reinvested and where indicated, includes the effect of 5% front end load which an investor may or may
not pay. Annualised fund performance since launch (FEL applied) is 9.0%. As of December 31, 2013.
ATTRACTIVE RETURNS WITH LESSER RISK THAN THE MARKET
0 5 10 15 20
BGF Global Equity
Income Fund
MSCI ACWI Index
R
E
T
U
R
N
RISK
Bond Yield

Dividend Yield

Source: Bloomberg, BlackRock. The S&P 500, DAX, CAC, MSCI Japan and FTSE indices have been used to source the
respective equity index yields. Bond yield is the nominal 10-year government bond yield. Data as of 9/30/13. Past
performance does not guarantee or indicate future results. It is not possible to invest directly in an index.
STOCKS ARE OUTYIELDING BONDS GLOBALLY
UK France Germany US Japan
4%
3%
2%
1%
0%
3%
1.8%
1.6%
2.2%
0.7%
3.8%
3.4%
3.1%
2.1%
1.4%
70
60
50
40
30
20
10
0
-10
-20
World Dividend Growers

Cumulative Withdrawals

U.S. Bonds

Source: BlackRock. Data through June 2013. U.S. Bonds represented by the Barclays U.S. Aggregate Index; World Dividend
Growers from the FTSE World Index. Hypothetical investor retires in January 2000. Income distributions begin at $2,500
annual rate in 2000 and rise according to ination. For illustrative purposes only.
DIVIDEND GROWERS HELP PREPARE AND PAY FOR RETIREMENT
1990 2000 2012 2013
$48,356
Preparing for Retirement
(Accumulation)
(
$
)

T
H
O
U
S
A
N
D
S
Preparing Experience
(Decumulation)
-$7,067
$34,288
For decades, investors have looked to cash and bonds to add stability, returns and even steady growth to their portfolios. The
picture is very different today. These same investors are looking for additional sources of income to grow their long-term wealth.
Equity income funds could be the answer! These funds dont just generate an income, they can also be used for capital growth
should investors choose to reinvest that income.
Emerging Market Turmoil
US Tapering
China Slowdown
Singaporeans expect their
retirement income to only last 13
years resulting in a shortfall of
9.3 years
In these volatile times, 71% of respondents
identied equities as the asset class that
will provide the highest return in 2014.
SEEKING A NEW DIRECTION IN INCOME INVESTING?
LOOK TO GLOBAL EQUITIES.
Make Income Go Further Longer Retirement Period
Have a Concern? Consider Equity Income Investing:
Rely on An Alternate Source of Income
Source: 2014 CFA Survey, What do you see as the
biggest risk to your local market in 2014?
WEAK ECONOMIC CONDITIONS
PERCEIVED AS THE LARGEST RISK
IN 2014
Excess
Regulation
Political
Instability
Weak Economic
Conditions
5%
2%
26%
Lower Rates
Invest in a High-Quality Equity Income Fund Erratic Market Volatility
Average Life Expectancy:
82.3 years
Desired Retirement Age:
60.0 years
Retirement Period:
22.3 years
















Own a portfolio of high-quality, multinational companies
To navigate todays volatile low-growth environment, investors should invest in
operationally and nancially resilient companies. Our investment team scours the
globe for such opportunities and only invests in companies that strictly meet the
following three criteria:
Benet 2 :
Enjoy better downside protection during market volatility
Owing to the investment teams disciplined stock selection for high-quality
companies, the Fund was able to deliver lower drawdowns relative to the market
which also translates to a quicker recovery.
Benet 3 :
** Source: BlackRock as at December 31, 2013. Index: MSCI AC World Index (net) (USD)
***Source: BlackRock as at December 31, 2013 Based on the 5year dividend growth per share growth: the compound
annual growth rate between the most recent Dividend per share (DPS) and the DPS from 6 years ago. Based on the
individual stocks that make up the Fund, not the actual Fund.
Source: Morningstar, as of 31 August 2013. Fund performance (FEL applied) is: -5.8% (US Debt Downgrade); -10.5%
(Eurozone Crisis); -8.2% (QE Tapering Ep.1); -7.2% (QE Tapering Ep.2. Fund performance is reported in USD on a NAV
pricing basis with income reinvested and where indicated, includes the effect of 5% front end load which an investor may
or may not pay. Past performance is not a guide to future performance. World Equities: MSCI World NR USD; Asia ex Japan
Equities: MSCI AC Asia Pac Ex JPN NR USD. Asia Balanced Composite: 50% JPM Asia Credit TR USD + 50% MSCI AC Asia
Pac Ex JPN NR USD.

BGF Global Equity Income Fund

World Equities


Asia ex Japan Equities

Asia Balanced Composite

US Debt Downgrade
7 Aug-7 Oct 2011
Eurozone Crisis
1 Mar-30 Jun 2012
QE Tapering Ep.1
1 May-30 Jun 2013
QE Tapering Ep.2
14-31 Aug 2013
0%
-2%
-4%
-6%
-8%
-10%
-12%
-14%
BETTER DOWNSIDE PROTECTION DURING MARKET VOLATILITY
The Fund invests in high-quality companies with
Thus the Fund delivered:
less risk than the market**
2x the dividend growth rate of the MSCI ACWI Index***
Stable
Financial Standing
Strong
Business Growth
Steady
Dividend Income
-1%
-5%
-12%
-9%
-6%
-9%
-13%
-6%
-3%
-2%
-10%
-8%
-2%
-3%
3-%
-2%
Receive monthly dividends to meet desired income needs
For investors looking for a monthly dividend payout, the Fund is able to provide this
feature via its A6 and A8 share classes.
Benet 1 :
3%
A6 SGD-hedged share
class*
4.5%
A8 AUD-hedged share
class*
* The Fund aims to provide a stable monthly income. The yields shown above are not a projection or forecast of the
future or likely performance of the Fund, and may be higher or lower than the actual dividend yield received by investors.
Dividend payments are made on a monthly basis and are subject to periodic review. Dividend payment is not
guaranteed and might be changed at the discretion of the Directors. In the event of income and realised gains being less
than yield shown above, dividends may be made from capital, subject to Directors approval. Investors should be aware
that the distributions may exceed the income and realised gains of the Fund at times and lead to a reduction of the
amount originally invested, depending on the date of the initial investment.
WHY INVESTORS SELECT
BLACKROCK GLOBAL EQUITY INCOME FUND:
Disclaimer
In Singapore, this material is issued by BlackRock (Singapore) Limited (company registration number: 200010143N).
BlackRock Global Equity Income Fund is the abbreviated name of BlackRock Global Funds Global Equity Income Fund. Past performance is not
a guide to future performance and should not be the sole factor of consideration when selecting a product. All nancial investments involve an
element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
Changes in the rates of exchange between currencies may cause the value of investments to go up and down. Fluctuation may be particularly
marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. Levels and basis of taxation may
change from time to time. Investors in this Fund should understand that capital growth is not a priority and values may uctuate and the level of
income may vary from time to time and is not guaranteed. The fund utilises derivatives as part of its investment strategy. Compared to a fund which
only invests in traditional instruments such as stocks and bonds, derivatives are potentially subject to a higher level of risk and volatility. The above
warnings are explained in greater detail in the fund specic risks in the current BGF Singapore Prospectus and you should read them before
investing. Investors may wish to seek advice from a nancial adviser before purchasing units of the Fund. In the event that he chooses not to seek
advice from a nancial adviser, he should consider carefully whether the Fund in question is suitable for him. This document is for information
purposes only and does not constitute an offer or invitation to anyone to invest in any BlackRock Group funds and has not been prepared in
connection with any such offer. Subject to the express requirements of any client specic investment management agreement or relating to the
management of a fund, we will not provide notice of any changes to our personnel, structure, policies, process, objectives or, without limitation, any
other matter contained in this document. BlackRock Global Funds (BGF) is an open-ended investment company established in Luxembourg which
is available for sale in certain jurisdictions only. BGF is not available for sale in the U.S. or to U.S. persons. Product information concerning BGF
should not be published in the U.S. BGF has appointed BlackRock (Singapore) Limited as its Singapore representative and agent for service of
process. Subscriptions in BGF are valid only if made on the basis of the current Prospectus and the most recent nancial reports which are available
on our website www.blackrock.com.sg. Any research in this document has been procured and may have been acted on by any company in the
BlackRock Group for its own purpose. The results of such research are being made available only incidentally. The views expressed do not constitute
investment or any other advice and are subject to change. They do not necessarily reect the views of any company in the BlackRock Group or any
part thereof and no assurances are made as to their accuracy. Unless otherwise specied, all information contained in this document is current as
at the date stated in this document. No part of this material may be reproduced, stored in retrieval system or transmitted in any form or by any
means, electronic, mechanical, recording or otherwise, without the prior written consent of BlackRock.
2014 BlackRock, Inc., All rights reserved.
For more information
Tel: +65 6411 3000 Website: blackrock.com.sg
Key Fund Information
Fund Managers:
Stuart Reeve
Portfolio Manager and Director
of Research,
BlackRocks Global Equity Team
James Bristow, CFA
Portfolio Manager and
Head of BlackRocks Global
Equity Team
Andrew Wheatley-
Hubbard, CFA
Portfolio Manager and
Member of BlackRocks Global
Equity Team
Investment Objective BlackRock Global Equity Income Fund seeks an above
average income from its equity investments without
sacricing long term capital growth. The Fund invests
globally at least 70% of its total assets in the equity
securities of companies domiciled in, or exercising the
predominant part of their economic activity in, developed
markets. This Fund distributes income gross of expenses.
Benchmark MSCI AC World Index (Net)
Base Currency USD Additional
Currencies
AUD, EUR, GBP, HKD,
PLN, SGD, USD
Mode of Subscription Cash only
Initial Charge Up to 5%
Annual Management Fee 1.50% p.a.

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