About MAGCX
BlackRock Advantage Global Fund, Inc. Institutional Shares is a globally diversified mutual fund within the world large-stock blend category. Its primary function is to seek long-term capital appreciation by investing predominantly in equity securities spanning both U.S. and international markets. The fund leverages BlackRock’s technology-driven investment process, incorporating quantitative models and a disciplined risk framework to construct a low-cost portfolio that aims to outperform broad global benchmarks such as the MSCI All Country World Index.
Notable features include substantial exposure to prominent technology and financial companies, with major holdings in firms like Apple, Microsoft, NVIDIA, Alphabet, and Amazon. The fund typically holds around 280 securities, spreading its assets across multiple sectors, including information technology, financials, energy, consumer discretionary, and healthcare. Its institutional share class targets large-scale investors and maintains a competitive net expense ratio of 0.71%, with a minimum investment requirement of $2 million. By offering broad geographic and sector diversification, BlackRock Advantage Global Fund, Inc. Institutional Shares plays a significant role for institutions seeking global equity exposure and long-term growth opportunities in developed and emerging markets.
Fund Family BlackRock
Category World Large-Stock Blend
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MAGCX
Index MSCI AC World NR USD
MAGCX had a total return of 28.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.33%.
