Investments

BGF Global Equity Income

Invest in a diversified and international portfolio with a potentially high return

The Fund aims to generate an above average level of income on your investment as well as maintain long term capital growth. The Fund invests globally at least 70% of its total assets in shares of companies domiciled in, or the main business of which is in, developed markets.



  • Fund launch date

    12 November 2010

  • Class Launch date

    13 Febuary 2013

  • Reference currency

    The reference currency is the Euro.

  • For an investor looking for:

    • a diversified and international portfolio.
    • an International share portfolio offering a potentially attractive dividend yield.

    But…

    The main risks for the Sub-Fund are:


    • Market risk: Stocks and/or financial instruments are impacted by various factors. These include, but are not limited to, the development of the financial market, the economic development of issuers of stocks and/or financial instruments who are themselves affected by the general world economic situation and the economic and political conditions in each country. This risk is viewed as medium.
    • Non-performance risk: The return realised during a specific period may be positive or negative, depending on the fund's investment strategy. The non-performance risk is strongly linked to the market risk.
    • Capital risk: No guarantee is provided as to the recovery of your initial investment.
    • Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.
    • Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily

    No guarantee is provided as to the recovery of your initial investment.

The net asset value is calculated in Belgium each bank working day. The net asset value is published every public banking business day in Belgium in the financial press, as well as on the BeAMA website (www.beama.be/en/nav). It is also available at the Management Company’s registered address and over the counter from your financial services provider.

A swing price may be applied. Swing pricing aims to reduce the dilution effect brought about when significant operations within a sub-fund compel its manager to buy or sell its underlying assets. These transactions give rise to transaction fees and taxes that have an effect on the fund’s value, as well as on all its investors. Where swing pricing is applied, the sub-fund’s net asset value is adjusted by a particular amount when the capital flow exceeds a certain threshold (the swing factor). This amount is designed to offset expected transaction fees resulting from the difference between incoming and outgoing capital. Swing pricing is only used on rare occasions, if at all.

Please refer to the BGF Global Equity Income prospectus (PDF) for additional information.

  • Minimum investment

    1 part


    Term

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    One-off charges

    • Entry charge (applicable by ING Belgium): 3%

    • Exit charge: 0%


    Ongoing charges

    • Ongoing charges taken from the Sub-Fund over a year : 1.81% of which 1.50 % of management fees.

    • Custody fee: 0%/annum

    For other charges that might be paid by the investor, we refer to the prospectus (PDF).


    Taxation

    Stock exchange tax (applicable to redemptions only):


    • Capitalization share: 1.32% (max 2,000 euros)

    • Distribution share: none


    Withholding tax on dividends:


    • Capitalization share: none

    • Distribution share: 30%


    Withholding tax in case of redemption:


    • Sub-fund permitted to invest more than 25% of assets in debt securities: no

    • Sub-fund actually more than 25% invested in debt securities: no

    • Withholding tax (30% depending on the investor’s particular tax situation): (not) applicable


    *Tax treaty based on the current legislation
    Dividends received from distributing shares are subject to the Belgian withholding tax of 30%. The Belgian withholding tax applicable to interests included in the repurchase price of accumulating and distributing shares investing more than 25% of their assets in any kind of debts amounts to 30%.
    This tax system applies to Retail customers – private individuals resident in Belgium. Taxation depends on the individual situation of each customer and may change in the future.

Financial Service Belgium: J.P. Morgan Chase Bank, Boulevard du Roi Albert II 1, B-1210 Bruxelles

Complaints can be lodged with ING – Customer Service – Cours Saint Michel, 60 – 1040 Brussels. If no settlement can be reached in this way, please contact the Banks - Credit - Investments Mediation Service (www.ombudsfin.be).

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