BlackRock Unconstrained Equity Fund

Frequently Asked Questions About MDEGX

What does MDEGX invest in?

This fund aims to achieve its financial targets through an actively managed strategy, investing in a variety of equity instruments from around the world. Its definition of equity securities is broad, including common and preferred shares, convertible debt instruments, warrants, depositary receipts, and other financial tools whose value is linked to ordinary stock prices. Under typical market conditions, the fund commits at least 80% of its total assets to these equities and equity-related holdings. It's important to note that this portfolio is structured as non-diversified.

What is the expense ratio of MDEGX?

BlackRock Unconstrained Equity Fund (MDEGX) charges an expense ratio of 1.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MDEGX?

BlackRock Unconstrained Equity Fund (MDEGX) manages $905.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MDEGX actively managed or an index fund?

MDEGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MDEGX's is 1.19%) in exchange for the discretion to over- or under-weight positions.

When was MDEGX launched?

BlackRock Unconstrained Equity Fund (MDEGX) launched in November 2005 and is managed by BlackRock.

How has MDEGX performed?

MDEGX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.