N-Q 1 globalgrowthfinal.htm BR GLOBAL GROWTH FUND, INC. November Quarterly NQ -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-08327

Name of Fund: BlackRock Global Growth Fund, Inc.

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock Global Growth Fund,
Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ,
08543-9011

Registrant’s telephone number, including area code: (800) 441-7762

Date of fiscal year end: 08/31/2008

Date of reporting period: 09/01/2008 – 11/30/2008

Item 1 – Schedule of Investments


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
Australia - 1.4%                 
Metals & Mining - 0.7%    BHP Billiton Ltd.        154,200    $ 2,913,913 
Oil, Gas & Consumable Fuels - 0.7%    Santos Ltd.        283,000    2,821,335 
    Total Common Stocks in Australia        5,735,248 
Belgium - 1.0%                 
Diversified Telecommunication    Belgacom SA        106,200    3,849,611 
Services - 1.0%                 
    Total Common Stocks in Belgium        3,849,611 
Bermuda - 0.5%                 
Health Care Equipment &    Covidien Ltd.        55,800    2,056,230 
Supplies - 0.5%                 
    Total Common Stocks in Bermuda        2,056,230 
Brazil - 2.0%                 
Commercial Banks - 1.4%    Banco Bradesco SA (a)        403,400    4,292,176 
    Banco Industrial e Comercial SA (Preference         
    Shares)        182,100    157,257 
    Banco Itau Holding Financeira SA (a)    31,200    361,296 
    Uniao de Bancos Brasileiros SA (a)    13,000    833,170 
                5,643,899 
Diversified Financial Services - 0.1%    BM&F Bovespa SA        132,700    295,086 
Oil, Gas & Consumable Fuels - 0.5%    Petroleo Brasileiro SA (a)        93,900    1,966,266 
    Total Common Stocks in Brazil            7,905,251 
Canada - 5.8%                 
Commercial Banks - 0.5%    Royal Bank of Canada        29,800    961,135 
    The Toronto-Dominion Bank        29,600    1,041,084 
                2,002,219 
Communications Equipment - 0.2%    Research In Motion Ltd. (b)        18,800    798,436 
Food & Staples Retailing - 0.5%    Shoppers Drug Mart Corp.        54,100    1,929,401 
Metals & Mining - 2.7%    Barrick Gold Corp.        125,900    3,706,345 
    Goldcorp, Inc.        149,600    4,043,374 
    Kinross Gold Corp.        205,300    3,027,687 
                10,777,406 
Oil, Gas & Consumable Fuels - 1.9%    Canadian Natural Resources Ltd.        29,600    1,221,281 
    EnCana Corp.        49,200    2,307,267 
    Imperial Oil Ltd.        52,400    1,770,327 
    Ultra Petroleum Corp. (b)        54,700    2,222,461 
                7,521,336 
    Total Common Stocks in Canada            23,028,798 
China - 1.0%                 
Internet Software & Services - 0.7%    Sina Corp. (a)(b)        90,600    2,799,540 
Wireless Telecommunication Services -    China Unicom Ltd.        996,000    1,230,639 
0.3%                 
    Total Common Stocks in China            4,030,179 
Finland - 0.7%                 
Food & Staples Retailing - 0.7%    Kesko Oyj Class B        113,900    2,795,810 
    Total Common Stocks in Finland            2,795,810 

1


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
France - 3.1%                 
Commercial Banks - 0.3%    BNP Paribas SA        9,900    $ 548,612 
    Societe Generale SA        16,100    690,195 
                1,238,807 
Diversified Telecommunication    France Telecom SA        105,400    2,711,443 
Services - 0.7%                 
Electrical Equipment - 0.4%    Nexans SA        27,800    1,645,965 
Media - 0.4%    Vivendi SA        53,900    1,530,849 
Multiline Retail - 0.2%    Pinault-Printemps-Redoute        22,200    1,058,593 
Oil, Gas & Consumable Fuels - 0.8%    Total SA        60,900    3,199,556 
Real Estate Investment Trusts    Mercialys SA        6,800    212,774 
(REITs) - 0.3%    Societe Immobiliere de Location pour L'Industrie         
    et le Commerce        4,600    387,915 
    Unibail - Rodamco        3,000    403,137 
                1,003,826 
    Total Common Stocks in France            12,389,039 
Germany - 3.9%                 
Chemicals - 0.5%    Linde AG        27,000    1,970,054 
Diversified Financial Services - 0.3%    Deutsche Boerse AG        18,300    1,307,126 
Health Care Providers &    Fresenius Medical Care AG        67,500    2,939,816 
Services - 0.7%                 
Insurance - 0.4%    Allianz AG Registered Shares        7,900    654,511 
    Muenchener Rueckversicherungs AG         
    Registered Shares        7,900    1,073,554 
                1,728,065 
Machinery - 0.4%    MAN AG        33,700    1,526,388 
Metals & Mining - 1.0%    Salzgitter AG        57,200    3,949,038 
Textiles, Apparel & Luxury    Adidas-Salomon AG        70,300    2,184,678 
Goods - 0.6%                 
    Total Common Stocks in Germany        15,605,165 
Hong Kong - 2.5%                 
Commercial Banks - 1.6%    China Construction Bank Class H        5,410,000    2,874,138 
    Industrial & Commercial Bank of China    429,000    404,487 
    (Asia) Ltd.             
    Industrial & Commercial Bank of China Ltd.    6,319,000    3,119,384 
                6,398,009 
Construction & Engineering - 0.3%    China Railway Construction Corp. (b)    942,500    1,279,525 
Hotels, Restaurants & Leisure - 0.1%    The Hongkong and Shanghai Hotels, Ltd.    711,000    521,127 
Real Estate Management &    New World Development Ltd.        855,000    680,092 
Development - 0.2%                 
Wireless Telecommunication    China Mobile Ltd.        133,900    1,229,687 
Services - 0.3%                 
    Total Common Stocks in Hong Kong        10,108,440 
India - 0.7%                 
Wireless Telecommunication    Bharti Tele-Ventures Ltd. (b)        213,600    2,888,959 
Services - 0.7%                 
    Total Common Stocks in India            2,888,959 

2


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
Israel - 0.5%                 
Pharmaceuticals - 0.5%    Teva Pharmaceutical Industries Ltd. (a)    47,800    $ 2,062,570 
    Total Common Stocks in Israel            2,062,570 
Italy - 0.9%                 
Commercial Banks - 0.2%    Credito Emiliano SpA        95,500    494,567 
    Intesa Sanpaolo SpA        36,100    108,733 
                603,300 
Oil, Gas & Consumable Fuels - 0.7%    Eni SpA        126,600    2,873,517 
    Total Common Stocks in Italy            3,476,817 
Japan - 7.7%                 
Air Freight & Logistics - 0.8%    Yamato Transport Co., Ltd.        229,000    2,988,729 
Automobiles - 0.3%    Daihatsu Motor Co., Ltd.        176,000    1,276,849 
Chemicals - 0.5%    Shin-Etsu Chemical Co., Ltd.        45,900    1,756,133 
Commercial Banks - 0.5%    The Gunma Bank Ltd.        234,000    1,374,410 
    Mizuho Financial Group, Inc.        250    663,750 
                2,038,160 
Diversified Consumer Services - 0.8%    Benesse Corp.        79,800    3,373,521 
Electrical Equipment - 0.6%    Mitsubishi Electric Corp.        458,600    2,475,935 
Food Products - 0.5%    Toyo Suisan Kaisha, Ltd.        80,000    1,869,551 
Machinery - 1.6%    Amada Co., Ltd.        434,000    2,001,719 
    Hino Motors Ltd.        663,000    1,381,507 
    Kurita Water Industries Ltd.        125,800    2,983,978 
                6,367,204 
Metals & Mining - 0.5%    Sumitomo Metal Mining Co., Ltd.        227,000    2,156,279 
Software - 1.1%    Nintendo Co., Ltd.        14,700    4,570,051 
Trading Companies &    Itochu Corp.        368,700    1,871,234 
Distributors - 0.5%                 
    Total Common Stocks in Japan            30,743,646 
Malaysia - 0.3%                 
Commercial Banks - 0.1%    Alliance Financial Group Bhd        381,200    202,717 
Wireless Telecommunication Services -    TM International Bhd (b)        745,600    780,393 
0.2%                 
    Total Common Stocks in Malaysia        983,110 
Mexico - 0.5%                 
Beverages - 0.5%    Fomento Economico Mexicano, SA de CV (a)    74,200    2,041,242 
    Total Common Stocks in Mexico            2,041,242 
Netherlands - 0.1%                 
Beverages - 0.0%    Heineken Holding NV        7,700    200,064 
Real Estate Investment Trusts (REITs) -    Corio NV        12,000    548,170 
0.1%                 
    Total Common Stocks in the Netherlands        748,234 
Norway - 0.8%                 
Metals & Mining - 0.8%    Norsk Hydro ASA        853,600    3,112,629 
    Total Common Stocks in Norway        3,112,629 
Singapore - 1.3%                 
Airlines - 0.5%    Singapore Airlines Ltd.        289,000    2,001,857 
Commercial Banks - 0.5%    United Overseas Bank Ltd.        253,000    2,223,759 

3


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
Food Products - 0.3%    Wilmar International Ltd.        599,500    $ 1,112,486 
    Total Common Stocks in Singapore        5,338,102 
South Africa - 0.8%                 
Media - 0.8%    Naspers Ltd.        218,700    3,372,379 
    Total Common Stocks in South Africa        3,372,379 
South Korea - 1.1%                 
Household Durables - 0.3%    LG Electronics, Inc.        22,894    1,225,922 
Semiconductors & Semiconductor    Samsung Electronics Co., Ltd.        10,009    3,315,048 
Equipment - 0.8%                 
    Total Common Stocks in South Korea        4,540,970 
Spain - 0.9%                 
Commercial Banks - 0.5%    Banco Bilbao Vizcaya Argentaria SA    89,300    926,826 
    Banco Santander SA        155,200    1,275,265 
                2,202,091 
Specialty Retail - 0.4%    Inditex SA        50,000    1,679,852 
    Total Common Stocks in Spain            3,881,943 
Sweden - 0.3%                 
Commercial Banks - 0.3%    Nordea Bank AB        168,400    1,212,613 
    Total Common Stocks in Sweden        1,212,613 
Switzerland - 2.8%                 
Capital Markets - 0.8%    Credit Suisse Group AG        22,500    659,429 
    Julius Baer Holding AG Class B        46,900    1,539,270 
    UBS AG (b)        61,400    767,090 
                2,965,789 
Food Products - 0.7%    Nestle SA Registered Shares        77,500    2,806,880 
Insurance - 0.4%    ACE Ltd.        29,500    1,541,375 
Pharmaceuticals - 0.9%    Roche Holding AG        27,000    3,782,548 
    Total Common Stocks in Switzerland        11,096,592 
Taiwan - 2.7%                 
Computers & Peripherals - 0.9%    Asustek Computer, Inc.        1,547,000    1,773,734 
    HTC Corp.        176,000    1,752,290 
                3,526,024 
Electronic Equipment & Instruments -    HON HAI Precision Industry Co., Ltd.    788,000    1,534,124 
0.4%                 
Semiconductors & Semiconductor    Taiwan Semiconductor Manufacturing Co.,         
Equipment - 0.6%    Ltd. (a)        327,700    2,343,055 
Wireless Telecommunication    Taiwan Cellular Corp.        2,101,000    3,126,991 
Services - 0.8%                 
    Total Common Stocks in Taiwan            10,530,194 
Thailand - 0.3%                 
Commercial Banks - 0.3%    Bangkok Bank Pcl        676,900    1,261,757 
    Total Common Stocks in Thailand        1,261,757 
United Kingdom - 5.5%                 
Capital Markets - 0.2%    Man Group Plc        228,300    889,063 
Commercial Banks - 1.2%    Barclays Plc        232,700    617,066 
    HSBC Holdings Plc        288,500    3,147,373 

4


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
    Standard Chartered Plc        60,900    $ 916,623 
                4,681,062 
Food Products - 0.5%    Unilever Plc        93,000    2,135,447 
Insurance - 0.2%    Prudential Plc        134,200    703,539 
Machinery - 0.3%    Charter International Plc        297,200    1,400,938 
Media - 0.4%    WPP Plc        252,500    1,409,585 
Oil, Gas & Consumable Fuels - 1.1%    BG Group Plc        127,300    1,816,749 
    Royal Dutch Shell Plc Class B        96,800    2,541,711 
                4,358,460 
Pharmaceuticals - 0.5%    AstraZeneca Plc        54,800    2,066,282 
Road & Rail - 0.4%    Arriva Plc        162,100    1,598,853 
Tobacco - 0.7%    Imperial Tobacco Group Plc        105,100    2,623,786 
    Total Common Stocks in the United Kingdom        21,867,015 
United States - 46.0%                 
Air Freight & Logistics - 0.5%    FedEx Corp.        29,000    2,048,850 
Airlines - 1.2%    Delta Air Lines, Inc. (b)        272,100    2,397,201 
    JetBlue Airways Corp. (b)(c)        445,300    2,333,372 
                4,730,573 
Biotechnology - 3.9%    Amgen, Inc. (b)        138,500    7,692,290 
    Genentech, Inc. (b)        75,400    5,775,640 
    Genzyme Corp. (b)        36,800    2,355,936 
                15,823,866 
Capital Markets - 0.9%    The Charles Schwab Corp.        87,500    1,603,875 
    Northern Trust Corp.        17,300    793,897 
    T. Rowe Price Group, Inc.        36,500    1,248,665 
                3,646,437 
Chemicals - 0.4%    The Dow Chemical Co.        86,200    1,599,010 
Commercial Banks - 3.2%    BB&T Corp. (c)        108,600    3,254,742 
    Commerce Bancshares, Inc.        32,800    1,436,968 
    KeyCorp        98,100    920,178 
    Regions Financial Corp.        105,000    1,069,950 
    SunTrust Banks, Inc.        46,800    1,484,964 
    U.S. Bancorp        43,500    1,173,630 
    UMB Financial Corp.        37,800    1,807,218 
    Wells Fargo & Co.        61,200    1,768,068 
                12,915,718 
Communications Equipment - 1.1%    Cisco Systems, Inc. (b)        125,300    2,072,462 
    QUALCOMM, Inc.        70,400    2,363,328 
                4,435,790 
Computers & Peripherals - 1.0%    Hewlett-Packard Co.        56,600    1,996,848 
    International Business Machines Corp.    26,500    2,162,400 
                4,159,248 
Construction & Engineering - 1.1%    Fluor Corp.        46,700    2,126,718 
    Jacobs Engineering Group, Inc. (b)    48,700    2,180,299 
                4,307,017 
Containers & Packaging - 0.5%    Pactiv Corp. (b)        79,700    1,991,703 
Diversified Financial Services - 2.3%    Bank of America Corp.        93,800    1,524,250 

5


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
    Citigroup, Inc.        185,000    $ 1,533,650 
    IntercontinentalExchange, Inc. (b)    27,800    2,046,080 
    JPMorgan Chase & Co.        70,800    2,241,528 
    The NASDAQ Stock Market, Inc. (b)    78,300    1,683,450 
                9,028,958 
Electric Utilities - 0.5%    FPL Group, Inc.        40,700    1,984,532 
Electrical Equipment - 0.3%    GrafTech International Ltd. (b)        153,200    1,024,908 
Food & Staples Retailing - 0.6%    Wal-Mart Stores, Inc.        45,100    2,520,188 
Food Products - 2.3%    Campbell Soup Co.        63,500    2,035,175 
    The J.M. Smucker Co.        47,700    2,164,149 
    Ralcorp Holdings, Inc. (b)        34,500    2,158,320 
    TreeHouse Foods, Inc. (b)        116,700    2,776,293 
                9,133,937 
Health Care Equipment &    Becton Dickinson & Co.        31,400    1,994,842 
Supplies - 1.2%    Medtronic, Inc.        86,500    2,639,980 
                4,634,822 
Health Care Providers &    Medco Health Solutions, Inc. (b)        60,700    2,549,400 
Services - 0.6%                 
Hotels, Restaurants & Leisure - 0.9%    McDonald's Corp.        31,600    1,856,500 
    Yum! Brands, Inc.        71,300    1,920,822 
                3,777,322 
Household Products - 1.0%    The Procter & Gamble Co.        59,700    3,841,695 
Industrial Conglomerates - 0.7%    General Electric Co.        173,700    2,982,429 
Insurance - 1.7%    AON Corp.        71,700    3,248,010 
    Reinsurance Group of America, Inc.    26,900    1,092,140 
    The Travelers Cos., Inc.        54,100    2,361,465 
                6,701,615 
Internet Software & Services - 0.6%    eBay, Inc. (b)        176,000    2,310,880 
Machinery - 0.4%    Cummins, Inc.        65,300    1,670,374 
Media - 0.7%    Walt Disney Co.        118,500    2,668,620 
Metals & Mining - 2.3%    Alcoa, Inc.        268,300    2,886,908 
    Freeport-McMoRan Copper & Gold, Inc. Class B    88,100    2,113,519 
    Nucor Corp.        115,700    4,128,176 
                9,128,603 
Multi-Utilities - 0.5%    Public Service Enterprise Group, Inc.    62,600    1,934,340 
Multiline Retail - 0.5%    Kohl's Corp. (b)        56,600    1,848,556 
Oil, Gas & Consumable Fuels - 8.2%    Anadarko Petroleum Corp.        66,500    2,729,825 
    Apache Corp.        31,000    2,396,300 
    Consol Energy, Inc.        85,700    2,482,729 
    Devon Energy Corp.        25,800    1,866,372 
    EOG Resources, Inc.        47,800    4,063,956 
    Exxon Mobil Corp.        61,700    4,945,255 
    Noble Energy, Inc.        32,900    1,720,012 
    Occidental Petroleum Corp.        75,200    4,071,328 
    Peabody Energy Corp.        85,400    2,000,922 
    PetroHawk Energy Corp. (b)        119,400    2,085,918 
    Range Resources Corp.        40,600    1,683,682 

6


BlackRock Global Growth Fund, Inc.             
Schedule of Investments November 30, 2008 (Unaudited)    (Percentages shown are based on Net Assets) 
Industry    Common Stocks        Shares    Value 
    XTO Energy, Inc.        74,700    $ 2,856,528 
                32,902,827 
Pharmaceuticals - 1.4%    Pfizer, Inc.        190,200    3,124,986 
    Wyeth        65,500    2,358,655 
                5,483,641 
Professional Services - 0.4%    FTI Consulting, Inc. (b)        25,700    1,409,388 
Real Estate Investment Trusts    AvalonBay Communities, Inc.        35,800    2,171,986 
(REITs) - 0.7%    Boston Properties, Inc.        14,700    784,980 
                2,956,966 
Road & Rail - 0.4%    Con-way, Inc.        58,400    1,633,448 
Semiconductors & Semiconductor    Analog Devices, Inc.        111,700    1,910,070 
Equipment - 1.1%    Intel Corp.        174,100    2,402,580 
                4,312,650 
Software - 0.9%    Microsoft Corp.        114,600    2,317,212 
    Oracle Corp. (b)        88,000    1,415,920 
                3,733,132 
Textiles, Apparel & Luxury    Nike, Inc. Class B        81,800    4,355,850 
Goods - 1.1%                 
Thrifts & Mortgage Finance - 0.7%    Hudson City Bancorp, Inc.        92,800    1,550,688 
    People's United Financial, Inc.        72,200    1,376,854 
                2,927,542 
Wireless Telecommunication    NII Holdings, Inc. (b)        47,600    925,344 
Services - 0.2%                 
    Total Common Stocks in the United States        184,040,179 
    Total Long-Term Investments             
    (Cost - $394,678,922) - 95.1%            380,702,722 
            Beneficial     
            Interest     
    Short-Term Securities        (000)     
    BlackRock Liquidity Series, LLC             
    Cash Sweep Series, 1.64% (d)(e)        $ 26,282    26,281,735 
    BlackRock Liquidity Series, LLC             
    Money Market Series, 1.83% (d)(e)(f)    3,938    3,937,500 
    Total Short-Term Securities             
    (Cost - $30,219,235) - 7.5%            30,219,235 
    Total Investments             
    (Cost - $424,898,157*) - 102.6%        410,921,957 
    Liabilities in Excess of Other Assets - (2.6)%        (10,438,877) 
    Net Assets - 100.0%            $ 400,483,080 

* The cost and unrealized appreciation (depreciation) of investments as of
November 30, 2008, as computed for federal income tax purposes, were as follows:

       Aggregate cost    $ 424,125,169 
       Gross unrealized appreciation    $ 22,532,336 
       Gross unrealized depreciation    (35,735,548) 
       Net unrealized depreciation    $ (13,203,212) 
 
(a) Depositary receipts.     

7


BlackRock Global Growth Fund, Inc.

Schedule of Investments November 30, 2008 (Unaudited)

(b)      Non-income producing security.
 
(c)      Security, or a portion of security, is on loan.
 
(d)      Investments in companies considered to be an affiliate of the Fund, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, were as follows:
 
    Net     
Affiliate    Activity    Income 
BlackRock Liquidity Series, LLC         
   Cash Sweep Series    $ 8,619,331    $ 82,213 
BlackRock Liquidity Series, LLC         
   Money Market Series    $ (24,815,050)    $ 12,869 

(e)      Represents the current yield as of report date.
 
(f)      Security was purchased with the cash proceeds from securities loans.
 
  • For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report which may combine industry sub-classifications for reporting ease.
  • Foreign currency exchange contracts as of November 30, 2008 were as follows:
                Unrealized 
Currency    Currency    Settlement    Appreciation 
Purchased        Sold    Date    (Depreciation) 
EUR 10,020,000    USD    12,744,438    1/21/09    $ (19,788) 
GBP 7,760,000    USD    11,906,944    1/21/09    32,620 
JPY 1,105,000    USD    11,607,996    1/21/09    (15,601) 
Total                $ (2,769) 

  • Currency Abbreviations: EUR Euro GBP British Pound JPY Japanese Yen USD U.S. Dollar

8


BlackRock Global Growth Fund, Inc.

Schedule of Investments November 30, 2008 (Unaudited)

  • Effective September 1, 2008, the Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, "Fair Value Measurements" ("FAS 157"). FAS 157 clarifies the definition of fair value, establishes a framework for measuring fair values and requires additional disclosures about the use of fair value measurements. Various inputs are used in determining the fair value of investments, which are follows:
     
     
  • Level 1 - price quotations in active markets/exchanges for identical securities
     
     
  • Level 2 - other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, and default rates) or other market-corroborated inputs)
     
     
  • Level 3 - unobservable inputs based on the best information available in the circumstance, to the extent observable inputs are not available (including the Fund's own assumption used in determining the fair value of investments)
     
      The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For information about the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent financial statements as contained in its annual report.
     

    The following table summarizes the inputs used as of
    November 30, 2008 in determining the fair valuation of
    the Fund's investments:

    Valuation    Investments in 
    Inputs    Securities 
    Level 1    $ 245,740,966 
    Level 2    165,180,991 
    Level 3    - 
    Total    $ 410,921,957 

    9


    Item 2 – Controls and Procedures

    2(a) – The registrant’s principal executive and principal financial officers or persons performing similar functions
    have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under
    the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90
    days of the filing of this report based on the evaluation of these controls and procedures required by Rule
    30a-3(b) under the 1940 Act and Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended.

    2(b) – There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-
    3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially
    affected, or are reasonably likely to materially affect, the registrant’s internal control over financial
    reporting.

    Item 3 – Exhibits

    Certifications – Attached hereto

    Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of
    1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
    authorized.

    BlackRock Global Growth Fund, Inc.

    By: /s/ Donald C. Burke
    Donald C. Burke
    Chief Executive Officer of
    BlackRock Global Growth Fund, Inc.

    Date: January 20, 2009

    Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of
    1940, this report has been signed below by the following persons on behalf of the registrant and in the
    capacities and on the dates indicated.

    By: /s/ Donald C. Burke
    Donald C. Burke
    Chief Executive Officer (principal executive officer) of
    BlackRock Global Growth Fund, Inc.

    Date: January 20, 2009

    By: /s/ Neal J. Andrews
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock Global Growth Fund, Inc.

    Date: January 20, 2009