This section includes investor type descriptions for professional clients and market counterparties.
Professional client
A Professional Client is either: (i) a ‘deemed’ professional client; (ii) serviced-based professional client; or (iii) an assessed professional Client
(i) Deemed Professional Client
A person is a “deemed” professional client if the person is:
(ii) Service-based Professional Clients
A person is a ‘serviced-based’ professional client if
(iii) Assessed-based Professional Clients
Assessed-based professional clients can be either (i) individuals; or (ii) undertakings
Individuals
An individual (and associated joint account holders) would be classified as an ‘assessed-based professional client’ if:
Where there is a joint account in place, the secondary account holder must obtain confirmation in writing that investment decisions relating to the joint account are made for or on behalf of the secondary account holder
Undertakings
Undertakings, which are generally not individuals, would be classified as ‘assessed-based’ professional clients if it:
Market counterparties
A Market Counterparty is any person who is either:
Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Asset backed securities and mortgage backed securities are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets. This Share Class may pay dividends or take charges from capital. While this may allow more income to be distributed, it may reduce the value of your holdings and impact the potential for long term capital growth. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company
To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.
Ex-Date | Total Distribution |
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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 5.5 | 0.5 | 1.0 | 1.6 | -0.9 | 6.5 | 5.1 | -1.8 | -13.2 | 3.2 |
Constraint Benchmark 1 (%) | 6.1 | 1.6 | 1.6 | 2.5 | 1.0 | 6.7 | 4.0 | -1.2 | -11.8 | 5.0 |
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) | 10.37 | -2.62 | -0.64 | 0.59 | 4.39 |
Constraint Benchmark 1 (%) | 12.32 | -1.20 | 0.05 | 1.44 | 5.77 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 4.09 | 1.06 | 4.49 | 5.37 | 10.37 | -7.65 | -3.15 | 6.06 | 438.30 |
Constraint Benchmark 1 (%) | 4.50 | 1.19 | 5.53 | 5.60 | 12.32 | -3.55 | 0.23 | 15.34 | 798.09 |
From 30-Sep-2019 To 30-Sep-2020 |
From 30-Sep-2020 To 30-Sep-2021 |
From 30-Sep-2021 To 30-Sep-2022 |
From 30-Sep-2022 To 30-Sep-2023 |
From 30-Sep-2023 To 30-Sep-2024 |
|
---|---|---|---|---|---|
Total Return (%)
as of 30-Sep-2024 |
5.37 | -0.46 | -14.86 | -1.73 | 10.37 |
Constraint Benchmark 1 (%)
as of 30-Sep-2024 |
4.48 | -0.53 | -13.98 | -0.17 | 12.32 |
The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past
Share Class and Benchmark performance displayed in USD, hedged share class benchmark performance is displayed in USD.
Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock
ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.
Name | Weight (%) |
---|---|
GNMA2 30YR | 41.28 |
FNMA 30YR UMBS | 21.90 |
FHLMC 30YR UMBS | 11.30 |
GNMA2 30YR TBA(REG C) | 10.31 |
FHLMC 30YR UMBS SUPER | 7.28 |
Name | Weight (%) |
---|---|
GNMA2 30YR 2020 PRODUCTION | 2.56 |
GNMA_21-191B BI | 1.04 |
GNMA2 30YR 2023 PRODUCTION | 0.58 |
FHMR_20-P003 A2 | 0.41 |
FNMA_17-76 PB | 0.29 |
Investor Class | Currency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
---|---|---|---|---|---|---|---|---|
Class A1 | USD | 7.57 | -0.03 | -0.39 | 11-Oct-2024 | 7.78 | 6.91 | LU0035308682 |
Class A2 | USD | 18.81 | -0.06 | -0.32 | 11-Oct-2024 | 19.28 | 16.63 | LU0096258446 |
Class D3 | USD | 7.60 | -0.02 | -0.26 | 11-Oct-2024 | 7.81 | 6.94 | LU0592702145 |
Class D2 | USD | 19.83 | -0.06 | -0.30 | 11-Oct-2024 | 20.33 | 17.48 | LU0424777026 |
Class A3 | USD | 7.58 | -0.02 | -0.26 | 11-Oct-2024 | 7.79 | 6.92 | LU0172418690 |
Class A2 Hedged | EUR | 10.35 | -0.03 | -0.29 | 11-Oct-2024 | 10.62 | 9.76 | LU2714841868 |