Fixed Income

BGF Global Government Bond Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.


Important Information:
Investors must read the Prospectus for any fund in which they wish to invest. Please contact us at the BlackRock Advisors UK Limited-Dubai Branch for the relevant Prospectus.
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Performance

Performance

  • Returns

  From
30-Jun-2014
To
30-Jun-2015
From
30-Jun-2015
To
30-Jun-2016
From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 30-Jun-2019

1.51 6.48 -2.95 -1.86 3.75
Benchmark (%) Index: FTSE WGBI Index 100% Hedged in USD<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 30-Jun-2019

3.54 8.84 -2.00 2.12 7.82

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged fund 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

Chart

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 21-Aug-2019 USD 723.084
Base Currency USD
Fund Launch Date 14-May-1987
Share Class launch date 02-Jun-2003
Asset Class Fixed Income
Morningstar Category Global Bond - EUR Hedged
Benchmark Index FTSE WGBI Index 100% Hedged in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0297943168
Bloomberg Ticker MISGSHG
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B43LQ54
Bloomberg Benchmark Ticker SBWGC
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Modified Duration as of 31-Jul-2019 9.11
3y Volatility - Benchmark as of 30-Jun-2019 2.79
5y Volatility - Benchmark as of 31-Jul-2019 3.01
5y Beta as of 31-Jul-2019 0.901

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Government Bond Fund, Class A3 Hedged, as of 31-Jul-2019 rated against 410 Global Bond - EUR Hedged Funds.

Holdings

Holdings

as of 31-Jul-2019
Name Weight (%)
TREASURY (CPI) NOTE 0.5 04/15/2024 3.12
UMBS 30YR TBA(REG A) 3.10
INDIA (REPUBLIC OF) 7.17 01/08/2028 1.50
JAPAN (GOVERNMENT OF) 30YR #54 0.8 03/20/2047 1.45
JAPAN (GOVERNMENT OF) 20YR #130 1.8 09/20/2031 1.45
Name Weight (%)
JAPAN (GOVERNMENT OF) 10YR #318 1 09/20/2021 1.43
JAPAN (GOVERNMENT OF) 5YR #137 0.1 09/20/2023 1.27
FRANCE (REPUBLIC OF) 0 05/25/2021 1.14
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.19 04/11/2024 1.14
FRANCE (REPUBLIC OF) 0.5 05/25/2025 1.13
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class A3 Hedged EUR Monthly 19.26 0.00 0.00 19.32 17.75 - LU0297943168 - -
Class A3 USD Monthly 22.18 -0.01 -0.05 22.24 19.91 - LU0172412149 - -
Class D3 USD Monthly 22.21 -0.01 -0.05 22.27 19.94 - LU0827882043 - -
Class D2 USD None 32.39 -0.01 -0.03 32.48 28.77 - LU0540001038 - -
Class A2 Hedged EUR None 27.06 -0.01 -0.04 27.14 24.76 - LU0297942863 - -
Class A1 Hedged EUR Daily 19.42 0.00 0.00 19.48 17.90 - LU0297940495 - -
Class D3 Hedged EUR Monthly 19.28 -0.01 -0.05 19.34 17.77 - LU0827881821 - -
Class A1 USD Daily 22.14 -0.01 -0.05 22.20 19.88 - LU0118256485 - -
Class A2 USD None 31.37 0.00 0.00 31.45 27.95 - LU0006061385 - -
Class D2 Hedged EUR None 28.30 -0.01 -0.04 28.38 25.81 - LU0329591563 - -

Portfolio Managers

Portfolio Managers

Bob Miller
Bob Miller
Aidan Doyle (FI)
Aidan Doyle (FI)

Literature

Literature