Fixed Income

BlackRock Global Absolute Return 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
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

-0.77 2.76 2.78 0.40 -2.08
  1y 3y 5y 10y Incept.
-2.08 0.35 0.60 - 0.63
  YTD 1m 3m 1y 3y 5y 10y Incept.
-4.58 -4.44 -4.58 -2.08 1.05 3.04 - 4.15

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 USD, hedged fund benchmark performance is displayed in EUR.

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

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Reinvestments

This product does not have any distributions data as of now.

Key Facts

Key Facts

Size of Fund (Millions) as of 03-Apr-2020 EUR 182.304
Base Currency EUR
Fund Launch Date 25-May-2012
Share Class launch date 02-Oct-2013
Asset Class Fixed Income
Morningstar Category Alt - Long/Short Credit
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0972010309
Bloomberg Ticker BRGAA2U
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BDZDGW8
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Risk Indicator

Risk Indicator

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

Ratings

Holdings

Holdings

as of 28-Feb-2020
Name Weight (%)
GNMA2 30YR TBA(REG C) 3.54
UMBS 30YR TBA(REG A) 2.98
ISH CORE EUR CORP BND ETF EUR DIST 2.05
ISH EUR HY CRP BND ETF EUR DIST 1.76
ITALY (REPUBLIC OF) 1.75 07/01/2024 1.48
Name Weight (%)
ITALY (REPUBLIC OF) 1.3 05/15/2028 1.28
CLMT_16-CLNE A 144A 1.19
UNITED KINGDOM (GOVERNMENT OF) 0.125 08/10/2028 1.15
TREASURY (CPI) NOTE 0.875 01/15/2029 1.09
DEXIA CREDIT LOCAL SA MTN RegS 1.125 06/15/2022 0.98
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Feb-2020

% of Market Value

Type Fund
as of 28-Feb-2020

% of Market Value

Type Fund
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 A2 Hedged USD None 104.30 1.51 1.47 109.65 100.29 - LU0972010309 - -
Class D2 EUR None 100.54 1.44 1.45 106.20 96.88 - LU0802639707 - -
Class A2 EUR None 96.85 1.39 1.46 102.40 93.34 - LU0783530669 - -

Portfolio Managers

Portfolio Managers

Ian Winship
Ian Winship
Simon Blundell

Managing Director, is Head of Sterling Bond Portfolios within BlackRock's Fundamental Fixed Income.

 

Prior to joining BlackRock in 2011, Mr. Blundell was Head of Institutional Credit Portfolio Management at Aviva Investors where he oversaw 9 billion in assets across Euro, Sterling, and Global credit and aggregate products. Prior to joining Aviva in 2009, Mr. Blundell spent 10 years at ABN AMRO Asset Management (later acquired by Fortis Investments where he stayed on for a year), most recently as Head of Credit. He previously held positions at HSBC Asset Management and Morgan Grenfell Asset Management.

Literature

Literature