BGF Fixed Income Global Opportunities Fund

Fixed Income

BGF Fixed Income Global Opportunities Fund

Overview

Investment Approach

The Fund aims to achieve a return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests primarily in fixed income securities (such as bonds) on a global basis and money-market instruments (i.e. debt securities with short term maturities). The fixed income securities and money-market instruments may be issued by governments, government agencies, companies and supranationals.

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

-2.70 4.69 2.95 1.12 -2.07
  1y 3y 5y 10y Incept.
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

-2.07 0.64 0.76 - 1.37
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

-6.23 -6.99 -6.23 -2.07 1.95 3.84 - 8.98

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 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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Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. The value of the investments may go up or down and the investor may not get back the amount invested. Performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees.
  2015 2016 2017 2018 2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. -1.00 2.53 4.06 -1.22 7.06

Distributions

Record Date Ex-Date Payable Date
View full table
Record Date Ex-Date Payable Date Total Distribution

Key Facts

Key Facts

Size of Fund (Millions) as of 08-Apr-2020 USD 9,486.497
12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. as of 31-Mar-2020 2.69
Number of Holdings The number of holdings in the fund excluding cash positions and derivatives exposures. Derivatives are contracts used by the fund to gain exposure to an investment without buying it directly. They can be used in a number of ways. For example a 'currency forward' derivative contract can be used to 'hedge' or aim to mitigate the effects of changes in exchange rates. as of 31-Mar-2020 3623
Base Currency USD
Fund Launch Date 31-Jan-2007
Share Class launch date 11-Dec-2013
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - USD Hedged
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures Ongoing Charges Figure (OCF)- this is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and other expenses such as trustee, custody, transaction and registration fees and other operating expenses. The total cost for the fund is divided by the fund’s total assets and expressed as a percentage which represents the OCF. 1.22%
ISIN LU1003076939
Bloomberg Ticker BGFGA3U
Annual Management Fee As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs. 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BH65TV1
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 Distributing

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 12-Mar-2019)
Ratings Report

Holdings

Holdings

as of 31-Mar-2020
Name Weight (%)
UMBS 30YR TBA(REG A) 10.38
TREASURY (CPI) NOTE 0.5 04/15/2024 4.47
TREASURY NOTE 1.5 08/31/2021 1.66
TREASURY (CPI) NOTE 0.125 10/15/2024 1.13
TREASURY NOTE 1.5 09/30/2021 1.10
Name Weight (%)
INDIA (REPUBLIC OF) 7.26 01/14/2029 0.89
TREASURY NOTE 1.5 02/15/2030 0.63
TREASURY NOTE 1.75 11/15/2029 0.55
TREASURY (CPI) NOTE 0.625 04/15/2023 0.52
TREASURY NOTE 1.625 08/15/2029 0.50
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Mar-2020

% of Market Value

Type Fund
as of 31-Mar-2020

% of Market Value

Type Fund
Negative weightings may result from specific circumstances (including timing differences between trade and settlement 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.
as of 31-Mar-2020

% of Market Value

Type Fund
Allocations subject to change.
as of 31-Mar-2020

% of Market Value

Type Fund
as of 31-Mar-2020

% of Market Value

Type Fund
as of 31-Mar-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 A3 USD Monthly 9.84 0.14 1.44 10.32 9.29 - LU1003076939 - -
Class D5 USD Quarterly 10.33 0.15 1.47 10.86 9.74 - LU0737136415 - -
Class A1 EUR Daily 9.05 0.16 1.80 9.56 8.59 - LU1005244220 - -
Class D4 Hedged GBP Annual 4.59 0.06 1.32 4.88 4.34 - LU1294567364 - -
Class AI2 EUR - 10.49 0.18 1.75 11.06 9.95 - LU1960221981 - -
Class D4 EUR Annual 12.25 0.21 1.74 12.90 11.62 - LU1085283973 - -
Class AI2 Hedged EUR - 9.83 0.14 1.44 10.34 9.28 - LU1960221809 - -
Class A5 Hedged EUR Quarterly 6.57 0.10 1.55 6.95 6.20 - LU0280467159 - -
Class D2 Hedged GBP None 11.01 0.15 1.38 11.59 10.41 - LU0278463947 - -
Class A2 Hedged GBP None 10.15 0.14 1.40 10.69 9.60 - LU1181257202 - -
Class A2 EUR None 13.21 0.23 1.77 13.93 12.53 - LU1005243255 - -
Class D4 Hedged EUR Annual 9.08 0.12 1.34 9.69 8.58 - LU1340096590 - -
Class A1 USD Daily 9.85 0.14 1.44 10.32 9.29 - LU1003076855 - -
Class A6 USD Monthly 11.72 0.17 1.47 12.33 11.09 - LU1051767835 - -
Class A5 USD Quarterly 9.83 0.14 1.44 10.33 9.27 - LU0280465617 - -
Class A3 EUR Monthly 9.04 0.15 1.69 9.56 8.59 - LU1005243339 - -
Class A2 USD None 14.38 0.21 1.48 15.03 13.55 - LU0278466700 - -
Class D2 USD None 14.90 0.21 1.43 15.57 14.05 - LU0278469043 - -
Class D2 Hedged EUR None 10.25 0.15 1.49 10.78 9.68 - LU0278456651 - -
Class D5 Hedged EUR Quarterly 6.58 0.09 1.39 6.96 6.21 - LU0827879841 - -
Class A2 Hedged EUR None 9.64 0.14 1.47 10.14 9.11 - LU0278453476 - -
Class D2 EUR None 13.70 0.24 1.78 14.43 12.98 - LU1005243503 - -
Class A4 USD Annual 9.82 0.14 1.45 10.26 9.25 - LU1153584997 - -
Class A4 Hedged EUR Annual 9.06 0.13 1.46 9.66 8.56 - LU0973708182 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Rick Rieder
Bob Miller
Bob Miller
Aidan Doyle (FI)
Aidan Doyle (FI)

Literature

Literature