Fixed Income

BGF China 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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
View full table
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

3.95 5.94 0.16 3.81 13.03
  1Y 3Y 5Y 10y Incept.
13.03 5.53 5.29 - 4.74
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
8.25 0.40 6.27 13.03 17.52 29.42 - 50.90
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Oct 19, 2020 RMB 19,531.283
12m Trailing Yield -
Number of Holdings as of Sep 30, 2020 553
Base Currency China OffShore Renminbi
Fund Inception Date Nov 11, 2011
Share Class Inception Date Nov 11, 2011
Asset Class Fixed Income
Morningstar Category RMB Bond
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.00%
ISIN LU0679941327
Bloomberg Ticker BGRBA2U
Annual Management Fee 0.75%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B765RK6
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Sep 30, 2020 5.39%
Modified Duration as of Sep 30, 2020 4.02 yrs
Effective Duration as of Sep 30, 2020 3.43 yrs
Weighted Avg Maturity as of Sep 30, 2020 4.66 yrs
WAL to Worst as of Sep 30, 2020 4.66 yrs

Ratings

Ratings

Morningstar Rating

5
Overall Morningstar Rating for BGF China Bond Fund, Class A2, as of Jan 31, 2020 rated against 126 RMB Bond Funds.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
YINCHUAN TONGLIAN CAPITAL INVESTME RegS 4.45 06/10/2023 1.59
COASTAL EMERALD LTD RegS 4.3 12/31/2049 1.39
CCCI TREASURE LTD RegS 3.425 12/31/2049 1.29
OVERSEAS CHINESE TOWN (ASIA) HOLDI RegS 4.5 12/31/2049 1.20
GUANGXI FINANCIAL INVESTMENT GROUP RegS 5.75 01/23/2021 1.16
Name Weight (%)
CHENGDU COMMUNICATIONS INVESTMENT RegS 4.75 12/13/2027 1.11
SINO-OCEAN LAND TREASURE IV LTD RegS 4.75 08/05/2029 1.05
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.39 03/16/2050 0.97
CHINA DEVELOPMENT BANK 3 08/07/2023 0.87
HUANENG POWER INTERNATIONAL INC MTN 4.53 12/31/2049 0.86
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% of Market Value

Type Fund
Allocations subject to change.
as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 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
A2 USD Accumulating 15.43 -0.01 -0.06 15.45 13.08 - LU0679941327 - -
Class E5 Hedged EUR - 9.97 -0.03 -0.30 10.14 9.35 - LU2038736463 - -
A3 HKD Monthly 85.35 -0.06 -0.07 85.44 74.25 - LU0690034276 - -
I2 CNH Accumulating 129.59 -0.40 -0.31 130.09 116.61 - LU1574463128 - -
I3 USD Monthly 10.69 0.00 0.00 10.70 9.29 - LU1648248299 - -
A2 Hgd USD Accumulating 10.56 -0.04 -0.38 10.64 9.64 - LU2070343392 - -
E5 EUR - 10.48 -0.05 -0.47 10.79 9.85 - LU2038736380 - -
A2 CNH Accumulating 103.03 -0.32 -0.31 103.43 92.99 - LU0679940949 - -
Class I6 CNH Monthly 104.45 -0.32 -0.31 105.38 97.23 - LU1940842344 - -
C2 USD Accumulating 13.82 -0.01 -0.07 13.84 11.79 - LU0683062482 - -
E2 EUR Accumulating 16.24 -0.08 -0.49 16.32 14.96 - LU0764816798 - -
A3 CNH Monthly 73.53 -0.23 -0.31 74.01 68.07 - LU0679941160 - -
A3 USD Monthly 11.01 -0.01 -0.09 11.02 9.57 - LU0679941673 - -
I2 USD Accumulating 19.41 -0.01 -0.05 19.43 16.40 - LU1588882974 - -
D2 USD Accumulating 15.45 -0.01 -0.06 15.46 13.07 - LU0719319435 - -
I2 EUR - 16.47 -0.09 -0.54 16.56 15.10 - LU2011139461 - -
A6 Hgd CAD Monthly 9.97 -0.03 -0.30 10.13 9.42 - LU2077746696 - -
X2 USD - 12.15 -0.01 -0.08 12.16 10.24 - LU1733225855 - -
D3 USD Monthly 11.06 -0.01 -0.09 11.07 9.62 - LU0683067952 - -
D2 CNH Accumulating 103.16 -0.32 -0.31 103.55 92.91 - LU0827885731 - -
A6 Hgd AUD Monthly 10.04 -0.04 -0.40 10.25 9.52 - LU1852331039 - -
A2 CHF Accumulating 14.04 -0.06 -0.43 14.10 12.71 - LU0969580058 - -
A6 Hgd NZD Monthly 9.96 -0.03 -0.30 10.12 9.39 - LU2077746340 - -
A6 Hgd GBP Monthly 9.92 -0.03 -0.30 10.10 9.39 - LU2077746779 - -
A6 Hgd EUR Monthly 9.64 -0.03 -0.31 9.88 9.17 - LU1847653224 - -
A6 Hgd HKD Monthly 100.11 -0.32 -0.32 101.43 94.46 - LU1963769176 - -
A6 Hgd USD Monthly 10.19 -0.03 -0.29 10.33 9.64 - LU1847653141 - -
A6 Hgd SGD Monthly 10.15 -0.03 -0.29 10.32 9.60 - LU1847653497 - -
E2 Hgd EUR Accumulating 10.90 -0.03 -0.27 10.99 10.02 - LU0803752129 - -
A6 CNH Monthly 105.07 -0.33 -0.31 106.12 98.27 - LU1852330734 - -

Portfolio Managers

Portfolio Managers

Artur Piasecki
Artur Piasecki
Eric Liu
Eric Liu

Literature

Literature