Fixed Income

BGF Global Corporate 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.

Please note the Fund-specific risks under the relevant section in Disclaimer.

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

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Performance

Performance

  • Returns


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 NZD, 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 25-Mar-2019 USD 1,946.58
Base Currency USD
Fund Launch Date 19-Oct-2007
Share Class launch date 05-Sep-2012
Asset Class Fixed Income
Morningstar Category Other Bond
Benchmark Index BBG Barc Global Agg Corporate Index, 100% USD Hedged
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0803752475
Bloomberg Ticker BGCA3NH
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B7Y71H9
Bloomberg Benchmark Ticker LGCPTRUH
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment NZD 5,000.00
Minimum Subsequent Investment NZD 1,000.00
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Corporate Bond Fund, Class A3 Hedged, as of 31-Jul-2018 rated against 1349 Other Bond Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 30-Apr-2018)

Portfolio Managers

Portfolio Managers

Andreas Doerrenhaus
Andreas Doerrenhaus
Michael Krautzberger
Head, BlackRock’s Pan-European Fixed Income Team

     

Holdings

Holdings

as of 28-Feb-2019
Name Weight (%)
ISHARES EURO ULTRASHORT BOND UCITS 7.40
SAP SE RegS 0.25 03/10/2022 0.72
VOLKSWAGEN INTERNATIONAL FINANCE N RegS 1.875 03/30/2027 0.72
GENERAL MOTORS FINANCIAL CO INC MTN RegS 2.2 04/01/2024 0.72
GOLDMAN SACHS GROUP INC/THE 2.905 07/24/2023 0.69
Name Weight (%)
JPMORGAN CHASE & CO 4.452 12/05/2029 0.67
BANCO DE SABADELL SA MTN RegS 1.625 03/07/2024 0.62
MORGAN STANLEY 3.737 04/24/2024 0.61
GOLDMAN SACHS GROUP INC/THE MTN 3.85 07/08/2024 0.53
JPMORGAN CHASE & CO 4.005 04/23/2029 0.49
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Feb-2019

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2019

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 28-Feb-2019

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2019

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-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 NZD Monthly 11.73 0.03 0.26 11.73 11.23 - LU0803752475 - -
Class D2 Hedged GBP None 9.82 0.03 0.31 9.82 9.39 - LU1222731728 - -
Class E2 USD None 13.05 0.04 0.31 13.05 12.43 - LU0326961470 - -
Class A6 Hedged SGD Monthly 9.58 0.02 0.21 9.68 9.22 - LU1435395121 - -
Class A8 Hedged CNH Monthly 97.39 0.28 0.29 97.98 93.61 - LU1220227653 - -
Class D5 Hedged GBP None 10.06 0.03 0.30 10.06 9.73 - LU1814255474 - -
Class A5 USD Quarterly 10.57 0.03 0.28 10.57 10.14 - LU0825403933 - -
Class A3 Hedged CAD Monthly 10.62 0.03 0.28 10.62 10.17 - LU0816460157 - -
Class I2 USD None 11.10 0.04 0.36 11.10 10.53 - LU1181254019 - -
Class D2 USD None 14.48 0.04 0.28 14.48 13.75 - LU0326960662 - -
Class D2 Hedged EUR None 13.20 0.04 0.30 13.20 12.66 - LU0326951752 - -
Class A6 USD Monthly 10.73 0.03 0.28 10.75 10.29 - LU0788109634 - -
Class E2 Hedged EUR None 11.95 0.04 0.34 11.99 11.49 - LU0307653898 - -
Class A2 Hedged EUR None 12.62 0.04 0.32 12.62 12.12 - LU0297942434 - -
Class A8 Hedged AUD Monthly 10.77 0.03 0.28 10.83 10.35 - LU0871639976 - -
Class I2 Hedged EUR None 9.97 0.03 0.30 9.97 9.56 - LU1625162489 - -
Class A6 Hedged HKD Monthly 80.22 0.25 0.31 81.24 77.22 - LU0788109550 - -
Class A8 Hedged NZD Monthly 9.48 0.03 0.32 9.53 9.11 - LU1149717313 - -
Class A4 Hedged EUR Annual 8.91 0.03 0.34 9.08 8.56 - LU0303846876 - -
Class A3 Hedged GBP Monthly 10.25 0.03 0.29 10.32 9.86 - LU0816460231 - -
Class A2 USD None 13.83 0.04 0.29 13.83 13.15 - LU0297942194 - -
Class A2 Hedged SEK None 100.15 0.29 0.29 100.15 96.18 - LU1162516634 - -
Class A3 Hedged AUD Monthly 11.61 0.03 0.26 11.61 11.11 - LU0816460074 - -
Class I4 Hedged GBP Annual 9.92 0.03 0.30 10.01 9.48 - LU1403442228 - -
Class I2 Hedged CAD None 11.01 0.03 0.27 11.01 10.48 - LU1153585614 - -

Literature

Literature