Fixed Income

BSF Sustainable Euro 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.

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. The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. The fund invests in fixed interest securities issued by companies which, compared to bonds issued or guaranteed by governments, are exposed to greater risk of default in the repayment of the capital provided to the company or interest payments due to the fund. The Fund utilises derivatives as part of its investment strategy. Compared to a fund which only invests in traditional instruments such as stocks and bonds, derivatives are potentially subject to a higher level of risk and volatility. The strategies utilised by the Fund involve the use of derivatives to facilitate certain investment management techniques including the establishment of both ‘long’ and ‘synthetic short’ positions and creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The use of derivatives in this manner may have the effect of increasing the overall risk profile of the Fund. The fund investments may be subject to liquidity constraints, which means that shares may trade less frequently and in small volumes, for instance smaller companies. As a result, changes in the value of investments may be more unpredictable. In certain cases, it may not be possible to sell the security at the last market price quoted or at a value considered to be fairest. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.

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 EUR, 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

Performance chart data not available for display.
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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 10-Dec-2018 EUR 99.33
Base Currency EUR
Fund Launch Date 23-Aug-2016
Share Class launch date 23-Aug-2016
Asset Class Fixed Income
Morningstar Category EUR Diversified Bond
Benchmark Index BBG Barc Euro Aggregate 500+
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1435395634
Bloomberg Ticker BSSEA2E
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BDC7ZS2
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5,000.00
Minimum Subsequent Investment -
Use of Income Accumulating

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

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

     

Ronald van Loon
Ronald van Loon

Holdings

Holdings

as of 30-Nov-2018
Name Weight (%)
ITALY (REPUBLIC OF) 4.75 09/01/2028 2.21
GERMANY (FEDERAL REPUBLIC OF) RegS 3 07/04/2020 1.99
BELGIUM (KINGDOM OF) 1.6 06/22/2047 1.61
FRANCE (REPUBLIC OF) 1.75 06/25/2039 1.57
BELGIUM (KINGDOM OF) 0.8 06/22/2027 1.21
Name Weight (%)
AUSTRIA (REPUBLIC OF) MTN 0.5 04/20/2027 1.13
SPAIN (KINGDOM OF) 1.4 07/30/2028 1.06
FRANCE (REPUBLIC OF) RegS 0.25 11/25/2020 1.04
NYKREDIT REALKREDIT A/S RegS 1 10/01/2020 1.00
ITALY (REPUBLIC OF) RegS 0.05 04/15/2021 0.99
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Nov-2018

% of Market Value

Type Fund Benchmark Net
as of 30-Nov-2018

% of Market Value

Type Fund Benchmark Net
as of 30-Nov-2018

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Nov-2018

% of Market Value

Type Fund Benchmark Net
as of 30-Nov-2018

% of Market Value

Type Fund Benchmark Net
as of 30-Nov-2018

% 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 A2 EUR None 97.40 0.04 0.04 99.08 96.80 - LU1435395634 - -
Class A4 EUR Annual 97.34 0.04 0.04 99.03 96.74 - LU1435395717 - -
Class I2 EUR None 98.49 0.05 0.05 99.70 97.82 - LU1435395980 - -
Class E2 EUR None 96.29 0.03 0.03 98.45 95.73 - LU1495982354 - -
Class D2 EUR None 98.16 0.04 0.04 99.52 97.52 - LU1435395808 - -

Literature

Literature