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Fixed Income

BGF Global Government 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 current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in HKD, hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

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 12-Nov-2019 USD 768.53
Base Currency USD
Fund Launch Date 14-May-1987
Share Class launch date 21-Sep-2016
Asset Class Fixed Income
Morningstar Category Global Bond - USD Hedged
Benchmark Index FTSE WGBI Index 100% Hedged in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1484781478
Bloomberg Ticker BGGGA3H
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BYZ8GH5
Bloomberg Benchmark Ticker SBWGC
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment HKD 5,000.00
Minimum Subsequent Investment -
Use of Income Distributing

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

Bob Miller
Bob Miller
Aidan Doyle (FI)
Aidan Doyle (FI)

Holdings

Holdings

as of 31-Oct-2019
Name Weight (%)
TREASURY (CPI) NOTE 0.5 04/15/2024 8.66
UMBS 30YR TBA(REG A) 6.56
INDIA (REPUBLIC OF) 7.17 01/08/2028 1.29
JAPAN (GOVERNMENT OF) 20YR #130 1.8 09/20/2031 1.26
FRANCE (REPUBLIC OF) 0 05/25/2021 1.24
Name Weight (%)
JAPAN (GOVERNMENT OF) 30YR #54 0.8 03/20/2047 1.17
JAPAN (GOVERNMENT OF) 10YR #318 1 09/20/2021 1.15
JAPAN (GOVERNMENT OF) 5YR #137 0.1 09/20/2023 1.12
FRANCE (REPUBLIC OF) 0.5 05/25/2025 0.99
JAPAN (GOVERNMENT OF) 2YR #403 0.1 08/01/2021 0.98
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Oct-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Oct-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Oct-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 HKD Monthly 102.04 -0.12 -0.12 105.09 94.86 - LU1484781478 - -
Class D3 USD Monthly 21.73 -0.03 -0.14 22.37 20.04 - LU0827882043 - -
Class E2 USD None 27.83 -0.04 -0.14 28.62 25.57 - LU0090845412 - -
Class A1 Hedged EUR Daily 18.88 -0.02 -0.11 19.54 17.94 - LU0297940495 - -
Class A2 USD None 30.75 -0.04 -0.13 31.58 28.11 - LU0006061385 - -
Class E2 Hedged EUR None 23.77 -0.03 -0.13 24.58 22.50 - LU0297944059 - -
Class D2 USD None 31.78 -0.04 -0.13 32.62 28.95 - LU0540001038 - -
Class A2 Hedged EUR None 26.36 -0.03 -0.11 27.23 24.83 - LU0297942863 - -
Class A3 Hedged EUR Monthly 18.72 -0.02 -0.11 19.38 17.79 - LU0297943168 - -
Class A3 Hedged GBP Monthly 10.01 -0.01 -0.10 10.33 9.40 - LU1484781395 - -
Class A3 USD Monthly 21.70 -0.03 -0.14 22.33 20.02 - LU0172412149 - -
Class A1 USD Daily 21.67 -0.02 -0.09 22.29 19.98 - LU0118256485 - -
Class D2 Hedged EUR None 27.58 -0.04 -0.14 28.48 25.89 - LU0329591563 - -
Class D3 Hedged EUR Monthly 18.74 -0.03 -0.16 19.41 17.82 - LU0827881821 - -
Class I4 Hedged EUR - 10.23 -0.01 -0.10 10.70 9.71 - LU1811366183 - -

Literature

Literature