For qualified investors

BGF Fixed Income Global Opportunities Fund

In today’s fast-paced and changing environment you need a global approach to sourcing opportunities that help to weather volatility, mitigate draw-downs and generate attractive risk-adjusted returns. A flexible and unconstrained fixed income strategy such as BlackRock Global Funds (BGF) Fixed Income Global Opportunities (FIGO) Fund could be an especially effective component of your clients’ portfolios.

Price and performance

Why this fund?

The fund aims to make a little money, a lot of times by maximising opportunities in the bond markets. The three cornerstones of the strategy are:

Flexible

Flexible
  • • Free of benchmark restraints
  • • Invests across the full fixed income universe
  • • Wide duration band from -2 to +7 years

Diversified

Diversified
  • • Ability to use an expanded global opportunity set to provide return and risk diversification
  • • Aims to maintain low correlation with fixed income indices

Risk Management

Risk Management
  • • Aims to hedge tail risk and control volatility to generate attractive risk-adjusted returns
  • • Utilises BlackRock’s extensive resources to ensure that all risk is taken deliberately

What is ‘unconstrained’ investing?

 

What it is
it is Active, go-anywhere investment approach
it is Outcome orientated
it is Flexible, adaptable, diversified
it is Focused on attractive risk adjusted returns for a more consistant experience over time
it is Benchmark agnostic
What it isn't
it isn't Undisciplined
it isn't Narrow in focus, rigid
it isn't A market timing mechanism
it isn't Focused on short-term gain at the expense of stability
it isn't Benchmark constrained

Fund essentials

 

FUND BENEFITS

Reasons to invest



Reason to buy

Overview of FIGO’s performance, philosophy and team.

Download Reasons to invest
FUND PERFORMANCE

Annual fund update



fund Commentary

Annual commentary on the fund’s performance and 2017 outlook.

Download Commentary
MARKET OUTLOOK

Global and European Fixed Income 2017


Outlook

Scott Thiel’s and Michael Krautzberger's views on what the fixed income markets have in store for us.
Download Outlook for 2017

Meet our FIGO team

FIGO is led by four portfolio managers who are supported by over 400 fixed income specialists across 30 countries1, so we can aim to find the best opportunities across the global and deliver the returns your clients are looking for:

 



Rick Rieder


Managing Director and Portfolio Manager


Scott Thiel


Managing Director and Portfolio Manager

 



Bob Miller


Managing Director and Portfolio Manager


Andreas Doerrenhaus


Director and Portfolio Manager

1 Source: BlackRock, as at 31 January 2017

The BlackRock Global Funds is domiciled in Luxembourg. BlackRock Asset Management Schweiz AG, Bahnhofstrasse 39, CH-8001 Zurich, is the Swiss Representative and State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zürich, the Swiss Paying Agent. The Prospectus, Key Investor Information Document, the Articles of Incorporation, the latest and any previous annual and semi-annual reports are available free of charge from the Swiss representative. Investors should read the fund specific risks in the Key Investor Information Document and the Prospectus.
Fund specific risks:
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 by the company or interest payments due to the Fund.
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 may invest in structured credit products such as asset back securities (‘ABS’) which pool together mortgages and other debts into single or multiple series credit products which are then passed on to investors, normally in return for interest payments based on the cash flows from the underlying assets. These securities have similar characteristics to corporate bonds but carry greater risk as the details of the underlying loans is unknown, although loans with similar terms are typically packaged together. The stability of returns from ABS are not only dependent on changes in interest-rates but also changes in the repayments of the underlying loans as a result of changes in economic conditions or the circumstances of the holder of the loans. These securities can therefore be more sensitive to economic events, may be subject to severe price movements and can be more difficult and/or more expensive to sell in difficult markets.
The Fund invests in high yielding bonds. Companies who issue higher yield bonds typically have an increased risk of defaulting on repayments. In the event of default, the value of your investment may reduce. Economic conditions and interest rate levels may also impact significantly the values of high yield bonds.