For qualified investors

BGF Global Bond Income Fund

Capital at risk


The search for income is still a key theme in an environment where bond yields are struggling. Investors are looking for new strategies to enhance returns.

The recently launched Global Bond Income (GBI) Fund aims to deliver above average income without sacrificing long term growth, by seeking diversified income sources. The Fund follows an unconstrained approach, which provides portfolio managers with the flexibility to allocate and rotate across any sector in the fixed income universe.

Without restrictions from benchmark weights, the Fund is able to combine BlackRock’s highest conviction views to generate durable and diversified income.

Price and performance

Why this fund?

The fund aims to uncover alpha opportunities by blending together traditional quantitative insights with big data and machine learning signals including satellite images, social media and local language text analysis.
Experienced team
Managed by BlackRock’s Global CIO of fixed Income, Rick Rieder building on the success of our global multi-sector bond platform.
Diversified strategy
Diversified investment strategy that aims to achieve scale and scope to harvest income from across the global investment universe....
Flexible approach
An unconstrained approach that provides the flexibility to allocate and rotate across any sector in the fixed income universe.
Reasons to invest
Overview of GBI’s performance, philosophy and team.
Download Reasons to invest Download Reasons to invest

Meet our GBI team

GBI is managed by BlackRock's Global CIO of fixed income, Rick Rieder, Scott Thiel, Amer Bisat, Robert Wuertz, Andreas Doerrenhaus and Jacob Caplain.

 



Rick Rieder


CIO of Global Fixed Income


Scott Thiel


Deputy CIO of Global Fixed Income

 



Amer Bisat


EMD Portfolio Manager, Managing Director


Andreas Doerrenhaus


Credit Portfolio Manager, Managing Director

 



Robert Wuertz


Securitized Portfolio Manager, Director

Important information

All data and information as of 30 August 2018.

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.

Risks

Exchange rate risk: Overseas investment will be affected by movements in currency exchange rates.

Structured credit products: The Fund may invest in structured credit products such as asset-backed 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 loan. 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.

Credit risk: The Fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due.

Interest rate risk: 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.

Derivative risk: The Fund uses 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.

High yield bonds: The Fund invests in high yielding bonds. Companies which 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.

Liquidity risk: The Fund’s investments may have low liquidity which often causes the value of these investments to be less predictable. In extreme cases, the Fund may not be able to realise the investment at the latest market price or at a price considered fair.

Counterparty risk: 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.