Fixed Income

BGF Global Securitised Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Asset backed securities and mortgage backed securities are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Such ESG screening may reduce the potential investment universe and this may adversely affect the value of the Fund’s investments compared to a fund without such screening. Collateralised Loan Obligations are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets.

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

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

Loading

Performance

Performance

This chart has been left intentionally blank as there is less than one year's performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

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

Key Facts

Key Facts

Net Assets of Fund
as of 04.12.2025
USD 104 410 439
Fund Launch Date
06.11.2025
Fund Base Currency
USD
Comparator Benchmark 1
ICE BofA Fixed Rate ABS Master Index (R0A0)
Initial Charge
-
Management Fee
-
Performance Fee
-
Minimum Subsequent Investment
USD 1000
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGSFX2G
Share Class launch date
06.11.2025
Share Class Currency
GBP
Asset Class
Fixed Income
SFDR Classification
Article 8
Ongoing Charges Figures
0,07%
ISIN
LU3170944931
Minimum Initial Investment
USD 10000000
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BS7ZZN1

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28.11.2025
1
Yield to Maturity
as of 28.11.2025
4,80
Weighted Average YTM
as of 28.11.2025
4,80%
Weighted Avg Maturity
as of 28.11.2025
3,15
Standard Deviation (3y)
as of -
-
Modified Duration
as of 28.11.2025
0,72
Effective Duration
as of 28.11.2025
0,55
WAL to Worst
as of 28.11.2025
3,15

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 28.11.2025
Name Weight (%)
DWSON_24-1 B RegS 2,59
FRONT_25-1 B RegS 2,58
DWSON_24-1 C RegS 2,58
PARGN_12X A1 RegS 2,35
EURO_40X A RegS 2,22
Name Weight (%)
SATUS_24-1 B RegS 2,02
PEPAU_41 A2 RegS 1,92
NORIA_24-DE1 B RegS 1,88
DWSON_25-1 A RegS 1,87
LTFC_25-1 A1L 1,85
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28.11.2025

% of Market Value

Type Fund
as of 28.11.2025

% of Market Value

Type Fund
as of 28.11.2025

% of Market Value

Type Fund
as of 28.11.2025

% of Market Value

Type Fund
as of 28.11.2025

% of Market Value

Type Fund
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

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class X2 Hedged GBP 10,05 0,01 0,10 04.12.2025 10,05 10,00 LU3170944931
Class A2 USD 10,04 0,00 0,00 04.12.2025 10,04 10,00 LU3170944188
Class I2 Hedged CHF 10,01 -0,01 -0,10 04.12.2025 10,02 10,00 LU3170944691
Class I2 USD 10,05 0,01 0,10 04.12.2025 10,05 10,00 LU3170944345
Class D2 Hedged GBP 10,04 0,00 0,00 04.12.2025 10,04 10,00 LU3170944774
Class D2 USD 10,04 0,00 0,00 04.12.2025 10,04 10,00 LU3170944261
Class I2 Hedged GBP 10,05 0,01 0,10 04.12.2025 10,05 10,00 LU3170944857
Class D2 Hedged CHF 10,01 0,00 0,00 04.12.2025 10,02 10,00 LU3170944428

Portfolio Managers

Portfolio Managers

Kate Galustian
Head of European ABS

Kate Galustian, Managing Director, is Head of European ABS and a portfolio manager within BlackRock's Global Fixed Income group.

Ibrahim Incoglu
Co-Head of the Securitised Asset Team

Ibrahim Incoglu, Managing Director, is Co-Head of the Securitized Assets Team in Global Fixed Income.

Samir Lakhani
Co-Head of the Securitised Asset Team

Samir Lakhani, Managing Director, is Co-Head of the Securitized Assets Team in Global Fixed Income.

Daanish Siddiqui
European ABS Portfolio Manager

Daanish Siddiqui, CFA, Director, is a portfolio manager in the European Asset Backed Securities team within BlackRock’s Global Fixed Income group and is currently responsible for day-to-day portfolio management of European Securitised strategies.

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Example Investment GBP 10 000
Scenarios
If you exit after 1 year
If you exit after 3 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
9 680 GBP
-3,2%
9 300 GBP
-2,4%

Unfavourable

What you might get back after costs
Average return each year
9 680 GBP
-3,2%
10 090 GBP
0,3%

Moderate

What you might get back after costs
Average return each year
10 350 GBP
3,5%
10 770 GBP
2,5%

Favourable

What you might get back after costs
Average return each year
10 800 GBP
8,0%
11 540 GBP
4,9%

The stress scenario shows what you might get back in extreme market circumstances.



Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature

 
Please access the document library in order to find the KID/KIID in local language.