Fixed Income

BGF Global Inflation Linked Bond Fund

Overview

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.

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Performance

Performance

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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 9 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) -5.21 8.54 -1.38 9.23 3.25 0.51 6.58 6.00 4.82
Constraint Benchmark 1 (%) -4.74 5.15 -0.40 5.91 2.72 0.99 6.86 6.38 5.55
  1y 3y 5y 10y Incept.
-0.20 3.26 3.07 - 3.04
Constraint Benchmark 1 (%) 0.54 3.63 3.46 - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-3.55 -1.33 -2.68 -3.73 -0.20 10.11 16.35 - 33.59
Constraint Benchmark 1 (%) -3.53 -1.44 -3.28 -3.64 0.54 11.28 18.52 - -
  From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
Total Return (%)

as of 31-Dec-2021

3.25 0.51 6.58 6.00 4.82
Constraint Benchmark 1 (%)

as of 31-Dec-2021

2.72 0.99 6.86 6.38 5.55

Key Facts

Key Facts

Net Assets of Fund as of 27-Jun-2022 USD 390,649,019
Share Class launch date 27-Sep-2012
Fund Launch Date 19-Jun-2009
Share Class Currency USD
Fund Base Currency USD
Asset Class Fixed Income
Constraint Benchmark 1 BBG WGILB All Markets 1-20Yrs 100% Hedged to USD Index
SFDR Classification Other
Initial Charge 5.00%
Ongoing Charges Figures 0.61%
Annual Management Fee 0.40%
Performance Fee 0.00%
Minimum Initial Investment USD 100,000.00
Minimum Subsequent Investment USD 1,000.00
Distribution Frequency Monthly
Use of Income Distributing
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Morningstar Category Global Inflation-Linked Bond - USD Hedged
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BGILD3U
ISIN LU0827882555
SEDOL B893Y69

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 31-May-2022 135
12m Trailing Yield as of 31-May-2022 0.05
Standard Deviation (3y) as of 31-May-2022 3.73%
3y Beta as of 31-May-2022 1.023
Yield to Maturity as of 31-May-2022 2.62
Modified Duration as of 31-May-2022 6.41
Weighted Average YTM as of 31-May-2022 -0.11
Effective Duration as of 31-May-2022 6.39
Weighted Avg Maturity as of 31-May-2022 7.55
WAL to Worst as of 31-May-2022 7.55

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and due diligence stage of the investment process. ESG information may be sourced from both internal and external sources and included in the Aladdin risk system. The Fund manager conducts regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for BGF Global Inflation Linked Bond Fund, Class D3, as of 31-May-2022 rated against 86 Global Inflation-Linked Bond - USD Hedged Funds.

Holdings

Holdings

as of 31-May-2022
Name Weight (%)
TREASURY (CPI) NOTE 0.75 07/15/2028 2.81
FRANCE (REPUBLIC OF) 0.7 07/25/2030 2.77
FRANCE (REPUBLIC OF) 0.1 07/25/2038 2.62
TREASURY (CPI) NOTE 0.875 01/15/2029 2.28
TREASURY (CPI) NOTE 0.375 07/15/2023 2.28
Name Weight (%)
TREASURY (CPI) NOTE 0.625 01/15/2024 2.18
UK I/L GILT 0.125 03/22/2024 2.18
UMBS 30YR TBA(REG A) 2.17
TREASURY (CPI) NOTE 0.125 07/15/2031 2.01
TREASURY (CPI) NOTE 0.625 01/15/2026 1.89
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-May-2022

% of Market Value

Type Fund Benchmark Net
as of 31-May-2022

% of Market Value

Type Fund Benchmark Net
as of 31-May-2022

% of Market Value

Type Fund Benchmark Net
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of 31-May-2022

% of Market Value

Type Fund Benchmark Net
as of 31-May-2022

% 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 NAV As Of 52wk High 52wk Low ISIN TIS
Class D3 USD Monthly 15.74 0.00 0.00 27-Jun-2022 16.96 15.50 LU0827882555 -
Class I2 USD - 9.98 0.00 0.00 27-Jun-2022 10.75 9.83 LU2298379822 -
Class A3 USD Monthly 15.58 0.00 0.00 27-Jun-2022 16.80 15.35 LU0425308243 -
Class D2 Hedged EUR None 14.49 0.00 0.00 27-Jun-2022 15.69 14.28 LU0448666502 -
Class A2 USD None 16.05 0.00 0.00 27-Jun-2022 17.31 15.81 LU0425308086 -
Class A2 Hedged EUR None 13.83 0.00 0.00 27-Jun-2022 14.99 13.64 LU0425308169 -
Class D2 USD None 16.80 0.00 0.00 27-Jun-2022 18.10 16.55 LU0448666684 -

Portfolio Managers

Portfolio Managers

Christopher Allen
Christopher Allen
David Rogal
David Rogal

Literature

Literature