Fixed Income

BlackRock Sterling Strategic Bond Fund

Overview

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. 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 may make distributions from capital as well as income or pursue certain investment strategies in order to generate income. Whilst this might allow more income to be distributed, it may also have the effect of reducing capital and the potential for long-term capital growth. Investors in this Fund should understand that capital growth is not a priority and values may fluctuate and the level of income may vary from time to time and is not guaranteed. The Fund utilises 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 and volatility. The strategies utilised by the Fund involve the use of derivatives to facilitate certain investment management techniques including the establishment of both ‘long’ and ‘synthetic short’ positions and creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The use of derivatives in this manner may have the effect of increasing the overall risk profile of the Fund. The use of covered call options in the fund will usually provide some limited protection to investors when stockmarkets are falling, but may also result in a lower return in a rising market, when compared to the benchmark The fund invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater effect on the overall value of this fund. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. Compared to more established economies, the value of investments in developing Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability. The fund can invest in mining shares which typically experience above average volatility when compared to other investments. Trends which occur within the general equity market may not be mirrored within mining securities. Optional - The Fund does not hold physical gold or other commodities.
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Performance

Performance

  • Returns

  From
31-Dec-2013
To
31-Dec-2014
From
31-Dec-2014
To
31-Dec-2015
From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Dec 31, 2018

- - - 6.04 -2.29
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
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Distributions

This fund does not have any distributions data as of now.

Key Facts

Key Facts

Size of Fund (Millions) as of Feb 15, 2019 GBP 114.415
Price Yield as of Feb 15, 2019 1.88
Base Currency British Pound
Fund Inception Date May 17, 2016
Share Class Inception Date May 17, 2016
Asset Class Fixed Income
Investment Association Category £ Strategic Bond
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
ISIN GB00BZ6DDH50
Bloomberg Ticker BRSSBAI LN
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BZ6DDH5
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment -
Minimum Subsequent Investment -
Use of Income Distributing

Ratings

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jan 31, 2019
Name Weight (%)
ISH EUR HY CRP BND ETF EUR DIST 9.34
BAT CAPITAL CORP MTN RegS 2.125 08/15/2025 2.17
GENERAL ELECTRIC CO MTN RegS 4.125 09/19/2035 2.07
HSBC HOLDINGS PLC 2.175 06/27/2023 2.01
TIME WARNER CABLE LLC 5.75 06/02/2031 2.01
Name Weight (%)
BRITISH TELECOMMUNICATIONS PLC MTN RegS 3.125 11/21/2031 1.79
WALGREENS BOOTS ALLIANCE INC 3.6 11/20/2025 1.77
TESCO PROPERTY RegS 1.73
VERIZON COMMUNICATIONS INC 2.875 01/15/2038 1.73
INNOGY FINANCE BV MTN RegS 6.25 06/03/2030 1.65
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2019

% of Market Value

Type Fund
as of Jan 31, 2019

% of Market Value

Type Fund
as of Jan 31, 2019

% of Market Value

Type Fund
Allocations subject to change.
as of Jan 31, 2019

% of Market Value

Type Fund
as of Jan 31, 2019

% of Market Value

Type Fund
as of Jan 31, 2019

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN TIS
A GBP Daily 1.09 0.00 0.09 1.10 1.05 1.08 GB00BZ6DDH50 -
X GBP Daily 1.09 0.00 0.00 1.10 1.05 1.08 GB00BZ6DDQ42 -
Class Z GBP Daily 1.08 0.00 0.00 1.10 1.05 1.08 GB00BZ6DF359 -
D GBP Daily 1.08 0.00 0.00 1.10 1.05 1.08 GB00BZ6DDM04 -
D GBP Accumulating 1.14 0.00 0.00 1.14 1.11 1.13 GB00BZ6DDJ74 -
X GBP Accumulating 1.16 0.00 0.00 1.16 1.12 1.15 GB00BZ6DDP35 -
A GBP Accumulating 1.13 0.00 0.09 1.13 1.09 1.12 GB00BZ6DDG44 -
Class Z GBP Accumulating 1.15 0.00 0.00 1.15 1.11 1.14 GB00BZ6DDZ33 -

Portfolio Managers

Portfolio Managers

Simon Blundell
Simon Blundell
Ben Edwards
Ben Edwards

Literature

Literature