Fixed Income

BSF Sustainable Euro 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 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 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 to the company or interest payments due to the fund. 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 fund investments may be subject to liquidity constraints, which means that shares may trade less frequently and in small volumes, for instance smaller companies. As a result, changes in the value of investments may be more unpredictable. In certain cases, it may not be possible to sell the security at the last market price quoted or at a value considered to be fairest. 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.
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Performance

Performance

  • Returns

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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Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of Feb 19, 2019 EUR 103.248
Base Currency Euro
Fund Inception Date Aug 23, 2016
Share Class Inception Date Aug 23, 2016
Asset Class Fixed Income
Morningstar Category EUR Diversified Bond
Benchmark Index BBG Barc Euro Aggregate 500+
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1435395634
Bloomberg Ticker BSSEA2E
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BDC7ZS2
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Ratings

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jan 31, 2019
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) RegS 0 10/13/2023 3.05
ITALY (REPUBLIC OF) 4.75 09/01/2028 2.65
GERMANY (FEDERAL REPUBLIC OF) RegS 3 07/04/2020 1.87
BELGIUM (KINGDOM OF) 1.6 06/22/2047 1.55
FRANCE (REPUBLIC OF) 1.75 06/25/2039 1.50
Name Weight (%)
IRELAND (REPUBLIC OF) RegS 1.35 03/18/2031 1.20
BELGIUM (KINGDOM OF) 0.8 06/22/2027 1.15
AUSTRIA (REPUBLIC OF) MTN 0.5 04/20/2027 1.08
FRANCE (REPUBLIC OF) RegS 0.25 11/25/2020 0.97
ITALY (REPUBLIC OF) RegS 0.05 04/15/2021 0.95
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% of Market Value

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

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% 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 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A2 EUR Accumulating 98.82 0.07 0.07 98.89 96.80 - LU1435395634 - -
Class Z2 EUR - 101.11 0.07 0.07 101.11 98.93 - LU1864666679 - -
E2 EUR Accumulating 97.60 0.07 0.07 98.06 95.73 - LU1495982354 - -
I2 EUR Accumulating 100.02 0.07 0.07 100.02 97.82 - LU1435395980 - -
A4 EUR Annual 98.76 0.08 0.08 98.82 96.74 - LU1435395717 - -
D2 EUR Accumulating 99.66 0.07 0.07 99.66 97.52 - LU1435395808 - -
X2 EUR Accumulating 100.95 0.08 0.08 100.95 98.57 - LU1435396012 - -

Portfolio Managers

Portfolio Managers

Michael Krautzberger
Managing Director

  

Ronald van Loon
Ronald van Loon

Literature

Literature