Fixed Income

BlackRock Global Absolute Return Bond Fund

Overview

Important Information: Capital at Risk. 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.

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Performance

Performance

  • Returns

  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
From
31-Dec-2018
To
31-Dec-2019
Total Return (%) Total return is expressed as the percentage change of an investment over a certain timeframe. It includes the net income earned by the investment in terms of dividends or interest along with any change in the capital value of the investment.

as of 31-Dec-19

0.78 0.64 1.47 -3.21 1.79

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in EUR.

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

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Reinvestments

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

Key Facts

Key Facts

Size of Fund (Millions) as of 28-Feb-20 EUR 227.781
Base Currency EUR
Fund Launch Date 25-May-12
Inception Date 11-Jul-12
Asset Class Fixed Income
Morningstar Category Alt - Long/Short Credit
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0802639707
Bloomberg Ticker BRGARD2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B8338Y1
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100000
Minimum Subsequent Investment EUR 0
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

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 31-Jan-20
Name Weight (%)
UMBS 30YR TBA(REG A) 17.01
GNMA2 30YR TBA(REG C) 2.73
ISH CORE EUR CORP BND ETF EUR DIST 2.09
ISH EUR HY CRP BND ETF EUR DIST 1.83
ITALY (REPUBLIC OF) 1.75 07/01/2024 1.51
Name Weight (%)
TREASURY (CPI) NOTE 0.875 01/15/2029 1.44
ITALY (REPUBLIC OF) 1.3 05/15/2028 1.33
UNITED KINGDOM (GOVERNMENT OF) 0.125 08/10/2028 1.18
CLMT_16-CLNE A 144A 1.18
TREASURY (CPI) NOTE 0.25 07/15/2029 1.16
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-20

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-20

% 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
Class D2 EUR None 105.52 -0.35 -0.33 106.20 104.53 - LU0802639707 - -
Class E2 EUR None 97.94 -0.33 -0.34 98.70 97.57 - LU0802640978 - -
Class X2 EUR None 111.99 -0.36 -0.32 112.67 110.39 - LU0783530743 - -
Class I2 Hedged SEK None 1,012.69 -3.40 -0.33 1,018.91 1,000.34 - LU1129992647 - -
Class A2 Hedged SEK None 993.39 -3.36 -0.34 999.98 985.64 - LU0884611699 - -
Class I2 Hedged GBP - 101.91 -0.34 -0.33 102.50 99.94 - LU1834329234 - -
Class A2 EUR None 101.69 -0.33 -0.32 102.40 101.05 - LU0783530669 - -
Class I2 EUR None 101.87 -0.34 -0.33 102.52 100.79 - LU1129992563 - -
Class D2 Hedged CHF None 98.17 -0.32 -0.32 98.83 97.52 - LU1311313644 - -
Class A2 Hedged USD None 108.99 -0.36 -0.33 109.65 105.96 - LU0972010309 - -

Portfolio Managers

Portfolio Managers

Ian Winship
Ian Winship
Simon Blundell

Managing Director, is Head of Sterling Bond Portfolios within BlackRock's Fundamental Fixed Income.

 

Prior to joining BlackRock in 2011, Mr. Blundell was Head of Institutional Credit Portfolio Management at Aviva Investors where he oversaw 9 billion in assets across Euro, Sterling, and Global credit and aggregate products. Prior to joining Aviva in 2009, Mr. Blundell spent 10 years at ABN AMRO Asset Management (later acquired by Fortis Investments where he stayed on for a year), most recently as Head of Credit. He previously held positions at HSBC Asset Management and Morgan Grenfell Asset Management.

Literature

Literature