Skip to content
Welcome to the BlackRock site for wealth managers
Before you proceed, please take a moment to review and accept the following Terms and Conditions.
This site is designed for Professional Investors resident in South Africa. We define "Professional Investors" as those who have the appropriate expertise and knowledge e.g. asset managers, distributors and financial intermediaries. You should not use this site if you do not fall within this category.
Filter list by keyword
Show More
Show Less
to
of
Total
Sorry, no data available.
Overview
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.
Performance
Performance
Chart
Performance chart data not available for display.
Distributions
| Ex-Date | Total Distribution |
|---|
-
Returns
This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.
During this period performance was achieved under circumstances that no longer apply
*On , the Fund changed its name and/or investment objective and policy..
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | 11.0 | 0.8 | 3.3 | 0.5 | 0.4 | 6.1 | 4.0 | -2.9 | -17.1 | 7.0 |
| Benchmark (%) | 11.1 | 1.0 | 3.3 | 0.7 | 0.4 | 6.0 | 4.0 | -2.9 | -17.2 | 7.2 |
Missing calendar year returns data
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
| From 30-Sept-2019 To 30-Sept-2020 |
From 30-Sept-2020 To 30-Sept-2021 |
From 30-Sept-2021 To 30-Sept-2022 |
From 30-Sept-2022 To 30-Sept-2023 |
From 30-Sept-2023 To 30-Sept-2024 |
|
|---|---|---|---|---|---|
|
Total Return (%)
as of 30-Sept-24 |
0.54 | -1.23 | -16.42 | -0.90 | 9.19 |
|
Benchmark (%)
as of 30-Sept-24 |
0.45 | -1.06 | -16.65 | -0.63 | 9.22 |
| 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|
| Total Return (%) | 7.17 | -3.20 | -1.63 | 0.42 | 1.21 |
| Benchmark (%) | 7.17 | -3.10 | -1.57 | 0.48 | 1.29 |
Missing average annual returns data
| YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | 3.60 | 2.14 | 2.40 | 5.22 | 7.17 | -9.30 | -7.88 | 4.26 | 14.89 |
| Benchmark (%) | 3.72 | 1.96 | 2.44 | 5.35 | 7.17 | -9.02 | -7.60 | 4.93 | 15.86 |
Missing cumulative returns 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
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
Key Facts
Key Facts
Net Assets of Fund
as of 10-Dec-24
EUR 177,219,175
Fund Launch Date
28-May-13
Fund Base Currency
EUR
Benchmark Index
BBG Euro Aggregate Index (EUR)
Initial Charge
5.00%
Management Fee
0.05%
Performance Fee
0.00%
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
EUR Diversified Bond
Dealing Frequency
Daily, forward pricing basis
SEDOL
B93RYH5
Share Class launch date
28-May-13
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.08%
ISIN
LU0916238545
Distribution Frequency
Semi-Annual
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGIEAN7
Portfolio Characteristics
Portfolio Characteristics
Number of Holdings
as of 29-Nov-24
1291
Standard Deviation (3y)
as of 30-Nov-24
7.13%
Yield to Maturity
as of 29-Nov-24
2.68
Weighted Average YTM
as of 29-Nov-24
2.66%
Weighted Avg Maturity
as of 29-Nov-24
7.81
12 Month Trailing Dividend Distribution Yield
as of 30-Nov-24
2.09
3y Beta
as of 30-Nov-24
0.976
Modified Duration
as of 29-Nov-24
6.44
Effective Duration
as of 29-Nov-24
6.52
WAL to Worst
as of 29-Nov-24
7.81
Sustainability Characteristics
Sustainability Characteristics
Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.
The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodologies behind Sustainability Characteristics using the links below.
MSCI ESG Fund Rating (AAA-CCC)
as of 21-Nov-24
A
MSCI ESG Quality Score (0-10)
as of 21-Nov-24
6.81
Fund Lipper Global Classification
as of 21-Nov-24
Bond EUR
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of 21-Nov-24
92.01
MSCI ESG % Coverage
as of 21-Nov-24
98.19
MSCI ESG Quality Score - Peer Percentile
as of 21-Nov-24
39.21
Funds in Peer Group
as of 21-Nov-24
278
MSCI Weighted Average Carbon Intensity % Coverage
as of 21-Nov-24
35.77
All data is from MSCI ESG Fund Ratings as of 21-Nov-24, based on holdings as of 30-Jun-24. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.
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.
Business Involvement
Business Involvement
Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodology behind the Business Involvement metrics, using links below.
MSCI - Controversial Weapons
as of 29-Nov-24
0.00%
MSCI - Nuclear Weapons
as of 29-Nov-24
0.05%
MSCI - Civilian Firearms
as of 29-Nov-24
0.05%
MSCI - Tobacco
as of 29-Nov-24
0.23%
MSCI - UN Global Compact Violators
as of 29-Nov-24
0.00%
MSCI - Thermal Coal
as of 29-Nov-24
0.06%
MSCI - Oil Sands
as of 29-Nov-24
0.00%
Business Involvement Coverage
as of 29-Nov-24
33.48%
Percentage of Fund not covered
as of 29-Nov-24
66.52%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.18% and for Oil Sands 0.25%.
Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.
Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.
Risk Indicator
Risk Indicator
1
2
3
4
5
6
7
Low Risk
High Risk
Typically low rewards
Typically high rewards
Ratings
Ratings
Morningstar Medalist Rating
Morningstar has awarded the Fund a Gold medal. (Effective 31-Oct-24)
Analyst-Driven %
as of 31-Oct-24
100.00
Data Coverage %
as of 31-Oct-24
100.00
Holdings
Holdings
as of 29-Nov-24
| Name | Weight (%) |
|---|---|
| FRANCE (REPUBLIC OF) 0 02/25/2026 | 0.92 |
| FRANCE (REPUBLIC OF) 0.5 05/25/2026 | 0.75 |
| FRANCE (REPUBLIC OF) 2.75 10/25/2027 | 0.56 |
| FRANCE (REPUBLIC OF) 0.75 02/25/2028 | 0.50 |
| FRANCE (REPUBLIC OF) 5.5 04/25/2029 | 0.43 |
| Name | Weight (%) |
|---|---|
| FRANCE (REPUBLIC OF) 2.5 05/25/2030 | 0.41 |
| FRANCE (REPUBLIC OF) 0 11/25/2029 | 0.39 |
| FRANCE (REPUBLIC OF) 2.5 09/24/2026 | 0.39 |
| ITALY (REPUBLIC OF) 5.25 11/01/2029 | 0.38 |
| FRANCE (REPUBLIC OF) 0.75 05/25/2028 | 0.38 |
Holdings subject to change
Exposure Breakdowns
Exposure Breakdowns
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 | Distribution Frequency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
|---|---|---|---|---|---|---|---|---|---|
| Class N7 | EUR | Semi-Annual | 100.11 | 0.05 | 0.05 | 10-Dec-24 | 100.11 | 95.29 | LU0916238545 |
| Class D2 | EUR | - | 97.93 | 0.05 | 0.05 | 10-Dec-24 | 97.93 | 92.27 | LU1811365375 |
| Class X2 | EUR | None | 116.41 | 0.06 | 0.05 | 10-Dec-24 | 116.41 | 109.58 | LU0826455353 |
| Class A2 | EUR | None | 110.15 | 0.05 | 0.05 | 10-Dec-24 | 110.15 | 103.98 | LU0836513423 |
Portfolio Managers
Portfolio Managers
Lizi Nicol
Literature
Literature
Important Information
Review the MSCI methodology behind the Sustainability Characteristics and Business Involvement metrics: 1ESG Fund Ratings; 2Index Carbon Footprint Metrics; 3Business Involvement Screening Research; 4ESG Screened Index Methodology; 5ESG Controversies; 6MSCI Implied Temperature Rise
For funds with an investment objective that include the integration of ESG criteria, there may be corporate actions or other situations that may cause the fund or index to passively hold securities that may not comply with ESG criteria. Please refer to the fund’s prospectus for more information. The screening applied by the fund's index provider may include revenue thresholds set by the index provider. The information displayed on this website may not include all of the screens that apply to the relevant index or the relevant fund. These screens are described in more detail in the fund’s prospectus, other fund documents, and the relevant index methodology document.
Certain information contained herein (the “Information”) has been provided by MSCI ESG Research LLC, a RIA under the Investment Advisers Act of 1940, and may include data from its affiliates (including MSCI Inc. and its subsidiaries (“MSCI”)), or third party suppliers (each an “Information Provider”), and it may not be reproduced or redisseminated in whole or in part without prior written permission. The Information has not been submitted to, nor received approval from, the US SEC or any other regulatory body. The Information may not be used to create any derivative works, or in connection with, nor does it constitute, an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Some funds may be based on or linked to MSCI indexes, and MSCI may be compensated based on the fund’s assets under management or other measures. MSCI has established an information barrier between equity index research and certain Information. None of the Information in and of itself can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. Neither MSCI ESG Research nor any Information Party makes any representations or express or implied warranties (which are expressly disclaimed), nor shall they incur liability for any errors or omissions in the Information, or for any damages related thereto. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited.
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 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 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. Certain developing countries are especially large debtors to commercial banks and foreign governments. Investment in debt obligations (sovereign debt) issued or guaranteed by developing governments or their agencies involve a high degree of risk.
Explore more
About Us
Products
Themes
ETFs & Indexing
Education
© 2024 BlackRock, Inc. All rights reserved.