BlackRock Global Funds - Euro Corporate Bond Fund A2 EUR
BlackRock Global Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents

Fund Profile

Category: SICAV

The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its total assets in fixed income securities which are denominated in euro. These include bonds and money market instruments (i.e. debt securities with short term maturities). At least 70% of the Fund’s total assets will be issued by companies whether domiciled in countries inside or outside of the Eurozone and will be investment grade (i.e. meet a specified level of credit worthiness) at the time of purchase. The remainder may include investments with a relatively low credit rating or which are unrated. For the purpose of managing currency exposure, the investment adviser (IA) may use investment techniques (which may include the use of financial derivative instruments (FDIs)) to protect the value of the Fund, in whole or part, or enable the Fund to profit from changes in currency exchange rates against the base currency of the Fund. FDIs are investments the prices of which are based on one or more underlying assets. The IA may use FDIs to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The IA has discretion to select the Fund's investments and in doing so may take into consideration the BofA Merrill Lynch Euro Corporate Index. Recommendation: This Fund may not be appropriate for short-term investment. Your shares will be non-distributing (i.e. dividend income will be included in their value). Your shares will be denominated in Euro, the Fund's base currency. You can buy and sell your shares daily. The minimum initial investment for this share class is US$5,000 or currency equivalent. For more information on the Fund, share/unit classes, risks and charges, please see the Fund's prospectus, available on the product pages at

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
Lower Risk
Possible Lower
Higher Risk
Possible Higher
Key Information
Closing Price 04/12/202017.85
Morningstar categoryEUR Corporate Bond
Distribution statusAccumulating
Inception Date31/07/2006
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.02% of which 0.32% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameTom Mondelaers
Manager Start Date01/07/2009
Total Net Assets (mil)3,534.61 EUR (30/06/2020)
AdministratorBank of New York Mellon S.A./N.V.


en 21/09/2020
Annual Report
en 31/08/2019
Semi Annual Report
en 21/09/2020
Morningstar Report


Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year2.53%03/12/2020
3 years2.33%03/12/2020
5 years2.84%03/12/2020
10 years3.97%03/12/2020
Since launch3.35%03/12/2020
Cumulative performance in EUR
YTD 01/01/20202.35
1 month1.13
3 months1.83
6 months5.13
Quarterly Returns
Q 1Q 2Q 3Q 4

Asset Allocation
% Long% Short% Net Assets
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
Sharpe Ratio
Sortino Ratio
Positive Months9.0020.0036.00
Negative Months3.0016.0024.00
Worst Month-6.82-6.82-6.82
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Blk Ics Eur As Liq Envirally Awr Agcy D Ireland5.14
Apple Inc. 2.55% 20/08/2060United States0.96
ING Groep N.V. 2.12% 26/05/2031Netherlands0.75
Argenta Spaarbank NV 1% 06/02/2024Belgium0.72
Chorus Ltd 1.12% 18/10/2023New Zealand0.66
Takeda Pharmaceutical Company Limited 2% 09/07/2040Japan0.63
Shell International Finance B.V. 0.5% 08/11/2031Netherlands0.60
Becton, Dickinson and Company 1.4% 24/05/2023United States0.58
KBC Groupe SA 0.12% 10/09/2026Belgium0.56
Bank of America Corporation 0.81% 09/05/2026United States0.55
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Fixed Income Style
Interest Rate Sensitivity
Credit Quality
Closing Price
All key information and documents must be reviewed before being able to Invest.