Become a Client
BlackRock Global Funds - Euro Bond Fund A3
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 80% of its total assets in fixed income securities. 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 invested in securities that are denominated in euro. The fixed income securities may be issued by governments and, government agencies of, and companies and supranationals (e.g. the International Bank for Reconstruction and Development) domiciled in, countries inside or outside of the Eurozone. At least 80% of the Fund’s total assets 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 Barclays Euro-Aggregate 500mm+ Bond Index. Recommendation: This Fund may not be appropriate for short-term investment. Your shares will be distributing (i.e. dividend income will be paid monthly and calculated monthly on the shares). 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 22/06/202120.63
Morningstar categoryEUR Diversified Bond
Distribution statusDistributing
Inception Date01/09/2003
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge0.97% of which 0.30% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameMichael Krautzberger
Manager Start Date17/10/2005
Total Net Assets (mil)4,756.14 EUR (31/05/2021)
AdministratorBlackRock (Luxembourg) SA


en 10/03/2021
Annual Report
en 31/08/2020
Semi Annual Report
en 28/02/2021
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 year-0.05%22/06/2021
3 years2.14%22/06/2021
5 years1.45%22/06/2021
10 years3.95%22/06/2021
Since launch3.81%22/06/2021
Cumulative performance in EUR
YTD 01/01/2021-3.01
1 month0.49
3 months-0.91
6 months-3.05
Quarterly Returns
Q 1Q 2Q 3Q 4
Date ex dividendGross dividendPayment Date


Asset Allocation
% Long% Short% Net Assets
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
Sharpe Ratio
Sortino Ratio
Positive Months7.0021.0034.00
Negative Months5.0015.0026.00
Worst Month-1.75-4.56-4.56
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 Ireland5.03
Euro OAT Future June 21 08/06/2021Germany4.29
Euro Schatz Future June 21 08/06/2021Germany3.30
Long-Term Euro BTP Future June 21 08/06/2021Germany2.79
Italy (Republic Of) 1.85% 01/07/2025Italy1.76
Germany (Federal Republic Of) 4.25% 04/07/2039Germany1.58
Italy (Republic Of) 1.45% 15/11/2024Italy1.41
France (Republic Of) 1.75% 25/06/2039France1.29
Germany (Federal Republic Of) 4.75% 04/07/2040Germany1.15
Euro Buxl Future June 21 08/06/2021Germany1.10
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
Closing Price
All key information and documents must be reviewed before being able to Invest.

© 2021 MeDirect Bank (Malta) plc. All rights reserved.
MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.