BlackRock Global Funds - Fixed Income Global Opportunities Fund A2 EUR Hedged
BlackRock Global Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

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 globally at least 70% of its total assets in fixed income securities. These include bonds and money market instruments (i.e. debt securities with short term maturities). The fixed income securities are denominated in various currencies and may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development). The Fund may invest in the full range of fixed income securities which 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 Fund may invest up to 100% of its total assets in asset-backed and mortgage-backed securities (i.e. financial securities backed by cash flows from debt). For further details please see the prospectus. 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. 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). The Fund’s base currency is US Dollar. Shares for this class are bought and sold in Euro. The performance of your shares may be affected by this currency difference. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the base currency of the Fund. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. 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 www.blackrock.com

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Silver
Silver
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 07/07/20209.98
Morningstar categoryGlobal Flexible Bond
CurrencyEUR
Distribution statusAccumulating
ISINLU0278453476
Inception Date31/01/2007
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.22% of which 0.40% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameRick Rieder
Manager Start Date14/05/2013
Websitewww.blackrock.com
Total Net Assets (mil)8,233.44 EUR (31/12/2019)
UCITSYes
AdministratorBank of New York Mellon S.A./N.V.

Documents

Prospectus
en 31/12/2019
Annual Report
en 31/08/2019
Semi Annual Report
en 29/02/2020
Morningstar Report
08/07/2020

Performance

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-0.20%06/07/2020
3 years-0.03%06/07/2020
5 years0.20%06/07/2020
10 years1.96%06/07/2020
Since launch1.91%06/07/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-0.50
1 month0.61
3 months5.06
6 months-0.70
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-7.09%6.66%--
20191.66%1.53%0.10%0.50%
2018-0.50%-1.50%-0.61%-1.43%
20170.81%0.50%0.90%-0.20%
2016-1.13%0.62%1.34%0.20%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock2.30%0.27%2.03%
Bond85.46%0.90%84.56%
Cash22.15%11.35%10.80%
Other2.62%0.01%2.61%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
9.235.414.31
Sharpe Ratio
0.060.070.13
Sortino Ratio
0.070.080.16
Positive Months6.0016.0028.00
Negative Months6.0020.0032.00
Worst Month-7.55-7.55-7.55
World Regions
Region%
United States1.69
Asia - Developed0.15
Eurozone0.09
Asia - Emerging0.04
Latin America0.02
United Kingdom0.01
Canada0.00
Middle East0.00
Stock Sector Weighting
Sector% of Equity
Technology0.85
Consumer Cyclical
0.42
Financial Services0.31
Communication Services0.16
Healthcare0.06
Consumer Defensive
0.06
Utilities0.03
Industrials0.03
Real Estate0.00
Basic Materials0.00
Energy0.00
Top 10 Holdings
HoldingSectorCountry% of Assets
Federal National Mortgage Association 2.5% 14/07/2020United States8.77
Japan (Government Of) 0% 22/06/2020Japan5.00
Federal National Mortgage Association 4.5% 11/06/2020United States4.80
United States Treasury Notes 0.5% 15/04/2024United States3.50
Federal National Mortgage Association 4.5% 14/07/2020United States2.92
Federal National Mortgage Association 2.5% 13/08/2020United States2.53
United States Treasury Notes 1.5% 31/08/2021United States1.62
United States Treasury Notes 0.12% 15/10/2024United States1.48
United States Treasury Notes 1.5% 30/09/2021United States1.08
Government National Mortgage Association 4% 22/06/2020United States0.99
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
9.98
Closing Price
All key information and documents must be reviewed before being able to Invest.