BlackRock Global Funds -Euro Bond A2 EUR
Sub-fund of BlackRock Global Funds (SICAV domiciled in Luxembourg)
Fund is the popular name for UCI (Undertaking for Collective Investment). A UCI is an undertaking that brings together several investors and invests their deposited money in various investment products, such as stocks, bonds, cash, etc., in order to spread the risk.
Before you proceed with investing, you must read and evaluate the KIID and prospectus. The KIID sets out the objectives, investment policy, risks and benefits, and costs and past performance of the fund.
Source NAV www.beama.be
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 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. The investment adviser (IA) may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to achieve the investment objective of the Fund, and/or 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 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 www.blackrock.com

Risk Profile
Significant risks that are not adequately reflected in the profile:

Credit risk
The fund can invest in bonds and/or shares. The issuers of these bonds and/or shares may become insolvent, thus the value of the bonds and/or shares may be lost in full or in part.
Liquidity risk
The fund may invest in securities that are not easily tradable on a stock exchange or similar market.
Counterparty risk
If a fund counterparty becomes insolvent, it can no longer, or only partially, pay outstanding obligations.
Derivatives risk
The fund can enter into derivative transactions. The increased profit opportunities that arise, could also involve greater risks of loss.

You will find all other risks associated with this fund in the prospectus.
Morningstar Rating
More information about the calculation of the Morningstar Ratings
Silver
Silver
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Key Information
Closing Price 29/09/2020 31.10
Morningstar category EUR Diversified Bond
Currency EUR
Distribution status Capitalizing
ISIN LU0050372472
Inception Date 31/03/1994
Maturity date Unlimited
Management strategy (vs benchmark) Active
Minimum initial amount 100.00 EUR
Fees And Charges
Entry fee None
Tax on entry None
Custody fees None
Tax on returns
Yes, 30% on fixed income part of the fund
Tax on dividend N/A
Exit fee None
Tax on exit 1.32 (max. 4,000.00 EUR per fund)
Ongoing charge 0.97% of which 0.30% is paid to MeDirect
Fund management company
Address BlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager Name Michael Krautzberger
Manager Start Date 17/10/2005
Website www.blackrock.com
Total Net Assets (mil) 5,127.23 EUR (30/06/2020)
UCITS Yes
Administrator Bank of New York Mellon S.A./N.V.

Legal Documents

It is possible that this fund applies swing pricing. Please consult the prospectus for more information.
Should you have any complaints, you may contact Compliance Officer MeDirect, Keizerinlaan 66, 1000 Brussel or via complaints@medirect.be or Ombudsfin, Ombudsman for financial disputes, North Gate II, Koning Albert II – laan 8 bus 2, 1000 Brussel or via ombudsman@ombudsfin.be

Performance

Historical returns returns and the evolution of the NAV 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.
Sales charges (like entry- and exit fees ) and taxes are not included in the calculation of past performance. Management fees, administrative fees and other costs taken out of the fund assets have been taken in to account, as they are already included in the NAV.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year0.42%28/09/2020
3 years2.90%28/09/2020
5 years2.54%28/09/2020
10 years3.90%28/09/2020
Since launch5.00%28/09/2020
Cumulative performance in EUR
Performance
YTD 01/01/20202.64
1 month0.91
3 months1.64
6 months5.07
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-2.68%3.87%--
20192.56%2.84%2.72%-2.13%
20180.63%-0.90%-0.59%0.18%
2017-0.81%0.64%0.60%0.63%
20162.39%1.56%1.29%-2.10%

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond90.24%0.02%90.21%
Cash8.73%0.74%7.99%
Other1.80%0.00%1.80%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
6.024.093.62
Sharpe Ratio
-0.100.700.77
Sortino Ratio
-0.131.021.12
Positive Months6.0019.0035.00
Negative Months5.0016.0024.00
Worst Month-4.57-4.57-4.57
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 Ireland7.42
Germany (Federal Republic Of) 4.25% 04/07/2039Germany1.80
France (Republic Of) 1.75% 25/06/2039France1.42
Italy (Republic Of) 1.45% 15/11/2024Italy1.29
Italy (Republic Of) 1.3% 15/05/2028Italy1.06
Italy (Republic Of) 0.05% 15/04/2021Italy0.95
Germany (Federal Republic Of) 4.75% 04/07/2040Germany0.90
Japan (Government Of) 0.1% 10/03/2028Japan0.89
Spain (Kingdom of) 2.75% 31/10/2024Spain0.89
Union Nationale Interprofessionnelle Pour L Emploi Dans L Industries Et Le 25/05/2028France0.82
It is possible that some UCI presented in the portfolio are not offered in Belgium, please verify with our client service
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
All key information and documents must be reviewed before being able to Invest.