Overview
Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
The value of your investment and the income from it will vary and your initial investment amount is not guaranteed.
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
The Fund uses derivatives as part of its investment strategy including the establishment of both ‘long’ and ‘synthetic short’ positions and the creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The Manager employs a risk management process to oversee and manage derivative exposure within the Fund. However, the use of derivatives in this manner may have the effect of increasing the overall risk profile of the Fund. Investors should understand that the Fund is not guaranteed to produce a positive return and as an absolute return product, performance may not move in line with general market trends or fully benefit from a positive market environment.
Performance
Performance
Chart
-
Returns
This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | -0.1 | 1.0 | 1.5 | 2.7 | -1.6 | 2.7 | 4.9 | -1.3 | 0.8 | 1.2 |
| Comparator Benchmark 1 (%) | 0.5 | 0.6 | 0.5 | 0.4 | 0.7 | 0.8 | 0.3 | 0.1 | 1.4 | 4.7 |
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
| 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|
| Total Return (%) | 7.25 | 2.94 | 2.38 | 1.75 | 1.81 |
| Comparator Benchmark 1 (%) | 5.25 | 3.62 | 2.24 | 1.41 | 1.23 |
| YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | 5.94 | 0.89 | 1.32 | 4.32 | 7.25 | 9.09 | 12.48 | 18.92 | 26.67 |
| Comparator Benchmark 1 (%) | 4.78 | 0.39 | 1.23 | 2.54 | 5.25 | 11.26 | 11.74 | 15.05 | 17.47 |
| 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/2024 |
3.48 | 2.58 | -3.69 | 0.72 | 9.09 |
|
Comparator Benchmark 1 (%)
as of 30/Sept/2024 |
0.48 | 0.06 | 0.73 | 4.06 | 5.30 |
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 GBP, hedged share class benchmark performance is displayed in GBP.
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
Portfolio Characteristics
Portfolio Characteristics
ESG Integration
ESG Integration
Risk Indicator
Risk Indicator
Ratings
Ratings
Holdings
Holdings
| Name | Weight (%) |
|---|---|
| BSF EM FLEXI DYNAMIC BD FD X2 USD | 5.42 |
| BSF Em Mrkts Shrt Dur Bd Fd X2 USD | 2.36 |
| NATWEST GROUP PLC MTN RegS 3.622 08/14/2030 | 2.07 |
| BABCOCK INTERNATIONAL GROUP PLC MTN RegS 1.875 10/05/2026 | 1.40 |
| FORD MOTOR CREDIT COMPANY LLC MTN 4.535 03/06/2025 | 1.27 |
| Name | Weight (%) |
|---|---|
| JAPAN (GOVERNMENT OF) 30YR #81 1.6 12/20/2053 | 1.20 |
| TRATON FINANCE LUXEMBOURG SA MTN RegS 5.625 01/16/2029 | 1.08 |
| BANCO SANTANDER SA MTN RegS 3.125 10/06/2026 | 0.98 |
| VOLKSWAGEN INTERNATIONAL FINANCE N MTN RegS 4.002 03/27/2026 | 0.97 |
| BP CAPITAL MARKETS PLC NC6 RegS 3.25 12/31/2079 | 0.91 |
Exposure Breakdowns
Exposure Breakdowns
Portfolio Managers
Portfolio Managers
Managing Director, is Head of the Fundamental Sterling Team within BlackRock's Global Fixed Income (GFI) Group.
