Fact sheet: BL Global Bond

Fund information
Fund name
BL Global Bond A Dis
Fund manager company
Banque de Luxembourg
Fund type
Offshore Fund
Fund manager
  • Jean-Philippe Dongesince 01/01/2003
Fund objective
Protection of capital and a reward exceeding a monetary investment in EUR
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.6%
1 Year rank in sector
54/60
Sector
FO Fixed Int - EUR Investment Grade
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.77%
Fund size
£167m (£150m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
63
Top in this sector
Fund name1 Year
Capital Group EBdFL25%
Russell IC II Euro FI24.6%
Robeco Inv Grd Corp Bds8.9%
Fidelity Core Euro Bond8.6%
Robeco Gbl Mult-Fact Cred8.3%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1.2%2.1%3.6%7.7%12.7%
Sector-0%1.7%3.4%7%16.9%38.1%
Rank within sector27 / 6038 / 6053 / 6054 / 6052 / 5646 / 48
Quartile2nd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund3.2%0.9%3.4%-1.1%4.3%
Sector5.8%-0.2%8.9%3.4%15.2%
Rank within sector53 / 6015 / 5954 / 5745 / 5146 / 48
Quartile4th2nd4th4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.99
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.29
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
1.61
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.58
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-1.1
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.32
Price movement
52 week high309.34
52 week low300.53
Current bid price-
Current offer price-
Current mid price308.98
Region
1International94.34%
2Money Market5.66%
Industry sector
No data available.
Asset type
1Global Fixed Interest94.34%
2Money Market5.66%
Individual holdings
1DEUTSCHLAND 2013 1.5% 15-02-202310.09%
2POLAND(REPUBLIC OF) 4% NTS 23/03/21 EUR10007.1%
3OESTERREICH 2013 1.75% 20-10-20236.89%
4DEUTSCHLAND 2010 3% 04-07-20206.78%
5NETHERLANDS(KINGDOM OF) 4% MTN 15/07/18 EUR16.46%
Management
Fund manager group
No data available.
Fund manager company
Banque de Luxembourg
Fund type
Offshore Fund
Fund objective
Protection of capital and a reward exceeding a monetary investment in EUR
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Jean-Philippe Donge01/01/2003Following his Master’s degree in Business Engineering from the Louvain School of Management in Belgium, Jean-Philippe joined Banque de Luxembourg’s Asset Management department in 2001. Three years in the Financial Analysis department convinced him of his ambition to become a fund manager. In 2003, he moved into portfolio management and currently he manages the bond funds of the BL-funds range, including BL-Global Bond, which has won a string of awards in Europe, including best euro-denominated bond fund in Europe.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
BL Global Bond A Dis
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price308.98
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBC31
BL Global Bond AI Dis
Initial charge5%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.08
CurrencyEUR
Price updated22/01/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMKS
BL Global Bond B Cap
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price703.87
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBC30
BL Global Bond BI Cap
Initial charge5%
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price108.19
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4UU
Data provided by

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