Fact sheet: BlackRock GF $ Core Bd

Fund information
Fund name
BlackRock GF US Dollar Core Bond D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Rick Reidersince 31/07/2010
  • Bob Millersince 01/11/2011
Fund objective
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.
Benchmark
  • Bloomberg Barclays Capital US Aggregate Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.9%
1 Year rank in sector
24/48
Sector
FO Fixed Int - USD 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.
0.69%
Fund size
£499m (£499m last year)
Top in this sector
Fund name1 Year
Blackrock Gbl Infltn Lkd Bd $6.2%
Nikko AM Asia Credit5.3%
Principal GIF PrefSec4.5%
Pimco GIS GblInvGrCr4.5%
Invesco GblInvGrCorpBd4.3%
...more in FO Fixed Int - USD Investment Grade

Performance snapshot

Holdings snapshot

  • USA108.1%
    Cayman Islands1.6%
    Brazil1.3%
    Mexico0.9%
    Belgium0.8%
  • Asset/Mortgage-Backed Securities31.1%
    Investment Grade Bonds27.4%
    Government Bonds25.1%
    Mortgage & Secured Bonds13.3%
    Local Government Bonds6.3%
  • US Fixed Interest84%
    US Government Fixed Interest25.1%
    US Corporate Fixed Interest0.3%
    Alternative Investment Strategies-1.3%
    Money Market-8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-3%-0.7%1.9%8.7%17.7%
Sector-2.2%-2.8%-0.2%2.7%8.8%20.5%
Rank within sector26 / 5420 / 5229 / 5224 / 4814 / 4516 / 40
Quartile2nd2nd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.5%-0.2%6.5%-1%7.8%
Sector3.5%-0.7%6%-1.1%10.1%
Rank within sector23 / 4823 / 4714 / 4512 / 4415 / 40
Quartile2nd2nd2nd2nd2nd
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.
0.71
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.
0.79
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.
-
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%.
2.53
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.
1.49
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.
-0.02
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.
0.7
Price movement
52 week high32.66
52 week low30.8
Current bid price-
Current offer price-
Current mid price31.6
Region
1USA108.14%
2Cayman Islands1.59%
3Brazil1.32%
4Mexico0.91%
5Belgium0.84%
6Switzerland0.76%
7UK0.65%
8Canada0.6%
9Argentina0.48%
Industry sector
1Asset/Mortgage-Backed Securities31.06%
2Investment Grade Bonds27.36%
3Government Bonds25.13%
4Mortgage & Secured Bonds13.34%
5Local Government Bonds6.3%
6Fixed Interest3.11%
7Others2.73%
8High Yield Bond0.28%
9Banks0.07%
Asset type
1US Fixed Interest83.97%
2US Government Fixed Interest25.13%
3US Corporate Fixed Interest0.28%
4Alternative Investment Strategies-1.31%
5Money Market-8.07%
Individual holdings
1UNITED STATES TREASURY17.07%
2FEDERAL NATIONAL MORTGAGE ASSOCIATION10.78%
3FEDERAL HOME LOAN MORTGAGE CORPORATION - GOLD6.35%
4GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II6.16%
5MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)0.87%
6GOVERNMENT NATIONAL MORTGAGE ASSOCIATION I0.85%
7BANK OF NEW YORK MELLON CORP0.8%
8GNMA2 30YR TBA(REG C) 3 05/23/20160.7%
9VERIZON COMMUNICATIONS INC0.66%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
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.
Benchmark
  • Bloomberg Barclays Capital US Aggregate Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Rick Reider31/07/2010Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Fundamental Fixed Income, Co-head of Americas Fixed Income and a member of the Executive Committee of the firm-wide Alpha Strategy business, and is a member of BlackRock's Global Operating Committee. Before joining BlackRock in 2009, Mr. Rieder was President and Chief Executive Officer of R3 Capital Partners. He served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury. Mr. Rieder is currently a member of the Federal Reserve Bank of New York's Investment Advisory Committee on Financial Markets, and was recently elected as the 2013 inductee into the Fixed Income Analysts Society Fixed Income Hall of Fame. From 1987 to 2008, Mr. Rieder was with Lehman Brothers, most recently as head of the firm's Global Principal Strategies team, a global proprietary investment platform. He was also global head of the firm's credit businesses, Chairman of the Corporate Bond and Loan Capital Commitment Committee, and a member of the Board of Trustees for the corporate pension fund. Before joining Lehman Brothers, Mr. Rieder was a credit analyst at SunTrust Banks in Atlanta. Mr. Rieder earned a BBA degree in Finance from Emory University in 1983 and an MBA degree from The Wharton School of the University of Pennsylvania in 1987. He is a member of the board of Emory University, Emory's Business School, and the University's Investment Committee and is the Vice Chairman of the Finance Committee, and founder and chairman of the business school's BBA investment fund and community financial literacy program. Mr. Rieder serves as Chairman of the Board of North Star Academy's nine Charter Schools in Newark, New Jersey and is the Founder and Chairman of the Board of Graduation Generation Public School Collaboration in Atlanta. He is a Trustee for the US Olympic Committee, and on the board of advisors for the Hospital for Special Surgery. He serves on the National Leaderhip Council of the Communities in Schools Educational Foundation and the boards of Big Brothers/Big Sisters of Newark and Essex County and the Newark Youth Foundation.
Bob Miller01/11/2011Bob Miller, Managing Director, is a member of the Multi-Sector Mutual Fund team within BlackRock Fundamental Fixed Income Portfolio Management Group. He is a portfolio manager of BlackRock's Core Bond, Total Return, and Strategic Income Opportunities Funds. Prior to joining BlackRock in 2011, Mr. Miller was a Co-Founder and Partner at the Round Table Investment Management Company, a multi-strategy, research-based investment company, where he managed a global macro strategy. Previously, Mr. Miller spent 20 years at Bank of America, where he served in a variety of roles, most recently as senior portfolio manager for the bank's proprietary multi-asset class investment portfolio. Mr. Miller managed global equity and credit, global interest rate derivative, and sovereign debt portfolios during his tenure at Bank of America. Mr. Miller is a Trustee of Davidson College, a member of the Executive Committee and Chairman of the Investment Committee. He is also actively involved with the Davidson July Experience program. Mr. Miller is a Trustee and past Chairman of the Board at Trinity Episcopal School in Charlotte, N.C. He earned a BA degree in economics from Davidson College in 1984.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Brunei Darussalam, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Gibraltar, Greece, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Mauritius, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden, Taiwan - Province Of China
BlackRock GF US Dollar Core Bond A1 USD
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price16.68
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMO84
BlackRock GF US Dollar Core Bond A2 USD
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price30.79
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXM80
BlackRock GF US Dollar Core Bond A3 USD
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price16.68
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeYG48
BlackRock GF US Dollar Core Bond A6 Hedged GBP
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.61
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC0PV
BlackRock GF US Dollar Core Bond A6 Hedged HKD
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.89
CurrencyHKD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC0YS
BlackRock GF US Dollar Core Bond C1 USD
Initial charge-
Annual charge2.1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)2.31%
Bid price-
Offer price-
Mid price15.69
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXM84
BlackRock GF US Dollar Core Bond C2 USD
Initial charge-
Annual charge2.1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price24.14
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXM83
BlackRock GF US Dollar Core Bond D2 USD
Initial charge5%
Annual charge0.45%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price31.6
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLIW8
BlackRock GF US Dollar Core Bond D2RF Hedged GBP
Initial charge5%
Annual charge0.45%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.15
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1JA
BlackRock GF US Dollar Core Bond D3 USD
Initial charge5%
Annual charge0.45%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price16.68
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNJM5
BlackRock GF US Dollar Core Bond E2 USD
Initial charge3%
Annual charge1.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price28.48
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYG49
BlackRock GF US Dollar Core Bond I2 USD
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.12
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR0I
Data provided by

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