Fact sheet: BlackRock GF Asian Lcl Bd

Fund information
Fund name
BlackRock GF Asian Local Bond D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Dong Chan Leesince 30/04/2016
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 70% of its total assets in fixed income securities denominated in local currencies of Asian countries excluding Japan. These include bonds and money market instruments.
Benchmark
  • Markit iBoxx ALBI Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.9%
1 Year rank in sector
20/27
Sector
FO Fixed Int - Asia Pacific
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.
0.81%
Fund size
£19m (£19m 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.
78
Top in this sector
Fund name1 Year
Aberdeen Gbl AsLCuShDuBd19.5%
Fidelity Asian Hi Yd13.1%
Eastspring Inv AHYBd10.3%
Ashmore Emg Mkts Asian CorpDebt8.7%
Matthews Asia Credit Opps7.4%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

  • India19.5%
    Korea12.8%
    Singapore12.6%
    Indonesia11.5%
    Malaysia9.6%
  • Government Bonds73.3%
    Government Guaranteed11.9%
    Corporate Bonds11%
    Money Market3.8%
  • Indian Fixed Interest19.5%
    South Korean Fixed Interest12.8%
    Singapore Fixed Interest12.6%
    Indonesian Fixed Interest11.5%
    Malaysian Fixed Interest9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4%-7.3%-2.8%2.9%3.5%-
Sector-2.5%-3.6%0.2%4.5%6.7%14.4%
Rank within sector24 / 2925 / 2923 / 2920 / 2713 / 23-
Quartile4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.9%-3.3%4.1%-7.4%-
Sector5%-2%3.7%-3.3%11.1%
Rank within sector20 / 2717 / 2513 / 2318 / 22-
Quartile3rd3rd3rd4th
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.
-2.04
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.
1.37
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%.
6.44
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.
2.76
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.
-0.49
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.
0.88
Price movement
52 week high10.76
52 week low9.54
Current bid price-
Current offer price-
Current mid price9.96
Region
1India19.47%
2Korea12.84%
3Singapore12.57%
4Indonesia11.51%
5Malaysia9.57%
6Thailand7.49%
7China7.32%
8Philippines5.9%
9Sri Lanka4.48%
Industry sector
1Government Bonds73.31%
2Government Guaranteed11.88%
3Corporate Bonds10.97%
4Money Market3.84%
Asset type
1Indian Fixed Interest19.47%
2South Korean Fixed Interest12.84%
3Singapore Fixed Interest12.57%
4Indonesian Fixed Interest11.51%
5Malaysian Fixed Interest9.57%
6Thai Fixed Interest7.49%
7Chinese Fixed Interest7.32%
8Philippine Fixed Interest5.9%
9Asia Pacific Emerging Fixed Interest4.48%
Individual holdings
1SINGAPORE (REPUBLIC OF) 2 07/01/20204.98%
2MALAYSIA 4.07% BDS 30/09/26 MYR100004.29%
3SRI LANKA(REPUBLIC OF) 8% BDS 15/11/18 LKR100004.21%
4INDIABULLS HOUSING FIN LTD 8.567% BDS 15/10/19 INR1000003.62%
5INDIA(GOVERNMENT OF) 8.2% BDS 24/09/25 INR100003%
6BANK OF KOREA 1.25% BDS 02/08/18 KRW100002.92%
7SINGAPORE(GOVT OF) 3% BDS 01/09/24 SGD10002.83%
8INDONESIA(REPUBLIC OF) 6.125% BDS 15/05/28 IDR10000002.56%
9RANTAU ABANG CAPITAL BHD 4.3% MTN 03/12/20 MYR10002.4%
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 70% of its total assets in fixed income securities denominated in local currencies of Asian countries excluding Japan. These include bonds and money market instruments.
Benchmark
  • Markit iBoxx ALBI Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Dong Chan Lee30/04/2016Dong Chan has been with the firm since 2008 and has been an integral member of the Asia fixed income team having worked very closely with Joel, and is currently responsible for Asia macro decisions across multiple portfolios.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Brunei Darussalam, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
BlackRock GF Asian Local Bond A2
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price9.89
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code13D7
BlackRock GF Asian Local Bond A3
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price8.77
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code13D9
BlackRock GF Asian Local Bond A6
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price8.15
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code13D8
BlackRock GF Asian Local Bond A6 Hedged HKD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price65.76
CurrencyHKD
Price updated13/10/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG3AZ
BlackRock GF Asian Local Bond D2 USD
Initial charge5%
Annual charge0.5%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price9.96
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGLUU
BlackRock GF Asian Local Bond I2 USD
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.74
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3JK
BlackRock GF Asian Local Bond X2
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price12.77
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG1BP
BlackRock GF Asian Local Bond X2RF
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price13.47
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG1BO
BlackRock GF Asian Local Bond X6 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price8.54
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF1PM
Data provided by

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