Fact sheet: BlackRock GF Eu Corp Bd

Fund information
Fund name
BlackRock GF Euro Corporate Bond D2 EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Jozef Prokessince 01/01/2015
  • Tom Mondelaerssince 30/07/2009
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 which are denominated in euro.
Benchmark
  • BofA Merrill Lynch Euro Corporate Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4%
1 Year rank in sector
7/64
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.
0.62%
Fund size
£1,636m (£675m last year)
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX20.4%
Russell IC II Euro FI19.7%
Capital Group EBdFL18%
Pimco GIS Euro Income Bond5.3%
Robeco Gbl Mult-Fact Cred4.2%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • France21%
    USA15.8%
    UK8.9%
    Germany8.8%
    Italy8.5%
  • Industrials44.1%
    Financials30%
    Utilities6%
    Government Bonds6%
    Government Agency Bonds5.4%
  • French Fixed Interest21%
    US Fixed Interest15.8%
    UK Fixed Interest8.9%
    German Fixed Interest8.8%
    Italian Fixed Interest8.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2%0.8%4%13.9%34.2%
Sector-1.6%-3.1%-0.5%2.4%12%34.7%
Rank within sector15 / 6411 / 649 / 647 / 6420 / 618 / 48
Quartile1st1st1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund4.2%0.8%8.3%2.7%13.5%
Sector2.8%-0.2%8.9%3.4%15.2%
Rank within sector7 / 6418 / 6339 / 6112 / 526 / 48
Quartile1st2nd3rd1st1st
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.
1.34
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.
0.29
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%.
2.91
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.
1.37
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.
0.4
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.
0.84
Price movement
52 week high16.92
52 week low15.74
Current bid price-
Current offer price-
Current mid price16.56
Region
1France21.04%
2USA15.8%
3UK8.87%
4Germany8.8%
5Italy8.47%
6Spain6.18%
7Netherlands5.47%
8Switzerland4.14%
9Money Market4.02%
Industry sector
1Industrials44.14%
2Financials29.97%
3Utilities5.98%
4Government Bonds5.97%
5Government Agency Bonds5.39%
6Money Market4.02%
7Mortgage & Secured Bonds2.46%
8Exchange Traded Funds (ETF)1.22%
9Asset/Mortgage-Backed Securities0.75%
Asset type
1French Fixed Interest21.04%
2US Fixed Interest15.8%
3UK Fixed Interest8.87%
4German Fixed Interest8.8%
5Italian Fixed Interest8.47%
6Spanish Fixed Interest6.18%
7Dutch Fixed Interest5.47%
8Swiss Fixed Interest4.14%
9Money Market4.02%
Individual holdings
1ITALY(REPUBLIC OF) 1.5% BDS 01/08/19 EUR10002.11%
2ISHARES III PLC – ISHARES CORE EURO CORPORATE BOND UCITS ETF REGISTERED-UNITS1.12%
3ANHEUSER-BUSCH INBEV NV MTN REGS 2.75 03/17/20360.98%
4CREDIT AGRICOLE (LONDON) 0.75% MTN 01/12/22 EUR1000000.94%
5DEUTSCHE TELEKOM INTERNATIONAL FIN MTN REGS 0.625 04/03/20230.92%
6VERIZON COMMUNICATIONS INC 1.375% BDS 02/11/28 EUR1000000.82%
7ASML HOLDING NV REGS 1.375 07/07/20260.76%
8COMPAGNIE DE SAINT GOBAIN SA MTN 4.75 04/11/20170.76%
9EVONIK FINANCE B.V 0.375% BDS 07/09/24 EUR10000.74%
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 which are denominated in euro.
Benchmark
  • BofA Merrill Lynch Euro Corporate Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jozef Prokes01/01/2015Jozef Prokes, Director, is a member of Global/Non-US Portfolio Team within BlackRock's Fixed Income Portfolio Management Group, focusing on covered bonds. Before joining BlackRock in 2010, he held a trading position at Credit Agricole - CIB and a portfolio management role at National Bank of Slovakia. He began his career as an asset and liability manager at CSOB bank (KBC group) in 2006. Mr. Prokes earned a Bc degree and a graduate degree from Comenius University in Bratislava, both in 2007.
Tom Mondelaers30/07/2009Tom Mondelaers, Managing Director, is a member of the Global/Non-Dollar Portfolio Team within BlackRock's Fixed Income Portfolio Management Group, focusing on European credit portfolios.Mr. Mondelaers' service with the firm dates back to 2005, including his time with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. He became part of the fixed income team at MLIM after the acquisition of Philips Investment Management in September 2005. Prior to joining Philips 2002, he worked at AXA Investment Managers and AXA Bank NV.Mr. Mondelaers earned an MSc degree in applied economics from the University of Leuven, Belgium, in 1995, and an MBA degree from Manchester Business School in 2002.
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, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Mauritius, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden
BlackRock GF Euro Corporate Bond A1 EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price13.18
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZT52
BlackRock GF Euro Corporate Bond A2 EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price16.02
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZT53
BlackRock GF Euro Corporate Bond A2 Hedged CHF
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.84
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC00O
BlackRock GF Euro Corporate Bond A2 Hedged GBP
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.88
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC00P
BlackRock GF Euro Corporate Bond A2 Hedged USD
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.91
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC00Q
BlackRock GF Euro Corporate Bond A3 EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price12.95
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZT46
BlackRock GF Euro Corporate Bond C2 EUR
Initial charge-
Annual charge2.05%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.36%
Bid price-
Offer price-
Mid price13.55
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZT50
BlackRock GF Euro Corporate Bond D2 EUR
Initial charge5%
Annual charge0.4%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.57%
Bid price-
Offer price-
Mid price16.56
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEGA2
BlackRock GF Euro Corporate Bond D2 Hedged CHF
Initial charge5%
Annual charge0.4%
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 price9.86
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC00R
BlackRock GF Euro Corporate Bond D2 Hedged GBP
Initial charge5%
Annual charge0.4%
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 price9.9
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC00S
BlackRock GF Euro Corporate Bond D2 Hedged USD
Initial charge5%
Annual charge0.4%
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 price9.93
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC00T
BlackRock GF Euro Corporate Bond D3 EUR
Initial charge5%
Annual charge0.4%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.95
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF2HZ
BlackRock GF Euro Corporate Bond E2 EUR
Initial charge3%
Annual charge1.3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price14.98
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZT51
BlackRock GF Euro Corporate Bond E5 EUR
Initial charge3%
Annual charge1.3%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price13.83
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIRK2
BlackRock GF Euro Corporate Bond I2 EUR
Initial charge-
Annual charge0.4%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.39
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7KB
BlackRock GF Euro Corporate Bond I2 Hedged CHF
Initial charge-
Annual charge0.4%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.86
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC00U
BlackRock GF Euro Corporate Bond I2 Hedged GBP
Initial charge-
Annual charge0.4%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.91
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC00V
BlackRock GF Euro Corporate Bond I5 EUR
Initial charge-
Annual charge0.4%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.87
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1GC
BlackRock GF Euro Corporate Bond X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price17.34
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEQH2
Data provided by

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