Fact sheet: BlackRock GF Gbl Corp Bd

Fund information
Fund name
BlackRock GF Global Corporate Bond D2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Owen Murfinsince 18/10/2007
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 globally at least 70% of its total assets in fixed income (FI) securities. These include bonds and money market instruments. At least 70% of the Fund's total assets will be issued by companies and will be investment grade at the time of purchase.
Benchmark
  • Barclays Global Agg Corporate Index, USD Hedged
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.8%
1 Year rank in sector
107/295
Sector
FO Fixed Int - Global
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.
0.66%
Fund size
£2,558m (£1,734m 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.
23
Top in this sector
Fund name1 Year
Capital Group GHIOL33.6%
Dodge & Cox Global Bond25.9%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.8%
Russell Gbl Bd22.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA44.8%
    UK9.8%
    France7.6%
    Germany3.7%
    Money Market3.4%
  • Industrials39.7%
    Financials34.4%
    Government Bonds9.5%
    Utilities5%
    Government Agency Bonds3.8%
  • US Fixed Interest44.8%
    UK Fixed Interest9.8%
    French Fixed Interest7.6%
    German Fixed Interest3.7%
    Money Market3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-3.7%-0.5%3.8%11.7%28.1%
Sector-1.8%-2.2%0.6%3.2%5.9%13.5%
Rank within sector216 / 315229 / 312198 / 307107 / 29566 / 23624 / 169
Quartile3rd3rd3rd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund4.2%-1.2%7.8%0.8%13.3%
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector108 / 299144 / 27552 / 23658 / 20632 / 171
Quartile2nd3rd1st2nd1st
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.
1.45
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.
1.17
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.
0.04
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%.
3.46
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.
1.24
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.
1.42
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.
0.89
Price movement
52 week high13.87
52 week low12.75
Current bid price-
Current offer price-
Current mid price13.33
Region
1USA44.81%
2UK9.76%
3France7.57%
4Germany3.66%
5Money Market3.36%
6Switzerland3.2%
7Italy3.18%
8Belgium3.15%
9Netherlands2.69%
Industry sector
1Industrials39.66%
2Financials34.37%
3Government Bonds9.48%
4Utilities4.96%
5Government Agency Bonds3.77%
6Money Market3.36%
7Asset/Mortgage-Backed Securities1.57%
8Exchange Traded Funds (ETF)1.37%
9Mortgage & Secured Bonds0.99%
Asset type
1US Fixed Interest44.81%
2UK Fixed Interest9.76%
3French Fixed Interest7.57%
4German Fixed Interest3.66%
5Money Market3.36%
6Swiss Fixed Interest3.2%
7Italian Fixed Interest3.18%
8Belgian Fixed Interest3.15%
9Dutch Fixed Interest2.69%
Individual holdings
1PORTUGAL (REPUBLIC OF) 4.1 02/15/20450.78%
2ISHARES $ HIGH YIELD CORPORATE BD0.74%
3ANHEUSER-BUSCH INBEV SA 3.3% BDS 01/02/23 USD10000.63%
4TURKEY (REPUBLIC OF) 10.7 02/17/20210.59%
5PORTUGAL(REPUBLIC OF) 2.875% BDS 21/07/26 EUR0.010.57%
6ARGENTINA(REPUBLIC OF) 3.875% BDS 15/01/22 USD1000000.53%
7KOREA(REPUBLIC OF) 2.25% NTS 10/12/25 KRW10000.53%
8TREASURY (CPI) NOTE 0.125 07/15/20260.53%
9ENEL FINANCE INTL NV 5.625% EMTN 14/08/24 GBP10000.51%
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 globally at least 70% of its total assets in fixed income (FI) securities. These include bonds and money market instruments. At least 70% of the Fund's total assets will be issued by companies and will be investment grade at the time of purchase.
Benchmark
  • Barclays Global Agg Corporate Index, USD Hedged
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Owen Murfin18/10/2007Owen Murfin, CFA, Managing Director, is a member of the Global Bond Team within BlackRock Fundamental Fixed Income. He is the lead portfolio manager on global credit strategies. Mr. Murfin's service with the firm dates back to 2002, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Murfin was a fixed income portfolio manager responsible for non-government securities within global aggregate and global corporate portfolios. Prior to joining MLIM, Mr. Murfin worked at Goldman Sachs Asset Management, managing global credit portfolios. Mr. Murfin earned a BSc degree in chemistry from University College London in 1997.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Brunei Darussalam, Switzerland, Chile, China, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
BlackRock GF Global Corporate Bond A2 Hedged EUR
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price12.42
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWX6
BlackRock GF Global Corporate Bond A2 Hedged SEK
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.81
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR0D
BlackRock GF Global Corporate Bond A2 Hedged SGD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10
CurrencySGD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9II
BlackRock GF Global Corporate Bond A2 USD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price12.86
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWX7
BlackRock GF Global Corporate Bond A3 Hedged AUD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price11.25
CurrencyAUD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGO2V
BlackRock GF Global Corporate Bond A3 Hedged CAD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price10.48
CurrencyCAD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGO2W
BlackRock GF Global Corporate Bond A3 Hedged GBP
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)2.23%
Bid price-
Offer price-
Mid price10.31
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGO2X
BlackRock GF Global Corporate Bond A3 Hedged NZD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.33
CurrencyNZD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGP2O
BlackRock GF Global Corporate Bond A4 Hedged EUR
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price9.11
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAWX8
BlackRock GF Global Corporate Bond A5 USD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price10.3
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGP2R
BlackRock GF Global Corporate Bond A6 Hedged HKD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price82.31
CurrencyHKD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG3BA
BlackRock GF Global Corporate Bond A6 Hedged SGD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.74
CurrencySGD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEA2O
BlackRock GF Global Corporate Bond A6 USD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price10.74
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG3BB
BlackRock GF Global Corporate Bond A8 Hedged AUD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price10.84
CurrencyAUD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF64K
BlackRock GF Global Corporate Bond A8 Hedged CNH
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.55
CurrencyCNH
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTUQ
BlackRock GF Global Corporate Bond A8 Hedged NZD
Initial charge5%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.55
CurrencyNZD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQ2K
BlackRock GF Global Corporate Bond D2 Hedged EUR
Initial charge5%
Annual charge0.45%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price12.86
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAWX9
BlackRock GF Global Corporate Bond D2 USD
Initial charge5%
Annual charge0.45%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price13.33
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAWY0
BlackRock GF Global Corporate Bond D2RF GBP
Initial charge5%
Annual charge0.45%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.36
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTUP
BlackRock GF Global Corporate Bond E2 Hedged EUR
Initial charge3%
Annual charge1.4%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price11.89
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWY1
BlackRock GF Global Corporate Bond E2 USD
Initial charge3%
Annual charge1.4%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price12.27
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWY2
BlackRock GF Global Corporate Bond I2 Hedged CAD
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.27
CurrencyCAD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQUV
BlackRock GF Global Corporate Bond I2 USD
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.17
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS5M
BlackRock GF Global Corporate Bond I4RF Hedged GBP
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.92
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8ZM
BlackRock GF Global Corporate Bond X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price13.47
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEQH1
BlackRock GF Global Corporate Bond X2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price13.92
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXX7
BlackRock GF Global Corporate Bond X4RF Hedged GBP
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price9.28
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeESH4
BlackRock GF Global Corporate Bond X8 Hedged AUD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.06
CurrencyAUD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFVXT
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.