Fact sheet: BlackRock GF Gbl Govt Bd

Fund information
Fund name
BlackRock GF Global Government Bond D USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Scott Thielsince 30/09/2011
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 globally at least 70% of its total assets in fixed income securities. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
  • Citigroup World Government Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.1%
1 Year rank in sector
146/296
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.
0.62%
Fund size
£668m (£589m last year)
Top in this sector
Fund name1 Year
Capital Group GHIOL31%
Dodge & Cox Global Bond25.5%
HSBC GIF Gbl AsBk Bd24.3%
CG Real Return23.4%
SKAGEN Tellus22.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Japan21.9%
    USA17.1%
    UK13.4%
    France8.7%
    Italy6.3%
  • Government Bonds67.4%
    Corporate Bonds11.2%
    Mortgage & Secured Bonds9.8%
    Government Guaranteed9.1%
    Money Market2.4%
  • Japanese Fixed Interest21.9%
    US Fixed Interest17.1%
    UK Fixed Interest13.4%
    French Fixed Interest8.7%
    Italian Fixed Interest6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-3.1%-1%2.1%11.4%22.6%
Sector-2%-2.2%0.8%2.6%5.6%13.8%
Rank within sector178 / 316197 / 313222 / 308146 / 29662 / 23745 / 169
Quartile3rd3rd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.8%0.4%8.2%1.5%6.6%
Sector3.8%-1.6%3.7%-1.6%8.2%
Rank within sector154 / 30069 / 27644 / 23746 / 20695 / 171
Quartile3rd1st1st1st3rd
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.
2.22
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.
0.07
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%.
3.04
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.
2.15
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.
0.85
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.
0.53
Price movement
52 week high29.55
52 week low27.65
Current bid price-
Current offer price-
Current mid price28.46
Region
1Japan21.92%
2USA17.06%
3UK13.37%
4France8.65%
5Italy6.29%
6Germany5.95%
7Canada3.46%
8Spain3.39%
9Portugal2.47%
Industry sector
1Government Bonds67.41%
2Corporate Bonds11.22%
3Mortgage & Secured Bonds9.8%
4Government Guaranteed9.13%
5Money Market2.44%
Asset type
1Japanese Fixed Interest21.92%
2US Fixed Interest17.06%
3UK Fixed Interest13.37%
4French Fixed Interest8.65%
5Italian Fixed Interest6.29%
6German Fixed Interest5.95%
7Canadian Fixed Interest3.46%
8Spanish Fixed Interest3.39%
9Portuguese Fixed Interest2.47%
Individual holdings
1TREASURY NOTE 1.375 10/31/20205.63%
2FRANCE(GOVT OF) 0.5% BDS 25/05/25 EUR13.61%
3JAPAN(GOVERNMENT OF) 0.3% BDS 20/03/18 JPY500002.77%
4JAPAN(GOVERNMENT OF) 1% BDS 20/09/21 JPY1000 3182.46%
5JAPAN GOVT CPI LINKED 2.1% BDS 20/12/27 JPY100000001.84%
6GERMANY(FEDERAL REPUBLIC OF) 0.25% BDS 11/10/19 EUR0.011.78%
7JAPAN(GOVERNMENT OF) 1% BDS 20/09/20 JPY50000 SRS 3101.77%
8JAPAN(GOVERNMENT OF) 0.1% BDS 15/02/18 JPY50000`361`1.74%
9JAPAN(GOVERNMENT OF) 0.5% BDS 20/09/36 JPY50000144A1.26%
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 securities. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
  • Citigroup World Government Bond
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Scott Thiel30/09/2011Scott Thiel, Managing Director, is BlackRock's Deputy Chief Investment Officer of Fixed Income, Fundamental Portfolios, and Head of European and & Global Bonds. He is a member of the Fixed Income Executive Committee and the EMEA Executive Committee. Mr. Thiel is a member of BlackRock's Leadership Committee. Prior to joining BlackRock in 2002, Mr. Thiel was a Vice President at Goldman Sachs & Co. During his thirteen years there, he was responsible for developing strategies in both US and international interest rate and derivative markets for institutional money managers. Mr. Thiel earned a BA degree in American history from Princeton University in 1987.
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, Guernsey, 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 Global Government Bond A1 Hedged EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price18.88
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABR6
BlackRock GF Global Government Bond A1 USD
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price20.08
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXM51
BlackRock GF Global Government Bond A2 Hedged EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price25.74
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeABR3
BlackRock GF Global Government Bond A2 USD
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price27.82
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWB42
BlackRock GF Global Government Bond A3 Hedged EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price18.72
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABQ0
BlackRock GF Global Government Bond A3 Hedged GBP
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.71
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC0YQ
BlackRock GF Global Government Bond A3 Hedged HKD
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.13
CurrencyHKD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC0YR
BlackRock GF Global Government Bond A3 USD
Initial charge5%
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price20.12
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeYG29
BlackRock GF Global Government Bond C1 Hedged EUR
Initial charge-
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price18.01
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABR8
BlackRock GF Global Government Bond C1 USD
Initial charge-
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price18.94
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXM90
BlackRock GF Global Government Bond C2 Hedged EUR
Initial charge-
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price20.51
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeABR5
BlackRock GF Global Government Bond C2 USD
Initial charge-
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price22.13
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXM89
BlackRock GF Global Government Bond C3 USD
Initial charge-
Annual charge2%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price19.87
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeYG69
BlackRock GF Global Government Bond D USD
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)0.63%
Bid price-
Offer price-
Mid price28.46
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKYW9
BlackRock GF Global Government Bond D2 Hedged 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)0.62%
Bid price-
Offer price-
Mid price26.66
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBNB8
BlackRock GF Global Government Bond D3 Hedged EUR
Initial charge5%
Annual charge0.4%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price18.74
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF33I
BlackRock GF Global Government Bond D3 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)0.63%
Bid price-
Offer price-
Mid price20.14
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF33J
BlackRock GF Global Government Bond E2 Hedged EUR
Initial charge3%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price23.55
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBNB9
BlackRock GF Global Government Bond E2 USD
Initial charge3%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price25.56
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMV52
BlackRock GF Global Government Bond X2 Hedged EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.65
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFL8G
BlackRock GF Global Government Bond X2 Hedged SEK
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.42
CurrencySEK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1GE
Data provided by

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