Fact sheet: BlackRock SF Gbl AR Bd

Fund information
Fund name
BlackRock SF Global Absolute Return Bond A2
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Ian Winshipsince 24/05/2012
  • Andreas Doerrenhaussince 13/09/2015
Fund objective
The Fund aims to achieve positive absolute returns on your investment through a combination of capital growth and income regardless of market conditions. The Fund seeks to gain at least 70% of any investment exposure to fixed income (FI) securities and FI-related securities issued by, or giving exposure to, governments, government agencies, companies and supranationals worldwide. This is achieved by investing at least 70% of its total assets in FI securities, FIrelated securities, and where appropriate, deposits and cash. FI securities include bonds as well as money market instruments. FI-related securities include financial derivative instruments (FDIs). At any one time, a substantial amount, or even all of the Fund's assets may be held as cash to provide cover for the exposure created by the use of FDIs or to assist in achieving its investment objective.
Benchmark
  • 3 month EURIBOR
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-0%
1 Year rank in sector
65/131
Sector
FO Absolute Return
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.
1.33%
Fund size
£536m (£643m 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.
65
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd15.5%
SW Mitchell Emerging European13.7%
Pictet Scv II Dyn Ass Alloc9.8%
Polar Capital UK Abs Eq9.5%
Orbis Optimal SA9.3%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • Others96.9%
    UK18.7%
    Money Market14.1%
    Spain3.7%
    Australia3%
  • Derivatives97%
    Mortgage & Secured Bonds16.9%
    Money Market14.1%
    Debt9.9%
    High Yield Bond2.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.1%1.1%-0%0.3%-
Sector-0%-0.6%0.5%-0.3%2.6%9.5%
Rank within sector72 / 14058 / 14047 / 13865 / 13150 / 83-
Quartile3rd2nd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.3%-0.5%1.5%-
Sector0.1%0.7%1.2%3.6%3.9%
Rank within sector67 / 13147 / 11558 / 8748 / 70-
Quartile3rd2nd3rd3rd
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.
-0.29
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.
0.65
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%.
1.5
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.
1.11
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.
0.64
Price movement
52 week high104.1
52 week low101.67
Current bid price-
Current offer price-
Current mid price103.77
Region
1Others96.92%
2UK18.67%
3Money Market14.14%
4Spain3.69%
5Australia2.97%
6China2.01%
7India1.81%
8Portugal1.63%
9Luxembourg1.44%
Industry sector
1Derivatives96.97%
2Mortgage & Secured Bonds16.92%
3Money Market14.14%
4Debt9.91%
5High Yield Bond2.14%
6Others0.06%
7Investment Grade Bonds-8.46%
8Government Bonds-31.63%
Asset type
No data available.
Individual holdings
1FGOLD 30YR TBA(REG A) 4 11/14/20162.41%
2FNMA 30YR TBA(REG A) 3.5 11/14/20161.87%
3TREASURY NOTE (OLD) 1.125 09/30/20211.24%
4TAURS_13-GMF1 A REGS1.08%
5ITALY(REPUBLIC OF) 2.8% BDS 01/03/67 EUR10000.98%
6TREASURY NOTE (OTR) 1.5 08/15/20260.92%
7TREASURY (CPI) NOTE 1 02/15/20460.91%
8LAN_14-2X 1A REGS0.89%
9FRANCE(GOVT OF) 0.1% NTS 01/03/21 EUR10.85%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve positive absolute returns on your investment through a combination of capital growth and income regardless of market conditions. The Fund seeks to gain at least 70% of any investment exposure to fixed income (FI) securities and FI-related securities issued by, or giving exposure to, governments, government agencies, companies and supranationals worldwide. This is achieved by investing at least 70% of its total assets in FI securities, FIrelated securities, and where appropriate, deposits and cash. FI securities include bonds as well as money market instruments. FI-related securities include financial derivative instruments (FDIs). At any one time, a substantial amount, or even all of the Fund's assets may be held as cash to provide cover for the exposure created by the use of FDIs or to assist in achieving its investment objective.
Benchmark
  • 3 month EURIBOR
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ian Winship24/05/2012Ian Winship graduated from the University od Strathclyde in 1985 with a BA (Hons) in Economics and Marketing. He joined the fixed income team in 1997, as a fund manager, responsible for a number of fixed income portfolios managed on behalf of UK clients. in addition he has responsibility for research in the European markets. Previously, he has managed bond portfolios for Murray Johnstone, Hill Samuel Asset Managers and more recently was responsible for fixed Income portfolios and research at Scottish Amicable Investment Managers.
Andreas Doerrenhaus13/09/2015Andreas Doerrenhaus Andr, Director, is Head of the Global Unconstrained Credit strategies in Europe and portfolio manager for the Global Unconstrained fixed income team. He is a member of BlackRock's Global Unconstrained Bond Committee and Absolute Return Risk Allocation Committee. Prior to joining BlackRock in 2010, Mr. Doerrenhaus worked as a Credit portfolio manager at Deutsche Bank Group - Deutsche Asset Management. Before joining Deutsche Bank he worked as a banker for Commerzbank AG and as a consultant for KPMG Consulting. Mr. Doerrenhaus earned a Diplom-Kaufmann degree in finance and international management from the Katholische Universitaet Eichstaett (WFI).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
BlackRock SF Global Absolute Return Bond A2
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price103.77
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1ZR
BlackRock SF Global Absolute Return Bond A2 Hedged SEK
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price1015.94
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5OE
BlackRock SF Global Absolute Return Bond A2 Hedged USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.58
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCZH
BlackRock SF Global Absolute Return Bond D2 Hedged CHF
Initial charge5%
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.04
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1PV
BlackRock SF Global Absolute Return Bond I2
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.67
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFORZ
BlackRock SF Global Absolute Return Bond I2 Hedged SEK
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1012.49
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOS5
BlackRock SF Global Absolute Return Bond X2
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price109.98
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG1ZS
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.