Fact sheet: BlackRock Absolute Return Bond

Fund information

Fund name
BlackRock Absolute Return Bond D
Fund company manager
BlackRock
Fund type
UKA
Fund manager
Andreas Doerrenhaus
since 14/09/2015
Fund objective
The Fund aims to achieve a positive absolute return for investors regardless of market movements and, as such, the Fund will not be managed against any fixed income benchmark. The Fund will be managed with the aim of delivering absolute (more than zero) returns on a 12 month basis in any market conditions. However, an absolute return is not guaranteed over a 12 month or any period and the Fund may experience periods of negative return. The Fund's capital is at risk. The Fund primarily aims to gain investment exposure to fixed income (FI) securities, FI-related securities and money-market instruments (MMIs) issued by, or giving exposure to, companies, governments, government agencies and supranationals (i.e. the International Bank for Reconstruction and Development) worldwide. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
3m GBP LIBOR
Investment style
Absolute Return
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

3.08 %

1 Year rank in sector

45/71

Sector

UT Targeted Absolute Return

Yield

2.14

Fund size

£ 1.3 b

FE Risk score

9

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    68.75%
  • Spain
    6.89%
  • Australia
    6.83%
  • UK
    5.51%
  • France
    5.34%
  • Derivatives
    68.75%
  • Investment Grade Bonds
    25.37%
  • Asset/Mortgage-Backed Securities
    18.88%
  • Debt
    17.81%
  • High Yield Bond
    2.97%
  • Global Fixed Interest
    100.04%
  • Money Market
    0.64%
  • Alternative Investment Strategies
    -0.65%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.18 %1.1 %3.08 %2.89 %8.67 %
Sector0.4 %2.49 %5.07 %7.68 %18.8 %
Rank within sector48 / 7854 / 7745 / 7141 / 5741 / 49
Quartile th3 rd3 rd3 rd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund1.1 %1.49 %1.03 %-0.09 %2.21 %
Sector2.23 %0.97 %2.2 %2.51 %6.51 %
Rank within sector54 / 7734 / 7042 / 6449 / 5544 / 50
Quartile th3 rd2 nd3 rd4 th4 th

Risk statistics

Alpha-0.22
Beta0.47
Sharpe-0
Volatility1.4
Tracking error1.46
Information ratio-1.08
R-Squared0.34

Price movement

52 week high110.5
52 week low106.7
Current bid price110.3
Current offer price110.7
Current mid price0

Holdings by region

  • 68.75% Others
  • 6.89% Spain
  • 6.83% Australia
  • 5.51% UK
  • 5.34% France
  • 4% Korea
  • 3.5% China
  • 2.78% Japan
  • 2.21% Sweden
  • 1.9% Germany

Holdings by sector

  • 68.75% Derivatives
  • 25.37% Investment Grade Bonds
  • 18.88% Asset/Mortgage-Backed Securities
  • 17.81% Debt
  • 2.97% High Yield Bond
  • 0.64% Money Market
  • 0.05% Others
  • -34.45% Government Bonds

Holdings by asset type

  • 100.04% Global Fixed Interest
  • 0.64% Money Market
  • -0.65% Alternative Investment Strategies

Individual holdings

  • 3.25% SPAIN(KINGDOM OF) 1.5% NTS 30/04/27 EUR1000
  • 2.71% FNMA 15YR TBA(REG B) 2.5 06/19/2017
  • 1.99% ISHARES EM LCL GVT BND ETF $ DIST
  • 1.36% ITALY (REPUBLIC OF) 1.3 05/15/2028
  • 1.33% ITALY (REPUBLIC OF) 0.45 05/22/2023
  • 1.14% ANHEUSER-BUSCH INBEV SA/NV 2.25% NTS 24/05/29 GBP1000
  • 1.1% SPAIN(KINGDOM OF) 2.35% NTS 30/07/33 EUR1000
  • 0.93% BUNDESSCHATZANWEISUNGEN 0% 12/18
  • 0.78% ECARA_8 A REGS
  • 0.71% TURBF_7 A1 REGS