Fact sheet: BlackRock GF Chn Bd

Fund information

Fund name
BlackRock GF China Bond D2 USD
Fund company manager
BlackRock (Luxembourg) S.A.
Fund type
SIB
Fund manager(s)
Artur Piasecki
since 01/05/2016
Fund objective
The China Bond Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in fixed income transferable securities denominated in Renminbi or other non-Chinese domestic currencies issued by entities exercising the predominant part of their economic activity in the PRC through recognised mechanisms including but not limited to the Chinese Interbank Bond Market, the on exchange bond market, quota system and/ or through onshore of offshore issuances and/or any future developed channels. The Fund may invest without limit in the PRC. The Fund may invest in the full spectrum of permitted fixed income transferable securities and fixed income related securities, including non-investment grade (limited to 50% of total assets). Currency exposure is flexibly managed.
Benchmark
Markit iBoxx ALBI China Offshore Index (No Multipler)
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

16.26 %

1 Year rank in sector

1/26

Sector

FO Fixed Int - Other Single Currency

Yield
-
Fund size

£ 546.1 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    59.26%
  • Money Market
    10.16%
  • Hong Kong
    9.23%
  • Korea
    5.75%
  • Mongolia
    2.99%
  • Corporate Bonds
    43.64%
  • Government Guaranteed
    25.06%
  • Government Bonds
    21.14%
  • Money Market
    10.16%
  • Chinese Fixed Interest
    89.84%
  • Money Market
    10.16%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.86 %8.47 %16.26 %18.94 %24.21 %
Sector0.86 %2.5 %5.37 %6.67 %11.98 %
Rank within sector1 / 272 / 261 / 263 / 202 / 14
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20182017201620152014
Fund2.21 %16.79 %-1.23 %-1.38 %1.4 %
Sector0.45 %5.8 %2.04 %-0.92 %4.25 %
Rank within sector2 / 271 / 2618 / 2611 / 2012 / 16
Quartile th1 st1 st3 rd3 rd3 rd

Risk statistics

Alpha0.73
Beta1.67
Sharpe0.14
Volatility6.56
Tracking error5.54
Information ratio0.37
R-Squared0.34

Price movement

52 week high13.44
52 week low11.49
Current bid price0
Current offer price0
Current mid price13.44

Holdings by region

  • 59.26% China
  • 10.16% Money Market
  • 9.23% Hong Kong
  • 5.75% Korea
  • 2.99% Mongolia
  • 1.81% Thailand
  • 1.73% Indonesia
  • 1.67% Australia
  • 1.64% Japan
  • 1.34% India

Holdings by sector

  • 43.64% Corporate Bonds
  • 25.06% Government Guaranteed
  • 21.14% Government Bonds
  • 10.16% Money Market

Holdings by asset type

  • 89.84% Chinese Fixed Interest
  • 10.16% Money Market

Individual holdings

  • 3.34% CHINA (PEOPLES REPUBLIC OF) REGS 3.8 05/22/2021
  • 3.26% CHINA GOVERNMENT BOND 2.48% 01/12/2020
  • 3.22% CHINA (PEOPLES REPUBLIC OF) 3.48 06/29/2027
  • 3.17% FUBON BANK (HONG KONG) LTD 3.36% BDS 21/05/22 CNY500000
  • 3.03% CHINA PEOPLES REPUBLIC OF (GOVERNM REGS 3.6 06/27/2028
  • 2.73% EXPORT-IMPORT BANK OF CHINA REGS 4.15 06/18/2027
  • 2.6% MONGOLIA 7.5% BDS 30/06/18 CNY1000000
  • 2.35% FUQING INVESTMENT MGMT LTD 4.85% NTS 21/07/18 CNY1000000
  • 2.32% IT LTD. REGS 6.25 05/15/2018
  • 2.09% FUBON BANK (HONG KONG) LTD 4.2% BDS 19/01/27 CNY1000000