Fact sheet: BlackRock SF Gbl AR Bd

Fund information

Fund name
BlackRock SF Global Absolute Return Bond A2
Fund company manager
BlackRock (Luxembourg) S.A.
Fund type
SIB
Fund manager
Andreas Doerrenhaus
since 14/09/2015
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
EURIBOR 3 Month
Investment style
Absolute Return
Investment method
Fixed Interest

Quick stats

1 Year return

1.23 %

1 Year rank in sector

84/140

Sector

FO Absolute Return

Yield
-
Fund size

£ 644.5 m

FE Risk score

76

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    29.1%
  • EU
    22.26%
  • UK
    16.38%
  • USA
    4.99%
  • China
    4.47%
  • Investment Grade Bonds
    44.53%
  • Mortgage & Secured Bonds
    29.97%
  • Derivatives
    29.1%
  • Debt
    16.4%
  • Money Market
    4.4%
  • Global Fixed Interest
    94.75%
  • Money Market
    5.36%
  • Alternative Investment Strategies
    -0.08%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.45 %1.09 %1.26 %1.02 %3.21 %
Sector0.25 %1.17 %2.58 %3.19 %9.6 %
Rank within sector62 / 15678 / 15384 / 14056 / 9946 / 65
Quartile th2 nd3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund1.21 %0.14 %0.31 %-0.46 %1.51 %
Sector2.29 %0.66 %0.69 %1.2 %3.58 %
Rank within sector96 / 14873 / 13049 / 11261 / 8747 / 70
Quartile th3 rd3 rd2 nd3 rd3 rd

Risk statistics

Alpha-0.42
Beta0.65
Sharpe-0
Volatility1.46
Tracking error1.09
Information ratio-0.74
R-Squared0.64

Price movement

52 week high104.99
52 week low103.35
Current bid price0
Current offer price0
Current mid price104.99

Holdings by region

  • 29.1% Others
  • 22.26% EU
  • 16.38% UK
  • 4.99% USA
  • 4.47% China
  • 4.4% Money Market
  • 4.1% Japan
  • 2.63% Spain
  • 2.21% Korea
  • 2.09% Thailand

Holdings by sector

  • 44.53% Investment Grade Bonds
  • 29.97% Mortgage & Secured Bonds
  • 29.1% Derivatives
  • 16.4% Debt
  • 4.4% Money Market
  • 3.06% High Yield Bond
  • 0.17% Others
  • -27.61% Government Bonds

Holdings by asset type

  • 94.75% Global Fixed Interest
  • 5.36% Money Market
  • -0.08% Alternative Investment Strategies

Individual holdings

  • 9.59% FNMA 15YR TBA(REG B) 2.5 09/18/2017
  • 5.24% FNMA 30YR TBA(REG A) 3.5 09/13/2017
  • 3.53% FNMA 30YR TBA(REG A) 4.5 10/12/2017
  • 3.43% FNMA 30YR TBA(REG A) 4.5 09/13/2017
  • 2.62% FGOLD 30YR TBA(REG A) 3.5 09/13/2017
  • 2.48% ISHARES JPM EM LCAL GVT BD ETF DST
  • 1.4% EUROPEAN FINANCIAL STABILITY FACILT 1.8% MTN 10/07/48 EUR1000
  • 1.16% GNMA2 30YR TBA(REG C) 4 10/23/2017
  • 1.1% BUONI POLIENNALI DEL TES 2.05% BDS 01/08/27 EUR1000
  • 0.91% OATH_1 A REGS