BlackRock Global Funds - Global Government Bond Fund A2 Acc USD

貝萊德全球基金 - 環球政府債券基金 A2類 Acc 美元

LU0006061385

Risk Rating: Level 2

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

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Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

0.75%

HKD4,000.00Min. Subscription

USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

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*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+1.81%
3 mth
+1.90%
6 mth
+0.64%
1 yr
+8.60%
3 yr
+13.52%
5 yr
+15.68%

Analytical Figures (3 years)

Annualized Return
+4.32%
Annualized Volatility
+2.96%
Sharpe Ratio
+0.86

Fund Information

Fund Houses
BlackRock Asset Management North Asia Limited
Launch Date
1987-05-13
Fund Manager
Scott Thiel
Aidan Doyle
Manager Start Date
Scott Thiel (Start Date: 2011-10-01)
Aidan Doyle(Start Date: 2017-10-01)
Geographical Focus
Global
Asset Class/ Sector
Fixed Income - Investment grade sovereign
Risk Rating
Risk Level 2

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2020-01-30)
USD 825,349,239.554
Management Fee
0.75%
Latest Dividend
USD 0.042400 (2001-09-27)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

0.75%

HKD4,000.00Min. Subscription

USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2001-09-270.042400
1998-01-010.600000
1997-01-010.660000
1996-01-010.550000
1995-04-230.600000
1994-04-180.600000
1993-04-180.530000
1992-04-260.500000
1991-06-170.410000
1990-06-280.550000
1989-12-070.150000
1988-12-220.400000
1988-06-160.300000

Investment Objective

To maximise total return by investing at least 70% of the Fund’s assets in investment grade* bonds issued by governments/authorities worldwide.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk
factors.
1. Investment Risks
The Fund is an investment fund. The Fund’s investment portfolio may fall in value due to any of the risk factors below and therefore your investment in the Fund may suffer losses.
2. Credit Risks
The Fund may be exposed to the credit/default risk of bonds that it invests in. In the event of bankruptcy or default of an issuer, the Fund may experience losses and incur costs.
The actual or perceived downgrading of a rated debt security or its issuers could decrease its value and liquidity, and may have an adverse impact on the Fund, however, the Fund may continue to hold it to avoid a distressed sale.
3. Interest Rate Risks
An increase in interest rates may adversely affect the value of the bonds held by the Fund.
4. Sovereign Debt Risks
Investment in bonds issued or guaranteed by governments or authorities may involve political, economic, default, or other risks, which may in turn have an adverse impact on the Fund. Due to these factors, the sovereign issuers may not be able or willing to repay the principal and/or interest when due.
Holders of defaulting sovereign debt may be requested to participate in the restructuring of such debt. In addition, there may be limited legal recourses available against the sovereign issuer in case of failure of or delay in repayment.
The Fund may have exposure to Eurozone sovereign debts. In light of the fiscal conditions of certain European countries, the Fund may be subject to a number of increased risks arising from a potential crisis in the Eurozone (such as volatility, liquidity, price and currency risks). The performance of the Fund could deteriorate should there be any adverse events in the Eurozone (e.g. downgrade of sovereign credit ratings, default of one or more European countries, or even break-up of the Eurozone).
5. Currency Risks
The Fund may invest in assets denominated in a currency other than the base currency of the Fund. Changes in exchange rates between such currency and the base currency and changes in exchange rate controls may adversely affect the value of the Fund’s assets.
The Investment Adviser may utilise techniques and instruments (e.g. currency overlays) in relation to currencies other than the base currency with the aim of generating positive returns.
Any active currency management techniques implemented by the Fund may not be correlated with the underlying securities held by the Fund. As a result, the Fund may suffer significant losses even if there is no loss to the value of the underlying securities held by the Fund.
6. Delayed Delivery Transactions Risks
TBAs may involve counterparty default risk and a risk that the agreed (fixed) price is higher than the prevailing market price at the settlement date. These may have an adverse impact on the value of the Fund.
7. Derivatives Risks
In an adverse situation, if the use of derivatives for hedging and efficient portfolio management becomes ineffective, the Fund may suffer significant losses.
8. Securities Lending Risks
When engaging in securities lending, the Fund will have a credit risk exposure to the counterparties to any securities lending contract. Fund investments can be lent to counterparties over a period of time. A default by the counterparty combined with a fall in the value of the collateral below that of the value of the securities lent may result in a reduction in the value of the Fund.

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