BlackRock Global Funds - Euro Bond Fund A2 Acc EUR

貝萊德全球基金 - 歐元債券基金 A2 類Acc 歐元

LU0050372472

Risk Rating: Level 4

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

On HolidayComplex

Dealing Information

Secure Transaction

Derivatives knowledge required

HKD4,000.00Min. Subscription

0.75%

HKD4,000.00Min. Subscription

EUR

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
-0.88%
3 mth
-1.39%
6 mth
+3.75%
1 yr
+7.40%
3 yr
+8.36%
5 yr
+13.65%

Analytical Figures (3 years)

Annualized Return
+2.71%
Annualized Volatility
+2.79%
Sharpe Ratio
+0.99

Fund Information

Fund Houses
BlackRock Asset Management North Asia Limited
Launch Date
1994-03-30
Fund Manager
Michael Krautzberger
Manager Start Date
Michael Krautzberger (Start Date: 2005-10-17)
Geographical Focus
Europe
Asset Class/ Sector
Fixed Income - Hybrid
Risk Rating
Risk Level 4

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-10-30)
EUR 5,517,820,955.728
Management Fee
0.75%
Latest Dividend
EUR 0.045100 (2001-09-27)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge required

HKD4,000.00Min. Subscription

0.75%

HKD4,000.00Min. Subscription

EUR

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (EUR)
2001-09-270.045100
1998-01-011.100000
1997-01-011.100000
1996-01-011.000000
1995-04-230.700000

Investment Objective

To maximise total return by investing at least 70% of the Fund’s assets in bonds denominated in Euro, and at least 80% in investment grade* bonds.

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. Derivatives Risks
Risks associated with derivatives include counterparty/credit risk, liquidity risk, valuation risk,volatility risk and market risk. The leverage effect of derivatives can result in a loss significantly greater than the amount invested and extensive exposure to derivatives may lead to a significant loss by the Fund.
Certain derivatives such as derivatives on currencies, inflation and indices may be uncorrelated with the underlying securities held by the Fund. In this regard the Fund may suffer significant losses notwithstanding that there may be no loss in respect of the underlying securities positions (predominantly fixed income securities) held by the Fund.
7. Geographical Concentration Risks
The Fund’s investments are concentrated in Europe. This may result in greater volatility than more broad-based investments. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting Europe.
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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