BlackRock Global Funds - Global Corporate Bond Fund A5 USD

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Performance History30/09/2024
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Funds - Global Corporate Bond Fund A5 USD
Fund4.7-1.2-4.12.9-0.1
+/-Cat-0.2-1.1-1.10.5-0.1
+/-B’mrk-0.1-1.0-0.40.00.1
 
Key Stats
NAV
11/10/2024
 USD 10.40
Day Change -0.18%
Morningstar Category™ Global Corporate Bond - USD Hedged
ISIN LU0825403933
Fund Size (Mil)
30/09/2024
 USD 1828.89
Share Class Size (Mil)
11/10/2024
 USD 1.25
Max Initial Charge 5.00%
Ongoing Charge
09/02/2023
  1.12%
Morningstar Research
Analyst Report11/06/2024
Elbie Louw, Senior Analyst
Morningstar, Inc

In January 2023, Blackrock announced the departure of co-portfolio manager Stephan Bassas effective March 31, 2023, and that Daniel Chen and Max Heufner will join lead manager Tom Mondelaers and Michael Krautzberger here going forward. Despite...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process24
Performance
Price
Investment Objective: BlackRock Global Funds - Global Corporate Bond Fund A5 USD
The Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in investment grade corporate fixed income securities issued by companies worldwide. Currency exposure is flexibly managed.
Returns
Trailing Returns (GBP)11/10/2024
YTD1.36
3 Years Annualised0.24
5 Years Annualised0.07
10 Years Annualised4.10
12 Month Yield 3.43
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Daniel Chen
31/03/2023
Max Heufner
01/03/2023
Inception Date
05/09/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Bloomberg Gbl Agg Corp 0901 TR Hdg USDMorningstar Gbl Corp Bd GR Hdg USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  BlackRock Global Funds - Global Corporate Bond Fund A5 USD31/08/2024
Fixed Income
Effective Maturity8.44
Effective Duration6.02
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.005.53-5.53
Bond122.4710.78111.69
Property0.000.000.00
Cash217.27221.17-3.90
Other1.744.01-2.26

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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