BlackRock Global Funds - Emerging Markets Local Currency Bond Fund A6 GBP Hedged

Performance History31/01/2020
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Funds - Emerging Markets Local Currency Bond Fund A6 GBP Hedged
Fund-12.4-14.39.4-1.3
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
18/02/2020
 GBP 8.15
Day Change -0.24%
Morningstar Category™ Other Bond
IA (formerly IMA) Sector -
ISIN LU1408528302
Fund Size (Mil)
31/01/2020
 USD 4007.61
Share Class Size (Mil)
18/02/2020
 GBP 8.14
Max Initial Charge 5.00%
Ongoing Charge
10/02/2020
  1.28%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

BlackRock Emerging Markets Local Currency bond fund benefits from a solid process, but its significant drawdown over 2018 is at odds with the supposedly defensive nature of the process. The fund’s recent woes have been driven by only a handful of...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentPositive
ProcessNeutral
PerformanceNeutral
PriceNegative
Investment Objective: BlackRock Global Funds - Emerging Markets Local Currency Bond Fund A6 GBP Hedged
The Emerging Markets Local Currency Bond Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in local currency-denominated fixed income transferable securities issued by governments and agencies of, and companies domiciled or exercising the predominant part of their economic activity in, emerging markets. The full spectrum of available securities, including non-investment grade, may be utilised. Currency exposure is flexibly managed.
Returns
Trailing Returns (GBP)18/02/2020
YTD-1.05
3 Years Annualised0.32
5 Years Annualised-
10 Years Annualised-
12 Month Yield 7.11
Dividend Paying Frequency Monthly
Management
Manager Name
Start Date
Sergio Trigo Paz
27/07/2012
Michal Wozniak
05/11/2015
Click here to see others
Inception Date
11/05/2016
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM GBI-EM Global Diversified TR 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 - Emerging Markets Local Currency Bond Fund A6 GBP Hedged31/10/2019
Fixed Income
Effective Maturity-
Effective Duration5.87
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond97.960.0497.92
Property0.000.000.00
Cash4.902.822.08
Other0.000.000.00
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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