BlackRock Global Funds - Global Corporate Bond Fund I2 EUR Hedged

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Performance History30/09/2024
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Funds - Global Corporate Bond Fund I2 EUR Hedged
Fund12.3-8.3-11.74.60.1
+/-Cat0.4-0.6-1.10.60.3
+/-B’mrk-0.2-0.30.20.60.5
 
Key Stats
NAV
11/10/2024
 EUR 10.13
Day Change 0.01%
Morningstar Category™ Global Corporate Bond - EUR Hedged
ISIN LU1625162489
Fund Size (Mil)
30/09/2024
 USD 1828.89
Share Class Size (Mil)
11/10/2024
 EUR 59.02
Max Initial Charge -
Ongoing Charge
16/04/2024
  0.46%
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 I2 EUR Hedged
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
YTD-0.45
3 Years Annualised-3.12
5 Years Annualised-1.48
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Daniel Chen
31/03/2023
Max Heufner
01/03/2023
Inception Date
07/06/2017
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Bloomberg Gbl Agg Corp 0901 TR Hdg USDMorningstar Gbl Corp Bd GR Hdg EUR
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 I2 EUR Hedged31/08/2024
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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