BlackRock Wholesale International Bond Fund
About this Fund
|FUND MANAGER||BlackRock Investment Management (Australia)|
|ASSET CLASS||FIXED INTEREST|
|INVESTMENT STYLE||The Fund aims to generate capital and income return for those investors seeking exposure to international fixed income markets, including Australia.|
|INVESTMENT PROFILE||The Fund aims to outperform the Benchmark over rolling three-year periods.|
|BENCHMARK||Barclays Global Aggregate 500 Index (hedged in AUD)|
|FUND SIZE||Barclays Global Aggregate 500 Index (hedged in AUD)|
|NO. OF HOLDINGS|
Benefits of investing in the BlackRock Wholesale International Bond Fund
Medium to low
The Fund may be suitable for investors seeking capital and income returns through exposure to international fixed income markets including Australia.
About the Fund
The Fund aims to generate capital and income return for those investors seeking exposure to international fixed income markets, including Australia. We aim to outperform the Bloomberg Barclays Global Aggregate 500 Index (hedged in AUD) (Benchmark) over rolling three-year periods.
The Fund aims to achieve its investment objective by accessing the best ideas of the BlackRock Group's Global Fundamental Fixed Income Team located around the globe, which seek to add value by managing duration, yield curve, credit (e.g. mortgage backed, corporates, agencies and emerging markets) and individual security, country and currency exposures against the Benchmark.
The investment strategy is actively managed within a rigorous risk management framework. The Fund's portfolio is continually monitored and, where necessary, adjusted to suit changing economic and market conditions. Great importance is placed on research and a team based approach to making investment decisions. In seeking to access a broad array of enhancement strategies, the investment strategy may utilise proprietary research-based knowledge, fundamental macro-economic and credit, sector and security analysis.
The management of risk is central to the Fund's investment process. Exposures are reviewed on an on-going basis, to ensure the Fund maintains a risk/reward profile appropriate to changing market conditions and the degree of confidence we have in our return expectations.
Currency is actively managed in the Fund around a fully hedged Australian dollar benchmark.
How we invest your money
To achieve its investment objective the Fund invests substantially all of its assets in the BlackRock Global Diversified Bond Fund (Underlying Fund), another fund managed by us which has the same investment strategy as the Fund.
The Underlying Fund invests predominantly in international debt securities and foreign currency exposures. These include a broad universe of debt securities, including, but not limited to:
The Underlying Fund may implement some of its investment strategy via an investment in other funds, including those managed by us or other entities in the BlackRock Group, where the investments of any such other fund include the permitted investments of the Underlying Fund.
The Fund and Underlying Fund may also hold a small allocation of cash (or cash equivalents including other BlackRock Group funds) for cash flow management purposes.
Asset allocation ranges