Quick Stats

Bid Price GBX 115.30 Offer Price GBX 115.60
Mid Price - Day Change GBX -0.10 (-0.09%)
Price Date 19 Oct 2018 Crown Rating 4
Shares Class Inc. Yield 2.06 %
Total Expense Ratio 0.00 Fund Size 2,064,548,000.00
Launch Date 30/09/2011 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.00 Sector Targeted Absolute Return
Min Investment (£) 10,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B66YXP33 Min TopUp (£) 0.00

Fund Objective

The Fund aims to achieve a positive absolute return for investors regardless of market movements and, as such, the Fund will not be managed against any fixed income benchmark. The Fund will be managed with the aim of delivering absolute (more than zero) returns on a 12 month basis in any market conditions. However, an absolute return is not guaranteed over a 12 month or any period and the Fund may experience periods of negative return. The Fund's capital is at risk. The Fund primarily aims to gain investment exposure to fixed income (FI) securities, FI-related securities and money-market instruments (MMIs) issued by, or giving exposure to, companies, governments, government agencies and supranationals (i.e. the International Bank for Reconstruction and Development) worldwide. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.

Fund Managers

Ian Winship
Ian Winship graduated from the University od Strathclyde in 1985 with a BA (Hons) in Economics and Marketing. He joined the fixed income team in 1997, as a fund manager, responsible for a number of fixed income portfolios managed on behalf of UK clients. in addition he has responsibility for research in the European markets. Previously, he has managed bond portfolios for Murray Johnstone, Hill Samuel Asset Managers and more recently was responsible for fixed Income portfolios and research at Scottish Amicable Investment Managers.
Andreas Doerrenhaus
Andreas, who is based in London, is head of BlackRock’s European investment grade (IG) unconstrained credit strategies and a portfolio manager in BlackRock’s Global Unconstrained Fixed Income Team. Andreas currently manages the European IG unconstrained credit strategies in BGF FIGO and contributes towards the idea generation and investment process of the fund as well as the risk/capital allocation process. His addition as co-manager is a formalisation of Andreas’ historic and ongoing contribution to the fund’s investment process. Prior to joining BlackRock in 2010, Andreas worked as a credit portfolio manager at Deutsche Bank Group - Deutsche Asset Management. Before joining Deutsche Bank, he worked as a banker for Commerzbank AG and as a consultant for KPMG Consulting - BearingPoint. Andreas earned a Diplom-Kaufmann degree in finance and international management from the Katholische Universitaet Eichstaett (WFI).