BlackRock Global Funds - Euro High Yield Fixed Maturity Bond Fund 2027 Class A2 USD Hedged header image

BlackRock Global Funds - Euro High Yield Fixed Maturity Bond Fund 2027 Class A2 USD Hedged

Fund

ISIN LU2802895156 / Valor null

NAV (2024-11-11)
USD 10.05%

BlackRock Global Funds - Euro High Yield Fixed Maturity Bond Fund 2027 Class A2 USD Hedged
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General Objective

The fund aims to provide income while also aiming to preserve capital for investors who hold their shares until the maturity date, at which point all shares will be redeemed at the prevailing NAV per share. The fund uses a "buy and maintain" strategy for fixed income securities, with a focus on high yield fixed income securities denominated in various currencies issued by entities in Europe.

Fund Exposure

The fund primarily invests in high yield fixed income securities denominated in various currencies, issued by governments, agencies, and companies in Europe. The fund may also hold cash, deposits, money market instruments, units of collective investment schemes, and other cash equivalents. The fund is actively managed, with the investment adviser having discretion over the fund's investments and not being constrained by any benchmark.

Risks

Investors in the fund are exposed to risks such as changes in interest rates, credit risk, issuer defaults, and potential credit rating downgrades. Non-investment grade fixed income securities held by the fund may be more sensitive to these risks. Additionally, the fund's fixed maturity structure means that investors may face a loss of capital if shares are not held until the maturity date, and there is an enhanced risk of early closure. Counterparty risk, credit risk, and liquidity risk are also key risks associated with investing in the fund.

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Source

https://www.blackrock.com/se/intermediaries/products/337296/blackrock-euro-high-yield-fixed-maturity-bond-fund-2027

Tags:
fixed income high yield bloomberg euro high yield index

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