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BGF Emerging Markets Bond X2 EUR Hedged

Ranked 4 out of 6 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in EUR unless stated

Managed by

Michel Aubenas

Michel Aubenas is an emerging markets bond fund manager at BlackRock. He joined AXA Investment Managers, Paris, having graduated from the University Paris-Dauphine in 1999. Armed with a master’s degree in economics and finance, he joined AXA’s emerging fixed income markets team, headed by Nadine Trémollières, as an assistant fund manager. After spending three years at AXA, Aubenas joined Fortis (now BNP Paribas Investment Partners) where he worked for two years. He then joined BlackRock in 2012 where he runs the BGF Emerging Markets Bond Fund alongside Sergio Trigo Paz and Christopher Kelly.

Sergio Trigo Paz

Born in Bolivia, Sergio Trigo Paz of Blackrock is the head of emerging market debt, joining the company in 2012. Based in London, he has adopted a scenario-based and thematic style of investing. He attended the renowned Paris Sorbonne University where he gained a master’s degree in finance and a post graduate diploma in management. Following this he spent eight years with BNP Paribas IP specialising in emerging market bonds. Away from the office, Sergio is an adventurous person who particularly enjoys mountain climbing.

Objective

The Fund seeks to maximise total return. It invests at least 70% of its total assets in the fixed income transferable securities of governments and agencies of, and companies domiciled or exercising the predominant part of their economic activity in, emerging markets. The Fund may invest in the full spectrum of available securities, including non-investment grade. Currency exposure is flexibly managed.

Showing fund performance in Poland View performance globally

Performance

Emerging Markets Global Hard Currency over : 30/06/2017 - 30/06/2018
  • Rank 4/6 Total Return
  • Rank 2/6 Standard Deviation
  • Rank 3/6 Max Drawdown
Fund Name Currency Return
2 Fidelity Funds - Emerging Mkt Dbt A-ACC-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.0%

3 Schroder ISF Emerging Market Bond EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.9%

4 BGF Emerging Markets Bond X2 EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.0%

5 JPM Emerging Markets Debt D Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.3%

6 HSBC GIF Global Emerging Markets Bond ID H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.2%

Fund Name Currency Risk
1 Fidelity Funds - Emerging Mkt Dbt A-ACC-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

2 BGF Emerging Markets Bond X2 EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

3.7

3 HSBC GIF Global Emerging Markets Bond ID H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.8

4 JPM Emerging Markets Debt D Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

3.9

5 Fidelity Funds - EM TR Dbt A-ACC-EUR (EUR/USD H)

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

Fund Name Currency Loss
1 Fidelity Funds - EM TR Dbt A-ACC-EUR (EUR/USD H)

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.8%

2 Fidelity Funds - Emerging Mkt Dbt A-ACC-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.3%

3 BGF Emerging Markets Bond X2 EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.1%

4 JPM Emerging Markets Debt D Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.5%

5 HSBC GIF Global Emerging Markets Bond ID H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.0%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.9% -4.8%
2017 6.5% 3.6% 1.1% 1.7% -0.1%
2016 12.7% 4.8% 4.9% 5.1% -2.5%
2015 -0.9% 2.6% -0.7% -2.4% -0.4%
2014 7.0% 2.8% 3.8% 0.3% -0.1%
2013 -4.2% -1.5% -5.5% 1.8% 1.1%
2012 17.0% 5.2% 1.2% 6.7% 3.1%
2011 6.6% 0.6% 3.1% -0.9% 3.8%
2010 12.9% 3.8% 1.5% 7.4% -0.3%
2009 26.5% 2.9% 9.6% 9.9% 2.0%
2008 -0.1% -2.9% -7.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Brunei Darussalam
  3. Chile
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Gibraltar
  9. Iceland
  10. Ireland
  11. Italy
  12. Jersey
  13. Luxembourg
  14. Macau
  15. Malta
  16. Norway
  17. Poland
  18. Portugal
  19. Singapore
  20. Spain
  21. Sweden
  22. Switzerland

Fund Info

  • Launch date01/02/2008
  • Share Class size207Mn
  • Base currencyUSD
  • ISIN LU0343170543
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0

Charges

  • Annual management0.00%
  • Initial investment0.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).