14 Boulevard Royal L-2449 Luxembourg
Monday to Friday
8.30 am to 5 pm
Chaussée de La Hulpe, 120 – 1000 Brussels
Kortrijksesteenweg 218 – 9830 Sint-Martens-Latem
Monday to Friday
8.30 am to 4.30 pm

BL Bond Euro

Bond fund

Data as of 27/01/2023

Risk level

Recommended investment horizon : > 2 years


Average annual performance since launch 1,68 %

Performance as at 27/01/2023

2020-0,18 %
2021-2,40 %
2022-11,42 %
Since 01/01/20232,00 %
Over the last 12 months-9,25 %
Over 3 years-12,89 %
Since launch49,25 %
Asset breakdown
Bonds96,62 %
Cash3,38 %
Main positions
BEI Banque Europeenne Investissement Issue 2138/0100 2014 1.25% 13-11-20269,69 %
Nederlandse Waterschapsbank NV Series 1414 2015 1% 03-09-20258,65 %
Asian Development Bank 2018 .35% 16-07-20258,52 %
France Treasury Note 2021 .5% 25-06-20448,33 %
France Fungible Treasury Bond 2017 1.75% 25-06-20397,73 %


Investment objective and policy

The fund aims to protect capital by investing in bonds and offering a higher return than a euro money market investment. The recommended investment horizon is short term. The great majority of investments are in euro-denominated issues. Ancillary investments may be made in currencies other than the euro, provided the exchange risk is hedged. In practice, the fund manager concentrates the investments in euro-denominated bonds from high quality issuers. His preference is for issues designed to finance projects with proven benefits in terms of sustainable development (impact bonds). A minimum of 30% of the fund’s assets will be invested in sustainable assets.

General information

Net Asset Value 
Calculated Every business day
NAV class B capitalisation shares (27/01/2023)87,75 EUR
NAV class A distribution shares (27/01/2023)192,11 EUR
CODESISIN capitalisation code : LU0093570769
ISIN distribution code : LU0093570686
WKN capitalisation code : 989647
WKN distribution code : 937800
SICOVAM capitalisation code : 959301
SICOVAM distribution code : 959300
Net assets (million)21,96 EUR
Launch date16/09/1988

Before making any decision to subscribe, customers must ensure they have understood the product, having measured the risks associated with it and consulted their own advisers on the appropriateness of the product for their particular financial situation, taking into account legal, tax and accounting aspects. This fact sheet has been drawn up for information purposes and shall in no event be considered a solicitation to buy or an offer to sell securities or other financial instruments. Information provided to the interested party does not constitute legal or fiscal advice and the Bank shall not be held liable for such information. The securities referred to in this document may cause the investor to incur significant risk and may not be appropriate for all investors. Such risks include market risks, high volatility, credit risk, liquidity risk and interest-rate risk. There is no guarantee that the securities described in this document will achieve their investment objectives. Past performance is no indication of future returns. The Bank shall not be held liable for the future performance of these securities. Potential investors must ensure that they understand the risks of investing in such products and should only take an investment decision after giving careful consideration, together with their professional advisers, to the appropriateness of this investment to their specific financial situation, particularly with regard to legal, tax and accounting aspects. We have made every effort to verify that the information presented in this document is correct, in particular the estimated values, opinions and other estimates. Nevertheless, no guarantee can be given as to the validity, timeliness, completeness, correctness or accuracy of the information, which is provided for guidance only. Information may be subject to change without prior notice.