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


BL Global Bond Opportunities

Bond fund

Data as of 27/01/2023

Risk level

LowHigh
Recommended investment horizon : > 2 years

Performance

Average annual performance since launch 2,51 %

Performance as at 27/01/2023

FUNDS
20200,94 %
2021-1,53 %
2022-9,85 %
Since 01/01/20231,33 %
Over the last 12 months-8,13 %
Over 3 years-10,07 %
Since launch81,73 %
Asset breakdown
Bonds93,43 %
Cash6,57 %
Breakdown by currency
EUR80,65 %
USD7,88 %
CZK5,86 %
MXN3,30 %
NOK2,08 %
Others0,23 %
Main positions
Opportunity SAS 2022 3.4% 15-04-20263,91 %
France OAT 2016 1.25% 25-05-20362,66 %
France Treasury Note 2021 .5% 25-06-20442,58 %
Ireland Treasury Bond 2016 1% 15-05-20262,31 %
Czechia Series 149 2022 5.5% 12-12-20282,17 %

Strategy

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 medium term. The portfolio benefits from a very broad investment universe including sovereign, quasi-sovereign and corporate issuers from developed and emerging market countries, without geographical, sector, maturity or currency restrictions. A minimum of 25% of the assets will be invested in Investment Grade bonds. Through an active approach, the fund manager seeks to take advantage of the disparate nature of global bond markets to build a portfolio with an attractive risk-return profile. The fund pursues a sustainable and responsible investment strategy through three main avenues: a minimum of 10% of the portfolio’s net assets invested in impact bonds, an ESG optimisation strategy based on a proprietary rating for traditional sovereign issues, and close monitoring of environmental and social indicators for traditional corporate bonds with the objective of these improving over time. A minimum of 30% of the fund’s assets will be invested in sustainable assets. Through an active strategy, the fund manager aims to outperform the fund’s investment universe over a medium to long-term horizon while protecting capital during market downturns.

General information

Net Asset Value 
Calculated Every business day
NAV class B capitalisation shares (27/01/2023)88,83 EUR
NAV class A distribution shares (27/01/2023)245,85 EUR
CODESISIN capitalisation code : LU0093569910
ISIN distribution code : LU0093569837
WKN capitalisation code : 921164
WKN distribution code : 937797
SICOVAM capitalisation code : 959302
SICOVAM distribution code : 989724
Net assets (million)304,58 EUR
Launch date29/02/1996

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.