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Détail d'un fonds
BL Global 75
Data as of 21/01/2021
Average annual performance since launch 5,83 %
Performance as at 21/01/2021
|Since 01/01/2021||1,33 %|
|Over the last 12 months||1,42 %|
|Over 3 years||18,12 %|
|Since launch||369,01 %|
|Breakdown by currency|
|WisdomTree Metal Securities - 2007-o.f. Verfall auf Gold||5,45 %|
|Invesco Physical Markets PLC -Secured Gold-Linked Certificates 2009-31.12.2100 on Gold Cmdty Secured||5,37 %|
|Deutsche Boerse Commodities GmbH - 2007-o.f. Verfall auf Gold||4,14 %|
|Unilever PLC||2,99 %|
|Taiwan Semiconductor Manufacturing Co Ltd ADR repr 5 shs||2,91 %|
Investment objective and policyBL-Global 75 invests around 25% of its assets in bonds and money market instruments and 75% in equities. Geographically, the fund invests in Europe and the United States, and from time to time in Japan and the emerging markets. The fund's aim is to offer long-term capital gains while keeping below the volatility associated with pure equity investments.
Management report - 3rd Quarter 2020Equity markets continued to bounce back in the third quarter, extending their rally since the historic slump in March. From July to September, the MSCI All Country World Index net total return expressed in euros gained 3.6%. The political and monetary authorities' massive support programmes were the main factor driving the share-price rebound despite the economic damage caused by the COVID-19 pandemic. In the bond portfolio, the J.P. Morgan Government Bond Index EMU Unhedged LOC was up 1.7%, benefiting from the expansion of the central banks' asset purchase programmes. The price of gold (expressed in euros) appreciated by 2.0%. The NAV of BL Global 75 (retail accumulation share net of fees in euros) grew by 2.5% during the third quarter. With equity markets becoming increasingly expensive, the fund continues to apply a defensive management strategy. At the end of September, the fund was 65% invested in equities, with 12% of this allocation hedged through the sale of futures. The bond segment, amounting to 3% of the portfolio, was composed entirely of German government bonds, with an average duration of 4.6. Certificates investing in precious metals accounted for 17.5% of the portfolio. The equity portfolio's geographic allocation was as follows: Europe 33.5% (6% hedged), United States 21% (6% hedged), Japan 6.5% and emerging markets 4%.
|Net Asset Value|
|Calculated||Every business day|
|NAV class B capitalisation shares (21/01/2021)||2 906,61 EUR|
|NAV class A distribution shares (21/01/2021)||1 796,15 EUR|
|Latest dividend||2,13 EUR|
|Date of last dividend payment||07/02/2020|
|CODES||ISIN capitalisation code : LU0048293368 |
ISIN distribution code : LU0048293285
WKN capitalisation code : 986356
WKN distribution code : 986855
SICOVAM capitalisation code : 944868
SICOVAM distribution code : 989731
|Net assets (million)||728,42 EUR|
Détail fonds - disclaimer
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.