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Détail d'un fonds

Funds Detail

BL Bond Dollar

Bond fund

Data as of 13/01/2021

Risk level

Recommended investment horizon : > 2 years


Average annual performance since launch 4,52 %

Performance as at 13/01/2021

2018-0,47 %
20195,20 %
20206,02 %
Since 01/01/2021-0,53 %
Over the last 12 months5,04 %
Over 3 years11,32 %
Since launch277,29 %
Asset breakdown
Bonds98,08 %
Cash1,92 %
Main positions
US Treasury Note Series E 2025 2015 2% 15-08-20257,37 %
US Treasury Note Series C 2024 2014 2.5% 15-05-20247,36 %
US Treasury Note Series F 2024 2014 2.25% 15-11-20247,35 %
US Treasury Note Series F 2023 2013 2.75% 15-11-20237,35 %
US Treasury Note Series F 2029 2019 1.75% 15-11-20297,27 %


Investment objective and policy

The fund invests mainly in fixed income, variable income and convertible bonds denominated in USD, which are issued by first-rate issuers. Its key objective is to achieve a regular income.

Management report - 3rd Quarter 2020

Over the quarter, US Treasuries flatlined. The JP Morgan index for this market posted a slight rise of 0.17%. The US 10-year yield ended the quarter up 0.68%, 2 basis points lower than at the end of the previous quarter. In the United States, the US Federal Reserve continues to support SMEs through the Main Street Lending Program. US economic statistics confirm the US economy's gradual recovery. Nevertheless, this is in a context of an increase in Covid-19 infections confirming the advent of a second wave in Europe, in particular, and the ongoing tightening of local lockdowns. In the short term, the US economy will post a decline of nearly 4% of its GDP for full-year 2020. Unless the pandemic worsens, we think that activity will recover in the longer term, regardless of the outcome of the presidential election.

General information

Net Asset Value 
Calculated Every business day
NAV class B capitalisation shares (13/01/2021)1 396,35 USD
NAV class A distribution shares (13/01/2021)289,87 USD
Latest dividend20,27 USD
Date of last dividend payment  07/02/2020
CODESISIN capitalisation code : LU0093570926
ISIN distribution code : LU0093570843
WKN capitalisation code : 937802
WKN distribution code : 937803
SICOVAM capitalisation code : 959299
SICOVAM distribution code : 959298
Net assets (million)145,87 USD
Launch date16/09/1988

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.

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