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BL Global Bond Opportunities

Bond fund

Data as of 17/03/2023

Risk level

Recommended investment horizon : > 2 years


Average annual performance since launch 2,48 %

Performance as at 17/03/2023

20200,94 %
2021-1,53 %
2022-9,85 %
Since 01/01/20231,00 %
Over the last 12 months-4,90 %
Over 3 years-7,37 %
Since launch81,14 %


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 (17/03/2023)88,54 EUR
NAV class A distribution shares (17/03/2023)242,07 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)301,53 EUR
Launch date29/02/1996