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BlackRock Absolute Return Bond P Acc

Ranked 9 out of 13 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

Andreas Doerrenhaus

Ian Winship

Ian Winship, managing director, is a portfolio manager for the Global Unconstrained fixed income team. He is the lead manager and chair of the Risk Allocation Committee responsible for the management of the BlackRock Absolute Return Bond Fund Strategy. Prior to joining BlackRock in 2010, Ian was with Brevan Howard where he was head of the Investment Team for the Global Absolute Return Bond Product. From 1997 to 2008, Ian was head of Global Rates at Deutsche/Aberdeen Asset Managers. Prior to this, he was head of Global Rates at Scottish Amicable Investment Managers. From 1995 to 1996, he was with Dunedin Fund Managers as a Global Rates Manager. Ian is a member of the Chartered Institute of Bankers in Scotland. He earned a BA with honours in Economics and Marketing from the University of Strathclyde in 1985.

Objective

The Fund seeks to achieve a positive absolute return for investors regardless of market movements and as such the Fund will not be managed against any fixed income benchmark. The Fund primarily aims to gain investment exposure to fixed income, fixed income related securities and money-market instruments issued by, or giving exposure to, companies, governments, government agencies and supranationals worldwide. In order to gain this exposure the Fund invests primarily in derivatives, fixed income transferable securities, fixed income related securities, money-market instruments, deposits, cash and near cash. The Fund may also invest in other transferable securities and units in collective investment schemes.

Showing fund performance in United Kingdom View performance globally

Performance

Absolute Return GBP over : 31/03/2018 - 31/03/2019
  • Rank 9/13 Total Return
  • Rank 3/13 Standard Deviation
  • Rank 6/13 Max Drawdown
Fund Name Currency Loss
4 Newton Global Dynamic Bond GBP Inc GBP

-1.3%

5 M&G Alpha Opportunities A GBP Inc GBP

-1.7%

6 BlackRock Absolute Return Bond P Acc GBP

-2.0%

7 Royal London Duration Hedged Credit Z Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.0%

8 BMO Global Absolute Return Bond F Acc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 1.1%
2018 -2.1% -0.2% -1.0% 0.1% -1.0%
2017 2.2% 0.2% 0.8% 1.0% 0.1%
2016 1.2% -0.7% 0.0% 1.6% 0.3%
2015 0.9% 0.8% -0.4% -0.4% 0.9%
2014 -0.2% 0.5% 0.0% -0.1% -0.6%
2013 2.0% 1.2% -0.4% 0.6% 0.7%
2012 3.6% 0.7% 0.4% 1.7% 0.8%
2011 0.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
GBP Cash 18.09%
BlackRock ICS Sterling Liq Agency Dist 7.49%
USD Cash 1.20%
Japan 0.100% 10-Mar-2028 0.89%
Teva Pharm 3 1.700% 19-Jul-2019 0.76%
RESIDENTIAL MORTGAGE SECURITIES PLC 21-Sep-2065 31 0.67%
Energy Transfer LP 7.500% 15-Oct-2020 0.65%
US Treasury 0.250% 15-Jan-2025 0.62%
Italy 1.650% 23-Apr-2020 0.58%
ELVET MORTGAGES PLC 22-Oct-2058 181 0.55%
31/12/2018

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date30/09/2011
  • Share Class size1,790Mn
  • Base currencyGBP
  • ISIN GB00B5LVV365

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment50

Charges

  • Annual management1.00%
  • Initial investment5.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).