- Overview
- Interactive Chart
- Performance
- Risk and Rating
- Portfolio
- Management Team
- Fee
- Historical Price &
Dividend - Print
- Key Fact Statement
- Glossary
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| Performance History | 28/02/2026 |
| Growth of 1,000(NZD) | Advanced Graph |
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| • | Fund | -15.40 | 8.58 | 3.04 | 5.35 | 1.37 |
| • | +/-Cat | -1.48 | 0.07 | -0.40 | -1.32 | - |
| • | +/-Idx | - | - | - | - | - |
| Category: Other Bond | ||||||
| Index: - | ||||||
| Trailing Returns | 01/04/2026 | |||||
| Fund | +/-Idx | |||||
| YTD | -0.84 | - | ||||
| 3 Years | 13.06 | - | ||||
| 5 Years | 0.18 | - | ||||
| 10 Years | 21.50 | - | ||||
| 12 Month Yield | - | |||||
| Dividend Paying Frequency | Monthly | |||||
| Key Stats | ||
Morningstar Category
Other Bond
Morningstar Rating™
Not Rated
ISIN
LU0803752475
NAV 01/04/2026
NZD 10.9400
Day Change
0.37%
Total Net Assets (mil)
31/03/2026
USD 1469.86
USD 1469.86
Front Load Fee(Max)
3.00%
Deferred Load Fee
-
Manager Name
Rekesh Varsani
David Benelli
Leopold Lansing
Max Heufner
Inception Date
05/09/2012
| Benchmark | ||||
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| Investment strategy |
| The Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in investment grade corporate fixed income securities issued by companies worldwide. Currency exposure is flexibly managed. |
| Portfolio Profile | 28/02/2026 |
| Morningstar Style Box®_Morningstar: | |||||
| Fixed Income Style | |||||
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| Asset Allocation % | |||
| % Long | % Short | % Net Assets | |
| Stocks | 0.00 | 0.00 | 0.00 |
| Bonds | 98.38 | 0.93 | 97.45 |
| Cash | 204.69 | 202.24 | 2.45 |
| Other | 0.67 | 0.57 | 0.09 |
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Price Chart
- BGF Global Corporate Bond A3 NZD H
| Annual Returns | 28/02/2026 | |||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
| Total Return | 11.37 | 6.31 | -2.06 | -15.40 | 8.58 | 3.04 | 5.35 | 1.37 |
| +/- Category | -0.39 | -1.92 | -1.04 | -1.48 | 0.07 | -0.40 | -1.32 | - |
| +/- Index | - | - | - | - | - | - | - | - |
| % Rank (Rel to Cat) | - | - | - | - | - | - | - | - |
| Trailing Returns | 01/04/2026 | |||
| Total Return | +/- Category | +/- Index | ||
| 1 Day | 0.37 | 0.56 | - | |
| 1 Week | -0.05 | -0.80 | - | |
| 1 Month | -2.18 | 0.07 | - | |
| 3 Months | -0.84 | 3.46 | - | |
| 6 Months | -0.56 | 8.46 | - | |
| YTD | -0.84 | 3.43 | - | |
| 1 Year | 2.59 | 13.98 | - | |
| 3 Years | 13.06 | 18.43 | - | |
| 5 Years | 0.18 | -6.83 | - | |
| 10 Years | 21.50 | -6.63 | - | |
| Category:Other Bond | ||||
| Index: | ||||
| Quarterly Returns | 28/02/2026 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2026 | -1.20 | - | - | - |
| 2025 | 1.54 | 1.26 | 2.07 | 0.37 |
| 2024 | 0.04 | 0.54 | 4.42 | -1.89 |
| 2023 | 3.37 | -0.37 | -1.40 | 6.93 |
| Dividend | 01/04/2026 |
| 12 Month Yield | - |
| 2026 | 0.10 |
| 2025 | 0.40 |
| 2024 | 0.39 |
| 2023 | 0.36 |
| Morningstar Rating™ Relative to Category | - |
| 3-Year | Not Rated |
| 5-Year | Not Rated |
| 10-Year | Not Rated |
| Overall | Not Rated |
| Volatility Measurements | 31/03/2026 | |||||||||||||||||||||||||
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| Fixed Income Style | 28/02/2026 | ||||||||||||||||||||||||||||||||
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| Category: Other Bond | |||||||||||||||||||||||||||||||||
| AssetAllocation | 28/02/2026 |
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| Top 10 Holdings | 28/02/2026 |
| Portfolio | |
| Total Number of Equity Holdings | 0 |
| Total Number of Bond Holdings | 283 |
| Assets in Top 10 Holdings % | 11.33 |
| Product Name | Sector | Country/Region | % of Assets | ||
BEIGNET INV LLC
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United States | 1.79 | ||
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Federal National Mortgage Association
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United States | 1.54 | ||
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Morgan Stanley
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United States | 1.36 | ||
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Foxconn Singapore Pte. Ltd
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Taiwan | 1.02 | ||
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Metro Bank Holdings Plc
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United Kingdom | 1.00 | ||
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Bank of America Corp.
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United States | 0.96 | ||
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E.ON SE
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Germany | 0.92 | ||
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Citigroup Inc.
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United States | 0.90 | ||
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Orange SA
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France | 0.87 | ||
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EDP SA
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Portugal | 0.87 | ||
 Increase
 Decrease
 New since last portfolio
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| Category: Other Bond | |||||
| For the market value of financial derivatives, Morningstar's calculation method includes the nominal value of derivative agreements to reflect position-holding (position) for your reference. If the position-holding ranking calculated by Morningstar shall be different from that published by the fund company, the ranking in the monthly report (click here) by the fund company shall prevail. | |||||
| Management Team | |||||||||||||||||||||||||||||
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| Biography | |||||||||||||||||||||||||||||
| Rekesh Varsani, Director, is a senior member of the Global Corporate Portfolio Management Team within BlackRock’s Global Fixed Income (GFI) platform. Specializing in global corporate credit, Mr. Varsani is a senior portfolio manager responsible for managing a range of Global Credit and Total Return funds for both retail and institutional clients. Mr. Varsani is co-lead manager for the BGF Global Corporate Bond Fund, the BFM Absolute Return Bond Fund and the BFM Sterling Short Duration Credit fund. Prior to joining BlackRock in 2016, Mr. Varsani worked at Citadel LLC and JP Morgan. Mr. Varsani earned a BSc (Hons) degree in Economics from The University of Nottingham in 2010. He also holds the Investment Management Certificate (IMC). | |||||||||||||||||||||||||||||
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| Biography | |||||||||||||||||||||||||||||
| David Benelli, Director, is a senior member of the US Corporate Credit and Global Corporate Portfolio Management Teams within BlackRock’s Global Fixed Income (GFI) platform. In addition, Mr. Benelli is responsible for absolute return alpha strategies within BlackRock’s multisector mutual funds. Mr. Benelli joined BlackRock in 2008 as an Analyst in the Portfolio Analytics Group (PAG). In 2010 he relocated from New York to Tokyo to create and develop the APAC presence of PAG. Throughout his time with the PAG, he played significant roles in the integration of Barclays Global Investors (Japan) and the expansion of BlackRock’s business in Asia. | |||||||||||||||||||||||||||||
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| Biography | |||||||||||||||||||||||||||||
| Leopold Lansing, Director, is a senior member of the Global Corporate Portfolio Management Team within BlackRock’s Global Fixed Income (GFI) platform. Mr. Lansing is responsible for idea generation and implementation strategies for global corporate bonds as well as in macro instruments, where he focuses on derivative overlay strategies. Mr. Lansing is co-lead manager for the BGF Global Corporate Bond Fund, the iShares € Flexible Income Bond Active UCITS ETF, and the BlackRock Absolute Return Bond Fund. Mr. Lansing is a member of BlackRock’s European Investor Group (EIG). Mr. Lansing began his career at BlackRock in 2017, joining the Global Bond Team as a junior portfolio manager. He earned a BA degree in Economics, with a focus on macroeconomics and econometrics, from the University of Cambridge, graduating in 2017. | |||||||||||||||||||||||||||||
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| Biography | |||||||||||||||||||||||||||||
| Max Huefner, Managing Director, is the Head of Global Credit as well as European Investment Grade within BlackRock's Global Fixed Income (GFI) platform. Mr. Huefner is a lead portfolio manager of the BGF Global Corporate Bond Fund, European Corporate Bond Fund, iShares EUR Flexible Income Bond as well as managing total return strategies for European credit on SIO/FIGO, led by Rick Rieder. Mr. Huefner started his career as a credit analyst in 2007 holding positions at Moody's and various leading European financial institutions before joining BlackRock. His tenure at BlackRock spans over ten years as a credit portfolio manager as well as credit analyst. | |||||||||||||||||||||||||||||
| Fees and Expenses | ||||||||||||
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