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  5. BlackRock GSS Global Bond Index - Managed fund profile

BlackRock GSS Global Bond Index - Managed Fund

Fund Objective
The Fund's objective is to provide investors with the performance of the Bloomberg Global Aggregate Index, before fees, the cost of currency hedging and any applicable interest and withholding taxes.
Fund Strategy
To invest in or otherwise provide an exposure to the securities comprising the Bloomberg Global Aggregate Index (Hedged to AUD) in a way that seeks to achieve the performance of that index. The Underlying Fund or Underlying Funds (either directly or through one or more other funds) aim to purchase a selection of some of the securities that form the index and which the manager of the Underlying Fund believes will create a portfolio that behaves like the index.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.47% 0.45% 3.94% 8.09% 3.84% -2.04% -0.85% -%
Growth return -1.47% -0.18% 2.63% 5.43% 1.53% -3.93% -4.04% -%
Income return 0% 0.63% 1.31% 2.66% 2.31% 1.89% 3.19% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.51% 0.53% 4.02% 8.37% 4.14% -1.89% -0.61% 2.01%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock GSS Global Bond Index
Cash
0.77%
Fixed Interest
99.23%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.51%
Fixed Interest
90.09%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
BlackRock GSS Global Bond Index
Netwealth Investments Limited
NET5702AU
Bonds - Global
starstarstar (as at 31 Oct 2024)
Investment Fund
13 Mar 2018
$144.24 million (as at 31 Oct 2024)
$0.8799 (as at 19 Nov 2024)
$0.8788 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 0.30% (as at 22 Dec 2023)
Indirect Cost Ratio (ICR) 0.30% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 31 Aug 2022)

Holding (as at 31 Aug 2022) Type % of Portfolio
Fnma Pass-Thru I 2% Bond - Gov't Agency ARM 0.79%
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FAQs about the BlackRock GSS Global Bond Index

The objective of the BlackRock GSS Global Bond Index managed fund is The Fund's objective is to provide investors with the performance of the Bloomberg Global Aggregate Index, before fees, the cost of currency hedging and any applicable interest and withholding taxes.

The strategy of the BlackRock GSS Global Bond Index managed fund is To invest in or otherwise provide an exposure to the securities comprising the Bloomberg Global Aggregate Index (Hedged to AUD) in a way that seeks to achieve the performance of that index. The Underlying Fund or Underlying Funds (either directly or through one or more other funds) aim to purchase a selection of some of the securities that form the index and which the manager of the Underlying Fund believes will create a portfolio that behaves like the index.

The APIR code of the BlackRock GSS Global Bond Index managed fund is NET5702AU.

BlackRock GSS Global Bond Index’s total return last month was -1.47%. This was made up of a growth return of -1.47% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

BlackRock GSS Global Bond Index’s total return for the last three months was 0.45%. This was made up of a growth return of -0.18% and an income return of 0.63%%. These returns were calculated as at 31 Oct 2024.

BlackRock GSS Global Bond Index’s one-year total return is 8.09%. This was made up of a growth return of 5.43% and an income return of 2.66%. These returns were calculated as at 31 Oct 2024.

BlackRock GSS Global Bond Index’s one-year total return is -2.04%. This was made up of a growth return of -3.93% and an income return of 1.89%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the BlackRock GSS Global Bond Index managed fund is :

Cash
0.77%
Fixed Interest
99.23%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the BlackRock GSS Global Bond Index managed fund is Netwealth Investments Limited.

The BlackRock GSS Global Bond Index managed fund belongs to the Bonds - Global sector/asset class.

As at 31 Oct 2024, the size of the BlackRock GSS Global Bond Index managed fund was $144.24 million.

The BlackRock GSS Global Bond Index managed fund has an inception date of 13 Mar 2018.

The current entry price of the BlackRock GSS Global Bond Index managed fund is $0.8799 per unit and the current exit price is $0.8788 per unit (as at 19 Nov 2024).

The current exit price of the BlackRock GSS Global Bond Index managed fund is $0.8788 per unit and the current entry price is $0.8799 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the BlackRock GSS Global Bond Index managed fund is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.