BlackRock Global Funds - Emerging Markets Local Currency Bond Fund D2 GBP Hedged
Category Other Bond
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
£14.69
£0.03 (+0.20%)
Fund Code
BGEMD
B3W47C1
LU0827885491
Prices updated as at 08 May 2025
|
Prices in GBP
Investment objective
The Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in local currency-denominated fixed income transferable securities issued by governments and agencies of, and companies domiciled or exercising the predominant part of their economic activity in, emerging markets. The full spectrum of available securities, including noninvestment grade, may be utilised. Currency exposure is flexibly managed.
Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Company name
BlackRock (Luxembourg) SA
Fund launch date
02 Feb 2007
Domicile
Luxembourg
UCITS
Yes
Lead manager
Laurent Develay
Lead manager start date
27 Jul 2012
Lead fund manager biography
Laurent Develay, Director, is a portfolio manager on the Emerging Markets Debt team within BlackRock's Portfolio Management Group. He has responsibility for managing emerging market currencies and local debt investments.
Prior to joining BlackRock in June 2012, Mr. Develay was a portfolio manager in the Emerging Markets Debt team at Fischer Francis Trees & Watts (FFTW, a BNP Paribas Investment Partner) with an alpha focus on EM currencies and regional research coverage of Latin America. Prior to the merger between BNP Paribas and Fortis, Mr. Develay was head of the currency and commodity trading team at Fortis Investments for five years in Paris and London with a strong focus on emerging markets currencies. Previously, Mr. Develay served as a currency trader at AXA Investment Managers where he started his career in 1999.
Mr. Develay earned Master in Finance in 1996 from the E.S.L.S.C.A. in Paris and a Certificate in Finance from UC Berkeley Extension in 1998.
Fund manager
Michal Wozniak
Manager start date
05 Nov 2015
Fund manager biography
Michal Wozniak, CFA, Director, is a Portfolio Manager for Emerging Markets Debt Portfolio Management team for Blackrock Global Fixed Income Group. He has responsibility for managing local rates within dedicated local currency bond portfolios and multi-segment strategies, including, local rates, sovereign debt emerging market currencies.
Prior to joining BlackRock in November 2013, Mr. Wozniak was working as a portfolio manager in Emerging Markets Debt teams in Lombard Odier Investment Managers and JPMorgan Asset Management, focusing on global local and hard currency fixed income strategies. Before that, he was responsible for Eastern European strategies in Fortis Investments in London. From 2002 until 2007 he was working in Credit Suisse Asset Management in Warsaw, initially as a portfolio manager and later heading the fixed income team. Michal started his professional career in 2000 as an equity analyst in ABN AMRO Asset Management.
Michal earned a Master’s in Finance and Banking from the Warsaw School of Economics in 2001.
Head office
35 A, avenue J.F. Kennedy,
Luxembourg
Luxembourg
L-1855
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