BlackRock Absolute Return Bond Fund Class D Acc

Buy Price (as of 21/10/2016) £1.094  Sell Price (as of 21/10/2016) £1.09   Day Change :  0.00%     Fund Code:  MCARA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Andreas Doerrenhaus Andr, Director, is Head of the Global Unconstrained Credit strategies in Europe and portfolio manager for the Global Unconstrained fixed income team. He is a member of BlackRock's Global Unconstrained Bond Committee and Absolute Return Risk Allocation Committee. Prior to joining BlackRock in 2010, Mr. Doerrenhaus worked as a Credit portfolio manager at Deutsche Bank Group - Deutsche Asset Management. Before joining Deutsche Bank he worked as a banker for Commerzbank AG and as a consultant for KPMG Consulting. Mr. Doerrenhaus earned a Diplom-Kaufmann degree in finance and international management from the Katholische Universitaet Eichstaett (WFI).


Ian Winship, Managing Director, is Head of Sterling Bond Portfolios within BlackRock's Fundamental Fixed Income. Prior to joining BlackRock in 2010, Mr. Winship was with Brevan Howard where he was head of Global Fixed Income. From 1997 to 2005, he was head of Global Fixed Income at Deutsche Aberdeen Asset Managers. Prior to this, Mr. Winship was head of Global Fixed Income at Scottish Amicable Investment Managers. From 1995 to 1996, he was with Dunedin Fund Managers as a global rate manager. Mr. Winship is a member of the Chartered Institute of Bankers in Scotland. He earned a BA degree, with honours, in economics and marketing from the University of Strathclyde in 1985.
Investment HouseBlackRock
Fund ProviderBlackRock Fund Managers Limited
ManagerAndreas Dörrenhaus   Biography
ManagerIan Winship   Biography

Fund 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.

Key Statistics

Fund Status
12-Month NAV High -
12-Month NAV Low -
Fund Comparative IndexNot Benchmarked
Morningstar CategoryTMAlt - Long/Short Debt
Dividend FrequencyTwice Yearly
Distribution Yield2.09%

Annual Charges

Morningstar ratings

3 YearsN/A
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  21/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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