BlackRock has added an Article 9 Impact Bond Fund to its Luxembourg-domiciled BGF range and said the multi-sector approach would help deal with volatility.
The BlackRock Global Funds (BGF) Impact Bond Fund will focus on multi-currency and multi-sector investments across fixed income, investing 80% of total assets in securities that favour measurable and material benefits for society or the environment, the company said.
Ronald van Loon, co-manager of the BGF Impact Bond Fund, said: “The BGF Impact Bond Fund taps into the growing interest in driving positive social and environmental impact within a fundamental active global bond portfolio, leveraging BlackRock’s proprietary impact research with its macro global investment views.”
The fund's flexible approach to sector allocation would create a diversified portfolio and make the fund better able to adapt to volatile market conditions, the firm said.
The BGF Impact Bond Fund is classified under the EU’s Sustainable Finance Disclosure Regulation as Article 9.
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