BlackRock Global Inflation Linked Bond Fund by liaoqinmei


									                                                                                                                                                                                     September 2011

          1. The Fund invests in inflation linked bonds whose coupon payments will increase and decrease with changes in official inflation rates. Investors should be aware that inflation
             linked bonds may offer a slightly lower coupon payment compared to other types of fixed interest securities as they are not exposed to inflation rate risk. The Fund may invest in
             structured credit products such as asset backed securities (‘ABS’). These securities have similar characteristics to corporate bonds but carry greater risk. These securities can
             be more sensitive to economic events, may be subject to severe price movements and can be more difficult and/or more expensive to sell in difficult markets. The Fund invests
             a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment.
          2. The value of a Fund can be volatile and could go down substantially within a short period of time. It is possible that the certain amount of your investment could be lost.
          3. Investors should not only base on this marketing material alone to make investment decisions.

                              BlackRock Global Inflation Linked
                              Bond Fund

A-Share Cumulative Performance in US$ (%)                                                                                                            Investment Objective
                                                                                                YTD          6 Months            1 Year              The Global Inflation Linked Bond Fund seeks to
                                                                                                                                                     maximise real return. The Fund invests at least 70%
      Fund                                                                                     +6.6              +6.2             +5.7               of its total assets in inflation-linked fixed income
      Barclays W.Govt Inf. Linked (USD)                                                         +6.8             +6.2             +6.1               transferable securities that are issued globally. The
                                                                                                                                                     Fund may only invest in fixed income transferable
                                                                                                                                                     securities which are investment grade at the time of
                                                                                                                                                     purchase. Currency exposure is flexibly managed.
A-Share Calendar Year Performance in US$ (%)
                                                                                                                              19.06.09 to            Fund Data
                                                                                                                 2010          31.12.09              Manager           Brian Weinstein / Martin Hegarty
      Fund                                                                                                       +4.8             +6.4               Inception                                19.06.09
      Barclays W.Govt Inf. Linked (USD)                                                                          +5.4             +6.3               Currency                            US$/€ hedged
                                                                                                                                                     Total Fund Size (m)                     US$314.3
                                                                                                                                                     Annual Management Fee                       0.85%
                                                                                                                                                     Initial Charge                                 5%
                        120                                                                                                                          Bloomberg Ticker                      BGFIA2U LX
    Index Performance

                                                                                                                                                     ISIN Code                          LU0425308086
                        110                                                                                                                          NAV (US$)                                   11.89
                                                                                                                                                     12 Months High/Low NAV (US$)        12.16 / 10.97
                                                                                                                                                     Average Maturity (years)                     11.9
                                                                                                                                                     Average Duration (years)                       9.7
                                                                                                                                                     Average Yield to Maturity                    2.4%
                         90                                                                                                                          Latest Annualised Yield†                    0.61%
                                Aug 09   Dec 09          Apr 10             Aug 10             Dec 10             Apr 11             Aug 11
                                                             Fund                                Barclays W.Govt Inf. Linked (USD)
                                                                                                                                                     10 Largest Holdings (%)
Composition of Fund (%)                                                                                                                              TREASURY (CPI) NOTE 2.125 02/15/2040      6.7
                                                                                                                                                     UK I/L GILT 1.25% 22 Nov 2017             6.3
Country                                                                   Credit Rating                                                              Treasury (CPI) Note 2% 15 Apr 2012        5.4
                                                                                                                                                     TREASURY (CPI) NOTE 0.125 04/15/2016      4.6
                                                         US 42.2
                                                                                                                                                     TREASURY (CPI) NOTE 2.125 02/15/2041      4.5
                                                         UK 25.1                                                                                     TREASURY (CPI) NOTE 1.125% 15 Jan 2021    3.8
                                                  Euro Bloc 21.4
                                                        Cash 5.0
                                                                                                                                                     Germany (Government of) 2.25% 15 Apr 2013 3.4
                                                       Japan 2.4                                                                                     ITALY (REPUBLIC OF) 2.1% 15 Sep 2021      3.2
                                                    Australia 1.7                                                               AAA 84.5
                                                     Sweden 1.5                                                                   AA 11.2            Treasury (CPI) Note 3% 15/07/2012         3.0
                                                                                                              Cash & Cash Equivalents 5.0
                                                     Canada 1.4                                                                                      TREASURY NOTE (OLD) 3.125 05/15/2021      2.8
                                                      Other -0.7                                                          Non-Rated -0.7
                                                                                                                                                     Total                                    43.7

  Note: Apply to Class A3 only. Do not guarantee monthly dividend distribution. (Dividend rate / (no. of days between previous ex-date and current ex-date) * 365 days / ex- date NAV) * 100
BlackRock Global Inflation Linked Bond Fund is the abbreviated name of BlackRock Global Funds – Global Inflation Linked Bond Fund.
Sources: BlackRock Investment Management (UK) Limited and Datastream. Performance is shown as at 31 August 2011 in US$ on a NAV to NAV price basis with income reinvested. Fund performance figures are calculated net of
fees. The above Fund data is for information only.
Investment involves risk. Past performance is not necessarily a guide to future performance. The value of investments and the income from them can fluctuate and is not guaranteed. Rates of exchange may cause the value of
investments to go up or down. Investors may not get back the amount they invest. Individual stock price/figure does not represent the return of the Fund. For Hong Kong investors, please refer to the BGF Prospectus for details,
including risk factors. Issuer of this material: BlackRock (Hong Kong) Limited.
This material has not been reviewed by the Securities and Futures Commission of Hong Kong.

For more information:
Tel: +852 3903 2688                      Fax: +852 5808 2399                   Email:                                  Website:

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