BlackRock, Inc. Expands Active ETF Platform with Launch of a Global Government Bond Hedged ETF

Published: 2025-06-26 09:51:04 ET BLK

Published on 06/26/2025 at 09:51

BlackRock, Inc. announced the launch of the iShares Global Government Bond USD Hedged Active ETF, designed to help investors access a globally diversified portfolio of government bonds. The global diversification across sovereign issuers in GGOV may help investors mitigate the rising exposures and risks of long dated US Treasuries within many fixed income allocations. GGOV uses a currency hedge on the non-US bonds that seeks to raise the yield on those exposures when US policy rates are elevated relative to global peers and aims to lower overall portfolio risk.

Managed by the BlackRock Global Tactical Asset Allocation team, the Fund seeks to offer a more diversified alternative to conventional US-centric bond allocations and provides a similar combination of systematic and discretionary active management found in the BlackRock Tactical Opportunities Fund (PBAIX). The investment process leverages the team's macroeconomic expertise and proven alpha generation across $50B in global assets.