Fact sheet: BlackRock Aquila Lf Cash Pn

Fund information
Fund name
BlackRock Aquila Life Cash Pn S1 NAV
Fund manager company
BlackRock Pensions Mgmt Ltd
Fund type
Pension Fund
Fund managers
  • Bea Rodriguezsince 14/02/2014
Underlying fund
BlackRock ICS Int Stg Lq
Fund objective
The Fund aims to achieve an investment return that is in line with wholesale money market short-term interest rates. Specifically, the Fund is benchmarked against 7 Day Sterling LIBID. The underlying investments of the Fund are a diversified portfolio of money market instruments. The instruments are of a high quality and have a minimum credit rating of A1 or an equivalent standing.
Benchmark
  • London Interbank Bid Rate Aquila method (rate^days/365)
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
0.3%
1 Year rank in sector
49/246
Sector
PN Money Market
Yield
-
Fund size
£1,055m (£801m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
1
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn13.4%
ReAssure HL FxIntPnStf LS Pn10.1%
ReAssure HL FxIntPn Stf Pn10.1%
Phoenix Fixed Int Individual Pn9.7%
Phoenix Prop Old Bldg Society Pn4.7%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • UK31.7%
    Japan15.9%
    France10.2%
    Netherlands8.8%
    Sweden7.2%
  • Certificates of Deposit45.1%
    Commercial Paper20.7%
    Money Market19.5%
    Time Deposits6.2%
    Fixed Interest5.6%
  • Money Market94.3%
    Global Fixed Interest5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.1%0.3%1.2%2%
Sector0%0.1%0.2%0.6%1.1%1.7%
Rank within sector60 / 24861 / 24863 / 24849 / 24638 / 22840 / 215
Quartile1st1st2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.1%0.4%0.4%0.4%0.4%
Sector0.1%0.7%0%0.4%0.2%
Rank within sector67 / 24834 / 24140 / 22942 / 22538 / 219
Quartile2nd1st1st1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.41
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-0
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
0.05
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.27
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.19
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high389.5
52 week low388.3
Current bid price-
Current offer price-
Current mid price389.5
Region
1UK31.71%
2Japan15.88%
3France10.18%
4Netherlands8.84%
5Sweden7.21%
6Germany5.43%
7Singapore5.07%
8Belgium4.65%
9Canada4.43%
Industry sector
1Certificates of Deposit45.08%
2Commercial Paper20.74%
3Money Market19.48%
4Time Deposits6.21%
5Fixed Interest5.63%
6Asset Backed Commercial Paper2.79%
Asset type
1Money Market94.3%
2Global Fixed Interest5.63%
Individual holdings
1ICS INS GBP LIQ HERITAGE DIS99.87%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Pensions Mgmt Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to achieve an investment return that is in line with wholesale money market short-term interest rates. Specifically, the Fund is benchmarked against 7 Day Sterling LIBID. The underlying investments of the Fund are a diversified portfolio of money market instruments. The instruments are of a high quality and have a minimum credit rating of A1 or an equivalent standing.
Benchmark
  • London Interbank Bid Rate Aquila method (rate^days/365)
Investment style
Liquidity
Investment method
None
Fund managers
NameSinceBiography
Bea Rodriguez14/02/2014Bea Rodriguez, Managing Director, is a senior member of the Non-Dollar Cash team within Trading & Liquidity Strategies Group. Prior to joining BlackRock in 2009, Ms. Rodriguez was with Fidelity International Investments, most recently as a sterling high grade portfolio manager and rates specialist, and previously as a manager of institutional and retail sterling money market funds as well as short duration strategies. Ms. Rodriguez was also a portfolio manager at Deutsche Bank AG from 2000 to 2003 where she headed up the cash reinvestment process for the securities lending desk as well as overseeing the launch and investments of Deutsche Banks offshore UCITs money market funds. She began her career at J.P. Morgan Investment Management in 1994. Ms. Rodriguez earned a BSc degree in management sciences from the London School of Economics and Political Sciences in 1993.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Aquila Life Cash Pn S1
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price389.5
Offer price389.5
Mid price-
CurrencyGBX
Price updated24/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeJO4X
BlackRock Aquila Life Cash Pn S1 NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price389.5
CurrencyGBX
Price updated24/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeJO4Y
BlackRock Aquila Life Cash Pn S2
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price389.4
Offer price389.4
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ162
BlackRock Aquila Life Cash Pn S2 NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price389.4
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBG56
Data provided by

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