Fact sheet: BlackRock Cash

Fund information
Fund name
BlackRock Cash D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Bea Rodriguezsince 31/01/2014
Fund objective
The Fund aims to achieve a competitive rate of interest on your investment, consistent with maintaining capital and ensuring that its underlying assets can easily be bought or sold in the market. The Fund invests principally in cash, deposits and money-market instruments denominated in Sterling. The money-market instruments will be issued by both UK and non-UK governments, government agencies, companies and supranationals and will be investment grade at the time of purchase.
Benchmark
  • GBP 1W LIBID (BP0001W -1/8 method)
Investment style
Liquidity
Investment method
Deposits
Quick stats
1 Year return
0.3%
1 Year rank in sector
3/8
Sector
UT Short Term Money Market
Yield
0.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.32%
Fund size
£2,195m (£1,331m 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
Bid price
240
Offer price
240.1
Top in this sector
Fund name1 Year
Royal London Short Tm Mny Mkt0.3%
Architas Liquidity0.3%
BlackRock Cash0.3%
Fidelity Grs Accumulating Csh0.2%
Fidelity Cash0.1%
...more in UT Short Term Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit45.7%
    Time Deposits16.7%
    Commercial Paper16%
    Asset Backed Commercial Paper11.9%
    Floating Rate Notes9.7%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.1%0.3%0.7%1.2%
Sector0%0%0.1%0.1%0.3%0.5%
Rank within sector5 / 94 / 95 / 93 / 82 / 81 / 8
Quartile3rd2nd3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.2%0.3%0.2%0.4%
Sector0.1%0.1%0%0%0.2%
Rank within sector3 / 82 / 81 / 82 / 81 / 8
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.
0.17
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.
0.55
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%.
0.07
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.
0.07
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.
1.85
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.
0.03
Price movement
52 week high240
52 week low239.4
Current bid price240
Current offer price240.1
Current mid price-
Region
1Money Market100%
Industry sector
1Certificates of Deposit45.71%
2Time Deposits16.68%
3Commercial Paper16.02%
4Asset Backed Commercial Paper11.85%
5Floating Rate Notes9.74%
Asset type
1Money Market100%
Individual holdings
1BNP PARIBAS SA (LONDON BRANCH) GB4.58%
2CREDIT AGRICOLE CORPORATE AND INVE4.58%
3ING BANK NV (AMSTERDAM BRANCH) GB4.58%
4 MIZUHO BANK LTD (LONDON BRANCH)4.01%
5SUMITOMO TRUST & BANKING CO NPV3.94%
6DZ BANK AG DEUTSCHE ZENTRAL GENOSS3.66%
7COOPERATIEVE RABOBANK UA (LONDON B3.54%
8BANK OF AMERICA CORP3.44%
9SYNNVX 2 1/8 11/01/293.44%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve a competitive rate of interest on your investment, consistent with maintaining capital and ensuring that its underlying assets can easily be bought or sold in the market. The Fund invests principally in cash, deposits and money-market instruments denominated in Sterling. The money-market instruments will be issued by both UK and non-UK governments, government agencies, companies and supranationals and will be investment grade at the time of purchase.
Benchmark
  • GBP 1W LIBID (BP0001W -1/8 method)
Investment style
Liquidity
Investment method
Deposits
Fund managers
NameSinceBiography
Bea Rodriguez31/01/2014Bea 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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Cash A Acc
Initial charge-
Annual charge0.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price237.6
Offer price237.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeME46
BlackRock Cash A Inc
Initial charge-
Annual charge0.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price100.6
Offer price100.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeME45
BlackRock Cash D Acc
Initial charge-
Annual charge0.25%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.31%
Bid price240
Offer price240.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code00P8
BlackRock Cash D Inc
Initial charge-
Annual charge0.25%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.31%
Bid price100.5
Offer price100.5
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code00P9
BlackRock Cash S Acc
Initial charge5%
Annual charge0.2%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)-
Bid price100.4
Offer price105.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM75C
BlackRock Cash S Inc
Initial charge5%
Annual charge0.2%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)-
Bid price100.1
Offer price105.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM75D
BlackRock Cash X
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price100.8
Offer price100.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM63M
Data provided by

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