Fact sheet: BlackRock CorpBd1 to10Yr

Fund information
Fund name
BlackRock Corporate Bond 1 to 10 Year D
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Duncan Fergussonsince 29/06/2010
Fund objective
The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, by tracking closely the performance of a composite benchmark comprising of the Bank of America Merrill Lynch Sterling Corporate Securities 1-5 Year Index and the Bank of America Merrill Lynch Sterling Corporate Securities 5-10 Year Index, the Fund’s benchmark indices. The Fund invests in fixed income securities (such as bonds) that make up the benchmark indices and, at the time of purchase, comply with the credit rating requirements of the benchmark indices.
Benchmark
  • BofA ML Sterling 1-10 Yr Cust Benchmark
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Quick stats
1 Year return
4.9%
1 Year rank in sector
62/91
Sector
UT Sterling Corporate Bond
Yield
3.1%
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.
0.17%
Fund size
£888m (£894m 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.
22
Bid price
138.1
Offer price
139
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond10.4%
F&C Instl Lg Dtd Corp Bd9.2%
Newton Long Corporate Bond9.2%
Henderson Inst Long Dat Cr9.1%
Blackrock InstBdOver10YrCorp8.4%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK48.5%
    USA13.3%
    France7.7%
    Germany7.6%
    Australia5%
  • Financials45.7%
    Industrials36.2%
    Utilities14.4%
    Government Agency Bonds3.9%
    Money Market-0.2%
  • UK Fixed Interest48.6%
    US Fixed Interest13.3%
    French Fixed Interest7.7%
    German Fixed Interest7.6%
    Australian Fixed Interest5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-2.5%2.5%4.9%14.2%37.7%
Sector-1.6%-4.9%2.7%5.4%16.6%35%
Rank within sector14 / 9716 / 9451 / 9462 / 9166 / 8637 / 71
Quartile1st1st3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.8%0.8%7.8%2.1%15%
Sector6.9%-0.3%10.1%0.2%12.1%
Rank within sector69 / 9213 / 9069 / 8716 / 7821 / 71
Quartile3rd1st4th1st2nd
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.
0.93
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.
0.68
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.
0.28
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%.
3.68
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.
1.87
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.
-0.37
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.
0.95
Price movement
52 week high142.2
52 week low129.2
Current bid price138.1
Current offer price139
Current mid price-
Region
1UK48.47%
2USA13.28%
3France7.66%
4Germany7.61%
5Australia5.04%
6Switzerland3.13%
7Netherlands2.85%
8Italy2.63%
9Spain2.17%
Industry sector
1Financials45.67%
2Industrials36.2%
3Utilities14.42%
4Government Agency Bonds3.9%
5Money Market-0.19%
Asset type
1UK Fixed Interest48.56%
2US Fixed Interest13.28%
3French Fixed Interest7.66%
4German Fixed Interest7.61%
5Australian Fixed Interest5.04%
6Swiss Fixed Interest3.13%
7Dutch Fixed Interest2.85%
8Italian Fixed Interest2.63%
9Spanish Fixed Interest2.17%
Individual holdings
1BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.03%
2IMPERIAL BRANDS FINANCE PLC 9% GTD NTS 17/02/22 GBP500000.97%
3ELECTRICITE DE FRANCE SA MTN REGS 6 12/31/20490.84%
4ENEL FINANCE INTL NV 5.625% EMTN 14/08/24 GBP10000.74%
5NGG FINANCE 5.625% RESET CAP SEC 18/06/73 GBP1000000.74%
6BG ENERGY CAPITAL 5.125% MTN 01/12/25 GBP10000.64%
7WELLS FARGO & CO 2% NTS 28/07/25 GBP1000000.63%
8LLOYDS BANK PLC 7.625% NTS 22/04/25 GBP10000.61%
9ANHEUSER-BUSCH INBEV SA/NV 9.75% NTS 30/07/24 GBP750000.6%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, by tracking closely the performance of a composite benchmark comprising of the Bank of America Merrill Lynch Sterling Corporate Securities 1-5 Year Index and the Bank of America Merrill Lynch Sterling Corporate Securities 5-10 Year Index, the Fund’s benchmark indices. The Fund invests in fixed income securities (such as bonds) that make up the benchmark indices and, at the time of purchase, comply with the credit rating requirements of the benchmark indices.
Benchmark
  • BofA ML Sterling 1-10 Yr Cust Benchmark
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Fund managers
NameSinceBiography
Duncan Fergusson29/06/2010Duncan Fergusson, Director and portfolio manager, is a member of BlackRock's Model-Based Fixed Income Portfolio Management Group. Mr. Fergusson's service with the firm dates back to 2003, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a member of the Portfolio Solutions team. Prior to this, he worked on the Securities Lending team. Mr. Fergusson earned a BSc degree in business administration from the University of Bath.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Corporate Bond 1 to 10 Year A
Initial charge5%
Annual charge0.45%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.52%
Total expense ratio (TER)0.48%
Bid price137.2
Offer price145
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVG1
BlackRock Corporate Bond 1 to 10 Year D
Initial charge-
Annual charge0.15%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.17%
Bid price138.1
Offer price139
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG6HW
BlackRock Corporate Bond 1 to 10 Year L
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.23%
Bid price140.1
Offer price140.9
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9J6
BlackRock Corporate Bond 1 to 10 Year X
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.03%
Bid price130.7
Offer price131.5
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0RW0
Data provided by

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