Fact sheet: BlackRock GIF € Aggr Bd Idx

Fund information
Fund name
BlackRock GIF Euro Aggregate Bond Index A2 EUR
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Darren Willssince 27/05/2013
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, which reflects the return of the Barclays Euro Aggregate Bond Index, the Fund’s benchmark index. The Fund aims to invest as far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the benchmark index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold them until they cease to form part of the Index and it is practicable to sell them.
Benchmark
  • Barclays Euro-Aggregate Index
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical - Full
Quick stats
1 Year return
2.1%
1 Year rank in sector
40/65
Sector
FO Fixed Int - EUR Investment Grade
Yield
-
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.
0.53%
Fund size
£417m (£362m 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.
73
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX21.4%
Russell IC II Euro FI19.5%
Capital Group EBdFL19.1%
Pimco GIS Euro Income Bond5.1%
SSgA EUrCrex-FinBdInd4.2%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • France22.6%
    Germany18%
    Italy15.8%
    Spain10.8%
    Netherlands5.8%
  • Government Bonds59%
    Corporate Bonds16.5%
    Government Guaranteed16.2%
    Mortgage & Secured Bonds8.3%
    Money Market0%
  • French Fixed Interest22.6%
    German Fixed Interest18%
    Italian Fixed Interest15.8%
    Spanish Fixed Interest10.8%
    Dutch Fixed Interest5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-3.4%-1.1%2.1%13.3%-
Sector-1.6%-2.7%-0.4%2.6%11.9%34.6%
Rank within sector38 / 6541 / 6542 / 6540 / 6524 / 62-
Quartile3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.1%0.4%10.6%--
Sector2.8%-0.2%8.9%3.4%15.2%
Rank within sector42 / 6524 / 6422 / 62--
Quartile3rd2nd2nd
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.
0.58
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.
0.95
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.
0.19
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%.
3.55
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.
1.56
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.
0.24
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.
0.81
Price movement
52 week high117.84
52 week low111.21
Current bid price-
Current offer price-
Current mid price113.61
Region
1France22.58%
2Germany18.04%
3Italy15.8%
4Spain10.75%
5Netherlands5.78%
6International4.95%
7Belgium4.37%
8Austria2.98%
9USA2.74%
Industry sector
1Government Bonds59.04%
2Corporate Bonds16.51%
3Government Guaranteed16.18%
4Mortgage & Secured Bonds8.26%
5Money Market0.01%
Asset type
1French Fixed Interest22.58%
2German Fixed Interest18.04%
3Italian Fixed Interest15.8%
4Spanish Fixed Interest10.75%
5Dutch Fixed Interest5.78%
6Global Fixed Interest4.95%
7Belgian Fixed Interest4.37%
8Austrian Fixed Interest2.98%
9US Fixed Interest2.74%
Individual holdings
1FRANCE(GOVT OF) 1.75% BDS 25/05/23 EUR10000.84%
2FRANCE(GOVT OF) 3.5% BDS 25/04/26 EUR10.62%
3FRANCE(GOVT OF) 5.75% BDS 25/10/2032 EUR10.6%
4FRANCE(GOVT OF) 3.25% BDS 25/10/21 EUR10.56%
5FRANCE(GOVT OF) 3.5% BDS 25/04/20 EUR10.55%
6ITALY(REPUBLIC OF) 4.5% BDS 01/03/26 EUR10000.54%
7FRANCE(GOVT OF) 2.75% BDS 25/10/27 EUR10000.53%
8SPAIN(KINGDOM OF) 5.5% NTS 30/04/21 EUR10000.52%
9FRANCE(GOVT OF) 4.5% BDS 25/04/41 EUR10.51%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
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, which reflects the return of the Barclays Euro Aggregate Bond Index, the Fund’s benchmark index. The Fund aims to invest as far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the benchmark index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold them until they cease to form part of the Index and it is practicable to sell them.
Benchmark
  • Barclays Euro-Aggregate Index
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical - Full
Fund manager
NameSinceBiography
Darren Wills27/05/2013Darren Wills, Director, is a portfolio manager within BlackRock's Model-Based Fixed Income Portfolio Management Group. Mr. Wills' service with the firm dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to BGI, Mr Wills was an investment manager at State Street Global Advisors, where he managed predominately sterling and global credit portfolios.Mr. Wills earned a BSc degree in mathematics and management sciences from University of Manchester Institute of Science and Technology and holds the Investment Management Certificate.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Jersey, Luxembourg, Netherlands, Norway, Offshore, Sweden, South Africa
BlackRock GIF Euro Aggregate Bond Index A2 EUR
Initial charge5%
Annual charge0.45%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.61
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8QR
BlackRock GIF Euro Aggregate Bond Index N7 EUR
Initial charge5%
Annual charge0.15%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.07
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF8QS
BlackRock GIF Euro Aggregate Bond Index X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.56
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8QQ
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