Fact sheet: BlackRock GIF Nth Am Eq Idx

Fund information
Fund name
BlackRock GIF North America Equity Index A2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Harvey Sidhusince 22/10/2012
  • Kieran Doylesince 22/10/2012
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 MSCI North America Index, the Fund’s benchmark index. The Fund aims to invest as far as possible and practicable in the equity securities that make up the benchmark index.
Benchmark
  • MSCI North America
Investment style
Passive/Tracking
Investment method
Shares, Physical - Full
Quick stats
1 Year return
7.7%
1 Year rank in sector
19/37
Sector
FO Equity - North America
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.
0.52%
Fund size
£727m (£559m 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.
103
Top in this sector
Fund name1 Year
Sanlam FOUR US Div Inc40.1%
M&G Offshore North Am Div33.7%
La Mondiale American Equity26.6%
Lloyds North American26.4%
SEB Nordamerika Små&Medel Blg22.6%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • USA94.3%
    Canada5.8%
  • Information Technology21%
    Financials14.8%
    Health Care13.1%
    Consumer Discretionary12.5%
    Consumer Staples9.6%
  • US Equities94.3%
    Canadian Equities5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.2%1%4.9%7.7%23%-
Sector6.9%2.9%8.8%11.2%28.4%77.8%
Rank within sector27 / 3927 / 3925 / 3819 / 3718 / 30-
Quartile3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.8%-2%12.6%30%-
Sector12.3%-0.8%12.9%29.7%8.8%
Rank within sector24 / 3727 / 3515 / 3117 / 29-
Quartile3rd4th2nd3rd
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.
-1.75
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.
1.06
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.
0.31
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%.
11.51
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.
2.85
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.
-0.46
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.
0.94
Price movement
52 week high156.51
52 week low128.03
Current bid price-
Current offer price-
Current mid price156.06
Region
1USA94.25%
2Canada5.75%
Industry sector
1Information Technology20.95%
2Financials14.81%
3Health Care13.11%
4Consumer Discretionary12.54%
5Consumer Staples9.62%
6Industrials8.67%
7Energy7.93%
8Materials3.49%
9Utilities3.32%
Asset type
1US Equities94.25%
2Canadian Equities5.75%
Individual holdings
1APPLE INC3.06%
2MICROSOFT CORP2.19%
3EXXON MOBIL CORP1.7%
4JOHNSON & JOHNSON1.57%
5AMAZON.COM INC1.56%
6FACEBOOK INC1.49%
7GENERAL ELECTRIC CO.1.32%
8JPMORGAN CHASE & CO1.24%
9ALPHABET INC1.19%
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 MSCI North America Index, the Fund’s benchmark index. The Fund aims to invest as far as possible and practicable in the equity securities that make up the benchmark index.
Benchmark
  • MSCI North America
Investment style
Passive/Tracking
Investment method
Shares, Physical - Full
Fund managers
NameSinceBiography
Harvey Sidhu22/10/2012Harvey is an indexation manager at Sinopia Asset Management (UK). He joined HSBC in 2000 and as a quantitative analyst and was originally responsible for undertaking research assignments on behalf of the Global Research Group before moving into a fund management role. Prior to joining the company, he worked for Rothschild Asset Management where he covered research on global equity strategy and several European sectors. He holds an MSc in Investment Management from City University Business School in London and is currently a candidate for the CFA Level 2 examination.
Kieran Doyle22/10/2012Kieran Doyle, CFA, Vice President and portfolio manager, is a member of BlackRock's Institutional Index Equity team. Mr. Doyle's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Institutional Index Equity team. Prior to joining BGI, he was with KPMG. Mr. Doyle earned a master's degree in economics and finance from Bristol University in 2000.
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, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Sweden, South Africa
BlackRock GIF North America Equity Index A2 USD
Initial charge5%
Annual charge0.45%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price156.06
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGW5V
BlackRock GIF North America Equity Index F2 USD
Initial charge5%
Annual charge0.15%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158.13
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGW5W
BlackRock GIF North America Equity Index N2 USD
Initial charge5%
Annual charge0.15%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158.33
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGW5X
BlackRock GIF North America Equity Index N7 EUR
Initial charge5%
Annual charge0.15%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price181.81
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF3KA
BlackRock GIF North America Equity Index N7 USD
Initial charge5%
Annual charge0.15%
Min single investment£50,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price196.25
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFBCP
BlackRock GIF North America Equity Index X2 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price148.31
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8SP
BlackRock GIF North America Equity Index X2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.29
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGW5Y
Data provided by

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