Fact sheet: BlackRock ICS I EAstLqd

Fund information
Fund name
BlackRock ICS Institutional Euro Assets Liquidity Core Acc
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund manager
  • Matt Claysince 23/04/2013
Fund objective
The Institutional Euro Assets Liquidity Fund (the Fund) seeks to maximise current income consistent with the preservation of principal and liquidity through the maintenance of a portfolio of high quality short-term “money market” instruments.
Benchmark
  • LIBID 7 day
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
-0.3%
1 Year rank in sector
34/56
Sector
FO Currency - Euro
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.
0.12%
Fund size
£1,925m (£1,882m 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.
67
Top in this sector
Fund name1 Year
Carmignac PtfCapCbe3.5%
Amundi Abs Euro Taux Court1.6%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
Petercam L Liq EUR&FRN0.7%
SG Pvt Bank Accent Euro Cash0.5%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • USA25.1%
    France17.9%
    Japan14.2%
    Sweden10.4%
    Netherlands10.3%
  • Commercial Paper38.9%
    Certificates of Deposit17.6%
    Asset Backed Commercial Paper14.1%
    Time Deposits10.9%
    Investment Companies9.3%
  • Money Market81.5%
    Others9.3%
    Global Fixed Interest9.2%
    Global Government Fixed Interest0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.3%-0.3%-
Sector-0.1%-0.2%-0.3%-0.4%-0.3%0%
Rank within sector27 / 5831 / 5836 / 5734 / 5631 / 53-
Quartile2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.3%-0%-0%--
Sector-0.4%-0.1%0.1%0%0.3%
Rank within sector35 / 5616 / 5344 / 52--
Quartile3rd2nd4th
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.
-0.09
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.
0.19
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.
0.12
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.
-0.06
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.
0.27
Price movement
52 week high99.99
52 week low99.68
Current bid price-
Current offer price-
Current mid price99.67
Region
1USA25.07%
2France17.93%
3Japan14.22%
4Sweden10.42%
5Netherlands10.25%
6Money Market9.27%
7Finland4.19%
8Germany3.54%
9Canada2.96%
Industry sector
1Commercial Paper38.87%
2Certificates of Deposit17.63%
3Asset Backed Commercial Paper14.14%
4Time Deposits10.89%
5Investment Companies9.27%
6Fixed Interest9.16%
7Government Bonds0.05%
Asset type
1Money Market81.53%
2Others9.27%
3Global Fixed Interest9.16%
4Global Government Fixed Interest0.05%
Individual holdings
No data available.
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund objective
The Institutional Euro Assets Liquidity Fund (the Fund) seeks to maximise current income consistent with the preservation of principal and liquidity through the maintenance of a portfolio of high quality short-term “money market” instruments.
Benchmark
  • LIBID 7 day
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Matt Clay23/04/2013Matthew Clay, Director, is a member of the Non-Dollar Cash Team within Trading & Liquidity Strategies Group. Mr. Clay's service with the firm dates back to 2009, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was responsible for portfolio management and trading in BGI's European Cash Management Group. Prior to joining BGI, Mr. Clay was a portfolio manager at Lehman Brothers Asset Management. He began his career at Northern Trust in 1997, initially within the Securities lending operation and then as a portfolio manager for the Liquidity products within the Investment Management Division.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Canada, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Isle of Man, Ireland, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore
BlackRock ICS Institutional Euro Assets Liquidity Agency Dis EUR
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM7EA
BlackRock ICS Institutional Euro Assets Liquidity Core Acc
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.6738
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJCZA
BlackRock ICS Institutional Euro Assets Liquidity Core Dis
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJCYZ
BlackRock ICS Institutional Euro Assets Liquidity Premier Acc EUR
Initial charge-
Annual charge0.1%
Min single investment£1,000,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.9419
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJR9U
BlackRock ICS Institutional Euro Assets Liquidity Premier Dis EUR
Initial charge-
Annual charge-
Min single investment£1,000,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJNME
Data provided by

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