Fact sheet: BlackRock ICS Inst€Gov Lq

Fund information
Fund name
BlackRock ICS Institutional Euro Government Liquidity Agency Acc
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund manager
  • Dan Foransince 10/12/2008
Fund objective
The Institutional Euro Government Liquidity Fund (”the Fund”) seeks a moderate level of current income as is consistent with the liquidity and stability of principal.
Benchmark
  • Overnight Euro LIBID (Total Return Gross)
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
-0.4%
1 Year rank in sector
45/57
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.
0.03%
Fund size
£435m (£674m 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.
62
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.2%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
Petercam L Liq EUR&FRN0.7%
Hume Caut MA €0.6%
SG Pvt Bank Accent Euro Cash0.5%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • Germany44.8%
    France39%
    Netherlands8.7%
    Eurozone7.6%
  • Government Bonds91.8%
    Money Market7.6%
    Fixed Interest0.7%
  • Global Government Fixed Interest91.8%
    Money Market7.6%
    Global Fixed Interest0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.3%-0.4%-0.4%-
Sector-0.1%-0.1%-0.2%-0.2%-0.1%0.3%
Rank within sector46 / 5947 / 5848 / 5845 / 5740 / 54-
Quartile4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.3%-0.2%0.1%0%-
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector45 / 5837 / 5426 / 5318 / 50-
Quartile4th3rd2nd2nd
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.
-0.12
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.
0.24
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%.
0.06
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.
0.1
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.
-1.24
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.
0.19
Price movement
52 week high101.55
52 week low101.15
Current bid price-
Current offer price-
Current mid price101.15
Region
1Germany44.75%
2France39.02%
3Netherlands8.68%
4Eurozone7.55%
Industry sector
1Government Bonds91.75%
2Money Market7.55%
3Fixed Interest0.7%
Asset type
1Global Government Fixed Interest91.75%
2Money Market7.55%
3Global Fixed Interest0.7%
Individual holdings
1GERMANY(FEDERAL REPUBLIC OF) 1.25% BDS 14/10/16 EUR0.0123.91%
2GERMANY(FEDERAL REPUBLIC OF) 0% BDS 16/09/16 EUR0.0116.36%
3FRANCE(GOVT OF) 0% TB 05/10/16 EUR111.33%
4FRANCE(GOVT OF) 0% BDS 19/10/16 EUR110.07%
5FRANCE(GOVT OF) 0% TB 14/09/16 EUR110.07%
6FRANCE(GOVT OF) 5% OAT 25/10/2016 EUR17.55%
7NETHERLANDS(KINGDOM OF) 0% BDS 30/12/16 EUR15.03%
8NETHERLANDS (KINGDOM OF)3.65%
9GERMANY(FEDERAL REPUBLIC OF) 0% BDS 16/12/16 EUR0.012.52%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund objective
The Institutional Euro Government Liquidity Fund (”the Fund”) seeks a moderate level of current income as is consistent with the liquidity and stability of principal.
Benchmark
  • Overnight Euro LIBID (Total Return Gross)
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Dan Foran10/12/2008Daniel Foran, Director, is a member of the Non-US Rates, Sovereigns & Currency Investment Team within BlackRock's Fixed Income Portfolio Management Group. Prior to moving to his current role in 2008, Mr. Foran was a member of BlackRock's Cash Management Group, where he was a portfolio manager for various offshore funds. From 1993 to 2000, he was a portfolio manager for municipal money market funds at PNC Institutional Management Corporation. Mr, Foran began his career as an investment accountant at PFPC in 1991.Mr. Foran earned a BS degree in accounting from Virginia Polytechnical Institute in 1989.
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, Singapore
BlackRock ICS Institutional Euro Government Liquidity Agency Acc
Initial charge-
Annual charge0.03%
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 price101.1538
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGDBP
BlackRock ICS Institutional Euro Government Liquidity Core Dis
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeELJ2
BlackRock ICS Institutional Euro Government Liquidity Premier Dis
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 price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11GK
BlackRock ICS Institutional Euro Government Liquidity Select Dis
Initial charge-
Annual charge0.15%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11GE
Data provided by

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