Fact sheet: BlackRock ICS Inst $ Liq

Fund information
Fund name
BlackRock ICS Institutional US Dollar Liquidity Admin I Acc USD
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund manager
  • Coleen Gasiewskisince 17/12/1998
Fund objective
The Institutional US Dollar 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 shortterm “money market” instruments.
Benchmark
  • LIBID 7 day
Investment style
Liquidity
Investment method
Mixed
Quick stats
1 Year return
0.3%
1 Year rank in sector
16/56
Sector
FO Currency - US Dollar
Yield
0.6%
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.
0.25%
Fund size
£32,161m (£25,873m 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.
66
Top in this sector
Fund name1 Year
Hume Caut MA $1%
BlackRock ICSInt$UlStBd0.9%
CMI US Dollar Currency Reserve0.7%
Dimensional One Year Fxd Inc Pfl0.7%
Amundi Cash USD0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • France16%
    Canada14.3%
    Japan14.2%
    Sweden11.6%
    Germany9.9%
  • Certificates of Deposit33.9%
    Time Deposits24.1%
    Commercial Paper22.8%
    Asset Backed Commercial Paper16.3%
    Others1.9%
  • Money Market98.2%
    Others1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.3%0.3%0.5%
Sector0%0.1%0.2%0.3%0.3%0.6%
Rank within sector16 / 6016 / 5917 / 5716 / 5621 / 52-
Quartile2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0%0%0%0.1%
Sector0.2%0.1%-0%-0.1%0.4%
Rank within sector16 / 5726 / 5420 / 52--
Quartile2nd2nd2nd
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.
0.08
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.
0.22
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%.
0.04
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.
0.07
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.
-0.21
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.
0.2
Price movement
52 week high100.35
52 week low100.05
Current bid price-
Current offer price-
Current mid price100.35
Region
1France16%
2Canada14.31%
3Japan14.24%
4Sweden11.64%
5Germany9.9%
6Australia8.81%
7USA8.78%
8Singapore7.08%
9Belgium3.1%
Industry sector
1Certificates of Deposit33.91%
2Time Deposits24.11%
3Commercial Paper22.8%
4Asset Backed Commercial Paper16.26%
5Others1.85%
6Money Market1.08%
Asset type
1Money Market98.16%
2Others1.85%
Individual holdings
1JPM SAVINGS BANK DEPOSITS1.85%
2TORONTO DOMINION HOLDINGS USA INC1.08%
3NRW BANK0.9%
4Bank Nederlandse Gemeenten0.89%
5NRW BANK0.85%
6AUSTRALIA & NEW ZEALAND BANKING GROUP LTD0.77%
7SVENSKA HANDELSBANKEN AB0.75%
8CANCARA ASSET SECURITISATION LLC0.73%
9SUMITOMO MITSUI TRUST BANK LTD (NY BRANCH)0.73%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund objective
The Institutional US Dollar 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 shortterm “money market” instruments.
Benchmark
  • LIBID 7 day
Investment style
Liquidity
Investment method
Mixed
Fund manager
NameSinceBiography
Coleen Gasiewski17/12/1998Coleen Gasiewski, Director and portfolio manager, is a member of BlackRock's Cash Management Group. She is responsible for managing US Liquidity portfolios, including prime institutional funds as well as dollar denominated offshore portfolios. Ms. Gasiewski's service with the firm dates back to 1996, including her years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Ms. Gasiewski was a portfolio manager for the CMA Money Fund, the Premier and Institutional Funds as well as several large offshore US Dollar and separate accounts. She began her investment career at MLIM in 1996. Ms. Gasiewski earned an AD in Science from Widener University in 1994 and a BA degree in business management from Thomas Edison University in 2005.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Isle of Man, Ireland, Iceland, Italy, Luxembourg, Monaco, Netherlands, Norway, Offshore, Peru, Singapore
BlackRock ICS Institutional US Dollar Liquidity Admin I Acc USD
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.3475
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK1US
BlackRock ICS Institutional US Dollar Liquidity Core Dis
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEFO5
BlackRock ICS Institutional US Dollar Liquidity Heritage Acc
Initial charge-
Annual charge0.13%
Min single investment£750,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.13%
Bid price-
Offer price-
Mid price101.0673
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEQJ2
BlackRock ICS Institutional US Dollar 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
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11GP
BlackRock ICS Institutional US Dollar Liquidity Select Acc
Initial charge-
Annual charge0.1%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.8668
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YI5
BlackRock ICS Institutional US Dollar Liquidity Select Dis
Initial charge-
Annual charge0.15%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11GJ
Data provided by

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