Fact sheet: BlackRock ICS Int Eur Lq

Fund information
Fund name
BlackRock ICS Institutional Euro Liquidity G II Acc
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund managers
  • Bea Rodriguezsince 14/02/2014
Fund objective
The Institutional Euro 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
37/57
Sector
FO Currency - Euro
Yield
-0.4%
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.
0.05%
Fund size
£23,311m (£21,008m 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%
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Performance snapshot

Holdings snapshot

  • France20.9%
    USA17.3%
    Japan14.5%
    Germany10.9%
    Sweden10.4%
  • Commercial Paper37.8%
    Certificates of Deposit24%
    Money Market10.8%
    Asset Backed Commercial Paper7.7%
    Time Deposits7.4%
  • Money Market87.7%
    Global Government Fixed Interest7.3%
    Global Fixed Interest4.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.3%-0.3%-0%
Sector-0.1%-0.1%-0.2%-0.2%-0.1%0.3%
Rank within sector32 / 5939 / 5838 / 5837 / 5736 / 54-
Quartile3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-0.1%0%0%0.1%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector37 / 5831 / 5434 / 5331 / 50-
Quartile3rd3rd3rd3rd
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.
-0.1
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.
0.13
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.
0.11
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.
-1.03
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.
0.15
Price movement
52 week high1016.16
52 week low1013.4
Current bid price-
Current offer price-
Current mid price1013.4
Region
1France20.87%
2USA17.3%
3Japan14.49%
4Germany10.94%
5Sweden10.44%
6Eurozone7.97%
7Netherlands7.2%
8Switzerland2.91%
9Canada2.22%
Industry sector
1Commercial Paper37.78%
2Certificates of Deposit24.01%
3Money Market10.84%
4Asset Backed Commercial Paper7.71%
5Time Deposits7.35%
6Government Bonds7.32%
7Fixed Interest4.87%
Asset type
1Money Market87.69%
2Global Government Fixed Interest7.32%
3Global Fixed Interest4.87%
Individual holdings
1RABOBANK NEDERLAND FRN 19/01/17 EUR10002.86%
2AGENCE CENTRALE DES ORGANISMES DE SECURITE SOCIALE2.74%
3GERMANY(FEDERAL REPUBLIC OF) 1.25% BDS 14/10/16 EUR0.012.05%
4AGENCE CENTRALE DES ORGANISMES DE SECURITE SOCIALE1.63%
5GERMANY(FEDERAL REPUBLIC OF) 0% BDS 16/12/16 EUR0.011.61%
6ACOSS 01.09.161.43%
7NORDEA BANK AB1.18%
8SKANDINAVISKA ENSKILDA BANKEN AB1.12%
9ERSTE ABWICKLUNGSANSTALT1.02%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Inv Mgt (Dublin) Ltd
Fund type
OEIC
Fund objective
The Institutional Euro 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 managers
NameSinceBiography
Bea Rodriguez14/02/2014Bea Rodriguez, Managing Director, is a senior member of the Non-Dollar Cash team within Trading & Liquidity Strategies Group. Prior to joining BlackRock in 2009, Ms. Rodriguez was with Fidelity International Investments, most recently as a sterling high grade portfolio manager and rates specialist, and previously as a manager of institutional and retail sterling money market funds as well as short duration strategies. Ms. Rodriguez was also a portfolio manager at Deutsche Bank AG from 2000 to 2003 where she headed up the cash reinvestment process for the securities lending desk as well as overseeing the launch and investments of Deutsche Banks offshore UCITs money market funds. She began her career at J.P. Morgan Investment Management in 1994. Ms. Rodriguez earned a BSc degree in management sciences from the London School of Economics and Political Sciences in 1993.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, 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 Euro Liquidity Core Dis
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEFO7
BlackRock ICS Institutional Euro Liquidity G Dis
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGH7S
BlackRock ICS Institutional Euro Liquidity G II Acc
Initial charge-
Annual charge0.25%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1013.4026
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGH7R
BlackRock ICS Institutional Euro Liquidity Heritage Acc
Initial charge-
Annual charge0.13%
Min single investment£750,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.1167
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDAM9
BlackRock ICS Institutional Euro Liquidity Heritage Dis
Initial charge-
Annual charge0.13%
Min single investment£750,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBR08
BlackRock ICS Institutional Euro Liquidity Premier Acc
Initial charge-
Annual charge0.1%
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 price101.2481
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YI9
BlackRock ICS Institutional Euro 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)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11GL
BlackRock ICS Institutional Euro Liquidity Select Acc
Initial charge-
Annual charge-
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.7178
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMRBJ
BlackRock ICS Institutional Euro Liquidity Select Dis
Initial charge-
Annual charge0.15%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11GF
Data provided by

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