Fact sheet: BlackRock SF Fxd Inc Strat

Fund information
Fund name
BlackRock SF Fixed Income Strategies D2
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Johan Sjogrensince 01/01/2016
  • Michael Krautzbergersince 30/09/2009
Fund objective
The Fund aims to achieve positive returns on your investment through a combination of capital growth and income on the Fund's assets over a rolling three year period. The Fund seeks to gain at least 70% of any market exposure to fixed income (FI) securities and FI-related securities issued by, or giving exposure to, governments, government agencies, companies and supranationals worldwide. This is achieved by investing at least 70% of its total assets in FI securities, FI-related securities, currency forwards and where appropriate, deposits and cash. FI securities include bonds as well as money market instruments. FI-related securities include financial derivative instruments (FDIs). A currency forward is a type of FDI which locks in the price at which an entity can buy or sell a currency at a future date. No more than 40% of the Fund's assets may be invested in FI securities which have a relatively low credit rating or which are unrated. The remainder will include investments which are investment grade at the time of purchase.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
1.4%
1 Year rank in sector
260/287
Sector
FO Fixed Int - Global
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.
0.86%
Fund size
£5,841m (£4,628m 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.
10
Top in this sector
Fund name1 Year
Capital Group GHIOL33%
Russell Gbl Bd28%
Aberdeen Global II GlGovtBd27.9%
Dodge & Cox Global Bond26.8%
Baring Intl Bd26.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Money Market18.1%
    Italy15.9%
    UK11.3%
    Germany9.2%
    USA8.6%
  • Government Bonds41.9%
    Corporate Bonds21.1%
    Money Market18.1%
    Government Guaranteed10.3%
    Mortgage & Secured Bonds8.7%
  • Money Market18.1%
    Italian Fixed Interest15.9%
    UK Fixed Interest11.4%
    German Fixed Interest9.2%
    US Fixed Interest8.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1.5%1.3%1.4%9.4%21.5%
Sector-0.1%2.3%4.3%5.8%8.5%17.1%
Rank within sector74 / 304191 / 302272 / 300260 / 287111 / 22862 / 161
Quartile1st3rd4th4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.7%2.5%4.1%4.2%8.1%
Sector6.2%-1.6%3.7%-1.6%8.2%
Rank within sector274 / 29627 / 276118 / 23720 / 20477 / 170
Quartile4th1st2nd1st2nd
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.
2.31
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.
-0
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%.
1.64
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.
2.47
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 high122.87
52 week low119.29
Current bid price-
Current offer price-
Current mid price122.69
Region
1Money Market18.13%
2Italy15.86%
3UK11.26%
4Germany9.24%
5USA8.62%
6France6.51%
7Portugal5.79%
8Spain5.75%
9Belgium3.39%
Industry sector
1Government Bonds41.92%
2Corporate Bonds21.05%
3Money Market18.13%
4Government Guaranteed10.25%
5Mortgage & Secured Bonds8.65%
Asset type
1Money Market18.13%
2Italian Fixed Interest15.86%
3UK Fixed Interest11.42%
4German Fixed Interest9.24%
5US Fixed Interest8.62%
6French Fixed Interest6.51%
7Portuguese Fixed Interest5.79%
8Spanish Fixed Interest5.75%
9Belgian Fixed Interest3.39%
Individual holdings
1ITALY (REPUBLIC OF)13.53%
2UNITED STATES TREASURY5.5%
3PORTUGAL(REPUBLIC OF)5.05%
4UNITED KINGDOM (GOVERNMENT OF)4.1%
5SPAIN (KINGDOM OF)3.13%
6FRANCE (REPUBLIC OF)2.73%
7IRELAND (REPUBLIC OF)2.21%
8GERMANY (FED REP)2.1%
9NORDRHEIN-WESTFALEN LAND OF1.94%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve positive returns on your investment through a combination of capital growth and income on the Fund's assets over a rolling three year period. The Fund seeks to gain at least 70% of any market exposure to fixed income (FI) securities and FI-related securities issued by, or giving exposure to, governments, government agencies, companies and supranationals worldwide. This is achieved by investing at least 70% of its total assets in FI securities, FI-related securities, currency forwards and where appropriate, deposits and cash. FI securities include bonds as well as money market instruments. FI-related securities include financial derivative instruments (FDIs). A currency forward is a type of FDI which locks in the price at which an entity can buy or sell a currency at a future date. No more than 40% of the Fund's assets may be invested in FI securities which have a relatively low credit rating or which are unrated. The remainder will include investments which are investment grade at the time of purchase.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Johan Sjogren01/01/2016Johan Sjogren, Director, is a member of the European Fixed Income Team within BlackRock Fundamental Fixed Income Portfolio Management Group. Mr. Sjogren joined Blackrock in 2010 from Bank of America Merrill Lynch where he worked as an analyst. Mr. Sjogren earned a B.Sc. degree, with First Class Honours, in Financial Economics from the University of St Andrews in 2008. Since joining BlackRock Mr. Sjogren has focused on managing aggregate flexible strategies with a focus on rates and currencies.
Michael Krautzberger30/09/2009Michael Krautzberger, CFA, EFFAS, Managing Director, is a member of the Global/Non-Dollar Portfolio Team and Head of Euro Fixed Income within BlackRock's Fixed Income Portfolio Management Group. Michaela's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM). He joined MLIM as head of the European Fixed Income Aggregate portfolio team and was responsible for the UCITS III restructuring of the MLIIF Euro Bond Funds. Prior to joining MLIM, He was head of European fixed income at Union Investment in Frankfurt since 1999. Previously, he spent five years with Deutsche Bank's DWS, where he managed global fixed income portfolios and was responsible for the pre-Euro European currency unit and structured products. He earned a BA degree in business administration and computer science from the European Business School in 1994, and a MA degree in economics from the University of Hagen in 1996.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Guernsey, Hungary, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden
BlackRock SF Fixed Income Strategies A2
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price119.41
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQB6
BlackRock SF Fixed Income Strategies A2 Hedged CHF
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price102.2
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFISR
BlackRock SF Fixed Income Strategies A2 Hedged USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price104.98
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFISP
BlackRock SF Fixed Income Strategies A2 RF Hedged GBP
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.54
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSOG
BlackRock SF Fixed Income Strategies A4 EUR
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price104
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIWK
BlackRock SF Fixed Income Strategies A4 Hedged CHF
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price101.88
CurrencyCHF
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFISK
BlackRock SF Fixed Income Strategies A4 Hedged USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price104.59
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFISJ
BlackRock SF Fixed Income Strategies D2
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price122.69
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGQB8
BlackRock SF Fixed Income Strategies D2 Hedged CHF
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.41
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMLK
BlackRock SF Fixed Income Strategies D2 Hedged USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.01
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMLL
BlackRock SF Fixed Income Strategies D2 RF Hedged GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.54
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKD
BlackRock SF Fixed Income Strategies D3RF Hedged USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.59
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFS6C
BlackRock SF Fixed Income Strategies D4 EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFLYU
BlackRock SF Fixed Income Strategies D5 RF Hedged GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.93
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOKE
BlackRock SF Fixed Income Strategies E2
Initial charge3%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price115.55
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQB9
BlackRock SF Fixed Income Strategies I2
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price122.64
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGQC0
BlackRock SF Fixed Income Strategies I2 Hedged
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1036.47
CurrencySEK
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLDF
BlackRock SF Fixed Income Strategies I5
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.55
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOSA
BlackRock SF Fixed Income Strategies X2
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price127.56
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLCH2
BlackRock SF Fixed Income Strategies X4 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.24
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFVQC
Data provided by

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