Fact sheet: BlackRock Stg Strategic Bd

Fund information
Fund name
BlackRock Sterling Strategic Bond D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Simon Blundellsince 17/05/2016
  • Ben Edwardssince 17/05/2016
Fund objective
No data available.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
10.4%
1 Year rank in sector
14/82
Sector
UT Sterling Strategic Bond
Yield
2.3%
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.
0.74%
Fund size
£34m (£30m last year)
Bid price
110.1
Offer price
110.8
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc15.7%
Fidelity UK Inv Grd Lg Cr15.5%
Fidelity I Stg Cr + Bd14.2%
Fidelity Pre-Retirmnt Bd13.4%
AXA Framlington Mgd Inc12.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK59.5%
    USA15.4%
    Germany10.3%
    France4.4%
    Italy2.8%
  • Industrials36.2%
    Financials26.4%
    Utilities14.5%
    Asset/Mortgage-Backed Securities10.8%
    Government Bonds6.5%
  • Global Fixed Interest98.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%2.3%5.4%10.4%--
Sector1%2%4.9%8.1%14%31.5%
Rank within sector21 / 8321 / 8329 / 8314 / 82--
Quartile2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.7%----
Sector3.3%7.3%-0.3%6.8%2.6%
Rank within sector29 / 83----
Quartile2nd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high110.1
52 week low99.82
Current bid price110.1
Current offer price110.8
Current mid price-
Region
1UK59.48%
2USA15.43%
3Germany10.25%
4France4.42%
5Italy2.75%
6Switzerland2.69%
7Australia1.63%
8Money Market1.57%
9Spain1.08%
Industry sector
1Industrials36.17%
2Financials26.43%
3Utilities14.53%
4Asset/Mortgage-Backed Securities10.79%
5Government Bonds6.52%
6Government Agency Bonds2.79%
7Money Market1.57%
8Mortgage & Secured Bonds1.2%
Asset type
1Global Fixed Interest98.43%
2Money Market1.57%
Individual holdings
1VOLKSWAGEN FINANCIAL SERVICES N.V. MTN REGS 2.25 04/12/20252.79%
2GERMANY (FEDERAL REPUBLIC OF) 0 10/08/20212.77%
3BANK OF SCOTLAND PLC REGS 9.375 05/15/20212.32%
4NATIONAL WESTMINSTER BANK 6.5% NOTES 7/9/2021 GBP(VAR)2.09%
5MORGAN STANLEY MTN 1.875 04/27/20272.04%
6WELLS FARGO & CO 2.125% NTS 20/12/23 GBP1000002%
7WESTERN POWER DISTRIBUTION EAST MID 3.625% NTS 06/11/23 GBP1000001.99%
8BRITISH TELECOMMUNICATIONS PLC REGS 5.75 12/07/20281.91%
9GNKLN A51.85%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
No data available.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Simon Blundell17/05/2016Simon Blundell, Director, is a member of the Sterling Bond Portfolio Team within BlackRock Fundamental Fixed Income.Prior to joining BlackRock in 2011, Mr. Blundell was Head of Institutional Credit Portfolio Management at Aviva Investors where he oversaw £9 billion in assets across Euro, Sterling, and Global credit and aggregate products. Prior to joining Aviva in 2009, Mr. Blundell spent 10 years at ABN AMRO Asset Management (later acquired by Fortis Investments where he stayed on for a year), most recently as head of credit. He previously held positions at HSBC Asset Management and Morgan Grenfell Asset Management. He began his investment career in 1994.
Ben Edwards17/05/2016Ben Edwards, Director, is a member of the Sterling Bond Portfolio team within BlackRock Fundamental Fixed Income. He is the manager of the BlackRock Corporate Bond Fund. Prior to joining BlackRock in 2010, Mr. Edwards was at Legal and General Investment Management from 2003 to 2009 where he was, most recently, a portfolio manager, responsible for both institutional and retail sterling corporate bond portfolios. He began his career as an Analyst at M&G in 2002. Mr. Edwards earned a Business degree from the Queensland University of Technology (Aust.) in 2000 and a post-graduate degree in Finance from the Financial Services Institute of Australia in 2002. Mr Edwards is a CFA charterholder.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Sterling Strategic Bond A Acc
Initial charge5%
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price109.5
Offer price115.7
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN78P
BlackRock Sterling Strategic Bond A Inc
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price108.4
Offer price114.4
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN78Q
BlackRock Sterling Strategic Bond D Acc
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price110.1
Offer price110.8
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN78R
BlackRock Sterling Strategic Bond D Inc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price108.2
Offer price108.9
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN78S
BlackRock Sterling Strategic Bond X Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price110.7
Offer price111.4
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN78T
BlackRock Sterling Strategic Bond X Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price108.3
Offer price109
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN78U
BlackRock Sterling Strategic Bond Z Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price110.3
Offer price111
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN78V
BlackRock Sterling Strategic Bond Z Inc
Initial charge-
Annual charge0.5%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price108.2
Offer price108.9
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN78W
Data provided by

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