Fact sheet: Blackrock Eur IGdCpBd Ix

Fund information
Fund name
Blackrock Euro Investment Grade Corp Bond Index Inst Acc NAV EUR
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund manager
No data available.
Fund objective
The BlackRock Euro Investment Grade Corporate Bond Index Fund (the “Fund”) aims to closely track the returns of the Barclays Euro Aggregate Corporate Index, an index designed to reflect the performance of the euro-denominated investment-grade corporate bond market.
Benchmark
  • Bloomberg Barclays Euro-Aggregate: Corporates Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.6%
1 Year rank in sector
26/59
Sector
FO Fixed Int - EUR Corporate Bond
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.
0.15%
Fund size
£1,103m (£771m 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.
71
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX14.8%
Edmond de Rothschild SgFnBd10.6%
Union UnInstEurSbrdnBnds10.1%
Robeco Fin Instns Bonds9.4%
LO €BBB-BB Fdmntl8.5%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • France19.1%
    USA17.2%
    Netherlands16.7%
    UK12.5%
    Others10.1%
  • Industrials50.8%
    Financials41.6%
    Utilities7.2%
    Money Market0.4%
  • French Fixed Interest19.1%
    US Fixed Interest17.2%
    Dutch Fixed Interest16.7%
    UK Fixed Interest12.5%
    Global Fixed Interest10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.1%-0.9%4.6%11.6%26.9%
Sector0.6%1.1%-0.8%5.4%9.5%23.8%
Rank within sector17 / 6025 / 6018 / 5926 / 599 / 5317 / 46
Quartile2nd2nd2nd2nd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.3%5%-0.6%8.4%2.2%
Sector0.3%4.7%-1%6.9%2.2%
Rank within sector33 / 6014 / 5819 / 5610 / 5226 / 49
Quartile3rd1st2nd1st3rd
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.
0.83
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.
0.89
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%.
2.79
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.
0.82
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.
0.61
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.
0.93
Price movement
52 week high12.91
52 week low12.21
Current bid price-
Current offer price-
Current mid price12.77
Region
1France19.1%
2USA17.2%
3Netherlands16.7%
4UK12.5%
5Others10.1%
6Germany7.1%
7Italy4.6%
8Spain3.9%
9Australia3.2%
Industry sector
1Industrials50.8%
2Financials41.6%
3Utilities7.2%
4Money Market0.4%
Asset type
1French Fixed Interest19.1%
2US Fixed Interest17.2%
3Dutch Fixed Interest16.7%
4UK Fixed Interest12.5%
5Global Fixed Interest10.1%
6German Fixed Interest7.1%
7Italian Fixed Interest4.6%
8Spanish Fixed Interest3.9%
9Australian Fixed Interest3.2%
Individual holdings
1RABOBANK NEDERLAND NV 4.125% 07/14/20250.47%
2RABOBANK NEDERLAND NV MTN 4.75 01/15/20180.31%
3DEUTSCHE BANK AG 2.375% BDS 11/01/23 EUR1000000.29%
4CREDIT SUISSE AG LONDON BRANCH 4.75% LN STK 05/08/19 EUR500000.24%
5DEUTSCHE BANK AG 1.125% BDS 17/03/25 EUR1000000.23%
6CITIGROUP INC 5% BDS 02/08/19 EUR10000.22%
7ANHEUSER-BUSCH INBEV NV MTN REGS 2.75 03/17/20360.21%
8ANHEUSER-BUSCH INBEV NV MTN REGS 03/17/20280.19%
9APPLE INC 1.63% BDS 10/11/26 EUR1000000.19%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund objective
The BlackRock Euro Investment Grade Corporate Bond Index Fund (the “Fund”) aims to closely track the returns of the Barclays Euro Aggregate Corporate Index, an index designed to reflect the performance of the euro-denominated investment-grade corporate bond market.
Benchmark
  • Bloomberg Barclays Euro-Aggregate: Corporates Index
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Finland, United Kingdom, Ireland, Offshore
Blackrock Euro Investment Grade Corp Bond Index Inst Acc EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price12.758
Offer price12.81
Mid price-
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YTQ
Blackrock Euro Investment Grade Corp Bond Index Inst Acc NAV EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.765
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0XNT
Data provided by

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