Fact sheet: Blackrock Euro Cr Bd Idx

Fund information
Fund name
Blackrock Euro Credit Bond Index Inst NAV
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund manager
No data available.
Fund objective
The BlackRock Euro Credit Bond Index Fund1(the “Fund”) aims to closely track the returns of the Citigroup EuroBIGex Domestic Treasury Index, an index designed to reflect the performance of the euro-denominated non-government bond market.
Benchmark
  • Citigroup Non-EGBI EuroBIG Index
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Fixed Interest
Quick stats
1 Year return
2.2%
1 Year rank in sector
28/64
Sector
FO Fixed Int - EUR Investment Grade
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
£1,882m
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.
70
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX20.4%
Russell IC II Euro FI19.7%
Capital Group EBdFL18%
Pimco GIS Euro Income Bond5.3%
Robeco Gbl Mult-Fact Cred4.2%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • France20.5%
    Germany15.8%
    International12.8%
    USA7.5%
    Spain6.6%
  • Corporate Bonds39%
    Government Guaranteed38.9%
    Mortgage & Secured Bonds21.8%
    Money Market0.2%
    Government Bonds0.1%
  • French Fixed Interest20.5%
    German Fixed Interest15.8%
    Global Fixed Interest12.8%
    US Fixed Interest7.5%
    Spanish Fixed Interest6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-2.3%-0.5%2.2%10.9%26.3%
Sector-1.6%-3.1%-0.5%2.4%12%34.7%
Rank within sector22 / 6420 / 6431 / 6428 / 6438 / 6132 / 48
Quartile2nd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.6%0%8.2%1.8%10.7%
Sector2.8%-0.2%8.9%3.4%15.2%
Rank within sector32 / 6431 / 6342 / 6128 / 5223 / 48
Quartile2nd2nd3rd3rd2nd
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.
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.
0.65
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%.
2.4
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.
1.54
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.
-0.2
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.
0.83
Price movement
52 week high22.52
52 week low21.38
Current bid price-
Current offer price-
Current mid price21.95
Region
1France20.45%
2Germany15.77%
3International12.84%
4USA7.45%
5Spain6.61%
6UK5.67%
7Netherlands5.56%
8Italy4.27%
9Sweden2.14%
Industry sector
1Corporate Bonds38.97%
2Government Guaranteed38.93%
3Mortgage & Secured Bonds21.8%
4Money Market0.19%
5Government Bonds0.11%
Asset type
1French Fixed Interest20.45%
2German Fixed Interest15.77%
3Global Fixed Interest12.84%
4US Fixed Interest7.45%
5Spanish Fixed Interest6.61%
6UK Fixed Interest5.69%
7Dutch Fixed Interest5.56%
8Italian Fixed Interest4.27%
9Swedish Fixed Interest2.14%
Individual holdings
1EUROPEAN FINANCIAL STABILITY FACILT 0.875% NTS 16/04/18 EUR10000.3%
2EUROPEAN INVESTMENT BANK 1.5% BDS 15/07/20 EUR10000.3%
3EUROPEAN INVESTMENT BANK 1.5% BDS 15/04/21 EUR10000.29%
4EUROPEAN INVESTMENT BANK 2.25% MTN 14/10/22 EUR10000.29%
5EUROPEAN FINANCIAL STABILITY FACILT 1.25% MTN 31/07/18 EUR10000.27%
6EUROPEAN FINANCIAL STABILITY FACILT 2.625% BDS 02/05/19 EUR10000.25%
7EUROPEAN INVESTMENT BANK 4.125% BDS 15/04/24 EUR10000.25%
8KFW 4.375 07/04/20180.25%
9RESEAU FERRE DE FRANCE MTN 5 10/10/20330.24%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund objective
The BlackRock Euro Credit Bond Index Fund1(the “Fund”) aims to closely track the returns of the Citigroup EuroBIGex Domestic Treasury Index, an index designed to reflect the performance of the euro-denominated non-government bond market.
Benchmark
  • Citigroup Non-EGBI EuroBIG Index
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Finland, France, United Kingdom, Ireland, Italy, Netherlands, Offshore
Blackrock Euro Credit Bond Index Flexible
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.03%
Bid price22.475
Offer price22.553
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBM19
Blackrock Euro Credit Bond Index Inst
Initial charge-
Annual charge0.2%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.2%
Bid price21.913
Offer price21.989
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB018
Blackrock Euro Credit Bond Index Inst Dis
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price10.387
Offer price10.423
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0D3A
Blackrock Euro Credit Bond Index Inst NAV
Initial charge-
Annual charge0.2%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price21.951
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBV66
Data provided by

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