Fact sheet: Blackrock Euro Crd EnhIdx

Fund information
Fund name
Blackrock Euro Credit Enhanced Index Inst Dis EUR
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund manager
No data available.
Fund objective
The fund outperform the Citigroup Non-EGBI EuroBIG Index by 0.50% to 0.55% per annum.
Benchmark
  • Citigroup Non-EGBI EuroBIG Index
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
1.3%
1 Year rank in sector
38/65
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.
0.2%
Fund size
£921m
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 ECorpBdLUX23%
Russell IC II Euro FI21.8%
Capital Group EBdFL19.9%
Pimco GIS Euro Income Bond4.5%
BlackRock GF Eu Corp Bd3.8%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • Europe100%
  • Government Guaranteed33.6%
    Industrials27.5%
    Mortgage & Secured Bonds16.3%
    Financials16.1%
    Utilities4.4%
  • European Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-1.9%0.5%1.3%10.4%26.7%
Sector-1.6%-2.6%0%1.9%11.6%35.3%
Rank within sector16 / 6515 / 6519 / 6538 / 6542 / 62-
Quartile1st1st2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.2%0.2%8.4%0.6%-
Sector2.9%-0.2%8.9%3.4%15.2%
Rank within sector40 / 6527 / 6439 / 6242 / 53-
Quartile3rd2nd3rd4th
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.
0.89
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.
0.66
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.
0.14
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%.
2.33
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.
1.48
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.
-0.41
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.
0.82
Price movement
52 week high11.01
52 week low10.56
Current bid price-
Current offer price-
Current mid price10.69
Region
1Europe100%
Industry sector
1Government Guaranteed33.6%
2Industrials27.5%
3Mortgage & Secured Bonds16.3%
4Financials16.1%
5Utilities4.4%
6Exchange Traded Funds (ETF)1.4%
7Money Market0.7%
Asset type
1European Fixed Interest100%
Individual holdings
No data available.
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund objective
The fund outperform the Citigroup Non-EGBI EuroBIG Index by 0.50% to 0.55% per annum.
Benchmark
  • Citigroup Non-EGBI EuroBIG Index
Investment style
Active
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Finland, United Kingdom, Ireland, Offshore
Blackrock Euro Credit Enhanced Index Acc
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18.169
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB055
Blackrock Euro Credit Enhanced Index Dis
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.817
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeL786
Blackrock Euro Credit Enhanced Index Inst Dis EUR
Initial charge-
Annual charge0.2%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.694
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGRSR
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.