Fact sheet: Blackrock UKCBdIdx

Fund information
Fund name
Blackrock UK Credit Bond Index Dis
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund manager
  • Duncan Fergussonsince 10/10/2000
Fund objective
The BlackRock UK Credit Bond Index Fund aims to generate a total return, taking into account both capital and income returns, which reflects the total return of the sterling denominated bond market, excluding UK gilts.
Benchmark
  • iBoxx Sterling NonGilt Index
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Quick stats
1 Year return
9.6%
1 Year rank in sector
3/11
Sector
FO Fixed Int - GBP 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
£272m (£676m 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.
40
Top in this sector
Fund name1 Year
BlackRock Acnt UK Lg CrpBd16.1%
Pimco GIS UK Corp Bd11.1%
BlackRock Ascnt UKAllStk CpBd10.1%
Blackrock UKCBdIdx9.6%
TwentyFour Corporate Bond9.6%
...more in FO Fixed Int - GBP Corporate Bond

Performance snapshot

Holdings snapshot

  • UK99.8%
    Money Market0.2%
  • Corporate Bonds65.5%
    Government Guaranteed25.5%
    Mortgage & Secured Bonds8.8%
    Money Market0.2%
  • UK Fixed Interest99.8%
    Money Market0.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%2.7%5.6%9.6%23.2%42.1%
Sector0.7%2.7%5.8%9.5%20.7%40%
Rank within sector7 / 136 / 134 / 133 / 113 / 92 / 8
Quartile3rd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.9%11.2%0.4%12.2%1%
Sector2.9%10.1%-0.5%12.3%0.7%
Rank within sector8 / 133 / 115 / 93 / 94 / 8
Quartile3rd2nd3rd2nd2nd
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.
1.02
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.
0.94
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.
0.6
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%.
6.36
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.
1.5
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.
0.4
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.
0.95
Price movement
52 week high13.07
52 week low11.98
Current bid price12.65
Current offer price12.73
Current mid price-
Region
1UK99.79%
2Money Market0.21%
Industry sector
1Corporate Bonds65.47%
2Government Guaranteed25.51%
3Mortgage & Secured Bonds8.81%
4Money Market0.21%
Asset type
1UK Fixed Interest99.79%
2Money Market0.21%
Individual holdings
1EUROPEAN INVESTMENT BANK 1.5% BDS 01/02/19 EUR10000.94%
2KREDITANSTALT FUER WIEDERAUFBAU KFW 6% BDS 7/12/2028 GBP10000.66%
3KFW MTN REGS 1.125 12/23/20190.6%
4EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10000.57%
5EUROPEAN INVESTMENT BANK 5.375% GTD BDS 7/6/2021 GBP(VAR)0.54%
6EUROPEAN INVESTMENT BANK 5.625% BDS 7/6/2032 GBP10000.5%
7KREDITANSTALT FUER WIEDERAUFBAU KFW 5.75% BDS 7/6/2032 GBP10000.5%
8KREDITANSTALT FUER WIEDERAUFBAU KFW 1.375% BDS 01/02/21 GBP3000000000.49%
9LLOYDS TSB BANK PLC MTN REGS 4.875 03/30/20270.47%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund objective
The BlackRock UK Credit Bond Index Fund aims to generate a total return, taking into account both capital and income returns, which reflects the total return of the sterling denominated bond market, excluding UK gilts.
Benchmark
  • iBoxx Sterling NonGilt Index
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
Duncan Fergusson10/10/2000Duncan Fergusson, Director and portfolio manager, is a member of BlackRock's Model-Based Fixed Income Portfolio Management Group. Mr. Fergusson's service with the firm dates back to 2003, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a member of the Portfolio Solutions team. Prior to this, he worked on the Securities Lending team. Mr. Fergusson earned a BSc degree in business administration from the University of Bath.
Compliance
Transparent for Austrian Tax, FE Passive Rateable, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Blackrock UK Credit Bond Index D Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price10.035
Offer price10.097
Mid price-
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNXKU
Blackrock UK Credit Bond Index D Acc NAV GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.066
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNXKV
Blackrock UK Credit Bond Index Dis
Initial charge-
Annual charge0.12%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.2%
Bid price12.65
Offer price12.727
Mid price-
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeDMP8
Blackrock UK Credit Bond Index Flexible
Initial charge-
Annual charge-
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price29.325
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNP0K
Blackrock UK Credit Bond Index Flexible Ord
Initial charge-
Annual charge-
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.03%
Bid price29.236
Offer price29.413
Mid price-
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBR17
Blackrock UK Credit Bond Index Inst
Initial charge-
Annual charge0.15%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price18.958
Offer price19.073
Mid price-
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDMP7
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.