Fact sheet: Blackrock USCorporateBdIdx

Fund information
Fund name
Blackrock US Corporate Bond Index Inst
Fund manager company
BlackRock Fixed Inc Dub Fd plc
Fund type
OEIC
Fund manager
No data available.
Fund objective
The BlackRock US Corporate Bond Index Fund aims to closely track the returns of the Citigroup Eurodollar Bond Index, an index designed to reflect the performance of the US dollar Eurobond market.
Benchmark
  • Citigroup Euro Dollar Bond
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Fixed Interest
Quick stats
1 Year return
4.5%
1 Year rank in sector
12/48
Sector
FO Fixed Int - USD 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
£801m
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.
77
Top in this sector
Fund name1 Year
Blackrock Gbl Infltn Lkd Bd $8%
Pimco GIS GblInvGrCr5.6%
Invesco GblInvGrCorpBd5.6%
Vanguard USIvGdCId5.4%
MFS Meridian US CrpBnd5.3%
...more in FO Fixed Int - USD Investment Grade

Performance snapshot

Holdings snapshot

  • USA99.3%
    Money Market0.7%
  • Industrials47.6%
    Government Guaranteed24.8%
    Financials23.3%
    Utilities3.6%
    Money Market0.7%
  • US Fixed Interest99.3%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-3%-0.7%4.5%12%20.2%
Sector-2%-2.9%-0.6%2.9%9.3%19.4%
Rank within sector29 / 5427 / 5216 / 5212 / 489 / 459 / 40
Quartile3rd3rd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund5.2%-0.5%6.6%-1.4%8.5%
Sector3.6%-0.7%6%-1.1%10.1%
Rank within sector11 / 4829 / 4712 / 4514 / 4414 / 40
Quartile1st3rd2nd2nd2nd
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.
0.27
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.
1.15
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.
0.02
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%.
3.62
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.
1.13
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.
0.6
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.
0.92
Price movement
52 week high15.72
52 week low14.43
Current bid price15.18
Current offer price15.26
Current mid price-
Region
1USA99.3%
2Money Market0.7%
Industry sector
1Industrials47.6%
2Government Guaranteed24.8%
3Financials23.3%
4Utilities3.6%
5Money Market0.7%
Asset type
1US Fixed Interest99.3%
2Money Market0.7%
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 BlackRock US Corporate Bond Index Fund aims to closely track the returns of the Citigroup Eurodollar Bond Index, an index designed to reflect the performance of the US dollar Eurobond market.
Benchmark
  • Citigroup Euro Dollar Bond
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Finland, United Kingdom, Ireland, Luxembourg, Offshore
Blackrock US Corporate Bond Index Flexible
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.03%
Bid price24.586
Offer price24.71
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBR18
Blackrock US Corporate Bond Index Flexible Dis USD
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 price9.716
Offer price9.766
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNDDR
Blackrock US Corporate Bond Index Inst
Initial charge-
Annual charge0.13%
Min single investment£5,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price15.181
Offer price15.258
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDMP9
Data provided by

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