Fact sheet: FL MyM BlkRk Inst Stg Liq Pn

Fund information
Fund name
FL MyM BlackRock Institutional Sterling Liquidity Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Bea Rodriguezsince 14/02/2014
Underlying fund
BlackRock ICS Int Stg Lq
Fund objective
The Institutional Sterling Liquidity Fund (the Fund) seeks to maximise current income consistent with the preservation of principal and liquidity through the maintenance of a portfolio of high quality shortterm “money market” instruments.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.5%
1 Year rank in sector
22/246
Sector
PN Money Market
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn8.8%
ReAssure HL FxIntPn Stf Pn8.5%
ReAssure HL FxIntPnStf LS Pn8.5%
Phoenix Fixed Int Individual Pn8.5%
Phoenix Prop Old Bldg Society Pn4.8%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • UK31.8%
    Japan16.2%
    Netherlands13.4%
    France10.2%
    Canada6.5%
  • Certificates of Deposit47.7%
    Money Market20.3%
    Commercial Paper16.2%
    Time Deposits6.7%
    Fixed Interest6%
  • Money Market94%
    Global Fixed Interest6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.5%1.6%2.8%
Sector-0%0.1%0.1%0.6%1.1%1.6%
Rank within sector30 / 24732 / 24922 / 24622 / 24616 / 22715 / 216
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.1%0.5%0.6%0.5%0.5%
Sector0%0.7%0%0.4%0.2%
Rank within sector36 / 24922 / 24216 / 23017 / 22620 / 220
Quartile1st1st1st1st1st
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.
0.53
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%.
0.02
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.
0.26
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.
0.62
Price movement
52 week high102.84
52 week low102.36
Current bid price-
Current offer price-
Current mid price102.85
Region
1UK31.79%
2Japan16.16%
3Netherlands13.4%
4France10.15%
5Canada6.5%
6Sweden6.1%
7Germany4.33%
8Belgium4.29%
9Australia2.43%
Industry sector
1Certificates of Deposit47.73%
2Money Market20.32%
3Commercial Paper16.19%
4Time Deposits6.7%
5Fixed Interest6%
6Asset Backed Commercial Paper3.03%
Asset type
1Money Market93.97%
2Global Fixed Interest6%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The Institutional Sterling Liquidity Fund (the Fund) seeks to maximise current income consistent with the preservation of principal and liquidity through the maintenance of a portfolio of high quality shortterm “money market” instruments.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Bea Rodriguez14/02/2014Bea Rodriguez, Managing Director, is a senior member of the Non-Dollar Cash team within Trading & Liquidity Strategies Group. Prior to joining BlackRock in 2009, Ms. Rodriguez was with Fidelity International Investments, most recently as a sterling high grade portfolio manager and rates specialist, and previously as a manager of institutional and retail sterling money market funds as well as short duration strategies. Ms. Rodriguez was also a portfolio manager at Deutsche Bank AG from 2000 to 2003 where she headed up the cash reinvestment process for the securities lending desk as well as overseeing the launch and investments of Deutsche Banks offshore UCITs money market funds. She began her career at J.P. Morgan Investment Management in 1994. Ms. Rodriguez earned a BSc degree in management sciences from the London School of Economics and Political Sciences in 1993.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL MyM BlackRock Institutional Sterling Liquidity Pn
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 price102.85
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LUN
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.