Fact sheet: HLL BlackRock Sterling Liq Pn

Fund information
Fund name
HLL BlackRock Sterling Liquidity Pn 50
Fund manager company
Hawthorn Life Limited
Fund type
Pension Fund
Fund managers
  • Bea Rodriguezsince 14/02/2014
Underlying fund
BlackRock ICS Int Stg Lq
Fund objective
HLL to invest 100% in underlying asset. The aim of the Blackrock Sterling Liquidity is to maximise current income consistent with the preservation of principal and liquidity through the maintenance of a portfolio of high quality short- term “money market” instruments.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.4%
1 Year rank in sector
43/241
Sector
PN Money Market
Yield
-
Fund size
£11m (£13m last year)
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn9.2%
ReAssure HL FxIntPnStf LS Pn9.2%
Phoenix Fixed Int Individual Pn7.4%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • UK27.4%
    Japan18.3%
    Australia8.7%
    France7.8%
    Netherlands7.1%
  • Certificates of Deposit45.3%
    Money Market17.5%
    Fixed Interest13.1%
    Commercial Paper12.4%
    Time Deposits8.8%
  • Money Market85.4%
    Global Fixed Interest13.1%
    Others1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.4%1.2%2.4%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector33 / 24751 / 24551 / 24643 / 24138 / 22529 / 212
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.4%0.4%0.4%0.4%0.7%
Sector0.6%0%0.4%0.2%0.3%
Rank within sector48 / 24237 / 22841 / 22531 / 21927 / 212
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.
0.42
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
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.
0.25
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.
0.24
Price movement
52 week high11.44
52 week low11.4
Current bid price-
Current offer price-
Current mid price11.44
Region
1UK27.41%
2Japan18.27%
3Australia8.71%
4France7.83%
5Netherlands7.06%
6Canada6.79%
7Germany6.22%
8Sweden5.36%
9Switzerland4.01%
Industry sector
1Certificates of Deposit45.29%
2Money Market17.54%
3Fixed Interest13.05%
4Commercial Paper12.42%
5Time Deposits8.75%
6Others1.52%
7Asset Backed Commercial Paper1.44%
Asset type
1Money Market85.44%
2Global Fixed Interest13.05%
3Others1.52%
Individual holdings
No data available.
Management
Fund manager group
Hartford Life
Fund manager company
Hawthorn Life Limited
Fund type
Pension Fund
Fund objective
HLL to invest 100% in underlying asset. The aim of the Blackrock Sterling Liquidity is to maximise current income consistent with the preservation of principal and liquidity through the maintenance of a portfolio of high quality short- term “money market” instruments.
Benchmark
  • No Specified Index
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
HLL BlackRock Sterling Liquidity Pn 50
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.13%
Bid price-
Offer price-
Mid price11.4447
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV756
HLL BlackRock Sterling Liquidity Pn 51
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.13%
Bid price-
Offer price-
Mid price11.3913
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeGWFN
Data provided by

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