Fact sheet: Charinco Common Invest

Fund information

Fund name
Charinco Common Invest Gr Acc
Fund company manager
BlackRock Invest Mgrs UK Ltd
Fund type
UKA
Fund manager
Simon Blundell
since 01/01/2015
Fund objective
Charinco is one of six Common Investment Funds managed by BlackRock that have been specifically designed to meet the investment needs of charities. The Fund has the power to invest in many different kinds of fixed interest securities including short, medium and long dated gilt-edged stocks, certificates of deposit, certain Eurosterling issues, debenture and convertible loan stocks and convertible preference shares. Charinco is a charity in its own right, approved by the Charity Commission and with an independent Advisory Committee. It is exempt from income tax and capital gains tax. The Fund aims to provide charities with a high level of income from a portfolio of fixed interest securities.
Benchmark
-
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

-1.16 %

1 Year rank in sector

65/81

Sector

UT Sterling Strategic Bond

Yield

4.1

Fund size

£ 163.4 m

FE Risk score

39

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    71.53%
  • USA
    6.97%
  • Germany
    6.26%
  • France
    4.59%
  • Italy
    1.88%
  • Government Bonds
    43.63%
  • Financials
    21.79%
  • Industrials
    16.8%
  • Utilities
    9.62%
  • Government Agency Bonds
    3.8%
  • UK Fixed Interest
    71.53%
  • US Fixed Interest
    6.97%
  • German Fixed Interest
    6.26%
  • French Fixed Interest
    4.59%
  • Italian Fixed Interest
    1.88%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.61 %0.17 %-1.53 %17.16 %21.88 %
Sector-0.71 %2.06 %2.1 %12.52 %25.06 %
Rank within sector63 / 8374 / 8265 / 8118 / 7344 / 63
Quartile th4 th4 th4 th1 st3 rd

Calendar performance

YTD-20172016201520142013
Fund1.08 %8.3 %1.07 %12.61 %-3.11 %
Sector3.54 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector72 / 8230 / 7619 / 737 / 7260 / 65
Quartile th4 th2 nd2 nd1 st4 th

Risk statistics

Alpha3.14
Beta0.37
Sharpe0.4
Volatility5.88
Tracking error6.6
Information ratio-0.24
R-Squared0.14

Price movement

52 week high4883
52 week low4623
Current bid price4773
Current offer price4833
Current mid price0

Holdings by region

  • 71.53% UK
  • 6.97% USA
  • 6.26% Germany
  • 4.59% France
  • 1.88% Italy
  • 1.56% Netherlands
  • 1.27% Spain
  • 1.2% Switzerland
  • 1.17% Ireland
  • 0.91% International

Holdings by sector

  • 43.63% Government Bonds
  • 21.79% Financials
  • 16.8% Industrials
  • 9.62% Utilities
  • 3.8% Government Agency Bonds
  • 1.62% Asset/Mortgage-Backed Securities
  • 0.93% Local Government Bonds
  • 0.91% Fixed Interest
  • 0.67% Money Market
  • 0.22% Mortgage & Secured Bonds

Holdings by asset type

  • 71.53% UK Fixed Interest
  • 6.97% US Fixed Interest
  • 6.26% German Fixed Interest
  • 4.59% French Fixed Interest
  • 1.88% Italian Fixed Interest
  • 1.56% Dutch Fixed Interest
  • 1.27% Spanish Fixed Interest
  • 1.2% Swiss Fixed Interest
  • 1.17% Irish Fixed Interest
  • 0.91% Global Fixed Interest

Individual holdings

  • 11.27% UK TREASURY STRIP UK 8% TREASURY STRIP 7/6/2021 PRINCIPAL
  • 3.64% UK(GOVT OF) 6% STK 07/12/2028 GBP100
  • 2.31% HM TREASURY UNITED KINGDOM DMO 3.25% GILT 22/01/44 GBP0.01
  • 2.19% UNITED KINGDOM 5%/07-07.03.2018
  • 1.89% TREASURY 2.5% GILT 22/07/65 GBP0.1
  • 1.81% HM TREASURY UNITED KINGDOM DMO 4.5% GILT 7/9/2034 GBP0.01
  • 1.59% UK CONV GILT REGS 4.25 09/07/2039
  • 1.58% HM TREASURY UNITED KINGDOM DMO 1.75% GILT 07/09/37 GBP0.01
  • 1.56% HM TREASURY UNITED KINGDOM DMO 4.5% GILT 07/03/2019 GBP0.01
  • 1.54% HM TREASURY UNITED KINGDOM DMO 4.25% GILT 07/03/36 GBP0.01