Cash

BlackRock Cash Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Short Term Money Market Funds do not generally experience extreme price variations. Changes in interest rates will impact the Fund.
Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart

Distributions

This fund does not have any distributions data as of now.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 0.10 0.10 0.01 0.00 0.19 0.23 0.05 -0.07 1.04 4.39
Comparator Benchmark 1 (%) 0.35 0.36 0.26 0.15 0.46 0.57 0.06 -0.07 1.40 4.71

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1Y 3Y 5Y 10y Incept.
4.59 1.93 1.21 0.64 2.73
Comparator Benchmark 1 (%) 4.86 2.15 1.40 0.86 -
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
0.46 0.46 1.28 2.60 4.59 5.90 6.19 6.61 149.00
Comparator Benchmark 1 (%) 0.44 0.44 1.32 2.65 4.86 6.57 7.18 8.91 -
  From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
From
31-Dec-2022
To
31-Dec-2023
Total Return (%)

as of Dec 31, 2023

0.23 0.05 -0.07 1.04 4.39
Comparator Benchmark 1 (%)

as of Dec 31, 2023

0.57 0.06 -0.07 1.40 4.71
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in GBP, hedged share class benchmark performance is displayed in GBP.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund as of Feb 21, 2024 GBP 1,001,291,983
Share Class Inception Date Mar 22, 1990
Fund Inception Date Mar 22, 1990
Share Class Currency GBP
Base Currency GBP
Asset Class Cash
Comparator Benchmark 1 Sterling Overnight Index Average Rate (SONIA)
SFDR Classification -
Investment Association Category -
Initial Charge 0.00%
Ongoing Charge 0.40%
ISIN GB0005849350
Annual Management Fee 0.20%
Performance Fee 0.00%
Minimum Initial Investment GBP 500
Minimum Subsequent Investment GBP 50
Use of Income Distributing
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Morningstar Category GBP Money Market - Short Term
Dealing Settlement Trade Date + 2 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker MRCCSHI
SEDOL 0584935
Ongoing Charges Figure ex. Discount 0.40%
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Jan 31, 2024 11
WAM as of Feb 20, 2024 55 days
WAL as of Feb 20, 2024 66 days
12m Trailing Yield as of Jan 31, 2024 4.06%
3y Beta as of Jan 31, 2024 0.974
1-day Yield as of Feb 21, 2024 5.31%

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jan 31, 2024 0.00%
MSCI - UN Global Compact Violators as of Jan 31, 2024 0.00%
MSCI - Nuclear Weapons as of Jan 31, 2024 0.00%
MSCI - Thermal Coal as of Jan 31, 2024 0.00%
MSCI - Civilian Firearms as of Jan 31, 2024 0.00%
MSCI - Oil Sands as of Jan 31, 2024 0.00%
MSCI - Tobacco as of Jan 31, 2024 0.00%

Business Involvement Coverage as of Jan 31, 2024 85.68%
Percentage of Fund not covered as of Jan 31, 2024 14.32%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager considers ESG information in the research, security selection and portfolio review stages of the investment process. The Fund manager conducts bi-weekly credit meetings, wherein each credit is examined through an internal relative value analysis, which contains qualitative governance considerations combined with environmental, societal and governance metrics derived from third-party data providers, where available. The Fund manager conducts regular portfolio risk reviews with Risk and Quantitative Analysis group. These reviews include discussion of the portfolio's exposure to material ESG risks, where appropriate.

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for BlackRock Cash Fund, Class A, as of Jan 31, 2024 rated against 258 GBP Money Market - Short Term Funds.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

Name Type Market Value Weight (%) Shares holdings.all.localMarketValue ISIN Maturity Maturity/Reset
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2024

% of Market Value

Type Fund Benchmark Net
as of Feb 20, 2024

% of Market Value

Type Fund
as of Feb 20, 2024

% of Market Value

Type Fund
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency Bid Price Offer Price ISIN
A GBP 1.02 1.02 GB0005849350
X GBP 1.01 1.01 GB00BFBFXM12
Class OD GBP 1.01 1.01 GB00BYMV4062
D GBP 2.58 2.58 GB00B4V7NX18
Class OA GBP 1.08 1.08 GB00BYYQBQ45
A GBP 2.53 2.53 GB0005849467
Class OS GBP 1.08 1.08 GB00BYYQBS68
Class S GBP 1.01 1.01 GB00BW9Z0K92
Class S GBP 1.08 1.08 GB00BW1YM199
D GBP 1.02 1.02 GB00B42XLZ68
Class OS GBP 1.01 1.01 GB00BYPBTP36
X GBP 1.10 1.10 GB00BVD5YG21
Class OD GBP 1.08 1.08 GB00BYYQBR51
Class OA GBP 1.01 1.01 GB00BYMV3Z46

Portfolio Managers

Portfolio Managers

Matt Clay
Matt Clay

Literature

Literature