Fixed Income

BlackRock Solutions Funds ICAV - Coutts Europe Enhanced Index Government Bond 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.
Loading

Performance

Performance

Growth of Hypothetical 10,000

View full chart

Distributions

Ex-Date Total Distribution
View full table

  2019 2020 2021 2022 2023
Total Return (%) 7.43
Target Benchmark 1 (%) 7.32

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

  1Y 3Y 5Y 10y Incept.
3.63 - - - -2.94
Target Benchmark 1 (%) 3.79 - - - -2.73
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-2.06 0.39 -1.30 -2.06 3.63 - - - -5.63
Target Benchmark 1 (%) -1.86 0.48 -1.16 -1.86 3.79 - - - -5.22
  From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
From
30-Jun-2022
To
30-Jun-2023
From
30-Jun-2023
To
30-Jun-2024
Total Return (%)

as of Jun 30, 2024

- - - - 3.63
Target Benchmark 1 (%)

as of Jun 30, 2024

- - - - 3.79
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 Jul 11, 2024
GBP 1,767,857,938
Fund Inception Date
Jul 22, 2022
Base Currency
GBP
Target Benchmark 1
BBG Custom European Government Bond Index Hedge Composite
Initial Charge
0.00%
ISIN
IE000388WY57
Performance Fee
0.00%
Minimum Subsequent Investment
GBP 50000
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BPNZXG3
Share Class Inception Date
Jul 22, 2022
Share Class Currency
GBP
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charge
0.22%
Annual Management Fee
0.20%
Minimum Initial Investment
GBP 50000
Distribution Frequency
Quarterly
Domicile
Ireland
Management Company
-
Dealing Settlement
Trade Date + 2 days
Bloomberg Ticker
BRCEGNC ID

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Jun 28, 2024
102
Standard Deviation (3y)
as of -
-
Yield to Maturity
as of Jun 28, 2024
3.53%
Yield to Worst
as of Jun 28, 2024
3.53%
Weighted Avg Maturity
as of Jun 28, 2024
9.95 yrs
12m Trailing Yield
as of Jun 30, 2024
3.22%
3y Beta
as of -
-
Modified Duration
as of Jun 28, 2024
7.55 yrs
Effective Duration
as of Jun 28, 2024
7.61 yrs
WAL to Worst
as of Jun 28, 2024
9.95 yrs

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 includes ESG considerations in combination with other information in the research and due diligence stage of the investment process. The Fund manager has developed internal research signals to help evaluate corporate issuers on climate, governance and human capital issues. ESG information may be sourced from both internal and external sources. The Fund manager conducts regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jun 28, 2024
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 2.4 11/15/2030 3.58
FRANCE (REPUBLIC OF) 2.5 09/24/2026 3.41
FRANCE (REPUBLIC OF) 2.75 02/25/2029 2.81
ITALY (REPUBLIC OF) 2.95 02/15/2027 2.71
FRANCE (REPUBLIC OF) 2.5 09/24/2027 2.59
Name Weight (%)
UK CONV GILT 4.375 07/31/2054 2.46
UK CONV GILT 3.5 10/22/2025 2.27
UNITED KINGDOM OF GREAT BRITAIN AN 3.75 03/07/2027 2.19
UK CONV GILT 4.5 06/07/2028 2.08
ITALY (REPUBLIC OF) 3.5 02/15/2031 1.92
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jun 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Jun 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Jun 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Jun 28, 2024

% of Market Value

Type Fund Benchmark Net
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 Distribution Frequency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class NC Dist GBP Quarterly 9.13 0.05 0.50 Jul 11, 2024 9.51 8.66 IE000388WY57
Class C Dist GBP Quarterly 9.13 0.05 0.50 Jul 11, 2024 9.52 8.66 IE000A6XO1K6
Class C Dist Hedged EUR Quarterly 8.74 0.04 0.49 Jul 11, 2024 9.20 8.39 IE0007QQUF61
Class C Dist Hedged USD Quarterly 9.29 0.05 0.52 Jul 11, 2024 9.68 8.79 IE000JOTEHJ8

Portfolio Managers

Portfolio Managers

Vish Acharya
Vish Acharya

Literature

Literature