Cash

BlackRock ICS Sterling Government Liquidity Fund

  • Transactional NAV Closing as of 13-Dec-2024 GBP 1,0000
  • MTM NAV as of 13-Dec-2024 Closing GBP 1,0000
  • % Difference 0,00

Overview


The Fund aims to generate a moderate level of income on your investment consistent with maintaining capital and ensuring that its underlying assets can easily be bought or sold in the market (in normal market conditions). Money invested in the Fund is not protected or guaranteed.

The Fund invests in a broad range of government fixed income securities (such as bonds) and money market instruments (MMIs) (i.e. debt securities with short term maturities), reverse repurchase agreements and in cash.

The Fund is actively managed. The investment manager has discretion to select the Fund’s investments. The Sterling Overnight Index Average Rate (SONIA) should be used by investors to compare the performance of the Fund.

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.

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Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Performance

Performance

This chart has been left intentionally blank as there is less than one year's performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

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, as at most recent available data in the Performance Returns table. Refer to the latest KIID document for more Performance information.

The currency of returns is GBP for each historical period displayed. Returns are expressed as a percentage change of the Fund's net asset value. Performance is shown after deduction of ongoing charges. Total return represents changes to the NAV based on the amortised cost of underlying securities, and accounts for income reinvested into the Fund as represented by the price of the Fund. The Average Annual return represents the amount of money an investment could have earned over a one year period. The Cumulative return represents the amount of money an investment could have earned for an investor, irrespective of time.
Performance chart data not available for display.

Key Facts

Key Facts

Net Assets of Fund
as of 13-Dec-2024
GBP 6.698.109.831,38
Fund Inception
24-Sept-2010
Fund Type
Constant NAV
SFDR Classification
Other
ISIN
IE000EDZ1JM3
Minimum Initial Investment
GBP 50.000
Domicile
Ireland
Issuing Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date
Bloomberg Ticker
BLCISLA
Trading Deadline
10:30 AM (IST)
Moody's Fund Rating
Aaa-mf
Performance Start Date
11-Jan-2024
Base Currency
GBP
Comparator Benchmark 1
Sterling Overnight Index Average Rate (SONIA)
Ongoing Charge
0,450%
Management Fee
0,450%
Distribution Frequency
-
Regulatory Structure
UCITS
Fiscal Year End
30-Sept
Dealing Frequency
Daily, forward pricing basis
SEDOL
BP6JKV6
Fitch Rating
AAAmmf
S&P Fund Rating
AAAm
Source: BlackRock

IST = Irish Standard Time. ET = Eastern Time.

The charges are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. There are currently no entry or exit charges associated with this Fund.

Portfolio Characteristics

Portfolio Characteristics

Daily Maturing Asset
as of 13-Dec-2024
47,4%
Weighted Average Maturity
as of 13-Dec-2024
31 days
Daily Distribution Factor
as of 13-Dec-2024
0,000354787
7-day Yield
as of 13-Dec-2024
4,32%
Weekly Maturing Asset
as of 13-Dec-2024
82,1%
Weighted Average Life
as of 13-Dec-2024
31 days
1-day Yield
as of 13-Dec-2024
4,32%
30-day Yield
as of 13-Dec-2024
4,33%
Yields shown are net. Source: BlackRock and JPMorgan as Fund Accountant. All information is as at the date specified in the Portfolio Characteristics Table.

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 29-Nov-2024
0,00%
MSCI - Nuclear Weapons
as of 29-Nov-2024
0,00%
MSCI - Civilian Firearms
as of 29-Nov-2024
0,00%
MSCI - Tobacco
as of 29-Nov-2024
0,00%
MSCI - UN Global Compact Violators
as of 29-Nov-2024
0,00%
MSCI - Thermal Coal
as of 29-Nov-2024
0,00%
MSCI - Oil Sands
as of 29-Nov-2024
0,00%
Business Involvement Coverage
as of 29-Nov-2024
67,30%
Percentage of Fund not covered
as of 29-Nov-2024
32,70%
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.

Fund Ratings

Fund Ratings

Source: Moody's, S&P, or Fitch, as applicable. As at 14 January 2019. The Fund is rated by an external rating agency(ies). Such rating is solicited and financed by BlackRock.

Registered Locations

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Isle of Man

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Singapore

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

Position Description Asset Type Amortized Cost %Par Par Market Value ISIN Final Maturity Maturity/Reset
Holdings shown are unaudited and are based on the fund’s unofficial books and records, and may not be representative of current or future investments. Fund holdings should not be relied on in making investment decisions and should not be construed as research or investment advice regarding particular securities. The holdings report provided represents certain information regarding the traded positions held within the portfolio as of the specified date. It does not include cash, accrued income and/or payables/receivables. The total assets reflected on the holdings report provided will not match to the net asset value of the fund as these items are excluded.
Download Holdings
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 12-Dec-2024

% of Weight

Type Fund
Sector exposure is calculated by aggregating the percent par of individual securities in the portfolio by security type. BlackRock uses a proprietary process to determine the security type of individual securities, by conducting a thorough analysis of the issuer/obligor, including but not limited to any support providers or enhancers. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change.
as of 12-Dec-2024

% of Weight

Type Fund
as of 12-Dec-2024

% of Weight

Type Fund
Maturity is provided in days. Maturity exposure is calculated by aggregating the percent par of holdings of individual securities in the portfolio by the legal final maturity date, or for securities that have a demand feature, the date in which the demand feature is exercised and proceeds received. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change.
as of 12-Dec-2024

% of Weight

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted by BlackRock to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change. S&P deem all A-1 securities maturing within 7 days as A-1+. Any security under a year with a long-term rating of AA- or above would also be considered to have a short-term rating of A-1+, whilst those with a long-term rating of A or above would be considered to have a short-term rating of A-1.
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.

Portfolio Managers

Portfolio Managers

Matt Clay
Matt Clay
Managing Director, Portfolio Manager

Matt Clay, Managing Director and portfolio manager, is the Head of International Portfolio Management for Cash Management within BlackRock Global Markets.

Read More

Matt Clay, Managing Director and portfolio manager, is the Head of International Portfolio Management for Cash Management within BlackRock Global Markets.


Mr. Clay's service with the firm dates back to 2009, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was responsible for portfolio management and trading in BGI's European Cash Management Group. Prior to joining BGI, Mr. Clay was a portfolio manager at Lehman Brothers Asset Management. He began his career at Northern Trust in 1997, initially within the Securities lending operation and then as a portfolio manager for the Liquidity products within the Investment Management Division.

 

Paul Hauff
Paul Hauff
Director, Portfolio Manager

Paul Hauff, Director and portfolio manager, is a member of the International Cash Management team within BlackRock Global Markets.

Read More

Paul Hauff, Director and portfolio manager, is a member of the International Cash Management team within BlackRock Global Markets.


Prior to his existing role, Mr. Hauff was a trader working on the Fixed Income Trading desk.


Mr. Hauff's service with the firm dates back to 1994, including his years with SG Warburg & Co Ltd, Mercury Asset Management (MAM) & Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, and prior to joining the Cash business, Mr.Hauff was a Senior Trader with the Global Fixed Income Trading Team. At MAM, Mr. Hauff worked as a Fixed Income Trader within the Private Client's Division. At SG Warburg & Co. Ltd, he worked as a Senior Foreign Settlements Officer. He began his career at Lloyds Merchant Bank in 1990, working for Lloyds Investment Managers Ltd, initially within the UK Corporate Actions team and then as a member of the Global Settlements Team.

 

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 1 years
Example Investment GBP 10.000
Scenario
If you exit after 1 year

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
9.980 GBP
-0,2%

Unfavourable

What you might get back after costs
Average return each year
10.000 GBP
0,0%

Moderate

What you might get back after costs
Average return each year
10.040 GBP
0,4%

Favourable

What you might get back after costs
Average return each year
10.510 GBP
5,1%

The stress scenario shows what you might get back in extreme market circumstances.

Literature

Literature