Fixed Income

BlackRock Euro Credit Enhanced Index Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

  • Returns


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.

Share Class and Benchmark performance displayed in EUR, hedged fund benchmark performance is displayed in EUR.

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

Chart

Performance chart data not available for display.
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Distributions

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

Key Facts

Key Facts

Size of Fund (Millions) as of 18-Feb-2019 EUR 896.34
Fund Launch Date 30-Jun-2003
Share Class launch date 09-Aug-2012
Base Currency EUR
Asset Class Fixed Income
Morningstar Category EUR Corporate Bond
Benchmark Index FTSE EuroBIG ex Domestic Treasury Index
Valor -
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
ISIN IE00B8138T89
Bloomberg Ticker BRECEEI
Initial Charge 0.00%
Performance Fee -
SEDOL B8138T8
Bloomberg Benchmark Ticker EURCRETTHP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 250,000.00
Minimum Subsequent Investment -
Use of Income Distributing

Risk Indicator

Risk Indicator

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Typically low rewards Typically high rewards

 

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BlackRock Euro Credit Enhanced Index Fund, Inst, as of 31-Jan-2019 rated against 963 EUR Corporate Bond Funds.

Portfolio Managers

Portfolio Managers

Darren Wills
Darren Wills
PortSols CREDIT LON GFI - Group
PortSols CREDIT LON GFI - Group

Holdings

Holdings

as of 31-Jan-2019
Name Weight (%)
ISH CORE EUR CORP BND ETF EUR DIST 2.62
CAISSE D AMORTISSEMENT DE LA DETTE MTN RegS 2.5 10/25/2022 1.20
EUROPEAN INVESTMENT BANK MTN 1.375 09/15/2021 1.06
KFW 0.625 01/07/2028 0.84
KFW 0.25 09/15/2025 0.73
Name Weight (%)
MORGAN STANLEY MTN 1.875 04/27/2027 0.68
MASTERCARD INC 1.1 12/01/2022 0.65
GOLDMAN SACHS GROUP INC/THE MTN RegS 1.25 05/01/2025 0.63
KFW 0.5 09/15/2027 0.62
KFW MTN 0.125 06/07/2023 0.60
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jan-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jan-2019

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Inst EUR Semi-Annual 10.61 0.00 0.02 10.65 10.45 10.59 IE00B8138T89 10.64 -

Literature

Literature