31/07/19 to 31/07/20 |
31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
|
---|---|---|---|---|---|
Fund | 6.1% | 1.5% | -12.1% | -7.3% | 9.3% |
Sector | 5.9% | 2.8% | -11.3% | -5.6% | 9.9% |
Rank | 36/88 | 72/92 | 49/92 | 62/95 | 65/97 |
Quartile | 2 | 4 | 3 | 3 | 3 |
Annualised | ||||
---|---|---|---|---|
3 Years to 31/07/24 |
5 Years to 31/07/24 |
10 Years to 31/07/24 |
||
Fund | -3.8% | -0.8% | 2.2% | |
Sector | -2.7% | 0.1% | 2.4% | |
Rank | 60/92 | 66/88 | 40/70 | |
Quartile | 3 | 3 | 3 |
Stock | % Weight |
---|---|
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 | 0.63 |
KFW BANKENGRUPPE MTN 6 12/07/2028 | 0.60 |
KFW MTN RegS 1.125 07/04/2025 | 0.59 |
KFW MTN RegS 4.125 02/18/2026 | 0.51 |
European Investment Bank 6% 2028 | 0.46 |
KFW MTN RegS 3.75 07/30/2027 | 0.45 |
EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 | 0.43 |
EUROPEAN INVESTMENT BANK MTN RegS 1.375 03/07/2025 | 0.42 |
KFW BANKENGRUPPE MTN 5.75 06/07/2032 | 0.39 |
KFW MTN RegS 0.875 09/15/2026 | 0.39 |
Total | 4.87 |
The aim of the Fund is to seek to achieve a total return for investors by tracking closely the performance of the iBoxx £ Non-Gilts Overall TR Index by investing in fixed income securities contained in the Index. Investment will be made directly into constituent issues and via other transferable securities giving exposure to such issues. The Fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes. Derivatives and forward transactions may be used for the purposes of efficient portfolio management.
Duncan Fergusson, Director and portfolio manager, is a member of BlackRock's Model-Based Fixed Income Portfolio Management Group.
Mr. Fergusson's service with the firm dates back to 2003, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a member of the Portfolio Solutions team. Prior to this, he worked on the Securities Lending team.
Mr. Fergusson earned a BSc degree in business administration from the University of Bath.
Mid (23/08/2024) | 115.10p |
Distribution yield | 3.92% |
Underlying yield | - |
Fund size (31/01/2024) | £2061.57m |
Number of holdings | 1036 |
Entry Charge | 0.00% |
Ongoing Charges | 0.11% |
Launch date | 29/06/2012 |
International Bonds | 62.80% | |
UK Corporate Bonds | 31.41% | |
Cash and Equivalents | 0.50% | |
Alternative Trading Strategies | 0.23% | |
Other Assets | 5.06% |
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
International Bonds | 62.80% | |
UK Corporate Bonds | 31.41% | |
Cash and Equivalents | 0.50% | |
Alternative Trading Strategies | 0.23% | |
Other Assets | 5.06% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Bonds | 94.21% | - | - | - | |
Non-Classified | 5.06% | - | - | - | |
Cash and Equivalents | 0.50% | - | - | - | |
Alternative Trading Strategies | 0.23% | - | - | - | |
Alternative Trading Strategies | - | 0.23% | - | - | |
Alternative Trading Strategies | - | - | 0.23% | - | |
Alternative Trading Strategies | - | - | - | 0.23% |
Developed Europe - Excl UK | 32.95% | |
UK | 31.41% | |
North America | 18.06% | |
Non-Classified | 13.13% | |
Emerging Asia | 1.41% | |
Australia & New Zealand | 0.97% | |
South & Central America | 0.62% | |
Middle East & Africa | 0.51% | |
Cash and Equivalents | 0.50% | |
Other Regions | 0.44% |
Pound Sterling | 90.50% | |
Non-Fixed Interest Assets | 5.30% | |
US Dollar | 2.33% | |
Euro | 1.24% | |
Cash | 0.49% | |
Australian Dollar | 0.08% | |
Lari | 0.06% |
Region | Country | ||
---|---|---|---|
Developed Europe - Excl UK | 32.95% | - | |
![]() |
- | 7.10% | |
![]() |
- | 7.04% | |
![]() |
- | 5.81% | |
![]() |
- | 5.15% | |
![]() |
- | 1.42% | |
![]() |
- | 1.27% | |
![]() |
- | 1.12% | |
![]() |
- | 0.99% | |
![]() |
- | 0.98% | |
![]() |
- | 0.87% | |
![]() |
- | 0.74% | |
![]() |
- | 0.28% | |
![]() |
- | 0.17% | |
UK | 31.41% | - | |
![]() |
- | 31.41% | |
North America | 18.06% | - | |
![]() |
- | 15.94% | |
![]() |
- | 2.12% | |
Non-Classified | 13.13% | - | |
Emerging Asia | 1.41% | - | |
![]() |
- | 1.41% | |
Australia & New Zealand | 0.97% | - | |
![]() |
- | 0.97% | |
South & Central America | 0.62% | - | |
![]() |
- | 0.62% | |
Middle East & Africa | 0.51% | - | |
![]() |
- | 0.38% | |
![]() |
- | 0.13% | |
Cash and Equivalents | 0.50% | - | |
Japan | 0.38% | - | |
![]() |
- | 0.38% | |
Developed Asia | 0.06% | - | |
![]() |
- | 0.06% |
< 5Yr Maturity |
|
46.90% |
5Yr - 10Yr Maturity |
|
22.54% |
10Yr - 15Yr Maturity |
|
9.16% |
> 15Yr Maturity |
|
15.60% |
Cash And Equivalents |
|
0.50% |
Unknown Maturity |
|
5.06% |
Other Asset Types |
|
0.23% |
AAA |
|
21.69% |
AA |
|
9.75% |
A |
|
24.64% |
BBB |
|
29.32% |
Sub-Investment Grade |
|
0.57% |
Unknown Quality |
|
8.24% |
Cash and Equivalents |
|
0.50% |
Other Asset Types |
|
5.29% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | EUROPEAN INVESTMENT BANK 5.625 06/07/2032 | 0.63% | Bonds | Luxembourg |
2 | KFW BANKENGRUPPE MTN 6 12/07/2028 | 0.60% | Bonds | Germany |
3 | KFW MTN RegS 1.125 07/04/2025 | 0.59% | Bonds | Germany |
4 | KFW MTN RegS 4.125 02/18/2026 | 0.51% | Bonds | Germany |
5 | European Investment Bank 6% 2028 | 0.46% | Bonds | Luxembourg |
6 | KFW MTN RegS 3.75 07/30/2027 | 0.45% | Bonds | Germany |
7 | EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 | 0.43% | Bonds | Luxembourg |
8 | EUROPEAN INVESTMENT BANK MTN RegS 1.375 03/07/2025 | 0.42% | Bonds | Luxembourg |
9 | KFW BANKENGRUPPE MTN 5.75 06/07/2032 | 0.39% | Bonds | Germany |
10 | KFW MTN RegS 0.875 09/15/2026 | 0.39% | Bonds | Germany |
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | B7J60R4 |
Mex Code | MYKAAN |
Isin Code | GB00B7J60R40 |
Citi Code | G6HX |
Entry Charge | 0.00% |
Ongoing Charges | 0.11% |
Aims | The aim of the Fund is to seek to achieve a total return for investors by tracking closely the performance of the iBoxx £ Non-Gilts Overall TR Index by investing in fixed income securities contained in the Index. Investment will be made directly into constituent issues and via other transferable securities giving exposure to such issues. The Fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes. Derivatives and forward transactions may be used for the purposes of efficient portfolio management. |
Benchmark | Markit iBoxx GBP Non-Gilts Overall TR Index |
Benchmark Category | - |
IA Sector | £ Corporate Bond |
Valuation frequency | Daily |
Valuation point | 12:00 |
Fund type | Unit Trust |
Launch price | £1.00 |
Fund currency | Pound Sterling |
Fund domicile | United Kingdom |
ISA allowable | Yes |
SIPP allowable | Yes |
Income frequency | Biannually |
Distribution Type | Interest |
Distribution Payment Basis | Net |
Ex dividend date(s) | Income payment date(s) |
---|---|
01 March | 30 April |
01 September | 31 October |
Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
---|---|
- | - |
Fund Trustee/Depository | BNY Mellon Trust & Depositary (UK) Ltd |
Fund Administrator | IFDS |
Fund Registrar | IFDS |
Fund Custodian | The Bank of New York Mellon (International) Limited |
Group name | BlackRock Investment Management (UK) Limited |
Group address | 12 Throgmorton Avenue London EC2N 2DL |
Group telephone | 08457 405 405 |
Dealing telephone | 0800 445522 |
broker.services@blackrock.com | |
Homepage | www.blackrock.co.uk |
Fax number | 020 7743 1135 |
Minimum Investment | £100000 |
Minimum Top Up | £100 |
Minimum Regular Saving | - |
Settlement Period: Buy | 3 days |
Settlement Period: Sell | 3 days |
Pricing Basis | Forward |
Dealing Decimals | 3 |
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Ratio | Value |
---|---|
Alpha | -0.84 |
Beta | 1.02 |
Sharpe | -0.01 |
Standard Deviation | 9.14 |
Info Ratio | -0.99 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | No |
Emerging Markets | No |
Concentrated Portfolio | No |
Smaller Companies | No |
High Yield Bonds | Yes |
Sector Specific | Yes |
Geared Investments | No |
Value of Investments | Yes |
Investments Long Term | Yes |
Property | No |
Exchange Rate | Yes |
Higher Risk | No |
Performance Charges | No |
Derivative Exposure | No |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | No |
New Fund | No |
Solvency of Depository | No |
Solvency of Bond Issuers | Yes |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
The fund invests in specific sectors. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.