The aim of the BlackRock Cash Fund is to achieve a competitive rate of interest for unitholders, consistent with preservation of principal (capital) and liquidity, principally from a portfolio of cash, deposits, and money-market instruments. These types of investments may be issued by both UK and non-UK issuers, but shall be denominated in Sterling. The Fund will be actively managed. The Fund is not recommended for investors seeking long-term capital growth. The BlackRock Cash Fund is a “Short Term Money-Market Fund” in accordance with the COLL Sourcebook and the European Securities and Markets Authority’s (“ESMA”) “Guidelines on a common definition of European money market funds”. The investment objective of the BlackRock Cash Fund is intended to comply with this classification.
Fund Manager
Matt Claymanager
for
5 years
and 5 months
Matt Clay, Director, is the Head of the London Cash Portfolio Management Team within the International Cash business in BlackRock's Trading and Liquidity Strategies Group.
As one of the world's largest Money Market Fund providers, the global BlackRock Cash Management Group manages liquidity assets across multiple currencies for corporations, banks, foundations, insurance companies hedge funds as well as asset and wealth managers.
The International Portfolio Management Team is responsible for the management of short-term investment solutions, through pooled funds and separately managed accounts, across a variety of mandates and currencies.
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 the lead portfolio manager at Lehman Brothers Asset Management, Europe, responsible for the International Liquidity Funds. 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.
Fund Overview
Bid (03/05/2024)
260.97p
Offer (03/05/2024)
260.97p
Distribution yield
1.05%
Underlying yield
-
Fund size (29/02/2024)
£995.42m
Number of holdings
267
Entry Charge
0.00%
Ongoing Charges
0.24%
Launch date
10/06/2011
Asset Allocation
Cash and Equivalents
28.83%
International Bonds
15.93%
UK Corporate Bonds
6.98%
Alternative Trading Strategies
1.38%
Other Assets
46.88%
Portfolio data accurate as at: 29/02/24
Important Information
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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Portfolio data accurate as at:
Asset Allocation
Cash and Equivalents
28.83%
International Bonds
15.93%
UK Corporate Bonds
6.98%
Alternative Trading Strategies
1.38%
Other Assets
46.88%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Non-Classified
46.88%
-
-
-
Cash and Equivalents
28.83%
-
-
-
Bonds
22.91%
-
-
-
Alternative Trading Strategies
1.38%
-
-
-
Alternative Trading Strategies
-
1.38%
-
-
Alternative Trading Strategies
-
-
1.38%
-
Alternative Trading Strategies
-
-
-
1.38%
Regional Allocation
Non-Classified
49.42%
Cash and Equivalents
28.83%
North America
8.44%
UK
6.98%
Japan
2.95%
Developed Europe - Excl UK
1.67%
Australia & New Zealand
1.67%
Developed Asia
0.04%
Fixed Interest Currencies
Non-Fixed Interest Assets
72.30%
Pound Sterling
22.91%
Cash
4.79%
Regional Breakdown
Expand allCollapse all
Region
Country
Non-Classified
49.42%
-
Cash and Equivalents
28.83%
-
North America
8.44%
-
Canada
-
8.44%
UK
6.98%
-
United Kingdom
-
6.98%
Japan
2.95%
-
Japan
-
2.95%
Developed Europe - Excl UK
1.67%
-
Finland
-
1.04%
France
-
0.64%
Australia & New Zealand
1.67%
-
Australia
-
1.67%
Developed Asia
0.04%
-
Singapore
-
0.04%
Fixed Interest Maturity Profile
< 5Yr Maturity
22.91%
Cash And Equivalents
28.83%
Unknown Maturity
46.88%
Other Asset Types
1.38%
Fixed Interest Quality Profile
AA
7.18%
A
0.32%
Unknown Quality
15.41%
Cash and Equivalents
28.83%
Other Asset Types
48.26%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
COOPERATIEVE RABOBANK UA GB
7.84%
Cash and Equivalents
Cash and Equivalents
2
MUFG BANK LTD (LONDON BRANCH) GB
6.72%
Cash and Equivalents
Cash and Equivalents
3
KBC BANK (LONDON BRANCH) GB
6.09%
Cash and Equivalents
Cash and Equivalents
4
Cash
4.79%
Cash and Equivalents
Cash and Equivalents
5
NATIONWIDE BUILDING SOCIETY
4.02%
Bonds
United Kingdom
6
SUMITOMO MITSUI BANKING CORP (BRUS
3.97%
Non-Classified
Non-Classified
7
THE NORINCHUKIN BANK (LONDON BRANC
3.50%
Non-Classified
Non-Classified
8
ING BANK NV (AMSTERDAM BRANCH) GB
3.40%
Cash and Equivalents
Cash and Equivalents
9
AGENCE CENTRALE DES ORGANISMES DE
2.60%
Non-Classified
Non-Classified
10
TORONTO-DOMINION BANK (LONDON BRAN
2.11%
Bonds
Canada
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Identification Codes
Sedol Code
B4V7NX1
Mex Code
MYACKR
Isin Code
GB00B4V7NX18
Citi Code
00P8
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.24%
Aims and Benchmark
Aims
The aim of the BlackRock Cash Fund is to achieve a competitive rate of interest for unitholders, consistent with preservation of principal (capital) and liquidity, principally from a portfolio of cash, deposits, and money-market instruments. These types of investments may be issued by both UK and non-UK issuers, but shall be denominated in Sterling. The Fund will be actively managed. The Fund is not recommended for investors seeking long-term capital growth. The BlackRock Cash Fund is a “Short Term Money-Market Fund” in accordance with the COLL Sourcebook and the European Securities and Markets Authority’s (“ESMA”) “Guidelines on a common definition of European money market funds”. The investment objective of the BlackRock Cash Fund is intended to comply with this classification.
Benchmark
SONIA Overnight
Benchmark Category
-
IA Sector
Short Term Money Market
Fund Background
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
Distribution Details
Income frequency
Quarterly
Distribution Type
Interest
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 December
31 January
01 March
30 April
01 June
31 July
01 September
31 October
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
BNY Mellon Trust & Depositary (UK) Ltd
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
The Bank of New York Mellon SA/NV
Group Details
Group name
BlackRock Investment Management (UK) Limited
Group address
12 Throgmorton Avenue
London
EC2N 2DL
Group telephone
08457 405 405
Dealing telephone
0800 445522
Email
broker.services@blackrock.com
Homepage
www.blackrock.co.uk
Fax number
020 7743 1135
Dealing
Minimum Investment
£100000
Minimum Top Up
£100
Minimum Regular Saving
-
Settlement Period: Buy
2 days
Settlement Period: Sell
2 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Important Information
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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.