Cash

BlackRock ICS US Dollar Ultra Short Bond Fund

Overview

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. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.

A Money Market Fund (MMF) is not a guaranteed investment vehicle. An investment in MMFs is different from an investment in deposits; the principal invested in an MMF is capable of fluctuation and the risk of loss of the principal is to be borne by the investor.
The MMF does not rely on external support for guaranteeing the liquidity of the MMF or stabilising the NAV per share.

Money Market Funds do not generally experience extreme price variations. Changes in interest rates will impact the Fund. Levels of credit risk are affected by longer weighted average maturity and weighted average life of the Fund. On any day where the net return (i.e. return less costs and expenses) of the Fund is negative an Accumulating Share Class of the fund will see a decrease in the NAV per Share. Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.
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Risk Indicator

Risk Indicator

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Performance

Performance

NAV

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The chart has 1 Y axis displaying Values. Range: -2 to 6.
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  2020 2021 2022 2023 2024
Total Return (%) -0.9 1.2 1.2
Comparator Benchmark 1 (%) 1.7 5.2 5.4

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

  1y 3y 5y 10y
1.22 0.50 - -
Comparator Benchmark 1 (%)

as of 31-Dec-2024

5.37 4.08 - -
  YTD 1m 3m 6m 1y 3y 5y 10y
1.22 0.05 0.11 0.50 1.22 1.52 - -
Comparator Benchmark 1 (%)

as of 31-Dec-2024

5.37 0.39 1.20 2.57 5.37 12.73 - -
  From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
From
31-Dec-2022
To
31-Dec-2023
From
31-Dec-2023
To
31-Dec-2024
Total Return (%)

as of 31-Dec-2024

- - -0.90 1.21 1.22
Comparator Benchmark 1 (%)

as of 31-Dec-2024

- - 1.70 5.21 5.37
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 CHF 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 21-Jan-2025
USD 7,603,385,611.17
Fund Inception
24-Sept-2010
Fund Type
Standard Variable NAV
SFDR Classification
Article 8
Ongoing Charge
0.150%
Management Fee
0.125%
Domicile
Ireland
Issuing Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 1 day
Bloomberg Ticker
BLUSBHC
Trading Deadline
2:00 PM (NYT)
Moody's Fund Rating
-
Performance Start Date
06-Dec-2021
Base Currency
USD
Comparator Benchmark 1
3 Month SOFR Compounded in Arrears
Article 8
ISIN
IE00BN776736
Minimum Initial Investment
CHF 75,000,000
Regulatory Structure
UCITS
Fiscal Year End
30-Sept
Dealing Frequency
Daily, forward pricing basis
SEDOL
BN77673
Fitch Rating
-
S&P Fund Rating
AAf
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 21-Jan-2025
11.5%
Weighted Average Maturity
as of 21-Jan-2025
90 days
Daily Distribution Factor
as of 21-Jan-2025
0.000000000
Weekly Maturing Asset
as of 21-Jan-2025
21.0%
Weighted Average Life
as of 21-Jan-2025
133 days
1-day Yield
as of 21-Jan-2025
4.40%
Source: BlackRock. All information is at the date specified in the Portfolio Characteristics table. We are in the process of updating the performance information for the BlackRock ICS Ultra Short Bond Funds. Should you require this information please reach out to your relationship manager.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Sustainability-related Disclosures

Sustainability-related Disclosures

This section provides sustainability-related information about the Fund, pursuant to Article 10 SFDR.

Registered Locations

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Guernsey

  • Ireland

  • Isle of Man

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Saudi Arabia

  • Singapore

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

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.
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 21-Jan-2025

% of Weight

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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 21-Jan-2025

% of Weight

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as of 21-Jan-2025

% of Weight

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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 21-Jan-2025

% of Weight

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.

Fund Overview

Fund Overview

Learn more about the ICS Ultra Short Bond Funds
Learn more about the ICS Ultra Short Bond Funds

Portfolio Managers

Portfolio Managers

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.

Bradford Glessner, CFA
Director, Portfolio Manager

Bradford Glessner, CFA, Director, is a member of BlackRock's Cash Management Group. He is a Portfolio Manager responsible for managing active short-term fixed income portfolios for corporate, financial, and insurance clients.

Geeta Sharma
Director, Portfolio Manager

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