Equity

BlackRock UK Absolute Alpha 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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
Total Return (%)

as of Dec 31, 2020

2.06 0.61 -6.02 9.18 -1.84
Benchmark (%)

as of Dec 31, 2020

0.50 0.35 0.72 0.81 0.29
  1Y 3Y 5Y 10y Incept.
-2.57 0.41 0.97 1.12 3.45
Benchmark (%)

as of Feb 28, 2021

0.18 0.58 0.52 0.59 1.71
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-1.63 0.12 -0.18 -2.57 1.24 4.96 11.80 71.15
Benchmark (%)

as of Feb 28, 2021

0.01 0.00 0.01 0.18 1.75 2.61 6.03 30.89
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Mar 5, 2021 GBP 218.369
Price Yield as of Mar 5, 2021 0.00
Number of Holdings as of Jan 29, 2021 73
Base Currency British Pound
Fund Inception Date Apr 29, 2005
Share Class Inception Date Apr 29, 2005
Asset Class Equity
Benchmark Index LIBOR 3 Month (GBP)
Investment Association Category -
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Ongoing Charge 1.93%
ISIN GB00B06L9G55
Bloomberg Ticker MLUKAAA
Annual Management Fee 1.75%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B06L9G5
Bloomberg Benchmark Ticker FTALLNET
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 500
Minimum Subsequent Investment GBP 50
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2021 0.09
3y Beta as of Feb 28, 2021 8.287
5y Volatility - Benchmark as of Feb 28, 2021 0.08
5y Beta as of Feb 28, 2021 6.098

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research phase of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for BlackRock UK Absolute Alpha Fund, Class A, as of Jul 31, 2018 rated against 59 Alt - Long/Short Equity - UK Funds.

Risk Indicator

Risk Indicator

1
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4
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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Feb 26, 2021
Name Weight (%)
RELX PLC 5.29
RIO TINTO PLC 5.15
RECKITT BENCKISER GROUP PLC 4.90
TESCO PLC 4.50
SERCO GROUP PLC 3.75
Name Weight (%)
ASTRAZENECA PLC 3.63
STANDARD CHARTERED PLC 3.44
RENTOKIL INITIAL PLC 3.34
3I GROUP PLC 3.25
BRITISH AMERICAN TOBACCO PLC 3.19
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 26, 2021

% of Market Value

Type Long Short 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 Distribution Frequency Bid Price ISIN TIS
A Accumulating 1.64 GB00B06L9G55 -
D Accumulating 1.52 GB00B5ZNQ990 -
Class S Daily 1.11 GB00BW9Z0H63 -
A Daily 1.57 GB00B06L6861 -
Class P Accumulating 1.42 GB00B11V7T69 -
Class S Accumulating 1.11 GB00BW0D7Q79 -

Portfolio Managers

Portfolio Managers

Nigel Ridge
Nigel Ridge
Richard Wingfield
Richard Wingfield

Literature

Literature