Equity

ACS US Equity Tracker Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

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

Growth of Hypothetical 10,000

Performance chart data not available for display.
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  2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Total Return (%) 5.92 34.04 10.94 0.16 26.99 16.20
Target Benchmark 1 (%) 5.97 33.70 10.91 -0.66 27.57 16.33

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

  1Y 3Y 5Y 10y Incept.
27.46 16.91 17.53 - 17.43
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
13.60 4.90 8.36 13.60 27.46 59.79 124.21 - 208.32
  From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
Total Return (%)

as of Jun 30, 2021

24.09 13.08 13.38 10.57 27.46
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.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in GBP, hedged share class benchmark performance is displayed in GBP.

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

Key Facts

Key Facts

Net Assets of Fund as of Apr 18, 2024 GBP 21,727,432,191
Share Class Inception Date Jun 27, 2014
Fund Inception Date Jun 27, 2014
Share Class Currency GBP
Base Currency GBP
Asset Class Equity
Target Benchmark 1 FTSE USA Custom ESG Screened Index
SFDR Classification -
Investment Association Category North America
Initial Charge 0.00%
Ongoing Charge 0.16%
ISIN GB00BNB70C23
Annual Management Fee 0.15%
Performance Fee 0.00%
Minimum Initial Investment GBP 10000000
Minimum Subsequent Investment GBP 100
Use of Income Accumulating
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Morningstar Category US Large-Cap Blend Equity
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BASCUST1
SEDOL BNB70C2

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Mar 28, 2024 542
Standard Deviation (3y) as of Jun 30, 2021 15.86%
3y Beta as of Jun 30, 2021 0.988
P/E Ratio as of Mar 28, 2024 26.57
P/B Ratio as of Mar 28, 2024 4.51

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Mar 28, 2024 0.00%
MSCI - UN Global Compact Violators as of Mar 28, 2024 0.00%
MSCI - Nuclear Weapons as of Mar 28, 2024 0.00%
MSCI - Thermal Coal as of Mar 28, 2024 0.00%
MSCI - Civilian Firearms as of Mar 28, 2024 0.00%
MSCI - Oil Sands as of Mar 28, 2024 0.00%
MSCI - Tobacco as of Mar 28, 2024 0.00%

Business Involvement Coverage as of Mar 28, 2024 99.61%
Percentage of Fund not covered as of Mar 28, 2024 0.39%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.98%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for ACS US Equity Tracker Fund, Class T1, as of Jul 31, 2021 rated against 1462 US Large-Cap Blend Equity Funds.

Risk Indicator

Risk Indicator

1
2
3
4
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7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Mar 28, 2024
Name Weight (%)
MICROSOFT CORP 7.25
APPLE INC 5.79
NVIDIA CORP 4.97
AMAZON COM INC 3.76
META PLATFORMS INC CLASS A 2.49
Name Weight (%)
ALPHABET INC CLASS A 2.08
ALPHABET INC CLASS C 1.77
ELI LILLY 1.52
JPMORGAN CHASE & CO 1.34
BROADCOM INC 1.32
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 28, 2024

% 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

Pricing & Exchange

Investor Class Currency Distribution Frequency Bid Price Offer Price ISIN
Class T1 GBP Accumulating - - GB00BNB70C23
Class X1E GBP - - - GB00BD71XM91
Class X1G GBP - - - GB00BD71XP23
Class X1C GBP - - - GB00BD71XK77
Class X1L GBP - - - GB00BD71XV82
Class X1P GBP - - - GB00BD71XW99
Class X1I GBP - - - GB00BD71XR47
Class X1F GBP - - - GB00BD71XN09
Class X1H GBP - - - GB00BD71XQ30
Class X1D GBP - - - GB00BD71XL84
Class X1 GBP - - - GB00BDC3W343
Class X1K GBP - - - GB00BD71XT60
Class X1J GBP - - - GB00BD71XS53

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle

Literature

Literature