Equity

BlackRock UK Absolute Alpha 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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

This fund does not have any distributions data as of now.
  From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
Total Return (%)

as of Sep 30, 2021

3.44 -2.00 4.81 -1.17 3.02
Benchmark (%)

as of Sep 30, 2021

0.33 0.62 0.83 0.48 0.06
  1Y 3Y 5Y 10y Incept.
3.02 2.19 1.58 - 2.02
Benchmark (%)

as of Sep 30, 2021

0.06 0.46 0.46 - 0.49
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
0.63 -0.17 1.17 3.02 6.71 8.18 - 13.98
Benchmark (%)

as of Sep 30, 2021

0.05 0.01 0.02 0.06 1.37 2.34 - 3.21
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 Oct 15, 2021 GBP 154.118
Price Yield as of Oct 15, 2021 0.63
Number of Holdings as of Sep 30, 2021 70
Base Currency British Pound
Fund Inception Date Apr 29, 2005
Share Class Inception Date Mar 20, 2015
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 0.86%
ISIN GB00BW9Z0H63
Bloomberg Ticker -
Annual Management Fee 0.67%
Initial Charge 5.00%
Performance Fee 20.00%
SEDOL BW9Z0H6
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 50000000
Minimum Subsequent Investment GBP 50
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Sep 30, 2021 0.11
3y Beta as of Sep 30, 2021 5.499
5y Volatility - Benchmark as of Sep 30, 2021 0.09
5y Beta as of Sep 30, 2021 2.945

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

Risk Indicator

Risk Indicator

1
2
3
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6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Sep 30, 2021
Name Weight (%)
RELX PLC 5.46
RIO TINTO PLC 5.12
RECKITT BENCKISER GROUP PLC 4.82
RENTOKIL INITIAL PLC 4.79
ASTRAZENECA PLC 4.69
Name Weight (%)
TESCO PLC 4.17
AUTO TRADER GROUP PLC 4.07
3I GROUP PLC 3.74
SERCO GROUP PLC 3.55
STANDARD CHARTERED PLC 3.50
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 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 Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN TIS
Class S GBP Daily 1.12 0.00 0.18 1.13 1.08 1.12 GB00BW9Z0H63 -
Class S GBP Accumulating 1.13 0.00 0.09 1.14 1.08 1.13 GB00BW0D7Q79 -
D GBP Accumulating 1.55 0.00 0.13 1.56 1.48 1.55 GB00B5ZNQ990 -
A GBP Daily 1.58 0.00 0.19 1.60 1.53 1.58 GB00B06L6861 -
A GBP Accumulating 1.66 0.00 0.18 1.68 1.60 1.65 GB00B06L9G55 -
Class P GBP Accumulating 1.44 0.00 0.14 1.45 1.38 1.43 GB00B11V7T69 -

Portfolio Managers

Portfolio Managers

Nigel Ridge
Nigel Ridge
Richard Wingfield
Richard Wingfield

Literature

Literature