Equity

ACS World Multifactor ESG 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. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. Index Methodology Risk: Although the Index was created to select securities within the Parent Index which have a relatively higher exposure to four investment style factors, there is no guarantee this objective will be achieved. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. The benchmark index only excludes companies engaging in certain activities inconsistent with ESG criteria if such activities exceed the thresholds determined by the index provider. Investors should therefore make a personal ethical assessment of the benchmark index’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening. Multi-Factor Focus Risk: Indices with a multi-factor focus are less diversified than their parent index because they focus on four investment style factors rather than a broader market exposure. Therefore they will be more exposed to factor related market movements. Investors should consider this Fund as part of a broader investment strategy.

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

View full chart

  2019 2020 2021 2022 2023
Total Return (%) 26.40 -13.70 20.80
Target Benchmark 1 (%) 25.29 -5.18 13.89

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

  1Y 3Y 5Y 10y Incept.
23.96 8.17 - - 13.17
Target Benchmark 1 (%) 18.95 9.93 - - 13.28
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
9.96 2.55 3.54 14.72 23.96 26.56 - - 58.98
Target Benchmark 1 (%) 8.04 1.25 2.27 12.66 18.95 32.86 - - 59.58
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of Mar 31, 2024

- - 12.28 -5.52 26.31
Target Benchmark 1 (%)

as of Mar 31, 2024

- - 16.04 -0.79 21.58
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 Jun 17, 2024
GBP 2,884,465,369
Fund Inception Date
Jul 11, 2019
Base Currency
GBP
Target Benchmark 1
MSCI World Select Multiple Factor ESG LCT NET Index MIDDAY (Perf Only)
Investment Association Category
Global
Ongoing Charge
0.06%
Annual Management Fee
0.00%
Minimum Initial Investment
GBP 10000000
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BK6Z183
Share Class Inception Date
Sep 1, 2020
Share Class Currency
GBP
Asset Class
Equity
SFDR Classification
Other
Initial Charge
0.00%
ISIN
GB00BK6Z1835
Performance Fee
0.00%
Minimum Subsequent Investment
GBP 100
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BACSWMEAGG

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of May 31, 2024
418
3y Beta
as of May 31, 2024
1.268
P/B Ratio
as of May 31, 2024
2.68
Standard Deviation (3y)
as of May 31, 2024
15.06%
P/E Ratio
as of May 31, 2024
19.27

Ratings

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of May 31, 2024
Name Weight (%)
MICROSOFT CORP 6.43
NVIDIA CORP 4.51
NOVO NORDISK CLASS B 2.66
APPLE INC 2.34
ELI LILLY 2.22
Name Weight (%)
APPLIED MATERIAL INC 2.22
ELEVANCE HEALTH INC 1.91
LAM RESEARCH CORP 1.87
ADOBE INC 1.79
CIGNA 1.49
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 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 X1 Hedged GBP - - - GB00BK6Z1835
X2 GBP - - - GB00BGRLQP45
Class X1 GBP - - - GB00BGRLQN21
X2 Hgd GBP - - - GB00BMXR1P32

Portfolio Managers

Portfolio Managers

Suzanne Henige
Suzanne Henige
Group Index Equity PM Factors & Thematics EMEA
Group Index Equity PM Factors & Thematics EMEA

Literature

Literature