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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Distributions

This fund does not have any distributions data as of now.
  From
30-Sep-2015
To
30-Sep-2016
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
Total Return (%)

as of Sep 30, 2020

2.25 3.09 -2.94 4.28 -2.08
Benchmark (%)

as of Sep 30, 2020

0.55 0.33 0.62 0.83 0.48
  1Y 3Y 5Y 10y Incept.
-3.89 -0.90 0.36 1.24 3.43
Benchmark (%)

as of Oct 31, 2020

0.42 0.63 0.55 0.61 1.75
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-5.08 -1.29 -3.04 -3.89 -2.66 1.83 13.09 68.57
Benchmark (%)

as of Oct 31, 2020

0.29 0.00 0.01 0.42 1.91 2.79 6.29 30.87
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 Nov 23, 2020 GBP 221.120
Price Yield as of Nov 24, 2020 0.00
Number of Holdings as of Oct 30, 2020 77
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 GB00B06L6861
Bloomberg Ticker MLUKAAI
Annual Management Fee 1.75%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B06L686
Bloomberg Benchmark Ticker LIBGBP3M
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 Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Oct 31, 2020 0.07
3y Beta as of Oct 31, 2020 18.855
5y Volatility - Benchmark as of Oct 31, 2020 0.07
5y Beta as of Oct 31, 2020 10.606

Ratings

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
TESCO PLC 5.41
RELX PLC 4.88
RECKITT BENCKISER GROUP PLC 4.51
RENTOKIL INITIAL PLC 4.13
RIO TINTO PLC 3.86
Name Weight (%)
SERCO GROUP PLC 3.66
BRITISH AMERICAN TOBACCO PLC 3.39
CRH PLC 3.33
AUTO TRADER GROUP PLC 2.92
3I GROUP PLC 2.81
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% 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 Daily 1.57 GB00B06L6861 -
A Accumulating 1.64 GB00B06L9G55 -
D Accumulating 1.52 GB00B5ZNQ990 -
Class P Accumulating 1.42 GB00B11V7T69 -
Class S Daily 1.11 GB00BW9Z0H63 -
Class S Accumulating 1.11 GB00BW0D7Q79 -

Portfolio Managers

Portfolio Managers

Nigel Ridge
Nigel Ridge
Richard Wingfield
Richard Wingfield

Literature

Literature