Equity

BlackRock UK Equity Absolute Return Fund

Overview

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. 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. The Fund uses derivatives as part of its investment strategy including the establishment of both ‘long’ and ‘synthetic short’ positions and the creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The Manager employs a risk management process to oversee and manage derivative exposure within the Fund. However, the use of derivatives in this manner may have the effect of increasing the overall risk profile of the Fund. Investors should understand that the Fund is not guaranteed to produce a positive return and as an absolute return product, performance may not move in line with general market trends or fully benefit from a positive market environment. The Fund utilises derivatives as part of its investment strategy. Compared to a fund which only invests in traditional instruments such as stocks and bonds, derivatives are potentially subject to a higher level of risk and volatility. The strategies utilised by the Fund involve the use of derivatives to facilitate certain investment management techniques including the establishment of both ‘long’ and ‘synthetic short’ positions and creation of market leverage for the purposes of increasing the economic exposure of a Fund beyond the value of its net assets. The use of derivatives in this manner may have the effect of increasing the overall risk profile of the Fund. Investors in this Fund should understand that the Fund is not guaranteed to produce a positive return and as an absolute return product, performance may not move in line with general market trends or fully benefit from a positive market environment. The Manager employs a risk management process to oversee and manage derivative exposure within the Fund. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.
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Performance

Performance

  • Returns

  From
31-Mar-2014
To
31-Mar-2015
From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2019

- - - -1.34 0.71
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.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
View full chart

Reinvestments

This fund does not have any distributions data as of now.

Key Facts

Key Facts

Size of Fund (Millions) as of Apr 24, 2019 GBP 71.562
Base Currency British Pound
Fund Inception Date Aug 18, 2016
Share Class Inception Date Aug 18, 2016
Asset Class Equity
Morningstar Category Alt - Long/Short Equity - UK
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1430596186
Bloomberg Ticker BSUAA2G
Initial Charge 5.00%
Performance Fee 20.00%
SEDOL BZB1SX5
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Ratings

Risk Indicator

Risk Indicator

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3
4
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7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Mar 29, 2019
Name Weight (%)
RELX PLC 5.72
ROYAL DUTCH SHELL PLC 4.75
TESCO PLC 4.70
BRITISH AMERICAN TOBACCO PLC 4.46
STANDARD CHARTERED PLC 3.84
Name Weight (%)
RENTOKIL INITIAL PLC 3.73
CARNIVAL PLC 3.45
FERGUSON PLC 3.27
CRH PLC 2.95
RIO TINTO PLC 2.82
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A2 GBP Accumulating 104.69 -0.17 -0.16 104.86 97.88 - LU1430596186 - -
I2 Hgd USD - 103.93 -0.13 -0.12 104.06 97.35 - LU1808491226 - -
D2 Hgd EUR Accumulating 103.96 -0.17 -0.16 104.13 97.28 - LU1430596699 - -
A4 Hgd EUR Annual 101.44 -0.17 -0.17 101.84 95.15 - LU1430596343 - -
D2 Hgd CHF Accumulating 102.82 -0.18 -0.17 103.00 96.31 - LU1430596772 - -
I2 Hgd EUR Accumulating 100.63 -0.17 -0.17 100.80 94.07 - LU1640626351 - -
D2 Hgd USD Accumulating 106.93 -0.17 -0.16 107.10 99.06 - LU1567864464 - -
D2 EUR Accumulating 107.61 -0.04 -0.04 107.65 96.19 - LU1495982784 - -
I2 Hgd JPY Accumulating 10,521.94 -17.65 -0.17 10,539.59 9,826.46 - LU1430596855 - -
E2 Hgd EUR Accumulating 100.22 -0.17 -0.17 101.02 94.16 - LU1495982198 - -
E2 EUR Accumulating 102.42 0.05 0.05 102.42 91.74 - LU1495981976 - -
D2 GBP Accumulating 106.54 -0.17 -0.16 106.71 99.38 - LU1430596426 - -
A2 Hgd EUR Accumulating 102.07 -0.18 -0.18 102.46 95.74 - LU1430596269 - -
X2 GBP Accumulating 110.65 -0.18 -0.16 110.83 102.87 - LU1430596939 - -

Portfolio Managers

Portfolio Managers

Nigel Ridge
Nigel Ridge

Literature

Literature

 

 

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Financial professional
I professionally manage portfolios on behalf of individual investors and provide financial advisory services. Examples of financial professionals include financial advisors, private bankers, etc.

Institutional investor
I professionally manage portfolios on behalf of institutions such as pension funds, sovereign funds, insurance companies, etc.

Individual investor
I buy and sell securities for my personal account, not for another company or organization. I am not a financial professional nor an institutional investor.