Equity

BlackRock UK Equity Absolute Return Fund

Overview

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 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 utilized 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

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Reinvestments

This product does not have any distributions data as of now.
  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 30-Jun-2021

- 0.14 2.37 2.67 -0.77
  1y 3y 5y 10y Incept.
1.02 1.66 - - 1.84
  YTD 1m 3m 1y 3y 5y 10y Incept.
0.36 0.55 0.12 1.02 5.06 - - 9.47

Key Facts

Key Facts

Size of Fund (Millions) as of 04-Aug-2021 GBP 161.08
12m Trailing Yield -
Number of Holdings as of 30-Jun-2021 71
Base Currency British Pound
Fund Launch Date 18-Aug-2016
Share Class launch date 18-Aug-2016
Asset Class Equity
Morningstar Category Long/Short Equity - UK
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charges Figures 1.09%
ISIN LU1430596426
Bloomberg Ticker BSUAD2G
Annual Management Fee 0.75%
Initial Charge 5.00%
Performance Fee 20.00%
SEDOL BZB1SQ8
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 100,000.00
Minimum Subsequent Investment -
Use of Income Accumulating

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.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 30-Jun-2021
Name Weight (%)
RIO TINTO PLC 5.85
RECKITT BENCKISER GROUP PLC 5.63
RELX PLC 5.37
TESCO PLC 5.16
ASTRAZENECA PLC 4.62
Name Weight (%)
BRITISH AMERICAN TOBACCO PLC 4.41
RENTOKIL INITIAL PLC 4.28
STANDARD CHARTERED PLC 4.22
SERCO GROUP PLC 3.91
AUTO TRADER GROUP PLC 3.67
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
Class D2 GBP None 110.06 0.11 0.10 110.40 105.06 - LU1430596426 - -
Class I2 Hedged EUR None 102.67 0.10 0.10 103.23 98.35 - LU1640626351 - -
Class I2 Hedged USD - 109.58 0.12 0.11 109.85 104.28 - LU1808491226 - -
Class A4 Hedged EUR Annual 101.55 0.14 0.14 102.66 97.75 - LU1430596343 - -
Class A2 GBP None 106.60 0.11 0.10 107.17 102.21 - LU1430596186 - -
Class A2 Hedged EUR None 102.32 0.13 0.13 103.38 98.45 - LU1430596269 - -
Class D2 Hedged USD None 112.29 0.12 0.11 112.64 107.01 - LU1567864464 - -
Class D2 EUR None 112.20 0.47 0.42 112.20 100.44 - LU1495982784 - -
Class D2 Hedged EUR None 105.08 0.10 0.10 105.66 100.83 - LU1430596699 - -

Portfolio Managers

Portfolio Managers

Nigel Ridge
Nigel Ridge

Literature

Literature