Multi Asset

BlackRock Balanced Growth Portfolio Fund

  • Bid price as of 13/May/2026 GBP 2.28
  • Offer price as of 13/May/2026 GBP 2.28
  • Morningstar Rating

Overview

Investment Approach

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) with the opportunity for additional income generation (i.e. income received on the Fund’s assets) where market conditions allow. The Fund may invest globally in equity securities (e.g. shares), fixed income securities (such as bonds), money-market instruments (i.e. debt securities with short-term maturities), funds and cash (in any currency). The fixed income securities and money-market instruments may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development).

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.

The value of your investment and the income from it will vary and your initial investment amount is not guaranteed.


Some or all of the Manager’s annual charge for the Fund is taken from capital rather than from income. This increases the income, but reduces the potential for capital growth. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.

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

The Fund uses 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.
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Performance

Performance

Chart

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Distributions

Ex-Date Total Distribution
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Ex-Date Total Distribution

This chart shows the product's performance as the percentage loss or gain per year over the last 10 years.

  2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Total Return (%) GBP 10.5 10.9 -5.9 17.1 11.4 13.9 -10.6 7.8 9.7 13.2
Constraint Benchmark 1 (%) GBP 24.3 9.4 -2.7 16.8 5.0 14.2 -4.6 10.1 11.9 13.8
Comparator Benchmark 2 (%) GBP 13.3 10.0 -6.1 15.9 5.4 11.1 -10.1 8.1 9.6 11.6

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

  1y 3y 5y 10y Incept.
Total Return (%) GBP 21.48 10.49 5.81 8.11 6.03
Constraint Benchmark 1 (%) GBP 21.33 12.10 8.61 9.59 -
Comparator Benchmark 2 (%) GBP 17.88 9.86 5.39 6.86 -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) GBP 3.46 5.20 0.90 2.28 21.48 34.88 32.63 118.17 786.43
Constraint Benchmark 1 (%) GBP 4.35 3.73 3.22 4.16 21.33 40.87 51.12 149.78 -
Comparator Benchmark 2 (%) GBP 3.20 5.01 1.54 3.14 17.88 32.60 30.00 94.15 -
  From
31-Mar-2021
To
31-Mar-2022 		From
31-Mar-2022
To
31-Mar-2023 		From
31-Mar-2023
To
31-Mar-2024 		From
31-Mar-2024
To
31-Mar-2025 		From
31-Mar-2025
To
31-Mar-2026
Total Return (%) GBP

as of 31/Mar/2026

5.88 -4.71 10.85 1.47 14.90
Constraint Benchmark 1 (%) GBP

as of 31/Mar/2026

10.08 0.13 12.20 5.46 15.53
Comparator Benchmark 2 (%) GBP

as of 31/Mar/2026

5.29 -4.60 10.83 3.23 11.05

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

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 Risks
Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. 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. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
Counterparty Risk: 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. Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due. Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

Key Facts

Key Facts

Net Assets of Fund
as of 12/May/2026
GBP 343,831,888
Fund Launch Date
01/Feb/1989
Fund Base Currency
GBP
Constraint Benchmark 1
BlackRock Balanced Growth Portfolio Fund - Aggregate (GBP)
Investment Association Category
Mixed Investment 40-85% Shares
Ongoing Charges Figures
1.60%
ISIN
GB0005810667
Minimum Initial Investment
GBP 500.00
Use of Income
Distributing
Regulatory Structure
UCITS
Morningstar Category
GBP Allocation 60-80% Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
0581066
Share Class launch date
01/Feb/1989
Share Class Currency
GBP
Asset Class
Multi Asset
Comparator Benchmark 2
Morningstar IA 40-85 Sector (GBP)
Initial Charge
5.00%
Management Fee
1.50%
Performance Fee
0.00%
Minimum Subsequent Investment
GBP 50.00
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
MRCPORI
Ongoing Charges Figure ex. Discount
1.60%
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Apr/2026
695
Standard Deviation (3y)
as of 30/Apr/2026
9.45%
P/B Ratio
as of 30/Apr/2026
14.65
Modified Duration
as of 30/Apr/2026
0.62
Weighted Avg Maturity
as of 30/Apr/2026
0.93
12 Month Trailing Dividend Distribution Yield
as of 30/Apr/2026
3.17
P/E Ratio
as of 30/Apr/2026
34.44
Yield to Maturity
as of 30/Apr/2026
1.08
Effective Duration
as of 30/Apr/2026
0.62

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for BlackRock Balanced Growth Portfolio Fund, Class A, as of 30/Apr/2026 rated against 1092 GBP Allocation 60-80% Equity Funds.

Holdings

Holdings

as of 30/Apr/2026
Name Weight (%)
ISHARES CORE S&P 500 UCITS ETF USD 13.71
ISHRS UK IDX FD (IE) GBP D AC 13.52
GLOB UNCONSTRAINED EQ UK X GBP ACC 5.30
BGF WORLD BOND FD I2 USD 3.77
BLACKROCK CONTINENTAL EURO X ACC 3.14
Name Weight (%)
BGF JAPAN FLEX EQ FUND X2 JPY 2.89
ISHARES PHYSICAL GOLD ETC 2.85
ISHARES GLOBAL AGGREGATE BON GBP H 2.39
BRAZIL FEDERATIVE REPUBLIC OF (GOV 10 01/01/2035 2.10
AYRES LATIN AM OPPS FD I ACC USD 2.09
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, geographic exposures are not available at this time.
Sorry, geographic exposures are not available at this time.
as of 30/Apr/2026

% of Market Value

Type Fund Benchmark Net
Due to the use of derivatives, reported asset allocation may not be fully reflective of the risk profile of the fund’s market exposure. Allocations subject to change.
Sorry, maturities are not available at this time.
Sorry, ratings are not available at this time.
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 Bid Price Offer Price ISIN
Class A GBP 2.28 2.28 GB0005810667
Class S GBP 2.49 2.49 GB00BK1PJY07
Class D GBP 2.48 2.49 GB00B7FKHX53
Class S GBP 1.89 1.90 GB00BK1PK815
Class D GBP 6.35 6.37 GB00B7XQBS82
Class A GBP 5.85 5.87 GB0005810774

Portfolio Managers

Portfolio Managers

Lucy Parker
Lucy Parker
Conan McKenzie
Conan McKenzie
CFA, Managing Director and portfolio manager

Member of the Diversified Strategies team within BlackRock’s Multi-Asset Strategies and Solutions (MASS) group.

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Conan McKenzie, CFA, Managing Director and portfolio manager, Member of the Diversified Strategies team within BlackRock’s Multi-Asset Strategies and Solutions (MASS) group. Within Diversified Strategies, Mr. McKenzie is involved in managing both benchmarked and outcome oriented funds. As with Mr. Ryan, Mr. McKenzie has portfolio management responsibilities across the charities funds and DDG. Conan has been a portfolio manager on the charities funds since April 2013. He also leads the team's ESG research agenda that drives the potential for ESG-related thematic investments, as well as alternative investment opportunities and third party manager research.

Mr. McKenzie holds a MA degree in History & Politics from the University of Oxford, and is a CFA Charterholder. His service with the firm dates back to 2011.

Adam Ryan
Adam Ryan
Managing Director and portfolio manager

Head of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes.

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Adam Ryan, Managing Director and portfolio manager, is Head of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. Mr. Ryan is the lead portfolio manager of the charities funds; Charities Growth & Income Fund, Armed Forces Common Investment Fund and Charifaith Common Investment Fund. Adam is also the lead portfolio manager of the BlackRock Dynamic Diversified Growth (DDG) strategy.

Mr Ryan's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. His background is in fixed income portfolio management where he was Head of Fixed Income for MLIM's Private Client business before developing and managing diversified multi-asset portfolios for both private and institutional clients.

Mr. Ryan earned a BA degree with honours in engineering from Cambridge University in 1991.

Yasmin Meissner
Yasmin Meissner
Director

Yasmin Meissner is the co-Head of Sustainable Investing for Multi-Asset Strategies and Client Portfolio Solutions along with Katharina Schwaiger.

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Yasmin Meissner is the co-Head of Sustainable Investing for Multi-Asset Strategies and Client Portfolio Solutions along with Katharina Schwaiger. In this capacity they are accountable for ESG research, integration and implementation efforts across the two groups. She has additional responsibilities in Multi-Asset Strategies as a macroeconomic researcher, covering a range of fundamental and quantitative approaches across advanced and emerging economies.

 

Prior to this, Yasmin was a portfolio manager in Client Portfolio Solutions. Before joining BlackRock, Yasmin was a telecoms analyst at Perella Weinberg Partners.


Miss. Meissner earned a BA degree in Politics, Philosophy and Economics from the University of Oxford, holds the Investment Management Certificate (IMC), and is a CFA charterholder.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature