Multi Asset

BlackRock Balanced Growth Portfolio 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.

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

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 2.6 3.2 10.5 10.9 -5.9 17.1 11.4 13.9 -10.6 7.8
Constraint Benchmark 1 (%) 7.6 3.3 24.3 9.4 -2.7 16.8 5.0 14.2 -4.6 10.1
Comparator Benchmark 2 (%) 5.0 2.8 13.3 10.0 -6.1 15.9 5.4 11.1 -10.1 8.1

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

  1y 3y 5y 10y Incept.
15.41 2.89 6.44 6.45 5.83
Constraint Benchmark 1 (%) 17.64 6.47 7.53 8.42 -
Comparator Benchmark 2 (%) 15.51 3.02 5.06 5.77 -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
10.56 2.96 2.68 4.82 15.41 8.93 36.60 86.79 662.88
Constraint Benchmark 1 (%) 12.99 3.53 3.70 6.63 17.64 20.69 43.76 124.40 -
Comparator Benchmark 2 (%) 10.83 2.40 2.83 5.39 15.51 9.33 28.00 75.22 -
  From
30-Sept-2019
To
30-Sept-2020
From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

5.62 18.40 -8.85 2.96 13.63
Constraint Benchmark 1 (%)

as of 30/Sept/2024

-1.72 17.35 -3.37 7.84 13.78
Comparator Benchmark 2 (%)

as of 30/Sept/2024

-0.08 16.71 -10.25 5.21 14.54

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 11/Dec/2024
GBP 326,875,218
Fund Launch Date
01/Feb/1989
Fund Base Currency
GBP
Constraint Benchmark 1
30% FTSE All Share Index 45% FTSE World ex-UK Index and 25% Barclays Global Aggregate Index
Investment Association Category
Mixed Investment 40-85% Shares
Ongoing Charges Figures
1.57%
ISIN
GB0005810667
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
IA OE Mixed Investment 40%-85% Shares sector
Initial Charge
5.00%
Management Fee
1.50%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
MRCPORI
Ongoing Charges Figure ex. Discount
1.58%
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Nov/2024
328
Standard Deviation (3y)
as of 30/Nov/2024
8.94%
P/E Ratio
as of 29/Nov/2024
20.27
Yield to Maturity
as of 29/Nov/2024
0.58
Effective Duration
as of 29/Nov/2024
0.87
12 Month Trailing Dividend Distribution Yield
as of 30/Nov/2024
2.23
3y Beta
as of 31/Dec/2019
1.139
P/B Ratio
as of 29/Nov/2024
2.32
Modified Duration
as of 29/Nov/2024
0.87
Weighted Avg Maturity
as of 29/Nov/2024
0.77

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.

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/Nov/2024 rated against 1115 GBP Allocation 60-80% Equity Funds.

Holdings

Holdings

as of 29/Nov/2024
Name Weight (%)
ISHARES CORE S&P 500 UCITS ETF USD 12.56
BLACKROCK CONTINENTAL EURO X ACC 6.90
BLACKROCK UK SMALLER COS X ACC 5.65
GLOB UNCONSTRAINED EQ UK X GBP ACC 4.82
ISHARES PHYSICAL GOLD ETC 3.04
Name Weight (%)
BGF SUST WORLD BOND FD I2 USD 2.89
BGF US FLEXIBLE EQ X2 USD 2.52
ISHARES GLOBAL AGGREGATE BON GBP H 2.50
BGF JAPAN FLEX EQ FUND X2 JPY 2.46
BGF Emerging Markets Fund X2 USD 2.34
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 29/Nov/2024

% 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 2.02 2.03 GB0005810667
Class S GBP 2.10 2.11 GB00BK1PJY07
Class S GBP 1.67 1.67 GB00BK1PK815
Class A GBP 4.98 4.99 GB0005810774
Class D GBP 2.19 2.20 GB00B7FKHX53
Class D GBP 5.38 5.39 GB00B7XQBS82

Portfolio Managers

Portfolio Managers

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.

Conan McKenzie
CFA, Managing Director and portfolio manager

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

Jason Byrom
Director and portfolio manager

Member of the Diversified Strategies team within the Multi-Asset Strategies & Solutions team.

Literature

Literature