Multi Asset

BlackRock Balanced Managed 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. 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. Compared to more established economies, the value of investments in Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability. The Fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due.

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’s investments may have low liquidity, which often causes the value of these investments to be less predictable. In extreme cases the Fund may not be able to realise the investment at the latest market price or at a price considered fair.
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Performance

Performance

Chart

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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 (%) 2.7 3.2 10.7 12.1 -5.9 18.0 11.1 14.3 -11.8 8.4
Constraint Benchmark 1 (%) 8.0 2.8 20.0 10.4 -3.9 17.1 4.5 14.4 -6.4 11.8
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.
16.45 2.82 6.51 6.66 5.93
Constraint Benchmark 1 (%) 17.90 6.54 7.50 7.97 7.69
Comparator Benchmark 2 (%) 15.51 3.02 5.06 5.77 -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
11.42 3.21 3.14 5.42 16.45 8.70 37.09 90.60 201.99
Constraint Benchmark 1 (%) 13.19 3.50 3.24 6.37 17.90 20.92 43.54 115.38 314.72
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

5.69 20.62 -11.54 4.90 14.43
Constraint Benchmark 1 (%)

as of 30/Sept/2024

-1.62 18.24 -6.64 10.84 15.35
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 13/Dec/2024
GBP 129,069,020
Fund Launch Date
22/Sept/2005
Fund Base Currency
GBP
Constraint Benchmark 1
30% FTSE All Share Index 45% FTSE World ex-UK Index and 25% BofA ML 1-15 Yr Sterling Broad Market Index
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
BBALMGA
Ongoing Charges Figure ex. Discount
1.52%
Share Class launch date
22/Sept/2005
Share Class Currency
GBP
Asset Class
Multi Asset
Comparator Benchmark 2
IA OE Mixed Investment 40%-85% Shares sector
Ongoing Charges Figures
1.53%
ISIN
GB00B08HD141
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
GBP Allocation 60-80% Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
B08HD14
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
325
3y Beta
as of 31/Dec/2019
1.105
P/B Ratio
as of 29/Nov/2024
2.32
Modified Duration
as of 29/Nov/2024
1.44
Weighted Avg Maturity
as of 29/Nov/2024
0.86
Standard Deviation (3y)
as of 30/Nov/2024
9.54%
P/E Ratio
as of 29/Nov/2024
20.44
Yield to Maturity
as of 29/Nov/2024
0.94
Effective Duration
as of 29/Nov/2024
1.44

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 Managed Fund, Class A, as of 30/Nov/2024 rated against 1115 GBP Allocation 60-80% Equity Funds.

Holdings

Holdings

Sorry, top holdings are not available at this time.
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 NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class A GBP 2.90 0.00 0.08 13/Dec/2024 2.91 2.52 GB00B08HD141

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