Equity

BlackRock US Dynamic 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.



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

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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 (%) 20.1 5.5 32.3 14.6 -2.3 23.9 15.1 27.1 -3.4 16.0
Constraint Benchmark 1 (%) 20.3 6.8 33.7 11.2 1.1 26.4 17.2 27.6 -8.9 19.4

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

  1y 3y 5y 10y Incept.
21.21 11.73 14.78 15.43 15.52
Constraint Benchmark 1 (%) 24.59 12.01 14.76 15.96 16.38
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
12.90 3.15 2.21 12.90 21.21 39.49 99.24 319.85 442.51
Constraint Benchmark 1 (%) 15.20 4.05 3.50 15.20 24.59 40.53 99.09 339.65 491.86
  From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
From
30-Jun-2022
To
30-Jun-2023
From
30-Jun-2023
To
30-Jun-2024
Total Return (%)

as of 30/Jun/2024

8.79 31.30 2.68 12.08 21.21
Constraint Benchmark 1 (%)

as of 30/Jun/2024

10.71 27.97 -1.08 14.02 24.59

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 19/Jul/2024
GBP 246,276,067
Fund Launch Date
31/Dec/1982
Fund Base Currency
GBP
Constraint Benchmark 1
Russell 1000 Index
Initial Charge
0.00%
ISIN
GB00B87XJQ69
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
BRUSDDA
Ongoing Charges Figure ex. Discount
0.89%
Share Class launch date
10/Oct/2012
Share Class Currency
GBP
Asset Class
Equity
Investment Association Category
North America
Ongoing Charges Figures
0.89%
Annual Management Fee
0.75%
Minimum Initial Investment
GBP 100,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
US Large-Cap Blend Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
B87XJQ6
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28/Jun/2024
52
3y Beta
as of 30/Jun/2024
0.714
P/B Ratio
as of 28/Jun/2024
3.73
Standard Deviation (3y)
as of 30/Jun/2024
10.95%
P/E Ratio
as of 28/Jun/2024
25.44

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager integrates ESG criteria into screening, company research and portfolio construction tools. The criteria may include data from multiple third-party ESG vendors, BlackRock internal scoring, internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. ESG criteria are considered in combination with other information. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion, where appropriate, 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

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 US Dynamic Fund, Class D, as of 30/Jun/2024 rated against 1710 US Large-Cap Blend Equity Funds.

Holdings

Holdings

as of 28/Jun/2024
Name Weight (%)
MICROSOFT CORPORATION 8.68
ALPHABET INC 6.15
AMAZON.COM INC 6.13
APPLE INC 3.86
NVIDIA CORPORATION 3.47
Name Weight (%)
META PLATFORMS INC 3.46
NOVO NORDISK A/S 2.52
BERKSHIRE HATHAWAY INC 2.49
INTERCONTINENTAL EXCHANGE INC 2.35
MICRON TECHNOLOGY INC 2.22
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28/Jun/2024

% of Market Value

Type Fund Benchmark Net
as of 28/Jun/2024

% of Market Value

Type Fund Benchmark Net
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 D GBP 29.89 29.92 GB00B87XJQ69
Class D GBP 26.52 26.55 GB00B8GKJQ82
Class A GBP 25.54 25.57 GB0005803191
Class A GBP 27.41 27.43 GB0005804165

Portfolio Managers

Portfolio Managers

Todd Burnside
Todd Burnside
Ibrahim Kanan
Ibrahim Kanan

Literature

Literature