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.
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.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
To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.
Performance
Performance
Chart
Distributions
Ex-Date | Total Distribution |
---|
-
Returns
This chart shows the fund's performance as the percentage loss or gain per year over the last 7 years.
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 0.3 | -6.5 | 8.2 | -2.1 | 0.2 | 5.5 | 3.2 | |||
Comparator Benchmark 1 (%) | 0.4 | 0.7 | 0.8 | 0.3 | 0.1 | 1.5 | 4.8 |
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 (%) | 3.89 | 3.72 | 2.31 | - | 1.63 |
Comparator Benchmark 1 (%) | 5.45 | 3.32 | 2.10 | - | 1.52 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 2.24 | -0.46 | 0.74 | 1.65 | 3.89 | 11.58 | 12.10 | - | 13.86 |
Comparator Benchmark 1 (%) | 3.59 | 0.43 | 1.33 | 2.70 | 5.45 | 10.29 | 10.95 | - | 12.92 |
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 |
1.38 | -2.36 | 4.53 | 4.41 | 3.27 |
Comparator Benchmark 1 (%)
as of 30/Jun/2024 |
0.66 | 0.06 | 0.43 | 3.25 | 5.44 |
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 EUR, 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
Portfolio Characteristics
Portfolio Characteristics
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.
Risk Indicator
Risk Indicator
Ratings
Ratings
Holdings
Holdings
Name | Weight (%) |
---|---|
SHELL PLC | 2.75 |
ASTRAZENECA PLC | 2.68 |
SMURFIT WESTROCK PLC | 2.60 |
LONDON STOCK EXCHANGE GROUP PLC | 2.39 |
GREAT PORTLAND ESTATES PLC | 2.17 |
Name | Weight (%) |
---|---|
CRH PLC | 2.09 |
EXPERIAN PLC | 2.06 |
BREEDON GROUP PLC | 2.04 |
RELX PLC | 2.01 |
COMPASS GROUP PLC | 2.01 |
Exposure Breakdowns
Exposure Breakdowns
Pricing & Exchange
Pricing & Exchange
Investor Class | Currency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
---|---|---|---|---|---|---|---|---|
Class A4 Hedged | EUR | 113.86 | 0.15 | 0.13 | 03/Oct/2024 | 114.51 | 109.89 | LU1430596343 |
Class A2 Hedged | EUR | 114.68 | 0.15 | 0.13 | 03/Oct/2024 | 115.34 | 110.69 | LU1430596269 |
Class D2 Hedged | USD | 135.24 | 0.19 | 0.14 | 03/Oct/2024 | 135.93 | 127.82 | LU1567864464 |
Class X2 | GBP | 146.98 | 0.22 | 0.15 | 03/Oct/2024 | 147.67 | 137.90 | LU1430596939 |
Class D2 | GBP | 130.97 | 0.18 | 0.14 | 03/Oct/2024 | 131.63 | 124.09 | LU1430596426 |
Class D2 | EUR | 135.27 | -1.11 | -0.81 | 03/Oct/2024 | 137.15 | 123.74 | LU1495982784 |
Class I2 Hedged | USD | 132.89 | 0.20 | 0.15 | 03/Oct/2024 | 133.56 | 125.41 | LU1808491226 |
Class D2 Hedged | EUR | 119.91 | 0.16 | 0.13 | 03/Oct/2024 | 120.58 | 115.04 | LU1430596699 |
Class I2 Hedged | EUR | 118.26 | 0.17 | 0.14 | 03/Oct/2024 | 118.90 | 113.16 | LU1640626351 |
Class D2 Hedged | CHF | 113.69 | 0.14 | 0.12 | 03/Oct/2024 | 114.41 | 111.19 | LU1430596772 |
Class A2 | GBP | 124.16 | 0.18 | 0.15 | 03/Oct/2024 | 124.80 | 118.46 | LU1430596186 |
Class I2 Hedged | JPY | 11,652.39 | 12.57 | 0.11 | 03/Oct/2024 | 11,806.01 | 11,422.49 | LU1430596855 |
Portfolio Managers
Portfolio Managers
Oliver Dixon,Vice President, is a member of the UK Equity team within the Fundamental Equity division of Blackrock's Active Equities Group.