Equity

BIEF UK Select 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.

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 typically invests in a concentrated portfolio of investments and should a particular investment decline in value, this will have a pronounced effect on the overall value of the fund.

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 7 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 16.1 -9.4 27.9 -4.9 15.5 -3.5 14.1
Target Benchmark 1 (%) 15.2 -7.3 21.3 -6.9 20.4 2.5 10.1
Constraint Benchmark 2 (%) 13.1 -9.5 19.2 -9.8 18.3 0.3 7.9

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

  1y 3y 5y 10y Incept.
17.10 8.97 7.00 - 8.44
Target Benchmark 1 (%) 17.82 10.02 8.06 - -
Constraint Benchmark 2 (%) 15.75 7.87 5.74 - 6.27
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
11.96 3.13 0.56 4.53 17.10 29.40 40.23 - 93.88
Target Benchmark 1 (%) 12.62 2.62 0.03 2.90 17.82 33.17 47.33 - -
Constraint Benchmark 2 (%) 10.75 2.49 -0.49 1.90 15.75 25.52 32.21 - 64.34
  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

-10.63 24.53 -7.71 18.97 13.48
Target Benchmark 1 (%)

as of 30/Sept/2024

-13.88 30.07 -1.84 16.00 15.50
Constraint Benchmark 2 (%)

as of 30/Sept/2024

-16.59 27.89 -4.00 13.84 13.40

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 04/Dec/2024
GBP 116,340,538
Fund Launch Date
20/Dec/1994
Fund Base Currency
GBP
Target Benchmark 1
FTSE All-Share Index +2%
Investment Association Category
UK All Companies
Ongoing Charges Figures
0.04%
ISIN
GB009A1WJWL2
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
9305839
Share Class launch date
27/Sept/2016
Share Class Currency
GBP
Asset Class
Equity
Constraint Benchmark 2
FTSE All-Share Index
Initial Charge
0.00%
Management Fee
-
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLUSAGA

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
38
3y Beta
as of 30/Nov/2024
0.932
P/B Ratio
as of 31/Oct/2024
2.29
Standard Deviation (3y)
as of 30/Nov/2024
10.96%
P/E Ratio
as of 31/Oct/2024
16.79

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

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
BLACKROCK GROWTH AND RECOVERY A 8.54
ASTRAZENECA PLC 8.14
RELX PLC 6.96
SHELL PLC 6.66
COMPASS GROUP PLC 5.97
Name Weight (%)
3I GROUP PLC 5.36
LONDON STOCK EXCHANGE GROUP PLC 5.05
NEXT PLC 4.69
STANDARD CHARTERED PLC 3.72
PEARSON PLC 3.32
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund
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 Distribution Frequency Bid Price Offer Price ISIN
Class A GBP None 1.95 1.96 GB009A1WJWL2
Class A GBP Annual 10.86 10.93 GB0094722021

Portfolio Managers

Portfolio Managers

Luke Chappell
Luke Chappell
Samantha Brownlee

 

CFA, Director and portfolio manager, sits within BlackRock's Fundamental Equities team. She is co-Portfolio Manager on the UK +2% and Focus strategies, as well as the Social Action strategy.

Literature

Literature