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 equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Investment risk is concentrated in specific sectors, countries, currencies or companies or because the Fund has only a small number of investments. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. Concentrated investment exposure by the Fund could magnify the other risks to which the Fund is exposed. 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. 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.
Performance
Performance
Chart
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Returns
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 (%) | 2.0 | 6.9 | 15.7 | 14.4 | -9.5 | 23.5 | -4.3 | 14.3 | -0.1 | 9.2 |
| Constraint Benchmark 1 (%) | 1.2 | 1.0 | 16.8 | 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. | |
|---|---|---|---|---|---|
| Total Return (%) | 13.28 | 7.30 | 5.90 | 7.29 | - |
| Constraint Benchmark 1 (%) | 15.75 | 7.87 | 5.74 | 6.12 | - |
| YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | 8.22 | 2.10 | -1.06 | 1.86 | 13.28 | 23.52 | 33.22 | 102.02 | - |
| Constraint Benchmark 1 (%) | 10.75 | 2.49 | -0.49 | 1.90 | 15.75 | 25.52 | 32.21 | 81.11 | - |
| 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 |
-10.67 | 25.03 | -7.04 | 17.34 | 10.63 |
|
Constraint Benchmark 1 (%)
as of 30/Sept/2024 |
-16.59 | 27.89 | -4.00 | 13.84 | 13.40 |
The Fund was previously structured as Common Investment Fund (‘CIF’). On 06 12 2019, the CIF closed and the assets were transferred to a Charity Authorised Investment Fund (‘CAIF’). The CAIF is being run with the same investment objective and policy. Please note that the historical performance shown before 06 12 2019 is indicative and is provided when the fund was run as a CIF.
Unit Class and Benchmark performance displayed in GBP, hedged Unit 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
Risk Indicator
Risk Indicator
Ratings
Ratings
Morningstar Medalist Rating
Holdings
Holdings
| Name | Weight (%) |
|---|---|
| BLACKROCK GROWTH AND RECOVERY FUND | 9.22 |
| ASTRAZENECA PLC | 6.71 |
| RELX PLC | 5.93 |
| SHELL PLC | 5.76 |
| 3I GROUP PLC | 4.64 |
| Name | Weight (%) |
|---|---|
| RIO TINTO PLC | 4.43 |
| HSBC HOLDINGS PLC | 4.06 |
| LONDON STOCK EXCHANGE GROUP PLC | 3.54 |
| COMPASS GROUP PLC | 3.25 |
| STANDARD CHARTERED PLC | 3.23 |
Exposure Breakdowns
Exposure Breakdowns
Portfolio Managers
Portfolio Managers
Managing Director, and portfolio manager is Deputy Head of BlackRock's UK Equity Team within BlackRock's Fundamental Equities. He has been a portfolio manager since 2005, originally running private unit trusts. Mr. Avigdori was appointed co-manager of the Blackrock UK Income strategies in 2009 and the UK Charities strategies in 2015.
Mr. Avigdori additionally represents EMEA on the Fundamental Equities Sustainable Steering Committee and is a member of the EMEA Talent Committee.
Mr Avigdori's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr Avigdori earned a BSc (Hons) in Management Sciences from UMIST (University of Manchester Institute of Science and Technology) in 2001.
CFA, Director and portfolio manager, is a member of BlackRock's UK Equity Team within BlackRock's Fundamental Equities. Mr Goldman is responsible for the UK Income and Charity portfolios.
Mr. Goldman's service with the firm dates back to 2004, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Goldman held a variety of positions on both the UK equity team and in the fixed income division. Mr. Goldman began his investment career with MLIM in 2004 as a member of the investment training program.
Mr. Goldman earned a BSc degree, with first class honours, in economics from Bristol University in 2004.
