Equity

BlackRock Charities UK Equity 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 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.
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Performance

Performance

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Distributions

Record Date Ex-Date Payable Date
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  From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
Total Return (%)

as of 30-Jun-21

21.84 8.80 1.85 -7.61 20.96
Benchmark (%)

as of 30-Jun-21

18.12 9.02 0.57 -12.99 21.45
  1y 3y 5y 10y Incept.
20.96 4.41 8.57 7.53 -
Benchmark (%)

as of 30-Jun-21

21.45 2.05 6.48 6.37 8.65
  YTD 1m 3m 1y 3y 5y 10y Incept.
9.57 0.04 5.60 20.96 13.82 50.88 106.64 -
Benchmark (%)

as of 30-Jun-21

11.09 0.16 5.60 21.45 6.28 36.86 85.47 1,661.33
The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product.

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

Size of Fund (Millions) as of 27-Jul-21 GBP 251.214
Price Yield as of 27-Jul-21 2.96
Number of Holdings as of 30-Jun-21 38
Base Currency British Pound
Fund Launch Date 24-Nov-87
Share Class launch date 03-Dec-86
Asset Class Equity
Benchmark Index 30% MSWXUKGBPN / FTULALGBP / 10% IPDABINX / GBP3MLIBK / 20% BSTRGILTS
Investment Association Category -
Domicile United Kingdom
Regulatory Structure PRIIPs KID Required
Management Company BlackRock Fund Managers Ltd
Ongoing Charges Figures -
ISIN GB00BFBFWM47
Bloomberg Ticker BLCUECA
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BFBFWM4
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 1000
Minimum Subsequent Investment GBP 100
Use of Income Distributing

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of 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, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research phase of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Holdings

Holdings

as of 30-Jun-21
Name Weight (%)
BLACKROCK GROWTH AND RECOVERY FUND 9.81
ASTRAZENECA PLC 7.18
RIO TINTO PLC 6.33
RECKITT BENCKISER GROUP PLC 4.80
RELX PLC 4.57
Name Weight (%)
ROYAL DUTCH SHELL PLC 4.15
UNILEVER PLC 3.82
BRITISH AMERICAN TOBACCO PLC 3.80
SMITH & NEPHEW PLC 3.29
STANDARD CHARTERED PLC 3.01
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN TIS
Class A GBP - 6.92 0.01 0.16 7.08 5.48 6.90 GB00BFBFWM47 -
Class A GBP - 22.49 0.04 0.18 22.91 17.41 22.42 GB00BFBFWN53 -

Portfolio Managers

Portfolio Managers

Adam Avigdori
Director and portfolio manager

  

David Goldman
Director and Portfolio Manager

  

Literature

Literature