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.
Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. 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. 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 Fund’s investments may have low liquidity which often causes the value of these investments to be less predictable. In extreme cases, the Fund may not be able to realise the investment at the latest market price or at a price considered fair. 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 (%) | 6.9 | 5.2 | 12.6 | 13.1 | -6.5 | 18.4 | 9.1 | 13.2 | -10.6 | 4.3 |
Constraint Benchmark 1 (%) | 7.1 | 1.9 | 18.5 | 12.5 | -3.9 | 14.2 | 3.8 | 12.9 | -8.3 | 8.5 |
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 (%) | 10.54 | 0.33 | 4.41 | 6.29 | 7.23 |
Constraint Benchmark 1 (%) | 12.91 | 3.96 | 4.85 | 6.75 | 7.35 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 4.41 | -0.37 | -1.00 | 1.39 | 10.54 | 0.99 | 24.10 | 84.12 | 367.17 |
Constraint Benchmark 1 (%) | 7.79 | 0.22 | 1.37 | 3.36 | 12.91 | 12.37 | 26.69 | 92.14 | 378.83 |
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 |
4.39 | 17.71 | -7.28 | -1.47 | 10.54 |
Constraint Benchmark 1 (%)
as of 30/Sept/2024 |
-1.72 | 14.72 | -5.95 | 5.81 | 12.91 |
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
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
Exposure Breakdowns
Exposure Breakdowns
% of Market Value
Pricing & Exchange
Pricing & Exchange
Investor Class | Currency | Distribution Frequency | Bid Price | Offer Price | ISIN |
---|---|---|---|---|---|
Class A (Acc) | GBP | - | 4.69 | 4.71 | GB00BFK3M748 |
Class A (Inc) | GBP | Quarterly | 2.19 | 2.20 | GB00BFK3M854 |
Portfolio Managers
Portfolio Managers
Member of the Diversified Strategies team within BlackRock’s Multi-Asset Strategies and Solutions (MASS) group.
Member of the Diversified Strategies team within BlackRock’s Multi-Asset Strategies and Solutions (MASS) group.
Yasmin Meissner is the co-Head of Sustainable Investing for Multi-Asset Strategies and Client Portfolio Solutions along with Katharina Schwaiger.