Equity

BlackRock Global Unconstrained Equity Fund (UK)

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. This means the Fund is more sensitive to any localised economic, market, political or regulatory events. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investment. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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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 3 years.

  2019 2020 2021 2022 2023
Total Return (%) 34.4 -16.2 25.7
Comparator Benchmark 1 (%) 22.9 -7.8 16.8

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

  1y 3y 5y 10y Incept.
15.19 5.76 - - 13.60
Comparator Benchmark 1 (%) 27.32 10.25 - - 12.24
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
9.85 4.51 2.72 2.02 15.19 18.30 - - 85.79
Comparator Benchmark 1 (%) 22.21 5.79 7.94 11.45 27.32 34.01 - - 75.25
  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

- 27.19 -7.86 17.48 15.98
Comparator Benchmark 1 (%)

as of 30/Sept/2024

- 23.51 -2.93 11.54 20.50

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 13/Dec/2024
GBP 1,487,674,740
Fund Launch Date
21/Jan/2020
Fund Base Currency
GBP
Comparator Benchmark 1
MSCI World Index
Investment Association Category
Global
Ongoing Charges Figures
0.88%
ISIN
GB00BFK3ML85
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Global Large-Cap Growth Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
BFK3ML8
Share Class launch date
21/Jan/2020
Share Class Currency
GBP
Asset Class
Equity
SDR classification
ESG un-labelled
Initial Charge
0.00%
Management Fee
0.75%
Performance Fee
0.00%
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLGUEDG
Ongoing Charges Figure ex. Discount
0.89%
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Nov/2024
20
3y Beta
as of 30/Nov/2024
1.175
P/B Ratio
as of 29/Nov/2024
9.72
Standard Deviation (3y)
as of 30/Nov/2024
16.91%
P/E Ratio
as of 29/Nov/2024
42.90

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

Ratings

Morningstar Rating

5 stars
Overall Morningstar Rating for BlackRock Global Unconstrained Equity Fund (UK), Class D, as of 31/Jan/2023 rated against 1724 Global Large-Cap Growth Equity Funds.

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective 21/Jun/2023)
Analyst-Driven % as of 21/Jun/2023
100.00
Data Coverage % as of 21/Jun/2023
100.00

Holdings

Holdings

as of 29/Nov/2024
Name Weight (%)
MICROSOFT CORPORATION 9.71
NOVO NORDISK A/S 8.03
ASML HOLDING NV 6.91
S&P GLOBAL INC 5.94
META PLATFORMS INC 5.54
Name Weight (%)
MASTERCARD INC 4.92
VISA INC 4.86
CADENCE DESIGN SYSTEMS INC 4.78
MASIMO CORPORATION 4.73
ALPHABET INC 4.60
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
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 Bid Price Offer Price ISIN
Class D GBP 1.93 1.93 GB00BFK3ML85
Class D GBP 1.22 1.22 GB00BRTCQ630
Class Z GBP 1.95 1.95 GB00BFK3MN00
Class X GBP 2.02 2.02 GB00BFK3MM92

Portfolio Managers

Portfolio Managers

Alister Hibbert
Managing Director

  

Michael Constantis
Managing Director

  

Literature

Literature