Multi Asset

ACS LifePath 2055-2057

  • Bid price as of 08/Dec/2023 GBP 1.05

Overview

Investment Approach

The Fund aims to achieve a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) for investors planning to retire between 2055 and 2057 by investing primarily in other funds and changing its asset mix over time. The Fund aims to invest in a manner consistent with the principles of environmental, social and governance (ESG) investing. The Fund intends to gain indirect exposure globally to equity securities (e.g. shares), fixed income (FI) securities (such as bonds) and alternative assets (such as property and commodities) by investing at least 70% of its total assets in other funds. The Fund may also invest directly in equity securities, FI securities, MMIs (i.e. debt securities with short-term maturities), deposits and cash. The Fund’s investment manager (IM) may use derivatives (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objective or to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund may engage in short-term secured lending of its investments to generate additional income and offset costs.

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.

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Performance

Performance

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This chart shows the fund's performance as the percentage loss or gain per year over the last 1 years.

  2018 2019 2020 2021 2022
Total Return (%) -12.8
Benchmark (%) -13.2

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

  From
30-Sep-2018
To
30-Sep-2019		 From
30-Sep-2019
To
30-Sep-2020		 From
30-Sep-2020
To
30-Sep-2021		 From
30-Sep-2021
To
30-Sep-2022		 From
30-Sep-2022
To
30-Sep-2023
Total Return (%)

as of 30/Sep/2023

- - - -10.61 12.09
Benchmark (%)

as of 30/Sep/2023

- - - -11.23 13.20
  1y 3y 5y 10y Incept.
Total Return (%) 8.80 - - - 1.57
Benchmark (%) 6.01 - - - 1.28
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 11.29 5.77 0.35 4.93 8.80 - - - 3.85
Benchmark (%) 11.58 5.51 0.61 5.81 6.01 - - - 3.14

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 08/Dec/2023 GBP 645,308,991
Share Class launch date 28/Jun/2021
Fund Launch Date 28/Jun/2021
Share Class Currency GBP
Fund Base Currency GBP
Asset Class Multi Asset
Benchmark Index Composite for LifePath ACS 2055 - 57 (GBP)
SFDR Classification Other
Investment Association Category -
Initial Charge 0.00%
Ongoing Charges Figures 0.02%
ISIN GB00BNYK8P77
Annual Management Fee 0.00%
Performance Fee 0.00%
Minimum Initial Investment GBP 1,000,000.00
Minimum Subsequent Investment GBP 100.00
Use of Income Accumulating
Domicile United Kingdom
Regulatory Structure PRIIPs KID Required
Management Company BlackRock Fund Managers Ltd
Morningstar Category -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
SEDOL BNYK8P7

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 30/Nov/2023 10
Standard Deviation (3y) as of - -
3y Beta as of - -
P/E Ratio as of 30/Nov/2023 0.00
P/B Ratio as of 30/Nov/2023 0.00
Yield to Maturity as of 30/Nov/2023 0.05
Modified Duration as of 30/Nov/2023 0.01
Effective Duration as of 30/Nov/2023 0.01
Weighted Avg Maturity as of 30/Nov/2023 0.02

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.

The Fund manager includes ESG considerations in the research and due diligence phases of the investment process. When appropriate, the Fund manager leverages third-party ESG rating data available in the Aladdin universe, including climate-related characteristics such as emissions intensity criteria. In certain LifePath products, ESG may help drive the decision on which indexes a particular product will employ. Where appropriate for the portfolio, ESG Optimized or ESG Screened building blocks may be employed over standard market capitalized index exposures. Both the extent and impact of optimized and screened solutions are assessed for suitability in the context of the investment objective of the strategy. The Fund manager includes standardized ESG criteria (headline ESG ratings, emissions intensity) in the portfolio review and monitoring phase(s) of the investment process. This includes ESG criteria sourced from Aladdin and from third-party data providers. ESG reporting is included as part of quarterly performance reviews and periodic risk reviews with BlackRock's Risk and Quantitative Analysis group.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31/Oct/2023
Name Weight (%)
ACS WRD ESG SN EQ TR FD X1M AC GBP 32.98
ACS WLD ESG EQ TR FD X1M ACC GBP 32.95
ACS WLD EX UK EQ TR FD X1M ACC GBP 10.71
ACS W SM CAP ES SC EQ TR FD X1M AC 9.37
ISHARES EM IDX FD (IE) FLX AC GBP 7.03
Name Weight (%)
ISHR ENV&L CB TLT RL EST IDX X ACC 4.93
ISHARES MSCI EMERGING MARKETS UCIT 1.33
ACS UK EQ TR FD X1M ACC GBP 0.49
ISHS ESG OSEAS CORP BOND FUND (UK) 0.17
GBP CASH(Committed) 0.08
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2023

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 31/Oct/2023

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2023

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
Sorry, maturities are not available at this time.
Sorry, ratings are not available at this time.
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 X1 Acc GBP - - - GB00BNYK8P77

Portfolio Managers

Portfolio Managers

Steve Walker
Steve Walker
Steven Dare
Steven Dare
Group Index Equity PM IAA EMEA
Group Index Equity PM IAA EMEA

Literature

Literature