Equity

BlackRock Advantage US 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.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

Reinvestments

This product does not have any distributions data as of now.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in SEK, hedged Share Class Benchmark performance is displayed in USD.

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 06-May-21 USD 846.357
Fund Launch Date 04-Jun-18
Share Class launch date 04-May-21
Number of Holdings as of 30-Apr-21 238
Base Currency U.S. Dollar
Asset Class Equity
Morningstar Category -
SFDR Classification Article 8
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charges Figures 0.30%
ISIN IE00BP2C1Y93
Bloomberg Ticker BCAUSLC-AG
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BP2C1Y9
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment SEK 5000
Minimum Subsequent Investment SEK 1000
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of 30-Apr-21 0.00%
MSCI - UN Global Compact Violators as of 30-Apr-21 0.00%
MSCI - Nuclear Weapons as of 30-Apr-21 0.00%
MSCI - Thermal Coal as of 30-Apr-21 0.00%
MSCI - Civilian Firearms as of 30-Apr-21 0.00%
MSCI - Oil Sands as of 30-Apr-21 0.00%
MSCI - Tobacco as of 30-Apr-21 0.00%

Business Involvement Coverage as of 30-Apr-21 98.26%
Percentage of Fund not covered as of 30-Apr-21 1.74%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.25%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

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 designs research, portfolio construction, and decision phases of the investment process to reflect emphasis on relevant, internal ESG research related to assessments of certain characteristics, including, but not limited to, economic and environmental transition, market structure, superior growth, management quality, and risk characteristics associated with environmental, social, and governance matters. ESG insights are combined with other internal research views to achieve active portfolio weighting versus a reference benchmark (or weighting implemented to achieve an absolute return outcome in portfolios without a benchmark) which considers the portfolio’s ESG mandate. 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 metrics, and other factors.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 30-Apr-21
Name Weight (%)
APPLE INC 5.75
ALPHABET INC 4.81
MICROSOFT CORPORATION 3.72
AMAZON.COM INC 3.19
FACEBOOK INC 1.92
Name Weight (%)
ADOBE INC 1.70
JOHNSON & JOHNSON 1.66
COSTCO WHOLESALE CORPORATION 1.52
INTEL CORPORATION 1.49
MORGAN STANLEY 1.41
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Institutional SEK - 1,004.17 -2.79 -0.28 1,006.97 1,000.00 1,004.17 IE00BP2C1Y93 1,004.17 -
Class A Acc USD - 151.24 -0.41 -0.27 152.67 100.60 151.24 IE00BDDRH524 151.24 -
Class D Hedged Acc GBP - 146.80 -0.39 -0.26 148.17 97.80 146.80 IE00BG1DFJ36 146.80 -
Class D Acc EUR - 142.69 -1.03 -0.71 144.21 105.50 142.69 IE00BF553F02 142.69 -
Class X Acc USD - 157.47 -0.42 -0.27 158.95 104.09 157.47 IE00BFZP7Y79 157.47 -
Institutional SEK - 1,004.17 -2.79 -0.28 1,006.97 1,000.00 1,004.17 IE00BP2C1X86 1,004.17 -
Class D Hedged Acc EUR - 146.20 -0.40 -0.27 147.57 98.23 146.20 IE00BFZP7X62 146.20 -
Class D Hedged Acc CHF - 145.05 -0.40 -0.27 146.42 97.43 145.05 IE00BFZP7W55 145.05 -
Class D Acc USD - 156.08 -0.42 -0.27 157.55 103.48 156.08 IE00BFZP7V49 156.08 -

Portfolio Managers

Portfolio Managers

Travis Cooke
Travis Cooke
Ali Almufti
Ali Almufti

Literature

Literature