Multi Asset

BlackRock Defensive Investment 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.

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Performance

Performance

Chart

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This chart shows the product's performance as the percentage loss or gain per year over the last 0 years.

  2021 2022 2023 2024 2025
Total Return (%) GBP

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

  1y 3y 5y 10y Incept.
9.19 - - - 11.19
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
4.37 -1.14 2.20 3.51 9.19 - - - 12.64
  From
30-Jun-2021
To
30-Jun-2022
From
30-Jun-2022
To
30-Jun-2023
From
30-Jun-2023
To
30-Jun-2024
From
30-Jun-2024
To
30-Jun-2025
From
30-Jun-2025
To
30-Jun-2026
Total Return (%) GBP

as of 30/Jun/2026

- - - - 12.96

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 Risks

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Equities and equity-related securities can be affected by daily stock market movements. Fixed Income securities can be affected by changes to interest rates, credit risk and potential or actual credit rating downgrades. Non-investment grade FI securities can be more sensitive to these events. ABS and MBS may have high levels of borrowing and not fully reflect the value of underlying assets. FDIs are highly sensitive to changes in the value of the asset they are based on. The impact is greater where FDIs are used in an extensive or complex way. The Fund may seek to exclude Funds which are not subject to ESG-related requirements. Such ESG screening may reduce the potential investment universe and this may adversely affect the value of the Fund’s investments compared to a fund without such screening.
Counterparty 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. Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due. Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. LTAFs invest in long term illiquid assets which may be subject to legal or other restrictions on transfer and it may not be possible to sell the asset for an extended period of time, or at all. The market prices for such assets tend to be volatile and may not be readily ascertainable, and the underlying LTAFs may not be able to realise what is perceived to be a fair value upon sale.

Key Facts

Key Facts

Net Assets of Fund
as of 04/Aug/2026
GBP 3,255,277,853
Fund Launch Date
16/Jun/2025
Fund Base Currency
GBP
SDR Classification
ESG un-labelled
Ongoing Charges Figures
0.02%
ISIN
GB00BQSB8Y62
Minimum Initial Investment
GBP 1,000,000.00
Use of Income
Accumulating
Regulatory Structure
PRIIPs KID Required
Morningstar Category
GBP Allocation 0-20% Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
BQSB8Y6
Share Class launch date
16/Jun/2025
Share Class Currency
GBP
Asset Class
Multi Asset
Initial Charge
0.00%
Management Fee
0.00%
Performance Fee
-
Minimum Subsequent Investment
GBP 100.00
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRDIX1A

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Jun/2026
12
P/E Ratio
as of 30/Jun/2026
0.00
Yield to Maturity
as of 30/Jun/2026
0.00
Effective Duration
as of 30/Jun/2026
0.00
Standard Deviation (3y)
as of -
-
P/B Ratio
as of 30/Jun/2026
0.00
Modified Duration
as of 30/Jun/2026
0.00
Weighted Avg Maturity
as of 30/Jun/2026
0.00

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 30/Jun/2026
Name Weight (%)
ACS WRLD ESG INS EQ X1AC ACC GBP 32.91
ISHRS OSEAS GOV BD IDX (UK) X ACC 21.96
ISHR UK GLT ALL STKS IDX(UK) X ACC 13.81
ISH UP 10 YRS GIL IND LINKD X ACC 13.60
ISH UP 10 YRS GILTS IND X ACC 4.17
Name Weight (%)
BCIF GLB CORP ESG IN GBP HDG X ACC 3.32
ISHRS E SCR COR BD IN FD UK X ACC 2.85
ACS W SM CAP ES SC EQ TR FD X1AC 2.62
BLK EM MARKT ESG INS FD X ACC 2.61
ISHARES BBG ENH ROLL YLD COMM SWAP 1.16
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30/Jun/2026

% of Market Value

Type Fund
as of 30/Jun/2026

% of Market Value

Type Fund
Sorry, geographic exposures are not available at this time.
Sorry, asset classes are not available at this time.
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 Offer Price ISIN Bid Price Offer Price
Class X1 Acc GBP - - GB00BQSB8Y62 1.13 1.13

Portfolio Managers

Portfolio Managers

Steve Walker
Steve Walker

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.

Literature

Literature