Multi Asset

BlackRock Market Advantage Strategy 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.

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

Loading

Performance

Performance

Chart

Performance chart data not available for display.
View full chart

Reinvestments

This product does not have any distributions data as of now.
  From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
Total Return (%)

as of 30-Jun-21

6.54 6.87 9.69 -6.07 13.96
  1y 3y 5y 10y Incept.
12.60 6.29 6.01 - 6.12
  YTD 1m 3m 1y 3y 5y 10y Incept.
4.84 1.08 3.98 12.60 20.07 33.90 - 78.42

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 GBP, hedged Share Class Benchmark performance is displayed in EUR.

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 17-Sep-21 EUR 716.431
Fund Launch Date 31-Jul-07
Share Class launch date 07-Sep-07
12m Trailing Yield -
Number of Holdings as of 31-Aug-21 2711
Base Currency Euro
Asset Class Multi Asset
Morningstar Category GBP Flexible Allocation
SFDR Classification Other
Domicile Ireland
Regulatory Structure UCITS
Management Company BlackRock Asset Management Ireland Limited
Ongoing Charges Figures 0.36%
ISIN IE00B1XFCG84
Bloomberg Ticker BGIGBPB
Annual Management Fee 0.30%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B1XFCG8
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 1,000,000.00
Minimum Subsequent Investment GBP 100,000.00
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07-Sep-21 AA
MSCI ESG Quality Score (0-10) as of 07-Sep-21 7.15
MSCI ESG Quality Score - Peer Percentile as of 07-Sep-21 76.06
MSCI ESG % Coverage as of 07-Sep-21 83.17
Fund Lipper Global Classification as of 07-Sep-21 Mixed Asset EUR Flex - Global
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07-Sep-21 76.98
Funds in Peer Group as of 07-Sep-21 1
All data is from MSCI ESG Fund Ratings as of 07-Sep-21, based on holdings as of 30-Apr-21. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

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.

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 31-Aug-21 0.00%
MSCI - UN Global Compact Violators as of 31-Aug-21 0.00%
MSCI - Nuclear Weapons as of 31-Aug-21 0.00%
MSCI - Thermal Coal as of 31-Aug-21 0.00%
MSCI - Civilian Firearms as of 31-Aug-21 0.00%
MSCI - Oil Sands as of 31-Aug-21 0.00%
MSCI - Tobacco as of 31-Aug-21 0.00%

Business Involvement Coverage as of 31-Aug-21 58.86%
Percentage of Fund not covered as of 31-Aug-21 18.93%
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 0.05% and for Oil Sands 0.01%.

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 includes ESG considerations in the research, selection, monitoring and reporting phases of the investment process. This may include third-party and internal material considerations, as defined by the investment team, of ESG criteria. The Fund manager undergoes a rigorous research phase in the construction of internal ESG research signals, which highlight criteria such as human capital or management quality. As part of this research, the Fund manager conducts due diligence on ESG data providers. Once these signals have met the criteria necessary to be incorporated in the portfolio, they are considered as part of the investment decisions on an ongoing basis as part of a broader set of signals. The Fund manager additionally uses standardized ESG criteria (headline ESG ratings, carbon emissions intensity) during the reporting phase. These may be sourced internally or directly from third-party data providers and are featured in internal portfolio analytics. The Fund manager conducts regular portfolio risk reviews with Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

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

3 stars
Overall Morningstar Rating for BlackRock Market Advantage Strategy Fund, Class B, as of 31-Aug-21 rated against 437 GBP Flexible Allocation Funds.

Exposure Breakdowns

Exposure Breakdowns

as of 31-Aug-21

% of Market Value

Type Fund
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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class B GBP None 17.53 -0.11 -0.61 17.89 15.60 17.51 IE00B1XFCG84 17.55 -
Class B GBP Quarterly 10.90 0.00 0.00 10.90 10.90 - IE00B70CRS17 - -
Class A GBP None 16.51 -0.10 -0.61 16.85 14.64 16.49 IE00B1XFCB30 16.53 -
Class E GBP - 12.01 -0.07 -0.61 12.26 10.69 12.00 IE00B91N1B80 12.03 -
Class B EUR None 14.91 -0.09 -0.62 15.23 13.32 14.89 IE00B1XFCH91 14.93 -
Class A GBP Quarterly 12.55 -0.02 -0.16 12.95 11.09 12.54 IE00B91QJN52 12.57 -
Class E EUR None 14.52 -0.09 -0.62 14.83 12.99 14.50 IE00B884ZV52 14.54 -
Class E GBP Quarterly 12.50 -0.08 -0.61 12.76 11.30 12.48 IE00B7WF0L28 12.52 -

Portfolio Managers

Portfolio Managers

Philip Hodges
Philip Hodges
He Ren
He Ren

Literature

Literature