Multi Asset

Armed Forces Common 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.

All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

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Performance

Performance

Chart

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Distributions

Ex-Date Total Distribution
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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Total Return (%) 19.7 12.8 -1.4 9.9 14.0 6.9 5.1 12.7 13.4 -6.6
Benchmark (%) 22.3 13.6 -1.7 10.4 14.4 7.1 1.9 18.5 12.5 -3.9

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

  From
30-Sept-2014
To
30-Sept-2015
From
30-Sept-2015
To
30-Sept-2016
From
30-Sept-2016
To
30-Sept-2017
From
30-Sept-2017
To
30-Sept-2018
From
30-Sept-2018
To
30-Sept-2019
Total Return (%)

as of 30/Sept/2019

3.45 15.65 11.64 5.96 4.75
Benchmark (%)

as of 30/Sept/2019

0.21 19.93 11.19 6.48 6.59
  1y 3y 5y 10y Incept.
10.82 8.32 7.41 8.42 8.07
Benchmark (%) 10.02 8.23 8.01 8.77 8.02
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
15.82 2.96 1.27 5.43 10.82 27.11 42.97 124.48 281.51
Benchmark (%) 13.32 1.38 1.13 5.82 10.02 26.78 47.03 131.85 278.42

Key Facts

Key Facts

Net Assets of Fund
as of 06/Dec/2019
GBP 350,718,912
Fund Launch Date
28/Aug/2002
Fund Base Currency
GBP
Benchmark Index
30% MSWXUKGBPN / FTULALGBP / 10% IPDABINX / GBP3MLIBK / 20% BSTRGILTS (GBP)
Initial Charge
0.00%
ISIN
GB0031782161
Performance Fee
-
Minimum Subsequent Investment
GBP 1,000.00
Use of Income
Distributing
Regulatory Structure
PRIIPs KID Required
Morningstar Category
GBP Allocation 80%+ Equity
Dealing Frequency
Daily, forward pricing basis
SEDOL
3178216
Share Class launch date
02/Sept/2002
Share Class Currency
GBP
Asset Class
Multi Asset
Investment Association Category
-
Ongoing Charges Figures
0.47%
Annual Management Fee
0.40%
Minimum Initial Investment
GBP 1,000.00
Distribution Frequency
Daily
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRAFCII

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Dec/2019
2
Standard Deviation (3y)
as of 30/Nov/2019
7.15%
P/E Ratio
as of 30/Apr/2024
0.00
Yield to Maturity
as of 30/Apr/2024
3.87
Effective Duration
as of 30/Apr/2024
0.00
12 Month Trailing Dividend Distribution Yield
as of 31/Jan/2018
3.54
3y Beta
as of 30/Nov/2019
1.084
P/B Ratio
as of 30/Apr/2024
0.00
Modified Duration
as of 30/Apr/2024
0.00
Weighted Avg Maturity
as of 30/Apr/2024
0.00

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

4 stars
Overall Morningstar Rating for Armed Forces Common Investment Fund, Income, as of 30/Nov/2019 rated against 404 GBP Allocation 80%+ Equity Funds.

Holdings

Holdings

as of 31/May/2016
Name Weight (%)
BPF - UK Property DIST UTS 9.95
BIBF - All Stocks Corporate Bond 4.72
ISHARES MSCI EMERGING MARKETS UCIT 4.61
STONE HARBOR INV EMG MKT DEBT I DI 3.55
BGF European Equity Income Fund 3.01
Name Weight (%)
BRITISH AMERICAN TOBACCO PLC 2.79
ASTRAZENECA PLC 2.46
LLOYDS BANKING GROUP PLC 2.35
MSCI EMER MKT MIN JUN 16 2.34
UNILEVER PLC 2.21
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

Sorry, sectors are not available at this time.
Sorry, geographic exposures are not available at this time.
as of 29/Jul/2016

% of Market Value

Type Fund Benchmark Net
as of 30/Apr/2024

% 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
Income GBP Daily 2.12 2.13 GB0031782161
Class Acc GBP None 3.76 3.78 GB0031781080

Portfolio Managers

Portfolio Managers

Conan McKenzie
CFA, Managing Director and portfolio manager

Member of the Diversified Strategies team within BlackRock’s Multi-Asset Strategies and Solutions (MASS) group.

Adam Ryan
Managing Director and portfolio manager

Head of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes.

Literature

Literature