Multi Asset

ACS LifePath 2028-30

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.

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. 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. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. The Fund may seek to exclude Funds which are not subject to ESG-related requirements. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investing in the Fund. Such ESG screening may adversely affect the value of the Fund’s investments compared to a fund without such screening.
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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 5 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 16.6 8.5 12.0 -16.1 10.9
Benchmark (%) 16.5 8.1 11.7 -16.8 10.9

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

  From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
From
31-Dec-2021
To
31-Dec-2022
From
31-Dec-2022
To
31-Dec-2023
Total Return (%)

as of 31/Dec/2023

16.61 8.49 11.97 -16.11 10.85
Benchmark (%)

as of 31/Dec/2023

16.52 8.13 11.72 -16.80 10.92
  1y 3y 5y 10y Incept.
10.04 1.85 4.69 - 4.01
Benchmark (%) 10.79 1.87 4.57 - 3.89
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
1.12 0.96 5.65 6.27 10.04 5.65 25.73 - 25.42
Benchmark (%) 1.87 2.11 6.26 6.94 10.79 5.70 25.02 - 24.63

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 18/Mar/2024 GBP 743,045,352
Share Class launch date 25/May/2018
Fund Launch Date 25/May/2018
Share Class Currency GBP
Fund Base Currency GBP
Asset Class Multi Asset
Benchmark Index Composite for LifePath ACS 2028 - 30 (GBP)
Investment Association Category Mixed Investment 40-85% Shares
Initial Charge -
Ongoing Charges Figures 0.02%
ISIN GB00BG1TXD16
Annual Management Fee -
Performance Fee -
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 Target Date 2026 - 2030
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Bloomberg Ticker BR28X1A
SEDOL BG1TXD1

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 29/Feb/2024 14
Standard Deviation (3y) as of 29/Feb/2024 10.00%
3y Beta as of 29/Feb/2024 0.930
P/E Ratio as of 29/Feb/2024 0.00
P/B Ratio as of 29/Feb/2024 0.00
Yield to Maturity as of 29/Feb/2024 2.02
Modified Duration as of 29/Feb/2024 2.94
Effective Duration as of 29/Feb/2024 2.93
Weighted Avg Maturity as of 29/Feb/2024 3.86

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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6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for ACS LifePath 2028-30, Class X1, as of 29/Feb/2024 rated against 75 Target Date 2026 - 2030 Funds.

Holdings

Holdings

as of 29/Feb/2024
Name Weight (%)
ACS WLD ESG EQ TR FD X1D ACC GBP 33.27
ISHRS OSEAS GOV BD IDX (UK) X ACC 14.63
ISHR UK GLT ALL STKS IDX(UK) X ACC 10.68
ACS WRD ESG SN EQ TR FD X1D AC GBP 10.18
ISH UP 10 YRS GIL IND LINKD X ACC 7.39
Name Weight (%)
ISHS ESG OSEAS CORP BOND FUND (UK) 6.15
ISHS ESG STERLING CORP BOND (UK) 5.07
ACS W SM CAP ES SC EQ TR FD X1D AC 4.40
ISHARES EM IDX FD (IE) FLX AC GBP 3.86
ISHR ENV&L CB TLT RL EST IDX X ACC 1.77
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29/Feb/2024

% of Market Value

Type Fund Benchmark Net
Sorry, geographic exposures are not available at this time.
as of 29/Feb/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Feb/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
Class X1 GBP - - - GB00BG1TXD16

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