Multi Asset

BlackRock Charities Growth & Income 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.

Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. 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. The Fund uses derivatives as part of its investment strategy. Compared to a fund which only invests in traditional instruments such as stocks and bonds, derivatives are potentially subject to a higher level of risk. The Fund’s investments may have low liquidity which often causes the value of these investments to be less predictable. In extreme cases, the Fund may not be able to realise the investment at the latest market price or at a price considered fair. 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.
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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 4 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) 10.3 11.3 -9.6 4.3
Constraint Benchmark 1 (%) 4.1 14.5 -9.3 10.1

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

  1y 3y 5y 10y Incept.
13.42 1.53 4.91 - 5.24
Constraint Benchmark 1 (%) 16.96 4.58 6.27 - 6.46
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
8.91 2.69 3.01 6.19 13.42 4.68 27.11 - 32.22
Constraint Benchmark 1 (%) 12.83 3.84 5.32 8.63 16.96 14.39 35.51 - 40.80
  From
30-Sept-2019
To
30-Sept-2020
From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

4.63 15.09 -8.16 0.83 11.29
Constraint Benchmark 1 (%)

as of 30/Sept/2024

-0.94 14.56 -5.97 7.13 12.74
Previously, the performance history as at 31 October 2022 was quoted on the basis of closing prices. The full performance history is now shown based on dealing prices.

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 13/Dec/2024
GBP 151,558,219
Fund Launch Date
13/Jun/2019
Fund Base Currency
GBP
Constraint Benchmark 1
60% Global Equities, 20% Global Aggregate, 20% SONIA+3%
Investment Association Category
Mixed Investment 40-85% Shares
Ongoing Charges Figures
0.50%
ISIN
GB00BFBFWH93
Distribution Frequency
Quarterly
Domicile
United Kingdom
Management Company
BlackRock Fund Managers Ltd
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRCGIAI
Ongoing Charges Figure ex. Discount
0.50%
Share Class launch date
13/Jun/2019
Share Class Currency
GBP
Asset Class
Multi Asset
SDR classification
ESG un-labelled
Initial Charge
0.00%
Management Fee
0.45%
Performance Fee
0.00%
Use of Income
Distributing
Regulatory Structure
PRIIPs KID Required
Morningstar Category
Other Allocation
Dealing Frequency
Daily, forward pricing basis
SEDOL
BFBFWH9
The Ongoing Charge may be discounted depending on the size of the fund.

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Nov/2024
267
Standard Deviation (3y)
as of 30/Nov/2024
8.64%
P/E Ratio
as of 29/Nov/2024
29.86
Yield to Maturity
as of 29/Nov/2024
0.94
Effective Duration
as of 29/Nov/2024
0.80
12 Month Trailing Dividend Distribution Yield
as of 30/Nov/2024
3.32
3y Beta
as of 30/Nov/2024
0.924
P/B Ratio
as of 29/Nov/2024
2.98
Modified Duration
as of 29/Nov/2024
0.91
Weighted Avg Maturity
as of 29/Nov/2024
1.21

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.

Risk Indicator

Risk Indicator

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

Ratings

Holdings

Holdings

Sorry, top holdings are not available at this time.
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.
Sorry, geographic exposures are not available at this time.
as of 29/Nov/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 A GBP Quarterly 1.15 1.15 GB00BFBFWH93
Class C GBP Quarterly 1.12 1.12 GB00BFK3MF26
Class C GBP - 1.31 1.31 GB00BFK3MG33
Class A GBP - 1.33 1.33 GB00BFBFWJ18
Class X GBP - 1.37 1.38 GB00BFBFWX51

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.

Lamiaa Chaabi
Portfolio Manager, Diversified Strategies Team

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

Yasmin Meissner
Director

Yasmin Meissner is the co-Head of Sustainable Investing for Multi-Asset Strategies and Client Portfolio Solutions along with Katharina Schwaiger.

Literature

Literature