Fact sheet: ACS US Eq Tracker

Fund information
Fund name
ACS US Equity Tracker T1 Acc
Fund manager company
BlackRock Advisors(UK) Limited
Fund type
Unit Trust
Fund managers
  • Kieran Doylesince 14/03/2016
Fund objective
The Fund is a sub-fund of the BlackRock Authorised Contractual Scheme taking the form of a co-ownership scheme. As a consequence of this, the Fund may be treated as tax transparent for the purpose of income and /or gains by relevant taxing jurisdictions. Each investor should take appropriate professional advice as to the tax treatment of their investment in the Fund. Investors in the Fund must be Eligible Investors as defined in the Fund’s prospectus and must have completed all relevant documentation prior to the purchase of units in the Fund. The Fund aims to achieve capital growth by tracking closely the performance of the FTSE USA Index, the Fund’s benchmark index. The Fund invests in equity securities (e.g. shares) of companies that make up the benchmark index.
Benchmark
  • FTSE Custom USA Net of Tax Mid Day
Investment style
Passive/Tracking,Growth
Investment method
Shares, Physical - Full
Quick stats
1 Year return
26.5%
1 Year rank in sector
28/82
Sector
UT North America
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.16%
Fund size
£742m (£708m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
103
Bid price
156.9
Offer price
157
Top in this sector
Fund name1 Year
VT De Lisle America47.9%
CF Canlife North American41.9%
Aviva Inv US Equity Income36.5%
Aviva Inv US Eq Inc II35.9%
Investec American35.6%
...more in UT North America

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%6.5%20.6%26.5%--
Sector1.5%6.6%19.7%23.7%56.1%119.3%
Rank within sector51 / 9047 / 8837 / 8428 / 82--
Quartile3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund27.1%5.9%---
Sector24.7%4.9%17.8%30.5%6.9%
Rank within sector27 / 8237 / 80---
Quartile2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high161.2
52 week low111.5
Current bid price156.9
Current offer price157
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Advisors(UK) Limited
Fund type
Unit Trust
Fund objective
The Fund is a sub-fund of the BlackRock Authorised Contractual Scheme taking the form of a co-ownership scheme. As a consequence of this, the Fund may be treated as tax transparent for the purpose of income and /or gains by relevant taxing jurisdictions. Each investor should take appropriate professional advice as to the tax treatment of their investment in the Fund. Investors in the Fund must be Eligible Investors as defined in the Fund’s prospectus and must have completed all relevant documentation prior to the purchase of units in the Fund. The Fund aims to achieve capital growth by tracking closely the performance of the FTSE USA Index, the Fund’s benchmark index. The Fund invests in equity securities (e.g. shares) of companies that make up the benchmark index.
Benchmark
  • FTSE Custom USA Net of Tax Mid Day
Investment style
Passive/Tracking,Growth
Investment method
Shares, Physical - Full
Fund managers
NameSinceBiography
Kieran Doyle14/03/2016Kieran Doyle, CFA, Vice President and portfolio manager, is a member of BlackRock's Institutional Index Equity team. Mr. Doyle's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Institutional Index Equity team. Prior to joining BGI, he was with KPMG. Mr. Doyle earned a master's degree in economics and finance from Bristol University in 2000.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
ACS US Equity Tracker T1 Acc
Initial charge-
Annual charge0.15%
Min single investment£25,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)-
Bid price156.9
Offer price157
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZBP
Data provided by

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