Fact sheet: BlackRock Asia Special Sits

Fund information
Fund name
BlackRock Asia Special Situations D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Emily Dongsince 29/04/2014
  • Andrew Swansince 29/04/2014
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on your investment. The Fund invests primarily in the shares of companies which are domiciled in, or the main business of which is in, Asia excluding Japan. Many of these countries are developing countries. In particular, the Fund will invest in the shares of companies, which, in the Portfolio Manager's opinion, have good growth potential. For example the companies may demonstrate above-average growth rates in earnings or sales and high or improving returns on capital.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
None
Investment method
Shares
Quick stats
1 Year return
29.4%
1 Year rank in sector
28/63
Sector
UT Asia Pacific Excluding Japan
Yield
0.9%
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.
0.99%
Fund size
£99m (£73m 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.
119
Bid price
157.5
Offer price
158.6
Top in this sector
Fund name1 Year
Invesco Perp Asian38.1%
Old Mutual Invesco Perp Asn36.9%
L&G Asian Income Trust35.8%
Old Mutual Asia Pacific34.6%
Henderson Inst AsPfcexJpnIdOp34.5%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China27.7%
    Taiwan22%
    India11%
    Indonesia10.1%
    Hong Kong10%
  • Information Technology28.3%
    Consumer Discretionary15.8%
    Financials15.1%
    Industrials10.1%
    Energy7.7%
  • Chinese Equities27.7%
    Taiwanese Equities22%
    Indian Equities11%
    Indonesian Equities10.1%
    Hong Kong Equities10%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%0.6%22%29.4%--
Sector-2.8%0.6%20.3%28%31.9%53.4%
Rank within sector33 / 6531 / 6522 / 6528 / 63--
Quartile3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund27%6.3%---
Sector26.2%-3.8%9.2%3.4%15.7%
Rank within sector30 / 633 / 61---
Quartile2nd1st
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 high169.1
52 week low109.7
Current bid price157.5
Current offer price158.6
Current mid price-
Region
1China27.74%
2Taiwan21.99%
3India10.99%
4Indonesia10.13%
5Hong Kong10.03%
6Korea6.65%
7Money Market3.97%
8Thailand3.97%
9Philippines3.22%
Industry sector
1Information Technology28.32%
2Consumer Discretionary15.78%
3Financials15.05%
4Industrials10.11%
5Energy7.66%
6Materials6.77%
7Utilities5.35%
8Money Market3.97%
9Consumer Staples3.65%
Asset type
1Chinese Equities27.74%
2Taiwanese Equities21.99%
3Indian Equities10.99%
4Indonesian Equities10.13%
5Hong Kong Equities10.03%
6South Korean Equities6.65%
7Money Market3.97%
8Thai Equities3.97%
9Philippine Equities3.22%
Individual holdings
1TENCENT HLDGS LIMITED9.48%
2TAIWAN SEMICONDUCTOR CO7.66%
3AIA GROUP LTD4.54%
4LARGAN PRECISION CO LTD4.49%
5DELTA ELECTRONICS INC3.97%
6CHINA PETROLEUM & CHEMICAL CORP3.89%
7BHARAT PETROLEUM CORP3.78%
8BHARAT PETROLEUM CORP3.78%
9ASTRA INTERNATIONAL3.37%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on your investment. The Fund invests primarily in the shares of companies which are domiciled in, or the main business of which is in, Asia excluding Japan. Many of these countries are developing countries. In particular, the Fund will invest in the shares of companies, which, in the Portfolio Manager's opinion, have good growth potential. For example the companies may demonstrate above-average growth rates in earnings or sales and high or improving returns on capital.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Emily Dong29/04/2014Portfolio manager and research analyst within the Asian Equities team in the Fundamental Equity division of BlackRock's Alpha Strategies Group, responsible for co-managing the China and Asian Growth Leader portfolios and covering several sectors within the Chinese market. Prior to joining BlackRock in 2010, Emily worked in China Renaissance Capital Investment and JMB Capital Partners, specializing in China/HK equities. She began her career at China International Capital Corporation (CICC) as an equity analyst. Emily has 10 years of investment experience. Emily was educated at Peking University in China and received her MBA from the Harvard Business School.
Andrew Swan29/04/2014Andrew Swan, Managing Director, is the Head of Asian Equities of the Fundamental Equity division at BlackRock. He is responsible for managing several regional equity portfolios, setting regional equity investment strategy and developing BlackRock's Asian investment platform and capabilities. Before joining BlackRock in August 2011, Andrew was with JP Morgan for 17 years. Andrew is backed by a team of research specialists, focused on country-specific markets, with a deep awareness of macro trends. BlackRock believe in having deep local knowledge of the markets we invest in which can be best achieved by having a country research focus.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Asia Special Situations A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price154.5
Offer price163.4
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKE7V
BlackRock Asia Special Situations D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price157.5
Offer price158.6
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKE7W
Data provided by

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