Fact sheet: BlackRock Bal Growth Pfl

Fund information
Fund name
BlackRock Balanced Growth Portfolio D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Andy Warwicksince 07/03/2011
Fund objective
The Fund aims to achieve capital growth on your investment as well as the generation of some income, where market conditions allow. The Fund may invest in shares, fixed income securities, money-market instruments, funds and cash. The fixed income securities and moneymarket instruments will be issued by governments, government agencies, companies and supranationals. The Fund will invest in the full range of fixed income securities and moneymarket instruments which may include investments with a relatively low credit rating or which are unrated. Investment may be made globally in any and all economic sectors, although under normal market conditions, there will be an emphasis on the United Kingdom. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
  • No Specified Index
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
6%
1 Year rank in sector
232/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
2.7%
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.
0.97%
Fund size
£174m (£179m 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.
67
Bid price
293.5
Offer price
295
Top in this sector
Fund name1 Year
Orbis Gbl Bal34.6%
FP MA DRP VIII21.2%
HSBC Wld Seltn Advntr Pfl21%
CF Greenmount20.7%
S&W Millbank East River20.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK58.5%
    Money Market24.9%
    North America16.6%
    Europe12.6%
    International7.9%
  • No data available.
  • International Equities78.7%
    Global Fixed Interest20.7%
    Alternative Assets3.1%
    Money Market-2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%0.5%8%6%16.1%45%
Sector-2%0.4%8.9%9.5%18.7%46.9%
Rank within sector50 / 280140 / 279177 / 275232 / 268188 / 240142 / 207
Quartile1st3rd3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.8%3.8%3.2%14%11.3%
Sector9.9%2.2%5%13.5%9%
Rank within sector225 / 26867 / 252212 / 242126 / 22465 / 207
Quartile4th2nd4th3rd2nd
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.
-1.57
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.
1.14
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.
0.26
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%.
8.31
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.
2.51
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.
-0.29
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.
0.92
Price movement
52 week high300.4
52 week low246.1
Current bid price293.5
Current offer price295
Current mid price-
Region
1UK58.46%
2Money Market24.86%
3North America16.63%
4Europe12.6%
5International7.85%
6Japan3.96%
7Global Emerging Markets1.73%
8Pacific ex-Japan0.91%
9Not Specified-27%
Industry sector
No data available.
Asset type
1International Equities78.69%
2Global Fixed Interest20.69%
3Alternative Assets3.05%
4Money Market-2.43%
Individual holdings
1BLACKROCK CORPORATE BOND A ACC13.44%
2BLACKROCK UK SMALLER COMPANIES A ACC7.4%
3BLACKROCK UK INDEX GBP7.24%
4CITI EMERGING LIFESTYLE TRENDS BASKET TOTAL RETURN SWAP5.04%
5NASDAQ 100 E-MINI JUN 164.87%
6S&P500 EMINI JUN 164.67%
7FTSE 100 INDEX JUN 164.45%
8BLACKROCK CONTINENTAL EUROPEAN A INC3.82%
9TOPIX INDEX JUN 163.03%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve capital growth on your investment as well as the generation of some income, where market conditions allow. The Fund may invest in shares, fixed income securities, money-market instruments, funds and cash. The fixed income securities and moneymarket instruments will be issued by governments, government agencies, companies and supranationals. The Fund will invest in the full range of fixed income securities and moneymarket instruments which may include investments with a relatively low credit rating or which are unrated. Investment may be made globally in any and all economic sectors, although under normal market conditions, there will be an emphasis on the United Kingdom. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
  • No Specified Index
Investment style
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
Andy Warwick07/03/2011Andy Warwick, CFA, Managing Director and portfolio manager, is a member 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. Within Diversified Strategies he is lead portfolio manager for Dynamic Return Strategy (DRS) and a portfolio manager for Dynamic Diversified Growth (DDG). Mr Warwick also has responsibility for the management of a number of retail portfolios including the BGF Flexible Multi-Asset Fund and is also responsible for derivative implementation and structured product strategies for the team. Mr. Warwick's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to MLIM he worked with Mako Global Derivatives and Dalton Strategic Partnership from 2002-2005. Mr Warwick initially worked for MLIM from 1993-2002 as a manager for MLIM's unit trusts before joining the quantitative and derivatives team as a portfolio manager and equity derivatives head trader in 1997. He was subsequently co-portfolio manager of MLIM's first hedge fund, the Mercury Equity Arbitrage Fund. Mr. Warwick earned a MSc in Finance from the University of Leicester in 2007.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Balanced Growth Portfolio A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.76%
Bid price287.6
Offer price303.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeME31
BlackRock Balanced Growth Portfolio A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.76%
Bid price138.8
Offer price146.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeME30
BlackRock Balanced Growth Portfolio D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.98%
Bid price293.5
Offer price295
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGU0A
BlackRock Balanced Growth Portfolio D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.98%
Bid price141.8
Offer price142.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGU0B
BlackRock Balanced Growth Portfolio S Acc
Initial charge5%
Annual charge0.67%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price114.2
Offer price120.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8XJ
BlackRock Balanced Growth Portfolio S Inc
Initial charge5%
Annual charge0.67%
Min single investment£50,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price107.1
Offer price113
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK8XK
Data provided by

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