Fact sheet: BlackRock GF WldRlEstScs

Fund information
Fund name
BlackRock GF World Real Estate Securities A2 USD
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • James Wilkinsonsince 25/02/2013
  • Alastair Gillespiesince 01/05/2013
  • Mark Howard- Johnsonsince 25/02/2013
  • Sherry Rexroadsince 25/02/2013
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund's assets. The Fund invests globally at least 70% of its total assets in the shares of companies the main business of which is real estate.
Benchmark
  • FTSE EPRA/NAREIT Developed
Investment style
None
Investment method
Shares
Quick stats
1 Year return
12.1%
1 Year rank in sector
25/43
Sector
FO Property - International
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.
1.75%
Fund size
£169m (£17m 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.
97
Top in this sector
Fund name1 Year
SKAGEN SKAGEN m237.6%
HSBC GIF GblRlEstEqt37.3%
Sarasin IE Real Est Eq Gl34.2%
Fidelity Gbl Prop31%
Oasis Crescent GlbProEq28.2%
...more in FO Property - International

Performance snapshot

Holdings snapshot

  • USA53.7%
    Japan13.6%
    UK6.3%
    Australia6%
    Money Market4.6%
  • Real Estate94.6%
    Money Market4.6%
    Consumer Services0.5%
    Transport0.3%
  • Property94.6%
    Money Market5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%1.1%5.9%12.1%28.8%-
Sector-0.6%3.8%6.8%12.4%27.4%69.7%
Rank within sector39 / 4439 / 4426 / 4325 / 4318 / 41-
Quartile4th4th3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.3%0.6%20.4%--
Sector7.5%4.3%16%0.9%21.8%
Rank within sector21 / 4325 / 4216 / 41--
Quartile2nd3rd2nd
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.
-0.45
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.
1.16
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.
0.66
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%.
12.03
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.
3.14
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.
0.31
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.
0.95
Price movement
52 week high13.8
52 week low11.1
Current bid price-
Current offer price-
Current mid price13.31
Region
1USA53.73%
2Japan13.55%
3UK6.25%
4Australia5.95%
5Money Market4.63%
6Hong Kong3.9%
7Netherlands2.39%
8Austria2.04%
9Germany1.43%
Industry sector
1Real Estate94.58%
2Money Market4.63%
3Consumer Services0.54%
4Transport0.25%
Asset type
1Property94.63%
2Money Market5.37%
Individual holdings
1SIMON PROPERTY GROUP INC6.33%
2VENTAS INC4.35%
3WESTFIELD CORPORATION STAPLED (2UT 1ORD)3.62%
4BOSTON PROPERTIES INC3.3%
5AVALONBAY COMMUNITIES INC3.02%
6MITSUI FUDOSAN2.9%
7SUN HUNG KAI PROPERTIES LTD2.87%
8UNIZO HLDGS CO LTD2.51%
9LASALLE LOGIPORT REIT2.42%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund's assets. The Fund invests globally at least 70% of its total assets in the shares of companies the main business of which is real estate.
Benchmark
  • FTSE EPRA/NAREIT Developed
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
James Wilkinson25/02/2013James joined Thames River Capital in October 2007. He is the lead fund manager for the Thames River Real Estate Securities Fund and co-manager for the Thames River Property Growth & Income Fund and TR Property Investment Trust Sigma Shares. From October 2002 he was a portfolio manager and member of the Property Securities team at Henderson with responsibility for direct property investments of TR Property Investment Trust plc. Prior to that he was Associate Partner at Healey & Baker Investment Managers where he spent six years. James qualified as a Chartered Surveyor in 1998. He has a BA (Hons) in Philosophy from University of East Anglia and a MA in Property Valuation and Law from City University Business School.
Alastair Gillespie01/05/2013Alastair Gillespie is CFA at principal global investors and he has 12 years of investment experience and he is graduate from BC, University of Wollongong.
Mark Howard- Johnson25/02/2013Mark Howard-Johnson, CFA, Managing Director, is Global Head of Real Estate Securities Management. The Real Estate Securities Team is the result of a joint venture between the real estate and fundamental equity groups. His responsibilities include developing and overseeing the Investment Team and its process, as well as the creation of various public real estate securities products to be made available to both the retail and institutional channels. Mr. Howard-Johnson most recently served as Chief Investment Officer for the Real Estate Securities Team at Building and Land Technology, where he was responsible for launching its real estate securities management effort. Previously, he was global head and CIO for the Real Estate Securities Team at Goldman Sachs Asset Management. Over his more than ten year tenure, he oversaw the launch of the business and grew it in excess of $5 billion of AUM. Its flagship offering, a U.S. Total Return Strategy, produced top quartile performance while consistently besting its index, averaging nearly 200 bps per annum of gross out-performance over the ten years. He is an active member of the National Association of Real Estate Investment Trusts and sits on the Investment Advisory Council. Mr. Howard-Johnson earned his BA from Dartmouth College.
Sherry Rexroad25/02/2013Sherry Rexroad, Managing Director, joined BlackRock in 2012 as Chief Investment Officer of the Americas and Chair of the Investment Committee for the Global Real Estate Securities Group with 25 years of experience in real estate and real estate securities. Ms. Rexroad most recently served as the Senior Portfolio Manager, REITs-Americas for Aviva Investors Global Listed Real Estate Securities Team. She was previously a Managing Director and Portfolio Manager with ING Clarion Real Estate Securities with $10 billion in assets under management. Her experience includes global, U.S., income and long/short hedge fund mandates. Prior to ING, she worked for AEW Capital Management, the U.S. Environmental Protection Agency and the General Services Administration. Ms. Rexroad holds the Chartered Financial Analyst designation and is a member of the CFA Institute, the CFA Society of Philadelphia and NAREIT. Ms. Rexroad graduated from Haverford College and holds a MBA from The Wharton School, University of Pennsylvania.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Brunei Darussalam, Switzerland, Chile, China, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
BlackRock GF World Real Estate Securities A2 USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price13.31
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF67G
BlackRock GF World Real Estate Securities D2 USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.58
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSIW
BlackRock GF World Real Estate Securities E2 EUR
Initial charge3%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.79
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTUT
BlackRock GF World Real Estate Securities X2 Hedged AUD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.09
CurrencyAUD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4XG
BlackRock GF World Real Estate Securities X2 USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.89
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW7N
Data provided by

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