Fact sheet: BlackRock Global Equity

Fund information
Fund name
BlackRock Global Equity D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Tom Callansince 30/06/2014
  • Simon McGeoughsince 05/02/2015
  • Ian Jamiesonsince 30/06/2014
Fund objective
The Fund aims to achieve long-term capital growth on your investment by investing primarily in a global portfolio of equity securities issued by companies. The Fund invests generally in shares of companies domiciled in, or exercising a significant part of their economic activity in, developed markets. The Fund has the flexibility to invest outside of the asset class and sector set out above, including in developing markets.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
32.5%
1 Year rank in sector
29/253
Sector
UT Global
Yield
0.8%
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.
0.95%
Fund size
£104m (£105m 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
180
Offer price
180.6
Top in this sector
Fund name1 Year
Natixis HarsAsGblConcntdEq44.6%
First State Gbl Resrcs42.3%
R&M World Recovery39.8%
Investec Gbl Spcl Situations39.8%
NFU Mutual Global Growth39%
...more in UT Global

Performance snapshot

Holdings snapshot

  • USA52.7%
    China5.8%
    UK5.2%
    Japan4.8%
    India3%
  • Information Technology19%
    Financials17.7%
    Health Care11.5%
    Consumer Discretionary11.2%
    Materials8.7%
  • US Equities52.7%
    Chinese Equities5.8%
    UK Equities5.2%
    Japanese Equities4.8%
    Indian Equities3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%5.3%10.8%32.5%46.7%69%
Sector0.8%5.4%10.7%26.1%39.8%69%
Rank within sector161 / 263130 / 262106 / 25929 / 25391 / 230131 / 205
Quartile3rd2nd2nd1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.1%25.1%4.6%5.7%22.7%
Sector4.8%21%3.4%6.7%19.7%
Rank within sector102 / 26288 / 248107 / 237160 / 22590 / 213
Quartile2nd2nd2nd3rd2nd
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.
0.57
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.
1.04
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.
0.92
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%.
10.74
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.
2.36
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.
0.43
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 high184.6
52 week low133.2
Current bid price180
Current offer price180.6
Current mid price-
Region
1USA52.71%
2China5.8%
3UK5.2%
4Japan4.76%
5India3.04%
6France3.01%
7Money Market2.98%
8Italy2.15%
9Switzerland1.99%
Industry sector
1Information Technology18.95%
2Financials17.65%
3Health Care11.51%
4Consumer Discretionary11.23%
5Materials8.74%
6Consumer Staples7.28%
7Industrials7.17%
8Energy7%
9Telecommunications3.34%
Asset type
1US Equities52.71%
2Chinese Equities5.8%
3UK Equities5.2%
4Japanese Equities4.76%
5Indian Equities3.04%
6French Equities3.01%
7Money Market2.98%
8Italian Equities2.15%
9Swiss Equities1.99%
Individual holdings
1ALPHABET INC3.11%
2ALIBABA GROUP HLDG LTD2.14%
3APPLE INC2.06%
4WELLS FARGO & CO1.6%
5AMERICAN INTERNATIONAL GROUP INC1.45%
6PING AN INSURANCE(GR)CO OF CHINA1.42%
7SUMITOMO MITSUI FINANCIAL GROUP INC1.32%
8AMAZON.COM INC1.26%
9MASTERCARD INC1.25%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve long-term capital growth on your investment by investing primarily in a global portfolio of equity securities issued by companies. The Fund invests generally in shares of companies domiciled in, or exercising a significant part of their economic activity in, developed markets. The Fund has the flexibility to invest outside of the asset class and sector set out above, including in developing markets.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Tom Callan30/06/2014Thomas P. Callan, CFA, Managing Director and Senior Portfolio Manager, is head of BlackRock's Global Opportunities equity team. He oversees the team's investment process, leads the team's Investment Strategy Group, and provides portfolio and risk management oversight for all of the team's products. In addition, Mr. Callan is a member of BlackRock's Leadership Committee. Mr. Callan's service with the firm dates back to 1988, including his years with PNC Asset Management Group, which was integrated with BlackRock in 1998. He started as a health care analyst for PNC's mutual fund group and later served as an international equity analyst. Mr. Callan began his investment career at PNC Bank as a personal trust portfolio manager in 1988. Mr. Callan earned a BA degree in economics, with honors, from Boston College in 1981.
Simon McGeough05/02/2015
Ian Jamieson30/06/2014Ian Jamieson, CFA, Managing Director and portfolio manager, is a member of BlackRock's Global Opportunities equity team. He is lead portfolio manager for the consumer durables, retail, autos and telecom industries. He is also a product manager for Global and International equity portfolios, and a member of the team's Investment Strategy Group. Mr. Jamieson moved to his current role in 2003. He was previously a member of BlackRock's large cap core equity and Operations teams. Before joining BlackRock in 1999, Mr. Jamieson was a client relationship manager with Morgan Stanley Institutional Investment Management from 1996 to 1999. He began his career as an investment broker at RAF Financial in 1995. Mr. Jamieson earned a BS degree in finance from Pennsylvania State University in 1995.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Global Equity A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.66%
Bid price172.7
Offer price182
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCJ35
BlackRock Global Equity A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.66%
Bid price166.8
Offer price175.8
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCJ36
BlackRock Global Equity D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price180
Offer price180.6
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code00PE
BlackRock Global Equity D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.92%
Bid price167.6
Offer price168.2
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGU0J
Data provided by

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