Fact sheet: BlackRock Global Equity

Fund information
Fund name
BlackRock Global Equity D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Andrew Wheatley-Hubbardsince 04/04/2017
  • Stuart Reevesince 04/04/2017
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
35%
1 Year rank in sector
33/241
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
£102m (£95m 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.
102
Bid price
180.9
Offer price
181.4
Top in this sector
Fund name1 Year
Natixis HarsAsGblConcntdEq53%
Baillie Gifford Global Select44.7%
NFU Mutual Global Growth44.3%
R&M World Recovery43.6%
Aubrey GblConviction42.2%
...more in UT Global

Performance snapshot

Holdings snapshot

  • USA41.8%
    UK14.5%
    Switzerland10.1%
    Canada5.7%
    Netherlands3.4%
  • Consumer Staples30%
    Health Care23.3%
    Industrials10.4%
    Financials8.3%
    Consumer Discretionary7.9%
  • International Equities97.1%
    Money Market2.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%0.5%8.2%35%48.5%86%
Sector2.1%1.1%8.5%28.1%40.5%83.7%
Rank within sector125 / 255146 / 251136 / 25033 / 24179 / 222122 / 198
Quartile2nd3rd3rd1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund5%25.1%4.6%5.7%22.7%
Sector4.9%21%3.4%6.7%19.7%
Rank within sector122 / 25186 / 238103 / 228154 / 21688 / 204
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.
0.26
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.
1.05
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.
0.93
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%.
10.82
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.
2.42
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.
0.34
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 low133.9
Current bid price180.9
Current offer price181.4
Current mid price-
Region
1USA41.83%
2UK14.53%
3Switzerland10.05%
4Canada5.69%
5Netherlands3.39%
6Taiwan3.1%
7Australia2.95%
8Money Market2.92%
9France2.69%
Industry sector
1Consumer Staples29.96%
2Health Care23.28%
3Industrials10.37%
4Financials8.31%
5Consumer Discretionary7.89%
6Telecommunications6.93%
7Information Technology6.31%
8Materials3.91%
9Money Market2.92%
Asset type
1International Equities97.08%
2Money Market2.92%
Individual holdings
1BRITISH AMERICAN TOBACCO4.04%
2IMPERIAL BRANDS PLC3.52%
3ASTRAZENECA PLC3.49%
4NOVARTIS AG3.19%
5JOHNSON & JOHNSON3.15%
6ALTRIA GROUP INC3.09%
7ROGERS COMMUNICATIONS INC2.89%
8PHILIP MORRIS INTERNATIONAL INC2.83%
9TELUS CORP2.8%
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
Andrew Wheatley-Hubbard04/04/2017Andrew Wheatley-Hubbard, CFA, Vice President, is co-portfolio manager and a research analyst for the Global Dividend Income portfolios within BlackRock's Global Equity team. He is responsible for covering Industrial stocks. Prior to assuming his current role in 2009, Mr. Wheatley-Hubbard worked for BlackRock in both London and Hong Kong. In previous roles, he was responsible for covering Singapore and Global Real Estate. Mr. Wheatley-Hubbard joined BlackRock in 2007 following an internship with the Global Equity team in 2006.Mr. Wheatley-Hubbard earned a BA and a MEng degree in engineering from Cambridge University in 2007.
Stuart Reeve04/04/2017Stuart Reeve, Managing Director and portfolio manager, is a member of the Global Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. He is the lead portfolio manager for all retail and institutional Global Dividend Income portfolios, and also Director of Research for the Global Equity team. In addition, he is responsible for covering the consumer staples and healthcare sectors.Mr. Reeve's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Reeve had primary responsibility for the global equity team's investments in food, beverage and tobacco. Prior to joining MLIM in 2005, he was a Pan-European food, beverage and tobacco analyst with Credit Agricole Asset Management. Mr. Reeve began his career with Touche Ross before joining Robert Fleming Securities, where he worked as a Pan-European beverages analyst.Mr. Reeve earned a BA degree, with honours, in economics and history at the University of East Anglia in 1984.
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 price173.4
Offer price182.6
Mid price-
CurrencyGBX
Price updated22/05/2017
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 price167.4
Offer price176.3
Mid price-
CurrencyGBX
Price updated22/05/2017
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 price180.9
Offer price181.4
Mid price-
CurrencyGBX
Price updated22/05/2017
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 price168.4
Offer price169
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGU0J
Data provided by

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