Fact sheet: BlackRock Global Income

Fund information
Fund name
BlackRock Global Income D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • James Bristowsince 01/01/2013
  • Stuart Reevesince 05/05/2011
  • Andrew Wheatley-Hubbardsince 01/01/2013
Fund objective
The Fund aims to generate an above average level of income on your investment, compared to the income yield of global shares markets, without sacrificing long-term capital growth. The Fund invests primarily 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 All Country World Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
22.1%
1 Year rank in sector
21/37
Sector
UT Global Equity Income
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.
0.93%
Fund size
£148m (£135m 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.
93
Bid price
182.8
Offer price
183.4
Top in this sector
Fund name1 Year
COURTIERS Gbl (ex UK) Eq Inc34.9%
Scot Wid Fdmtl Index Global Equ31.5%
TB Saracen Gbl Inc & Gth31.4%
Lazard Global Equity Inc28.9%
Aberdeen World Eqty Inc28.8%
...more in UT Global Equity Income

Performance snapshot

Holdings snapshot

  • USA46.7%
    UK15.7%
    Switzerland9.9%
    Canada5.1%
    Taiwan3.4%
  • Consumer Staples26.3%
    Health Care22.6%
    Industrials10.8%
    Consumer Discretionary9.2%
    Financials9.1%
  • US Equities46.7%
    UK Equities15.7%
    Swiss Equities9.9%
    Canadian Equities5.1%
    Taiwanese Equities3.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%0.3%14%22.1%44.7%81.7%
Sector0.3%2.7%14.2%20.8%34.2%78%
Rank within sector34 / 4330 / 4123 / 4021 / 379 / 299 / 19
Quartile4th3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund21%7.8%9.5%18.1%5%
Sector19.5%2.7%6.8%21.8%10.6%
Rank within sector20 / 378 / 329 / 2918 / 2518 / 20
Quartile3rd1st2nd3rd4th
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.
3.41
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.
1.03
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.
0.91
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%.
10.44
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.
3.59
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.
1
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.
0.88
Price movement
52 week high191.2
52 week low143.7
Current bid price182.8
Current offer price183.4
Current mid price-
Region
1USA46.74%
2UK15.68%
3Switzerland9.9%
4Canada5.12%
5Taiwan3.35%
6Australia3.01%
7France2.84%
8Germany2.68%
9Money Market2.22%
Industry sector
1Consumer Staples26.34%
2Health Care22.6%
3Industrials10.77%
4Consumer Discretionary9.2%
5Financials9.14%
6Telecommunications8.89%
7Information Technology6.47%
8Materials4.37%
9Money Market2.22%
Asset type
1US Equities46.74%
2UK Equities15.68%
3Swiss Equities9.9%
4Canadian Equities5.12%
5Taiwanese Equities3.35%
6Australian Equities3.01%
7French Equities2.84%
8German Equities2.68%
9Money Market2.22%
Individual holdings
1ASTRAZENECA PLC3.64%
2BRITISH AMERICAN TOBACCO3.5%
3JOHNSON & JOHNSON3.39%
4ALTRIA GROUP INC3.22%
5IMPERIAL BRANDS PLC3.12%
6TELUS CORP2.89%
7SANOFI2.84%
8PHILIP MORRIS INTERNATIONAL INC2.75%
9CISCO SYSTEMS INC2.71%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to generate an above average level of income on your investment, compared to the income yield of global shares markets, without sacrificing long-term capital growth. The Fund invests primarily 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 All Country World Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
James Bristow01/01/2013James Bristow, CFA, 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 responsible for managing Global Focus and EAFE portfolios and covers the Healthcare sector.Mr. Bristow joined BlackRock in 2006. Prior to joining BlackRock, he was a portfolio manager with JP Morgan, responsible for managing global and European equity portfolios. He began his career with ABN AMRO Rothschild on their equity capital markets team. Mr. Bristow earned an MA degree in philosophy, politics and economics from Oxford University in 1997.
Stuart Reeve05/05/2011Stuart 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.
Andrew Wheatley-Hubbard01/01/2013Andrew 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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Global Income A Acc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.67%
Bid price175.3
Offer price184.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOU6
BlackRock Global Income A Inc
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.67%
Bid price149.4
Offer price157.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNOU5
BlackRock Global Income D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.92%
Bid price182.8
Offer price183.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOU8
BlackRock Global Income D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price155.4
Offer price155.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNOU7
Data provided by

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