Fact sheet: BlackRock Growth & Recovery

Fund information
Fund name
BlackRock Growth & Recovery A Inc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Roland Arnoldsince 05/07/2016
Fund objective
The investment objective of the Fund is to achieve capital growth, with a low running yield. The Scheme will invest predominantly in securities, including convertibles and preference shares. Investment may also be made in Government and other public securities from time to time. Investment will be made predominantly in UK securities, but the Scheme will be able to invest elsewhere in the European Union. The benchmark of the Scheme is the FTSE All-Share Index. The Fund may also invest in units in collective investment schemes.
Benchmark
  • Numis Smaller Companies plus AIM ex-Investment Trusts
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
5.9%
1 Year rank in sector
18/47
Sector
UT UK Smaller Companies
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.
1.05%
Fund size
£57m (£54m 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.
74
Bid price
556.7
Offer price
601.1
Top in this sector
Fund name1 Year
Cavendish AIM22.7%
Jupiter UK Smaller Companies19%
The MI Discretionary Unit19%
TB Amati UK Sm Cos16.5%
Marlborough UK Micro Cap Gwth11.2%
...more in UT UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK97.1%
    Money Market2.9%
  • Industrials27.9%
    Consumer Services21.1%
    Financials13.6%
    Basic Materials10%
    Consumer Goods8.3%
  • Commodity & Energy97.1%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%0.9%3.7%5.9%26%112%
Sector1.4%1.1%4.5%4.3%20%93.5%
Rank within sector19 / 4827 / 4832 / 4818 / 4721 / 4621 / 44
Quartile2nd3rd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.7%18.7%-1.9%36.7%28.5%
Sector3.4%14.2%-1.9%37.4%22.5%
Rank within sector18 / 4718 / 4728 / 4632 / 4512 / 44
Quartile2nd2nd3rd3rd2nd
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.
3.49
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.
0.82
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.
0.41
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%.
11.27
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.
10.16
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.
0.19
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.
0.18
Price movement
52 week high580.6
52 week low475.6
Current bid price556.7
Current offer price601.1
Current mid price-
Region
1UK97.1%
2Money Market2.9%
Industry sector
1Industrials27.93%
2Consumer Services21.1%
3Financials13.58%
4Basic Materials10.01%
5Consumer Goods8.28%
6Technology6.75%
7Health Care6.31%
8Oil & Gas3.14%
9Money Market2.9%
Asset type
1Commodity & Energy97.1%
2Money Market2.9%
Individual holdings
14IMPRINT GROUP PLC2.92%
2SCAPA GROUP PLC2.87%
3RESTORE PLC2.68%
4FEVERTREE DRINKS PLC2.6%
5CVS GROUP PLC2.45%
6YOUGOV2.32%
7HILL & SMITH HLDGS2%
8DECHRA PHARMACEUTICALS1.97%
9ADVANCED MEDICAL SOLUTIONS GROUP1.92%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The investment objective of the Fund is to achieve capital growth, with a low running yield. The Scheme will invest predominantly in securities, including convertibles and preference shares. Investment may also be made in Government and other public securities from time to time. Investment will be made predominantly in UK securities, but the Scheme will be able to invest elsewhere in the European Union. The benchmark of the Scheme is the FTSE All-Share Index. The Fund may also invest in units in collective investment schemes.
Benchmark
  • Numis Smaller Companies plus AIM ex-Investment Trusts
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Roland Arnold05/07/2016Roland Arnold, Director and Portfolio Manager, is a member of the UK Equity team in the Fundamental Equity division of BlackRock's Alpha Strategies Group. Mr Arnold's primary responsibility is managing small and mid cap UK equity portfolios, with a sector emphasis on Technology.Mr Arnold's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM in 2000, Mr Arnold worked at a UK retail bank as a performance and credit analyst. Mr Arnold earned a BA (Hones) in Economics and Management from Leeds University in 1998.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Growth & Recovery A Acc
Initial charge6%
Annual charge1%
Min single investment£50,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.03%
Bid price680.2
Offer price734.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKA12
BlackRock Growth & Recovery A Inc
Initial charge6%
Annual charge1%
Min single investment£50,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.03%
Bid price556.7
Offer price601.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKA07
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.