Fact sheet: BlackRock Mid Cap UK Eq Trckr

Fund information
Fund name
BlackRock Mid Cap UK Equity Tracker D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Nimish Patelsince 23/02/2010
  • Kieran Doylesince 14/03/2016
Fund objective
The Fund aims to achieve capital growth by tracking closely the performance of the FTSE 250 Index, the Fund's benchmark index. The Fund invests in equity securities of companies that make up the benchmark index.
Benchmark
  • FTSE Custom 250 Net Midday Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
2.4%
1 Year rank in sector
199/277
Sector
UT UK All Companies
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.
0.17%
Fund size
£192m (£173m 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.
85
Bid price
177
Offer price
177.9
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-1.7%3.6%2.4%21.6%-
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector70 / 284179 / 283209 / 280199 / 27742 / 263-
Quartile1st3rd3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund2.7%11.2%3.4%31.7%-
Sector7%3.7%0.6%25.7%14.8%
Rank within sector200 / 27847 / 26958 / 26461 / 257-
Quartile3rd1st1st1st
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.
1.44
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.
1.1
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.
0.3
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%.
11.09
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.
3.96
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.
0.45
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 high187.7
52 week low150.3
Current bid price177
Current offer price177.9
Current mid price-
Region
1UK100%
Industry sector
1Financials37.18%
2Industrials25.06%
3Consumer Services18.01%
4Consumer Goods6.32%
5Health Care3.4%
6Oil & Gas3.17%
7Basic Materials2.81%
8Telecommunications1.43%
9Utilities1.37%
Asset type
1UK Equities100%
Individual holdings
1SCOTTISH MORTGAGE INVESTMENT TST1.29%
2SMURFIT KAPPA GROUP PLC1.23%
3RENTOKIL INITIAL1.22%
4HALMA1.15%
5SMITH(DS)1.09%
6WEIR GROUP1.07%
7AUTO TRADER GROUP PLC1.06%
8TATE & LYLE1.06%
9SEGRO PLC1.05%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The Fund aims to achieve capital growth by tracking closely the performance of the FTSE 250 Index, the Fund's benchmark index. The Fund invests in equity securities of companies that make up the benchmark index.
Benchmark
  • FTSE Custom 250 Net Midday Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
Nimish Patel23/02/2010Nimish Patel, Managing Director and senior portfolio manager, is a member of BlackRock's Institutional Index Equity team. Mr. Patel's service with the firm dates back to 2006, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he served as a senior portfolio manager in the Institutional Index Equity team,. In this role, he was responsible for overseeing all strategic client portfolios. Prior to joining BGI, Mr. Patel was a portfolio manager in the Quantitative Management Group at Northern Trust Global Investments where he managed a broad range of portfolios including global index equity, global enhanced equity and indexed fixed income. Mr. Patel joined NTGI in 2003 following its acquisition of Deutsche Asset Management's Quant and Index business. Mr. Patel joined Deutsche Asset Management (formerly Morgan Grenfell Asset Management) in 1997. During his tenure at DeAM, Mr. Patel initially served as a Fund Manager's assistant for UK Active Equity before transitioning to the Quantitative Investment Group where he served as a Transition Manager and Portfolio Manager. Mr. Patel is an Affiliate of The Association of Chartered Certified Accountants (ACCA).
Kieran Doyle14/03/2016Kieran Doyle, CFA, Vice President and portfolio manager, is a member of BlackRock's Institutional Index Equity team. Mr. Doyle's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Institutional Index Equity team. Prior to joining BGI, he was with KPMG. Mr. Doyle earned a master's degree in economics and finance from Bristol University in 2000.
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock Mid Cap UK Equity Tracker A Acc
Initial charge5%
Annual charge0.45%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.52%
Total expense ratio (TER)0.59%
Bid price173.5
Offer price183.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG6VI
BlackRock Mid Cap UK Equity Tracker D Acc
Initial charge-
Annual charge0.15%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.19%
Bid price177
Offer price177.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG6VJ
BlackRock Mid Cap UK Equity Tracker D Inc
Initial charge-
Annual charge0.15%
Min single investment£100,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)-
Bid price164.9
Offer price165.8
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKMWI
BlackRock Mid Cap UK Equity Tracker L
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price174.4
Offer price175.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGW2M
BlackRock Mid Cap UK Equity Tracker X Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price176.9
Offer price177.8
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG6VK
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