Fact sheet: BlackRock Sm Cos IT

Fund information
Fund name
BlackRock Smaller Companies IT
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund managers
  • Mike Prentissince 31/08/2002
Accolades
 Highly Commended - UK Smaller Cos.
Fund objective
To achieve long term capital growth for shareholders through investment mainly in smaller UK quoted companies.
Benchmark
  • Numis Smaller Companies (ex ITs)
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-3.3%
1 Year rank in sector
10/18
Sector
IT UK Smaller Companies
Yield
2%
Fund size
£433m
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.
118
Mid price
905
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
1103.9
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-17.38
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
107
Top in this sector
Fund name1 Year
Chelverton Growth Trust plc35.9%
Rights & Issues IT33.7%
Invesco Perp UK Sm Cos plc7.4%
River & Merc UK Micro Cap3.7%
AberforthGeardIncTstPlc-0.2%
...more in IT UK Smaller Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.6%0.4%0.2%-3.3%14.4%132.6%
Sector0.9%0.1%2.6%1.8%24.7%118.2%
Rank within sector6 / 186 / 188 / 1810 / 1810 / 167 / 16
Quartile2nd2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-7.1%31.7%-14.7%70.4%30.1%
Sector-0.1%25.3%-5.1%44.7%28.8%
Rank within sector12 / 185 / 1714 / 161 / 1611 / 16
Quartile3rd2nd4th1st3rd
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.
-3.8
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.
1.2
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.
0.04
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%.
16.25
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.
8.48
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.
0.74
Price movement
52 week high1010
52 week low735
Current bid price905
Current offer price907
Current mid price905
Region
1UK100%
Industry sector
1Industrials29.5%
2Consumer Services21%
3Financials13.3%
4Technology9.3%
5Basic Materials8.8%
6Consumer Goods8.3%
7Health Care7.7%
8Oil & Gas1.9%
9Utilities0.2%
Asset type
1UK Equities100%
Individual holdings
14IMPRINT GROUP PLC2.8%
2CVS GROUP PLC2.2%
3DECHRA PHARMACEUTICALS1.9%
4ADVANCED MEDICAL SOLUTIONS GROUP1.7%
5AVON RUBBER1.7%
6HILL & SMITH HLDGS1.7%
7FEVERTREE DRINKS PLC1.6%
8GB GROUP1.6%
9RESTORE PLC1.6%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund objective
To achieve long term capital growth for shareholders through investment mainly in smaller UK quoted companies.
Benchmark
  • Numis Smaller Companies (ex ITs)
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mike Prentis31/08/2002Mike Prentis is manager of BlackRock Smaller Companies Trust plc and is co-manager of the BlackRock Throgmorton Trust plc and is a member of the UK Equity Team. Prior to joining BlackRock in 2005 Mike worked at 3i in both their asset management and private equity businesses. Mike has a degree in geography.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Smaller Companies IT
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1099.45
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJIP
BlackRock Smaller Companies IT NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1109.02
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXJ97
Data provided by

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