Fact sheet: BlackRock UK Equity

Fund information
Fund name
BlackRock UK Equity D Acc
Fund manager company
BlackRock
Fund type
Unit Trust
Fund managers
  • Imran Sattarsince 29/09/2003
  • James Macphersonsince 29/06/2002
  • Roland Arnoldsince 29/04/2010
  • Nick McLeod-Clarkesince 29/09/2014
Fund objective
The BlackRock UK Equity Fund aims to maximise the total return to investors from a combination of capital growth and income by investing largely in the ordinary shares of United Kingdom companies in any and all economic sectors. The Fund is intended for investment by bodies such as pension funds. The Fund may also invest in collective investment schemes.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
12.7%
1 Year rank in sector
104/277
Sector
UT UK All Companies
Yield
2.2%
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.
0.92%
Fund size
£378m (£485m 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.
92
Bid price
5928
Offer price
5966
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.4%
    Money Market1.6%
  • Consumer Services26.7%
    Financials19.1%
    Consumer Goods12.5%
    Industrials12.1%
    Health Care9.7%
  • UK Equities98.4%
    Money Market1.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%0.9%10.2%12.7%24.6%61.9%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector103 / 28598 / 28392 / 281104 / 27756 / 263137 / 251
Quartile2nd2nd2nd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund11.1%6.3%1.5%21.5%11.4%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector109 / 278106 / 269101 / 264188 / 257187 / 251
Quartile2nd2nd2nd3rd3rd
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.
1.65
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.
0.32
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%.
10.16
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.
2.1
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.
0.87
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.
0.96
Price movement
52 week high6084
52 week low4632
Current bid price5928
Current offer price5966
Current mid price-
Region
1UK98.38%
2Money Market1.62%
Industry sector
1Consumer Services26.72%
2Financials19.05%
3Consumer Goods12.48%
4Industrials12.07%
5Health Care9.66%
6Oil & Gas9.32%
7Basic Materials5.39%
8Telecommunications3.07%
9Money Market1.62%
Asset type
1UK Equities98.38%
2Money Market1.62%
Individual holdings
1BRITISH AMERICAN TOBACCO6.89%
2ROYAL DUTCH SHELL6.11%
3RELX PLC5.42%
4COMPASS GROUP5.06%
5WOLSELEY PLC4.53%
6SHIRE PLC4.43%
7LLOYDS BANKING GROUP PLC3.6%
8ASTRAZENECA PLC3.52%
9RIO TINTO3.5%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock
Fund type
Unit Trust
Fund objective
The BlackRock UK Equity Fund aims to maximise the total return to investors from a combination of capital growth and income by investing largely in the ordinary shares of United Kingdom companies in any and all economic sectors. The Fund is intended for investment by bodies such as pension funds. The Fund may also invest in collective investment schemes.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Imran Sattar29/09/2003Imran Sattar, Director, Fund Manager and CFA Charterholder, is a member of the UK Specialist Equity team. He is responsible for co-ordinating company research in the general financials sector. Imran began his investment career when he joined BlackRock as a graduate, having studied Mathematics and Economics at the University of Warwick. He initially worked in the Charities and Private Clients divisions before joining the UK Institutional team, and has over 14 years experience with the firm.
James Macpherson29/06/2002James Macpherson, Managing Director and portfolio manager, is co-head of UK Equities within the Fundamental Equity division of BlackRock's Alpha Strategies Group, and a member of BlackRock's Leadership Committee. James is responsible for managing BGF UK Fund, and a number of institutional portfolios, including BlackRock UK Equity Fund. In addition to responsibility for UK Equity research, with a sector emphasis on Aerospace and Defence Industry securities. Mr Macpherson's service with the firm dates back to 1985 when he joined SG Warburg & Co as a graduate trainee, and including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr Macpherson was appointed a Managing Director in 1997 and Co-Head of UK Equities in 2000. Mr Macpherson was educated at Trinity College, Oxford where he was an Exhibitioner and gained a BA (Honours) in Politics, Philosophy and Economics in 1985.
Roland Arnold29/04/2010Roland 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.
Nick McLeod-Clarke29/09/2014Nick McLeod-Clarke, Managing Director and portfolio manager, is a member of the UK Equity team in the Fundamental Equity division of BlackRock's Portfolio Management Group. Nick is co-head of the UK Income Fund and is responsible for managing UK equity portfolios for retail and institutional clients. Mr McLeod-Clarke's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM in 2001, Mr. McLeod-Clarke was co-head of UK Equities at Morley Fund Management, and head of Institutional Funds-UK Equities at Scottish Widows Investment Partnership. Mr. McLeod-Clarke earned a BA in Economics at University College Swansea in 1986, and an MSc in Finance from the London Business School in 1999.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
BlackRock UK Equity D Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price5928
Offer price5966
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07GQ
BlackRock UK Equity D Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price1793
Offer price1804
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code08Q0
Data provided by

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