Fact sheet: BlackRock UK Absolute Alpha

Fund information

Fund name
BlackRock UK Absolute Alpha D Acc
Fund company manager
BlackRock
Fund type
UKA
Fund manager
Nigel Ridge
since 28/03/2013
Fund objective
BlackRock UK Absolute Alpha Fund seeks to achieve a positive absolute return for investors and, as such, the Fund will not be managed against any UK equity index. The Fund will be managed with the aim of delivering absolute (more than zero) returns on a 12 month basis in any market conditions
Benchmark
3 Month LIBOR
Investment style
Absolute Return
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

4.13 %

1 Year rank in sector

31/71

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 320.1 m

FE Risk score

24

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    100%
  • Financials
    13.12%
  • Consumer Services
    12.41%
  • Industrials
    6.64%
  • Consumer Goods
    4.38%
  • Oil & Gas
    3.02%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.27 %1.43 %4.2 %21.59 %23.1 %
Sector0.4 %2.49 %5.07 %7.68 %18.8 %
Rank within sector43 / 7846 / 7731 / 719 / 5721 / 49
Quartile th3 rd3 rd2 nd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund1.29 %2.44 %7.83 %6.58 %3.49 %
Sector2.23 %0.97 %2.2 %2.51 %6.51 %
Rank within sector49 / 7729 / 708 / 6412 / 5538 / 50
Quartile th3 rd2 nd1 st1 st4 th

Risk statistics

Alpha3.54
Beta1.16
Sharpe0.75
Volatility4.12
Tracking error3.59
Information ratio1.09
R-Squared0.24

Price movement

52 week high148.7
52 week low140
Current bid price148.7
Current offer price149
Current mid price0

Holdings by region

  • 100% UK

Holdings by sector

  • 13.12% Financials
  • 12.41% Consumer Services
  • 6.64% Industrials
  • 4.38% Consumer Goods
  • 3.02% Oil & Gas
  • 2.99% Health Care
  • 2.2% Telecommunications
  • 0.59% Utilities
  • -0.24% Technology
  • -0.62% Basic Materials

Holdings by asset type

-

Individual holdings

  • 5.62% RELX PLC
  • 4.2% BRITISH AMERICAN TOBACCO
  • 3.56% LLOYDS BANKING GROUP PLC
  • 3.07% TESCO
  • 2.82% 3I GROUP
  • 2.82% CARNIVAL CORP
  • 2.53% WOLSELEY PLC
  • 2.42% CRH
  • 2.39% BETTER CAPITAL
  • 2.39% RENTOKIL INITIAL