BlackRock UK Absolute Alpha Fund A Acc

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Performance History31/05/2022
Growth of 1,000 (GBP) Advanced Graph
BlackRock UK Absolute Alpha Fund A Acc
Fund-6.09.2-1.80.45.4
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Key Stats
NAV
28/06/2022
 GBX 174.36
Day Change 0.37%
Morningstar Category™ Equity Market Neutral Other
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B06L9G55
Fund Size (Mil)
31/05/2022
 GBP 106.52
Share Class Size (Mil)
31/01/2008
 GBP 459.19
Max Initial Charge 5.00%
Ongoing Charge
16/02/2022
  1.91%
Morningstar Research
Analyst Report

BlackRock UK Absolute Alpha’s experienced lead manager, together with a well-structured investment approach backed by in-depth research, continue to support a Morningstar Analyst Rating of Bronze for its cheapest share classes, while the fund’s...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAbove Average
ProcessAbove Average
Performance
Price
Investment Objective: BlackRock UK Absolute Alpha Fund A Acc
The aim of the Fund is to provide a positive absolute return on your investment (i.e. an increase in the overall value of the Fund) (gross of fees) over any 12 month period regardless of market conditions. The Fund’s target, which is used in the calculation of performance fees after all other fees, is to have a return greater than 3 Month SONIA compounded in arrears plus 11.9 basis point spread over the relevant 12 month period. The Fund will invest at least 70% of its total assets in derivatives, equity securities, equity related securities (i.e. other investments whose value is related to equities) and money market instruments (i.e. debt securities with short term maturities), cash or assets that can be turned into cash quickly. Derivatives will be used to further the investment objective of the Fund. Derivatives may also be used seek to reduce risk (relevant to the investment objective) within the Sub-Fund, reduce investment costs and generate additional income for the Sub-Fund.
Returns
Trailing Returns (GBP)28/06/2022
YTD4.85
3 Years Annualised1.92
5 Years Annualised1.12
10 Years Annualised2.43
12 Month Yield 0.21
Management
Manager Name
Start Date
Nigel Ridge
28/03/2013
Inception Date
29/04/2005
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
SONIA-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  BlackRock UK Absolute Alpha Fund A Acc30/04/2022
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock79.9660.1719.79
Bond0.560.000.56
Property0.000.000.00
Cash145.3965.7479.65
Other0.000.000.00
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United Kingdom95.15
United States3.89
Europe - ex Euro0.95
Canada0.00
Latin America0.00
Top 5 Sectors%
No Data Available
Top 5 HoldingsSector%
BlackRock ICS Stlg LiqEnvtlyAwr ... 9.61
CFD on AstraZeneca PLC6.11
CFD on RELX PLC5.42
CFD on Shell PLC5.12
CFD on Rentokil Initial PLC4.59
BlackRock UK Absolute Alpha Fund A Acc

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)