BlackRock Commodities Income - Under Review

INVESTMENT TRUST RESEARCH UPDATE: Trust rating moved to Under Review.

Jackie Beard, FCSI 21 January, 2014 | 6:43AM

We have placed the Morningstar Analyst Rating™ for BlackRock Commodities Income (BRCI) Under Review following the news that manager Richard Davis is stepping down from the fund. Previously the fund held a Bronze Rating. Davis has been succeeded by his colleague Olivia Ker and, like Davis, she will be deputised by Tom Holl. This is the first time that Ker has been the lead manager on a portfolio, and we will be meeting with her to discuss her plans for the fund. Until such time, the rating is Under Review.

To see all the latest fund rating news click here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BlackRock Energy and Resources Income67.50 GBX0.75

About Author

Jackie Beard, FCSI

Jackie Beard, FCSI  is Director of Manager Research Services, Morningstar EMEA

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