BlackRock UK Absolute Alpha D
Targeted Absolute ReturnPricing frequency
Daily
Dealing cut off time
10:45
Type
Unit Trust
Yield
-
NAV
181.83p
Ongoing charge
0.92%
Latest actual NAV date
22-04-2024
ISIN
GB00B5ZNQ990
UCITS
Yes
This fund can be held in a Dealing accountISALifetime ISAJISASIPPand can be used with Regular investment
Before investing please read:
Growth of 10k
Asset allocation
Top 10 holdings
| Holdings 29/02/2024 | % of assets |
|---|---|
| BlackRock ICS Stlg LiqEnvtlyAwr Agcy Inc | 9.51 |
| RELX PLC | 6.92 |
| Compass Group PLC | 5.92 |
| AstraZeneca PLC | 5.32 |
| Shell PLC | 4.94 |
| Pearson PLC | 3.84 |
| 3i Group Ord | 3.66 |
| Serco Group PLC | 3.52 |
| HSBC Holdings PLC | 3.22 |
| Auto Trader Group PLC | 2.90 |
Investment objective
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.
Morningstar ratingTM
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2024 AJ Bell. All rights reserved.