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BlackRock UK Absolute Alpha S Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider BlackRock
Fund Summary The Fund aims to achieve positive absolute returns for investors through a combination of capital growth and income on your investment and, as such, the Fund will not be managed against any United Kingdom (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. However, an absolute return is not guaranteed over a 12 month or any period and the Fund may experience periods of negative return. The Fund's capital is at risk. The Fund primarily aims to gain investment exposure to equity securities (e.g. shares) and equity-related securities of, or giving exposure to, companies incorporated or listed in the UK. In order to achieve its objective, the Fund invests primarily in derivatives, equity securities and other equity-related securities and when determined appropriate fixed income (FI) securities (such as bonds), money-market instruments (MMIs), deposits and cash.
SEDOL code BW0D7Q7
ISIN GB00BW0D7Q79
Fund code MCAPA
Managers Nicholas Osborne, Nigel Ridge
Manager Tenure 11 years
Morningstar Category Alt - Long/Short Equity - UK
IMA Sector Targeted Absolute Return
Fund Size £280 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 0.85%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.109
Buy Price £1.165
Price Change 0.00%
Price Date 22nd May 2019
Yield 0.26%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 20th March 2015
Fund Status OPEN
Nick Osborne, CFA, Director and portfolio manager, is a member of the UK Equity team in the Fundamental Equity division of BlackRock's Portfolio Management Group. He co-manages the UK Absolute Alpha Fund and is responsible for managing UK equity portfolios for institutional and retail investors and also covers the Utilities and Telecommunications sectors.Mr Osborne's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. He began his career with MLIM in 1999 as an investment analyst on the UK and Emerging Market teams.Mr. Osborne earned a BSc in Economics from Bristol University in 1999.

3-year Mean Monthly Return: 0.226%

Annual Returns 2018 2017 2016 2015
Fund Performance +1.32% -1.30% +4.98% +2.93%
Benchmark Performance
(Alt - Long/Short Equity - UK)
Time Period Cumulative Benchmark Performance
(Alt - Long/Short Equity - UK)
Fund Compared to Benchmark
1 day 0.00% -0.54% Currently unavailable
1 week 0.18% -0.94% Currently unavailable
1 month 0.73% -2.81% Currently unavailable
3 months 3.07% -4.93% Currently unavailable
6 months 7.05% -6.09% Currently unavailable
1 year 2.59% -9.08% Currently unavailable
3 years 6.84% +15.44% Currently unavailable
5 years Currently unavailable +28.24% Currently unavailable
10 years Currently unavailable Currently unavailable Currently unavailable
YTD 7.25% -5.17% Currently unavailable
Since inception 11.26% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
BlackRock ICS Sterling Liq Agency Inc IRL 9.75%
Tesco PLCCFD GBR 5.53%
RELX PLCCFD GBR 5.43%
The Toronto-Dominion Bank 0.92% CAN 5.33%
Royal Dutch Shell PLC BCFD GBR 4.85%
Sumitomo Trust & Banking Co., Ltd. 0.9% JPN 4.62%
Svenska Handelsbanken Ab (Publ) 0% SWE 4.61%
British American Tobacco PLCCFD GBR 4.40%
Rentokil Initial PLCCFD GBR 4.36%
Standard Chartered PLCCFD GBR 4.30%
Dividend Date Per share amount Reinvestment Price
1st March 2019 0.0002 £1.0840
3rd September 2018 0.0027 £1.0650
1st September 2017 0.0031 £1.0800
1st September 2016 0.0001 £1.0470