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BlackRock Balanced Growth Portfolio Class D - Accumulation (GBP)

Sell: 256.90pBuy: 258.20p0.60p (0.23%)

Prices as at 28 July 2014

* Please note that there can be occasions when the Selling price shown may be temporarily higher than the Buying price. This can sometimes happen when the stock market is closed but it can also happen at other times for a variety of reasons. However, when the stock market is open and you place a trade, the selling price available to you will never be higher than the buying price. Live prices will be available when you place a deal with us during market hours. Please check these and contact us if you are unable to deal online.
Also available as income units Help

Charges and Savings

Fund manager's initial charge: 0.00%
HL saving on initial charge: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Fund manager's annual charge: 0.75%
HL saving on annual charge (loyalty bonus): 0.00%
Net annual charge: 0.75%
 
Fund manager's other expenses: 0.24%
Performance fee: No  

Please read the Simplified Prospectus/Key Investor Information Document (KIID) in addition to the information above. Further details available in the HL guide to fund prices, savings and yields. Loyalty bonus is paid tax-free in an ISA or SIPP but may be subject to tax in a Fund & Share Account.

HRMC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held outside ISAs or SIPPs should be paid net of basic rate tax. We believe this is incorrect and are challenging HMRC's interpretation. However, in line with best client accounting practice and to save clients facing an unexpected bill in the future, we are currently paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC. Loyalty bonuses in the Vantage Fund & Share Accounts held by overseas investors, companies and charities will be paid without any deductions, as will loyalty bonuses in the Vantage ISA and Vantage SIPP which are exempt from tax.

Other Information

Unit type: Unbundled
Manager: Multiple
Fund launch date: 1 February 1989
Sector: Mixed Investment 40-85% Shares
Fund size: £191 million
Number of holdings: 292
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: BNY Mellon Trust & Depositary (UK) Ltd
Minimum investment: £500.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £50.00

Performance

28/07/09 to 28/07/10 28/07/10 to 28/07/11 28/07/11 to 28/07/12 28/07/12 to 28/07/13 28/07/13 to 28/07/14
Annual return 18.48% 11.65% -5.64% 17.9% 4.08%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 150 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 150 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 150 funds are superior alternatives. View funds on the Wealth 150 »

Fund Objective

To achieve long-term total return, either through capital growth and/or income generation depending on market conditions. Investment may be made in a global portfolio of equities and fixed income securities, as well as collective investment schemes, cash in sterling or other currencies and money market instruments. Investment may be made in any and all economic sectors, although under normal market conditions there will be an emphasis on the UK. The Fund will invest in derivatives and indirectly in alternative asset classes such as commodities or property.

Income Details

Historic yield : 2.57%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 September 2014 1 March 2015
Payment date: 31 October 20144 30 April 20154

All yields are variable and not guaranteed. Information correct as at 8 May 2014.

Security Weight
BlackRock UK Special Situations Class A 10.83%
BlackRock UK Index 8.61%
1¼% Treasury Gilt 2018 5.87%
BLACKROCK UK FOCUS FUND CLASS X 5.44%
BlackRock UK Smaller Companies Class A 4.95%
BlackRock Continental European Class A 4.49%
BGF ASEAN LEADERS FUND X2RF USD 2.26%
Bluecrest Allblue Fund (GBP) 2.19%
STONE HARBOR EM DEBT I USD ACC 2.18%
BH Macro (GBP) 2.01%
Sector Weight
Bonds 21.12%
Managed Funds 19.56%
Cash and Equiv. 9.13%
Equity Investment Instruments 5.68%
Oil & Gas Producers 4.14%
Pharmaceuticals & Biotechnology 3.73%
Banks 3.61%
Support Services 3.22%
Financial Services 2.41%
Life Insurance 2.29%
Country Weight
United Kingdom 49.63%
Managed Funds 19.56%
Cash and Equiv. 9.13%
Non-Classified 6.93%
United States 2.21%
Greece 1.64%
Italy 1.55%
Netherlands 1.11%
China 1.10%
Germany 1.09%

Fund Manager

1 of 2
Photo of Colin Graham

Key facts

Colin Graham
Manager start date 12/12/2005
Manager located in London

Biography

Colin Graham, CFA, CAIA, Director, is a lead portfolio manager within BlackRock's Multi-Asset Portfolio Strategies (MAPS) group, which is responsible for developing, assembling and managing investment solutions involving multiple strategies and asset classes. Mr. Graham is lead portfolio manager of the Relative Return strategies in MAPS for the global client base managed from London. He is also a member of the MAPS management team. Mr. Graham's service with the firm dates back to 1997, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Graham focuses on portfolio management and determining asset allocation views for MAPS clients. He is the lead portfolio manager for several institutional mandates and multi-asset retail funds. Prior to joining MLIM, Mr. Graham worked in the actuarial department of a leading UK financial services company, after which he moved to the Risk, Finance and Insurance practice of one of the largest global benefits consultants. Mr. Graham earned a BSc degree, with honours, in mathematics and management from Brunel University in 1992.

Photo of Andrew Warwick

Key facts

Andrew Warwick
Manager start date 07/03/2011
Manager located in London

Biography

Andrew Warwick, CFA, Director and portfolio manager, is a member of the BlackRock Multi-Asset Client Solutions (BMACS) group, which is responsible for developing, assembling and managing investment solutions involving multiple strategies and asset classes. Mr. Warwick is involved in Relative Return and Liability Driven Investment mandates. He is also responsible for derivative implementation and structured product strategies for BMACS. Prior to MLIM he was with Mako Global Derivatives and Dalton Strategic Partnership from 2002-2005. Mr. Warwick first joined MLIM in 1993 as manager for MLIM's unit trusts before joining the quantitative and derivatives team as portfolio manager and equity derivatives head trader in 1997. He was co-portfolio manager of MLIM's first hedge fund, the Mercury Equity Arbitrage Fund. Mr. Warwick earned a MSc in Finance from the University of Leicester.

You can buy or sell holdings in this fund through a NISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Prices as at 28 July 2014. Data as at 30 June 2014.

Wealth 150 fund

The Wealth 150 is a list of what we believe are the best funds in all the main sectors. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

Wealth 150+ fund

The Wealth 150 is a list of what we believe are the best funds in all the main sectors. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

As investment returns depend on two factors - performance and charges - we have identified from the Wealth 150, the funds we believe offer the very best combination of outstanding performance potential and the best prices. These are the Wealth150+ funds. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.

Core Tracker fund

The Core Trackers list represents what we believe are the very best trackers in each of the main sectors. We analysed each fund's management, process and performance to find the best combination of quality and cost. We want to ensure that the fund has not only tracked its index closely in the past, but that it has the best potential to track well in the future. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.



Hargreaves Lansdown is authorised and regulated by the Financial Conduct Authority.

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