BlackRock UK Absolute Alpha Class P Acc
Overview
| Fund manager's initial charge | 5.00% |
|---|---|
| HL initial saving | 5.00% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | Yes View risks |
| Total Expense Ratio | 1.68% |
| HL annual saving | 0.10% 2 |
| Platform fee | Free |
| Launch date | 29-04-2005 |
| Launch price | £1.00 |
| Sector | Absolute Return |
| Fund size | £1,229 million |
| Number of holdings | N/a |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
Our analysis suggests that stock selection, previously a positive contributor to performance, has deteriorated. So as a precautionary measure the fund has been removed from our Wealth 150 list.
About the Fund Manager
Mark Lyttleton
Located in: London
Mark Lyttleton, Managing Director and portfolio manager, is a member of BlackRock's UK Equity team. He is responsible for managing UK equity portfolios and for covering the food & drug retailers sector. Mr. Lyttleton's service with the firm dates back to 1992, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was responsible for managing a range of retail portfolios for the UK equity team. He began his investment career with MLIM in 1992. Mr. Lyttleton earned a BSc degree, with honours, in chemistry from the University of York in 1992.
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Income details
| Running yield | N/a |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 December 2011 |
|---|---|
| Payment date 4 | 28 February 2012 |
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Top 10 holdings
| Justice Holdings | 2.90% |
|---|---|
| APR Energy | 2.20% |
| BG Group | 2.10% |
| Imperial Tobacco | 2.10% |
| LXB Retail Properties | 1.90% |
| Wolseley | 1.90% |
| Compass Group | 1.90% |
| Hansteen Holdings | 1.60% |
| 3i Group | 1.40% |
Top 10 sectors
Top 10 sectors currently unavailable.
Top 10 countries
Top 10 countries currently unavailable.
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or 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.
As well as investing in shares and other assets, absolute return funds can also use derivatives to take short positions in companies. Therefore the returns depend primarily on the manager's stock picking skills, not solely on the price of their holdings rising, and the standard analysis of the underlying investments is not applicable.
Prices as at 09-02-2012.
