BlackRock UK Special Situations Accumulation Units 
Also available as
income units
Charges and savings
| Fund manager's initial charge | 5.00% |
|---|---|
| HL saving on initial charge | 5.00% |
| HL Dealing charge | Free |
| Net initial charge | 0.00% |
| Fund manager's annual charge | 1.50% |
| HL Annual saving (loyalty bonus) | 0.25% 2 |
| Net Annual charge | 1.25% |
| Fund manager's other expenses | 0.17% |
| Performance fee | No |
| HL Platform charge | Free |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above. Further details available in the HL guide to fund prices, savings and yields.
Other information
| Launch date | 14-03-1981 |
|---|---|
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £1,754 million |
| Number of holdings | 65 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
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Before you invest please read the documents below.
HL research - our view on this fund
Richard Plackett is reasonably optimistic in his outlook for 2013. Although low economic growth looks set to remain this year, he believes data from the US and developing world suggests economic weakness is largely confined to Europe. In the UK, he anticipates the government will continue with its quantitative easing programme and expects the UK economy to benefit. However, he believes the strongest growth is likely to come from outside the UK so continues to favour high-quality companies with a strong international presence.
About the Fund Manager
Richard Plackett
Located in: London
Richard Plackett, CA, Managing Director, is head of the UK Small/Mid Cap Team. Mr. Plackett's service with the firm dates back to 2002, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Plackett headed up the UK Small/Mid Cap Team, managed the ML UK Special Situations Fund, the ML UK Small Cap Fund, the ML UK Emerging Companies Hedge Fund, and a range of other small and mid cap portfolios for retail and institutional clients. Prior to joining MLIM in 2002, Mr. Plackett worked for M&G, where he managed the smaller companies and income fund teams, as well as heading up the entire UK investment process. Prior to that, he was in quoted fund management. He began his career at 3i private equity. Mr. Plackett earned an MA degree in economics from Cambridge University in 1985.
Income details
| Historic yield | 1.19% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 26-04-2013.
Top 10 holdings
| HSBC Holdings PLC (UK Reg) | 4.86% |
|---|---|
| Royal Dutch Shell B | 4.70% |
| Vodafone Group | 3.44% |
| Rio Tinto | 3.41% |
| Aveva Group | 3.19% |
| GlaxoSmithKline | 3.10% |
| Unilever | 3.07% |
| BP | 3.05% |
| Rotork | 2.83% |
| Senior | 2.72% |
Top 10 sectors
| Oil & Gas Producers | 11.58% |
|---|---|
| Banks | 9.96% |
| Support Services | 7.26% |
| Electronic & Electrical Equipment | 6.82% |
| Mining | 5.89% |
| Financial Services | 5.42% |
| Software & Computer Services | 5.26% |
| Pharmaceuticals & Biotechnology | 5.06% |
| Industrial Engineering | 5.05% |
| Household Goods & Home Construction | 4.96% |
Top 10 countries
| United Kingdom | 92.99% |
|---|---|
| Cash and Equiv. | 3.59% |
| Direct Property and REITs | 3.42% |
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 (loyalty bonus) only available on holdings worth over £1,000. Loyalty bonuses in the Vantage Fund & Share Account are paid net of basic rate tax. Loyalty bonuses in the Vantage ISA and SIPP are tax-free and paid gross.
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 17-05-2013. Data as at 30/04/2013.
