BlackRock FinTech Class D2 - Accumulation (GBP Hedged)
Charges and Savings
Initial charges | |
---|---|
Initial charge: | 5.00% |
Initial saving from HL: | 5.00% |
Net initial charge: | 0.00% |
HL dealing charge: | Free |
Annual charges | |
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Performance fee: | No |
Ongoing charge (OCF/TER): | 0.99% |
Ongoing saving from HL: | 0.00% |
Net ongoing charge: | 0.99% |
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
06/11/19 to 06/11/20 | 06/11/20 to 06/11/21 | 06/11/21 to 06/11/22 | 06/11/22 to 06/11/23 | 06/11/23 to 06/11/24 | |
---|---|---|---|---|---|
Annual return | 28.00% | 33.33% | -46.71% | -6.07% | 35.79% |
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 chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its total assets in the equity securities (e.g. shares) of companies globally whose predominant economic activity comprises the research, development, production and/or distribution of technologies used and applied in financial services. The Fund will focus on companies that generate revenues from the application of technology in the financial services industry sector and/or which aim to compete with traditional methods in the operation and distribution of financial products and services. In normal market conditions the Fund will invest in a portfolio of equity securities of companies with large, medium and small market capitalisation (market capitalisation is the share price of the company multiplied by the number of shares issued) that are involved in activities including the following: payment systems, banking, investments, lending, insurance and software. Although it is likely that most of the Fund’s investments will be in companies located in developed markets globally, the Fund may also invest in emerging markets.
Income Details
Security | Weight |
---|---|
PAYPAL HOLDINGS | 5.14% |
DISCOVER FINANCIAL SERVICES | 4.68% |
GLOBAL PAYMENTS | 4.66% |
WEX INC | 4.37% |
CHARLES SCHWAB CORPORATION (THE) | 4.18% |
FISERV | 3.98% |
RAKUTEN BANK | 3.75% |
CAPITAL ONE FINANCIAL CORPORATION | 3.36% |
KIWOOM SECURITIES CO. | 3.28% |
WORLDLINE | 3.07% |
Sector | Weight |
---|---|
Industrial Support Services | 53.50% |
Banks | 19.63% |
Investment Banking & Brokerage Services | 11.90% |
Finance & Credit Services | 4.23% |
Software & Computer Services | 3.33% |
Non-life Insurance | 2.71% |
Telecommunications Service Providers | 2.08% |
Alternative Trading Strategies | 1.63% |
Cash and Equiv. | 0.97% |
Non-Classified | 0.00% |
Country | Weight |
---|---|
United States | 66.53% |
United Kingdom | 6.45% |
Italy | 4.03% |
Japan | 3.75% |
South Korea | 3.28% |
France | 3.07% |
Kazakhstan | 3.02% |
Switzerland | 2.38% |
Brazil | 2.00% |
Non-Classified | 1.63% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 6 November 2024. Data provided by Broadridge, correct as at 30 September 2024.
4 If you elect to receive the income from an ISA or a 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.