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BlackRock Global Long Short Equity Class D2 - Accumulation (GBP)

Sell:10,445.00p Buy:10,445.00p Change: 21.00p (0.20%)
Prices as at 23 September 2020
Sell:10,445.00p
Buy:10,445.00p
Change: 21.00p (0.20%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 23 September 2020
Sell:10,445.00p
Buy:10,445.00p
Change: 21.00p (0.20%)
Prices as at 23 September 2020
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.68%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.68%

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

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 2 June 2014
Sector: Offshore
Fund size: £72 million
Number of holdings: 2640
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 15:00
Trustee: State Street Bank Luxembourg S.A.
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: No
Minimum regular savings value: n/a

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Performance

23/09/15 to 23/09/16 23/09/16 to 23/09/17 23/09/17 to 23/09/18 23/09/18 to 23/09/19 23/09/19 to 23/09/20
Annual return -8.17% 12.45% 0.13% 0.13% 0.19%

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 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 BlackRock Global Long/Short Equity Fund seeks to achieve a positive absolute return for investors regardless of market movements. The Fund will seek to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures. The Fund will seek to gain at least 70% of its investment exposure through equities and equity-related securities (including derivatives) of, or giving exposure to, companies domiciled in, or exercising the predominant part of their economic activity in developed markets. The Fund will seek to achieve this investment objective by investing at least 70% of its total assets in equities and equity-related securities and, when determined appropriate, cash and near-cash instruments. The Fund will be highly diversified across the universe of global developed market securities, whilst seeking to generate returns with a low correlation to the global developed equity market. In order to achieve the investment objective and policy, the Fund will invest in a variety of investment strategies and instruments. The Fund intends to take full advantage of the ability to invest in derivatives providing synthetic long and/or synthetic short positions with the aim of maximising positive returns.

Income Details

Income paid: n/a
Type of payment: Dividend
Ex-dividend date:
Payment date:

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
TREASURY BILL 07/23/2020 12.99%
TREASURY BILL 08/13/2020 10.06%
TREASURY BILL 10/13/2020 9.64%
TREASURY BILL 08/27/2020 9.36%
TREASURY BILL 09/24/2020 8.24%
TREASURY BILL 09/17/2020 6.98%
TREASURY BILL 07/16/2020 6.15%
TREASURY BILL 10/27/2020 5.87%
TREASURY BILL 10/01/2020 5.03%
TREASURY BILL 07/09/2020 4.05%
Sector Weight
Bonds 85.67%
Cash and Equiv. 11.30%
Software & Computer Services 9.23%
Medical Equipment & Services 5.88%
Retailers 4.21%
Aerospace & Defence 2.76%
Alternative Trading Strategies 2.70%
Personal Goods 2.41%
Investment Banking & Brokerage Services 2.11%
Telecommunications Equipment 1.91%
Country Weight
United States 94.52%
Cash and Equiv. 11.30%
Non-Classified 2.44%
France 2.11%
Spain 1.47%
Luxembourg 1.06%
Netherlands 0.43%
Japan 0.31%
China 0.02%
Managed Funds 0.01%

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 23 September 2020. Data provided by Funds Library, correct as at 31 July 2020.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

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.