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BlackRock US Opportunities Class D - Income (GBP)

Sell:1,009.00p Buy:1,011.00p Change: 3.00p (0.30%)
Prices as at 4 August 2020
Sell:1,009.00p
Buy:1,011.00p
Change: 3.00p (0.30%)
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 4 August 2020
Sell:1,009.00p
Buy:1,011.00p
Change: 3.00p (0.30%)
Prices as at 4 August 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.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. 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 »

Our view on the sector

UK investors need little introduction to America. It's the world's biggest stock market and is home to world-leading companies in almost every industry there is, from media and film, through to manufacturing and transportation. We think most diversified portfolios should have some exposure to the US market. But it's one of the most heavily researched in the world so share prices of well-known companies can react quickly to new information. We think this can make it more difficult for fund managers to find opportunities missed by others and to consistently perform better than the broader market over the long term. Many funds investing in the US aim to grow the value of your original investment, rather than pay a high level of income. Some focus on the largest companies in the market. Others look for opportunities amongst small and medium-sized companies, which may offer greater growth potential, but are higher risk.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

04/08/15 to 04/08/16 04/08/16 to 04/08/17 04/08/17 to 04/08/18 04/08/18 to 04/08/19 04/08/19 to 04/08/20
Annual return 11.55% 15.28% 13.43% 9.26% -13.28%

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.

Information about the fund

Fund manager biography

manager photo
Manager Name: David Zhao
Manager start date: 31 March 2017
Manager located in:

David Zhao, Managing Director, is a member of the Fundamental Active Equity business of BlackRock's Active Equity Group. David is Co-Director of Research and a Research Analyst on the BlackRock Equity Dividend team. He covers the Information Technology and Financials Services sectors. Prior to joining BlackRock, David was a Global Equity Senior Research Analyst and Principal at Pzena Investment Management covering Technology, US Banks/Brokers, Medical Technology, Non-Life Insurance, Financial Technology and select Industrials. David began his career as an Analyst at Lehman Brothers covering Technology M&A, and later was as an Associate in Lehman Brother's Corporate Strategy Group. David holds a BA of Arts with degrees in Economics and Computer Information Systems and graduated Cum Laude from Northwestern University.

manager photo
Manager Name: Franco Tapia
Manager start date: 31 March 2017
Manager located in:

Franco Tapia, CFA, Managing Director, is a member of the Fundamental Active Equity division. Franco is a Portfolio Manager on the Equity Dividend Fund suite as well as a Co-Director of Research for the US Equity Income and Value Platform. Franco also has coverage responsibilities of the consumer sector. Prior to joining Blackrock in 2016, Franco worked for ten years at Pzena Investment Management where he was a Principal and served as a Portfolio Manager and a Senior Equity Analyst. During his tenure, he managed the US & Global Best Idea portfolios, as well as covered various sectors: REITs, Retail, EM Banks, and IT Hardware & Services. Additionally, Franco was a small-cap generalist and emerging market generalist. Franco began his career as a consultant with Mainspring (now IBM) and later worked at Morgan Stanley and the Boston Consulting Group. Franco graduated with honors from Harvard University in 2000, with a BA degree in economics. He earned his MBA from the Wharton School of the University of Pennsylvania in 2006, where he graduated as a Palmer Scholar.

manager photo
Manager Name: Tony DeSpirito
Manager start date: 31 March 2017
Manager located in:

Antonio (Tony) DeSpirito, Managing Director, is Co-lead of the Equity Dividend Team and Director of Investments, US Equities within the Fundamental Active Equity business of BlackRock's Active Equity Group. Prior to joining BlackRock in 2014, Mr. DeSpirito worked at Pzena Investment Management, where he served as Managing Principal, portfolio manager, and a member of the firm's Executive Committee. Mr. DeSpirito was responsible for a suite of large-cap value, all-cap value and two hedge fund portfolios. Having managed value equity assets since 1996, Mr. DeSpirito served as a portfolio manager for the John Hancock Classic Value, PACE Large Company Value, and Vanguard Windsor funds. Mr. DeSpirito earned a BS degree in economics with concentration in finance, summa cum laude, from the Wharton School of the University of Pennsylvania in 1990, and a JD degree, magna cum laude, from Harvard Law School in 1993.

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. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account